Robert Kiyosaki and his wife Kim started from scratch and became rentiers in less than ten years, achieving financial independence. Robert was born in Hawaii into a fourth-generation Japanese-American family. After graduating from high school, he studied in New York, and having received his diploma, joined the US Navy and was sent to Vietnam as a combat helicopter pilot with the rank of officer.
Maciej Maciejewski
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Amway’s presence in the home water treatment (HWT) industry in the Asia-Pacific region was recognized by Frost & Sullivan with the 2021 Competitive Strategy Leadership Award. Each year, Frost & Sullivan presents this award to a company that has leveraged its “competitive intelligence to successfully execute a strategy that results in stronger market share, competitive brand positioning, and customer satisfaction”.
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With the start of 2022, LR Health & Beauty is launching its new fitness brand LR:GO. New dietary supplements consists of products as well as a holistic coaching package with workout videos, diet plans and expert tips.
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Medifast Inc. – the parent company for DS/MLM health and wellness subsidiary OPTAVIA, reported annual revenue of $1.526 billion in 2021, a 63.2% increase over the previous year. Net income also saw enormous gains of 59.5% to equal $164 million. EPS for the year was $13.89, a 60% increase over 2020 levels.
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Finances
Hot financial news! Herbalife Nutrition reports largest annual net sales in company history in 2021
Herbalife Nutrition released its full year 2021 financial results, reporting net sales of $5.8 billion, a 4.7% increase over 2020 and the largest annual net sales in company history. Diluted EPS ($4.13), adjusted diluted EPS ($4.79), reported net income ($447.2 million) and adjusted EBITDA ($873.5 million) also beat annual company record highs.
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The Canadian Academic Entrepreneur Challenge announced the winning teams of its inaugural contest. A team of post-secondary students representing Trinity-Western University in Langley, British Columbia, won the top $2,500 prize, for their “wellness rings and comprehensive direct-to-consumer distribution strategy”.
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Nu Skin announced its fourth quarter and full year financial report for 2021. Included in the report are revenue increases for both categories, with fourth quarter revenue seeing a 10% boost and annual revenue increasing by 4%.
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Perhaps this is one of the reasons why so many people find the earning potential of network marketing suspicious: beyond all traditionally accepted conditions for professional success, virtually every person has a chance to achieve anything in this area of the economy.
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Sunrider International celebrated its 40th anniversary with a ribbon-cutting ceremony. The ceremony was held at its world headquarters building, in Torrance, California.
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USANA endeavored to accomplish small and large-scale projects that would live out the goals for corporate accountability and sustainability outlined in their 2021 Sustainability Report. The efforts were divided into three categories: people, planet and products.