And how much is it estimated he/she is making and is worth?
2006-12-13 02:18:29 · 5 answers · asked by Marcello 2 in Business & Finance ➔ Careers & Employment
More specifically, who is the wealthiest person who has MADE their money in MLM?
I assume there is at least one famous person since MLMers proclaim it to be the greatest business on earth.
Somehow I don't think the fact that Trump spoke at a convention for ACN means he is doing MLM. Funny stuff though.
2006-12-13 02:23:58 · update #1
The owners of the parent corporations are not what I am asking about. I am talking about someone who signed up with an MLM and made his/her millions. Thanks.
2006-12-13 02:25:10 · update #2
Most of people who get "rich" in Network Marketing, get that way from putting on training seminars and selling CDs, Tapes, DVDs and other training material.
I read somewhere that one of the big Amway/Quixtar gurus makes about $250,000 per year but only about $30,000 per year comes from the "product" side. The rest comes from the "motivational" side.
One thing though: The phrase "Fake It Till You Make It" runs rampant through all levels of organizations so it is next to impossible to tell who is making any money. If people are losing money (as most are) they act like they are making money. If people are making a little money, they act like they are making a lot.
Sorry, I know this doesn't answer your question but hopefully it helps a little.
2006-12-13 02:32:23 · answer #1 · answered by Wayne Z 7 · 0⤊ 0⤋
The person at the top. Usually the Founder. 99% of people fail in MLM. But the ones that make it, make it big! I've known people to make over 6 figures.
2006-12-13 02:21:09 · answer #2 · answered by PATRICK M 2 · 1⤊ 1⤋
My upline has over 6 million people in his downline and makes something like 4 million dollars a day. He probably is the richest because he has the nicest apartment I have ever seen.
2006-12-13 04:13:36 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Dick DeVoss...do a google search, but i'm pretty sure. He's president of Amway, which used to be a MLM...not too sure if it still is.
2006-12-13 02:22:35 · answer #4 · answered by bella9566 2 · 0⤊ 0⤋
well i have to say Donald Trump as he is associated with ACN (phone sales) although i am sure he is not activly selling for them
my advice stay away from those scams as i like to call them
some are more lik cults
2006-12-13 02:21:31 · answer #5 · answered by Acee 3 · 0⤊ 1⤋