Top 5 Largest Multi-level Marketing Companies in the World

  1. Top 1 Herbalife
  2. Top 2 USANA
  3. Top 3 Medifast
  4. Top 4 Betterware de Mexico
  5. Top 5 Nature's Sunshine Products

Top 5 Largest Multi-level Marketing Companies in the World

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MLM, or multilevel marketing, is a business technique and sales structure that some companies utilize to increase revenue streams. Members of a multilevel ... read more...

  1. Top 1

    Herbalife

    A multinational multi-level marketing (MLM) company called Herbalife Nutrition Ltd., or simply Herbalife, creates and markets dietary supplements. Mark R. Hughes established the business in 1980, and there are reportedly 9,900 workers employed by it globally. The company was founded in the Cayman Islands, although its main office is in Los Angeles, California. Via a network of around 4.5 million independent distributors and members, the company serves 95 different countries.


    Upon John Agwunobi's resignation in October 2022, former CEO Michael O. Johnson was named chairman and acting chief executive officer. The business has come under fire for running a "sophisticated pyramid scam." In response to these allegations, Herbalife reached a 2016 settlement with the U.S. Federal Trade Commission (FTC) in which it agreed to "fundamentally restructure" its business in the US but not globally and pay a $200 million fine.


    Herbalife's market capitalization as of March 2023 was $1.61 billion. By market cap, Herbalife is now the 3998th most valuable corporation in the world. The most recent financial reports for Herbalife indicate that the business's current revenue (TTM) is $5.20 billion. The company generated $5.80 billion in revenue in 2021, an increase from $5.54 billion in 2020.


    Founded: February 1980
    Headquarters: L.A. LiveLos Angeles, California, U.S.; Legal domicile: Cayman Islands
    Website: herbalife.com

    Screenshot via 	herbalife.com
    Screenshot via herbalife.com
    Screenshot via 	herbalife.com
    Screenshot via herbalife.com

  2. Top 2

    USANA

    USANA is a multi-level marketing organization with headquarters in West Valley City, Utah. Its full name is Usana Health Sciences, Inc. Usana ranked as the 14th-largest multi-level marketing organization globally as of 2021 based on revenue. [3] The majority of the business's skincare, dietary supplements, and nutritional goods are produced in a West Valley City plant. Through a network of independent distributors, its products are offered in 24 different countries.


    The market capitalization of USANA as of March 2023 was $1.16 billion. By market capitalization, USANA is now the 4412th most valuable corporation in the world. The most recent financial reports from USANA show that the company's current revenue (TTM) is $0.99 billion. The company generated $1.18 billion in revenue in 2021, a rise from $1.13 billion in revenue in 2020.


    Founded: 1992
    Headquarters: West Valley City, Utah, United States
    Website: usana.com

    Screenshot via 	 	usana.com
    Screenshot via usana.com
    Screenshot via 		usana.com
    Screenshot via usana.com
  3. Top 3

    Medifast

    A weight loss and nutrition company established in Baltimore, Maryland, is called Medifast, Inc. Through websites, telemarketing, multi-level marketing, franchised weight loss clinics, and multi-level marketing, Medifast manufactures, distributes, and sells weight loss and health-related products.


    In 1980, physician William Vitale launched Medifast. He offered his goods directly to other medical professionals, who then combined behavioral counseling techniques with his medications when prescribing them to their patients. The business is traded openly on the New York Stock Exchange (symbol: MED). Vitamin Specialties Corp. became HealthRite (the precursor of Medifast) on July 17, 1995.


    The market capitalization of Medifast was $1.08 billion as of March 2023. By market capitalization, Medifast is now the 4501st most valuable company in the world. The most recent financial reports from Medifast indicate that the company's current revenue (TTM) is $1.59 billion. The company generated $1.52 billion in revenue in 2021, an increase from $0.93 billion in 2020.


    Founded: 1981
    Headquarters: Baltimore, Maryland, United States
    Website: medifastinc.com

    Screenshot via 		medifastinc.com
    Screenshot via medifastinc.com
    Screenshot via 		medifastinc.com
    Screenshot via medifastinc.com
  4. Top 4

    Betterware de Mexico

    A multi-level marketing business called Betterware offers household goods in the UK. The business, which was established in 1928, has had a number of proprietors. The Betterware trademarks are now owned by Betterware Global Ltd., which acquired them when Betterware's previous owner, Stanley House Distribution, filed for bankruptcy in 2018.


    In 1928, the business was established in East London and offered brushes door-to-door. Betterware replaced the old name of Betterwear in 1970 to represent a wider range of goods. It was transported from Romford, Essex, to Castle Vale, Birmingham, by Stanley Cohen in 1983 for the price of £253,000. In the early 1990s, when its share price increased from roughly 20p to more than 250p, it was one of the best-performing shares on the stock market. It became a public corporation in 1986.

    In 1997, when the company was worth £117 million, Cohen sold his stake in it. The company offered a variety of goods, including furniture, kitchen and home storage items, mobility assistance, and personal care items.


    Founded: 1928
    Headquarters: Mexico
    Website: https://www.betterware.com.mx/

    Screenshot via 	https://www.betterware.com.mx/
    Screenshot via https://www.betterware.com.mx/
    Screenshot via 	 https://www.betterware.com.mx/
    Screenshot via https://www.betterware.com.mx/
  5. Top 5

    Nature's Sunshine Products

    NSP, also known as Nature's Sunshine Products, Inc., is a multi-level marketer of dietary supplements, including herbs, vitamins, minerals, and personal care items. Its headquarters are in Lehi, Utah, and its production site is in Spanish Fork.

    Gene and Kristine Hughes started encapsulating capsicum in their kitchen and later established Nature's Sunshine. The business uses a multi-level marketing strategy, with independent distributors selling the majority of the company's products to customers. Distributors earn commissions based on their own sales as well as sign-up bonuses and commissions based on the sales of any distributors they may have referred.

    Moreover, NSP is the owner of Synergy Global, a multi-level marketing business that also offers dietary supplements. A production and research facility in Spanish Fork, Utah, produces goods for both businesses.


    The market capitalization of Nature's Sunshine Products as of March 2023 is $0.20 billion. By market cap, this places Nature's Sunshine Products as the 6118th most valuable firm in the entire globe. The most recent financial reports for Nature's Sunshine Products indicate that the business's current revenue (TTM) is $0.43 billion. The company generated $0.44 billion in revenue in 2021, up from $0.38 billion in revenue in 2020.


    Founded: 1972
    Headquarters: Lehi, Utah (United States)
    Website: www.naturessunshine.com

    Screenshot via 	 	www.naturessunshine.com
    Screenshot via www.naturessunshine.com
    Screenshot via 		www.naturessunshine.com
    Screenshot via www.naturessunshine.com



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