- Herbalife International is an American multinational multi-level marketing corporation that develops, markets and sells nutrition supplements, weight management, sports nutrition and personal-care products
Herbalife Net worth 2024 (estimated)
| How much is Herbalife worth? | Under review
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Herbalife facts
- The company was founded by entrepreneur Mark Hughes in 1980, and it employs around 7,800 people worldwide
- Herbalife reported net sales of US$3
- 825 billion in 2014, a 21% decrease over 2013, and net income of $308
- 7 million
- It incorporated in the Cayman Islands, and its corporate headquarters are there
- The company operates internationally and distributes its products in 95 countries (as of July 2015) through a network of approximately 3
- 2 million independent distributors, some of whom earn profit on product sales and additional commission from a multi-level marketing (MLM) compensation structure
- The MLM compensation structure consists of commissions, royalties and bonuses on sales done by a distributor's downline (the people they have sponsored as new recruits)
- Out of about 526,000 total members in the US at the beginning of 2014, about 62,000 received bonuses of some kind from Herbalife: 7,385 (1
- 4%) received over $5,000 in bonuses per year (this translates to an average of $417 per month) and 1,304 (0
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