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Amway Companies' information:
"Amway began in 1959 with two young entrepreneurs in the United States -- Rich DeVos and Jay Van Andel. Their concept for an innovative business opportunity, centered around person-to-person marketing, established itself as a leader among one of today's fastest-growing industries."
"As carefully planned by Rich and Jay, the second generation Van Andel and DeVos families took the helm during the ' 90s. Steve Van Andel and Dick DeVos succeeded their fathers as Chairman and President. Distributors witnessed a similar trend, with the second generation of many distributor families taking on important leadership roles."
"Today, more than 3.6 million independent business owners distribute Amway products in more than 80 countries and territories. Amway is part of the Alticor family of companies whose global sales totaled $4.5 billion in its most recent fiscal year."
Amway is one of the world's largest direct selling companies. It offers more than 450 Amway-brand products and more than 6,500 name-brand products. Amway is privately owned and definitely the most recognized network marketing company in the world. Dexter Yeager is probably the company's most famous distributor.
Multi-level marketing was the biggest growth industry in the 1980's. It is the industry that has made corporate giants of Amway, Shaklee, Mary Kay and Herbalife. It has been termed as the last true rags-to-riches opportunity left in North America, and its ability to bring enormous incomes to almost anyone is legend. But there are problems.
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