Herbalife
Sign in to saveHerbalife Nutrition Ltd., also called Herbalife International, Inc. (with a U.S. subsidiary called Herbalife International of America) or simply Herbalife, is an American multinational multi-level marketing (MLM) corporation that develops and sells dietary supplements.
Key facts
- Company.name
- Herbalife Nutrition Ltd.
- Company.logo
- Herbalife New Logo.png
- Company.type
- Public company
- Company.founder
- Mark R. Hughes
- Company.key_people
- Stephan Gratziani (CEO) Michael O. Johnson (Executive chairman)
- Company.industry
- Multi-level marketing
- Company.revenue
- (2023)
- Company.operating_income
- US$356 million (2023)
- Company.net_income
- US$142 million (2023)
- Company.assets
- US$2.80 billion (2023)
- Company.num_employees
- 8,900+ (2023)
- Company.founded
- inLos Angeles, California, U.S.
- Company.hq_location
- L.A. LiveLos Angeles, California, U.S.; legal domicile: Cayman Islands
via Wikipedia infobox
Article
13 sectionsContents
- History
- J.H. Whitney & Company and Golden Gate Capital
- Products
- Business model
- Liver disease inquiries
- Pyramid scheme allegations
- Bill Ackman
- FTC investigation
- U.S. Department of Justice investigation of bribery in China
- Sports sponsorships
- Media
- References
- External links
Herbalife Nutrition Ltd., also called Herbalife International, Inc. (with a U.S. subsidiary called Herbalife International of America) or simply Herbalife, is an American multinational multi-level marketing (MLM) corporation that develops and sells dietary supplements.
The company was founded by Mark R. Hughes in 1980, and employs an estimated 9,900 people worldwide. The company operates in 95 countries through a network of approximately 4.5 million independent distributors and members. In October 2022, previous CEO Michael O. Johnson was appointed as chairman and interim chief executive officer following the departure of John Agwunobi. The business is incorporated in the Cayman Islands, a tax haven, with its corporate headquarters located in Los Angeles, California.
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1980 establishments in California1980s initial public offerings2002 mergers and acquisitions2004 initial public offeringsCitation overkillCompanies based in Los AngelesCompanies formerly listed on the NasdaqCompanies listed on the New York Stock ExchangeCoordinates not on WikidataFood and drink companies based in CaliforniaFood and drink companies established in 1980