Market America

Market America
Company typePrivate
Founded1992
FoundersJames Howard Ridinger
Loren Ridinger
HeadquartersGreensboro, North Carolina, United States
Area served
Worldwide
Key people
James Howard Ridinger (President and CEO)
RevenueUSD 791.1 million (2016)[1]
Total assetsUSD 146.1 million (2010)[2]
Number of employees
800 (as of 2016)[1]
Websitewww.marketamerica.com

Market America is a multi-level marketing company[3][4][5][6][7][8] founded in 1992 by JR and Loren Ridinger. Headquartered in Greensboro, North Carolina, the company employed around 800 people as of 2016.[1] The products offered by the company include household cleaning supplies, jewelry, personal care products, auto care, cosmetics, dietary supplements, custom websites, water purifiers, and weight management products. A 2017 lawsuit accused the company of being an illegal pyramid scheme.[3]

  1. ^ a b c "The Inc 5000 Market America profile". 2016. Retrieved 14 March 2018.
  2. ^ "Market America Worldwide, Inc. and Affiliates Consolidated Balance Sheet" (PDF). 31 December 2010. Archived from the original (PDF) on 18 October 2011. Retrieved 17 August 2011.
  3. ^ a b Berr, Jonathan (7 June 2017). "Market America faces federal racketeering suit". CBS News. CBS. Retrieved 10 June 2017.
  4. ^ Cite error: The named reference BloombergBusinessweek was invoked but never defined (see the help page).
  5. ^ Druce, Alex (2021-04-29). "As it happened: ASX sets new 14-month high as miners and tech fire". The Sydney Morning Herald. Retrieved 2021-07-15.
  6. ^ "What Is Market America?". Small Business - Chron.com. Retrieved 2021-07-15.
  7. ^ Cite error: The named reference TINA was invoked but never defined (see the help page).
  8. ^ Greenfield, Karl Taro. "CEO takes multilevel marketing to a new level". Dallas Morning News (July 2011). Retrieved 15 July 2021 – via PressReader.