JR Ridinger’s Net Worth
JR Ridinger’s Wiki; Owner of Market America
JR Ridinger is a millionaire, rose to prominence as the founder and the CEO of the company called Market America/SHOP.com. He, along with his wife Loren, launched their marketing and product brokerage company in 1992.
Now, his company has employed more than 500 people and serves three million customers.
|JR Ridinger’s Net Worth||$300 Million|
|Birthplace||New Jersey, United States (American)|
|Parents||Donnie Swaggart and Debbie Swaggart|
|Profession||Businessman, CEO of Market America|
|Married/ Single||Married to Loren Ridinger|
|Children||Two daughters: Amber and Amanda|
How did JR Ridinger Become Millionaire? Company’s Earnings!
JR Ridinger is indeed one of the richest men in network marketing. He owns a net worth of about $300 Million, which he derived from his company Market America. In association with his wife, Loren, he established the company in 1992. They sold various products like auto care, water filtration systems, and electronics under different other companies’ affiliation.
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Later, in 2010, his company bought Shop.com for an undisclosed amount. At the time, the company’s assets were worth 146.1 million. By the year 2016, Market America made a total revenue of about 791.1 million.
Who is his wife, Loren Ridinger? Loren’s Bio
Handling the family and business co-parallelly is what Loren Ridinger specializes in. She is not only his proud wife but also his business partner. Loren is the founding member of Market America. Currently, she is serving as the Senior Executive Vice President of the company.
Besides the company, she is also the founder of cosmetics line Motives and the skincare line Cellular Laboratories. Likewise, she possesses the jewelry collection called Loren Jewels.
The mother of two, Loren, with her work in various fields, has helped her to become Vogue’s Top 100 influential women. Also, she was listed amongst the New York and Miami’s most influential people.
Real-Estate Deals and Business: House’s Worth
Alongside the company, JR Ridinger and his wife Loren involves in the real-estate business. Earlier in June 2020, they listed their NYC condo for $20 million. Later, they lowered the price to $19.5 million. Earlier in 2016, the pair bought the mansion in Greenwich worth $6 million. Later, they sold it for $6.85 million in April 2019.
They are residing in a mansion located in Greenwich, which they bought for $17.5 million in 2018. They had put their home for a sale for $25 million. Likewise, they also own a large waterfront mansion that is worth $20 million.