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JR Ridinger Net Worth: What Caused Death of Market America’s Founder?

jr ridinger net worth

Jr Ridinger was a businessman, CEO, and founder by trade. He was best known as the head of Market America, an online marketing company. He had a personality of a millionaire. He passed away on August 30, 2022.

We are certain that you are seeking Jr Ridinger’s details, such as his wife’s name, Weeding, Height, Family, Age, Career, racial background, and net worth. We are attempting to collect as much data as possible. Due to his infrequent usage of social media, we only have access to the limited information provided below.

Names of JR Ridinger’s Parents—Father and Mother

Jr. Ridinger was born in Greensboro, North Carolina, in the United States. He was a businessman, CEO, and founder by trade. He graduates from Sidwell Friends School and subsequently enrolls at Private College.

His father’s and mother’s names were unidentified. Want to know every detail about his personal and professional life. In that case, you are in the proper location, and the entire collection of facts is required reading.

Ridinger Carrillo’s Spouse and Child’s

According to social media sources and the most recent news, his relationship status was married, and Loren Ridinger was his wife/girlfriend. Therefore, continue reading the article and verify his whole facts.

Market America

Former Amway distributor James Howard Ridinger and his wife Loren Ridinger started Market America in 1992. As of 2016, the company’s Greensboro, North Carolina headquarters employed approximately 800 people.

Throughout the years, the company has offered products such as vehicle care, electronics, clothing, water filtration systems, flowers, coffee, and oral hygiene through affiliations with outside companies that advertise and offer these products on the company’s website.

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In 2001, Ridinger acquired all outstanding shares of the company and took it private. Late in 2010, the business acquired the shopping comparison website for an undisclosed sum.

Market America announced its relationship with Verb Technology, Inc., a provider of interactive video-based sales enablement applications, such as interactive livestream eCommerce, in July 2021.

Market America began utilizing Verb’s services in order to provide its distributors with interactive, live-stream broadcasts that include a “click now” option for clients interested in purchasing products during the live broadcast. It was to be made available to all international film distributors.

In August 2021, Market America announced a partnership with Sezzle, financial technology and publicly-traded firm that offers a “buy now, pay later” online payment service that allows customers to pay for their complete purchase in four installments over six weeks with no interest.

What Was JR Ridinger’s Net Worth?

JR Ridinger was an American businessman who died with a net worth of $300 million as per Celebritynetworth. Jr Ridinger, 63, died abruptly in August 2022. He died of a pulmonary embolism while aboard a yacht in Croatia, according to reports.

James Howard Ridinger was born in the city of New York, New York. With his wife Loren, he co-founded the online marketing and goods brokerage company Market America/ in 1992. Greensboro, North Carolina is the company’s headquarters, and it employs 500 employees.

They have over 3 million customers and were placed 27th on The DSN’s Global 100 List in 2013. Health, home and garden, pet care, auto care, personal care, cosmetics, jewelry, and water filter systems are among the company’s offerings. The 10th Annual Fashion Art Ball to Benefit Cystic Fibrosis was sponsored by the corporation.

J.r. Ridinger’s Career, What Was His Occupation?

Market America, which he founded, was founded by J. R. and his wife Lorean Ridinger. His company sells cleaning supplies, jewelry, cosmetics, personal care items, automotive care, dietary supplements, custom websites, water purifiers, and weight loss aids. In 2017, a lawsuit claimed that this company was an unlicensed pyramid scheme.

However, after Ridinger purchased all outstanding shares, the company was taken private in 2001. The company, including its Isotonix product line, has registered for and received various trademarks for its goods and services.

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According to Market America, all of its items are manufactured by other companies and are exclusively marketed by Market America. Market America distributors can profit from product sales commissions.

What Caused Ridinger’s Death?

J.R. Ridinger died at the age of 63 after suffering a pulmonary embolism on a yacht in Croatia, according to Page Six. Loren, the businessman’s wife, revealed the devastating news of his death. She went to her Facebook page and wrote a touching post. “While I am unable to speak and am in shock,” she wrote. You should be aware that I am broken. “My heart was ripped out.”

“To dispel the reports that he fell… when on our first vacation in three years with [family], J.R. experienced a sudden pulmonary embolism that stole him from us,” she continued.

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J.R. Ridinger is survived by his wife Loren, their two daughters, Amanda Ridinger and Amber Ridinger-McLaughlin, as well as his three grandchildren, Ayden, Ayva, and Aydrien.

J.R. Ridinger’s Age

Ridinger died at the age of 63, having been born on March 17, 1959 in Greensboro, North Carolina, USA. Gettysburg College awarded him a bachelor’s degree in Arts.

J.r. Ridinger Received Numerous Tributes

Ridinger’s friends and relatives flocked to social media to pay their respects after learning of his passing. Serena Williams wrote, “I am shattered for you and for you.” Meanwhile, Naomi Campbell expressed her sorrow, writing, “My heartfelt condolences to you Loren, and your family and loved ones.”

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