Amway
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Amway Corp
Amway (logo).svg
Ada Michigan Amway HQ DSCN9720.JPG
Base camp in Ada, Michigan
Type Private
Industry Multi-level showcasing
Founded November 9, 1959 (61 years prior)
Originator
Richard DeVos
Jay Van Andel
Headquarters Ada, Michigan, United States
Region served Worldwide
Key individuals
Steve Van Andel (Co-Chairman)
Doug DeVos (Co-Chairman)
Milind Pant (CEO)
Products Amway Home, Glister, G&H, Nutrilite, Artistry, AmwayQueen, eSpring, Atmosphere, XS Energy
Revenue US$ 8.4 billion (2019)[1][2]
Number of employees 16,000+[3][2]
Parent Alticor
Amway (another way to say "American Way") is an American staggered showcasing (MLM) organization that sells wellbeing, excellence, and home consideration products.[4][5][6] The organization was established in 1959 by Jay Van Andel and Richard DeVos and is situated in Ada, Michigan.[7][3] Amway and its sister organizations under Alticor detailed deals of $8.4 billion in 2019.[1][3] It conducts business through various associated organizations in excess of 100 nations and regions.
Amway has been researched in different nations and by foundations, for example, the Federal Trade Commission (FTC) for supposed fraudulent business model practices, however it has never been seen as liable, however it has paid huge number of dollars to settle these suits.[8][9][10][11][12][13]
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