Businesspersons
Loren Ridinger Net Worth
Loren Ridinger's Net Worth as of 2024
$10 Million
Loren Ashley Ridinger was born on 21 November 1968, in Queens, New York City USA, and is an entrepreneur, best known as a co-founder and the Senior Vice-President of the internet marketing companies Market America and Shop.com, and the founder of the cosmetics line Motives, skin care line Cellular Laboratories, product line Fixx Solutions and jewelry collections Loren Jewels and Yours by Loren for HSN.
A famous entrepreneur, how wealthy is Loren Ridinger? According to sources, Ridinger has established a net worth of over $10 million, as of mid-2016. Her assets include a luxury house in Miami Beach filled with 18th century art, a penthouse in New York City filled with works by Rembrandt, Renoir and Picasso, and houses in Puerto Rico, Bali, The Bahamas and in the mountains of North Carolina, plus a pair of multi-million dollar yachts. Her wealth has been accumulated through her involvement in internet marketing, as well as in the fashion and beauty industries.
Loren Ridinger Net Worth $10 Million
Ridinger grew up in Greensboro, North Carolina. At the age of 16 she began working as a clerk in a retail store, but shortly after she took up a job as the vice-president’s assistant at Sears, and later worked as office manager at TV Ventures.
In 1992 Ridinger founded Market America, along with her husband James Howard Ridinger and her brother Marc Ashley. The company, headquartered in Greensboro, focused on selling clothing, automotive care, electronics, oral hygiene, dietary supplements, coffee and water filtration systems, all manufactured by other companies but marketed by Market America. The business developed over the years, and the company expanded its operations to Australia, Hong Kong, The Phillipines, the UK and Mexico, and added various products to its sales, such as health and nutrition items, home and garden care, pet care, personal care, cosmetics and jewelry, offering its own products, but also linking customers to various retailers, such as Target, Gap, Neiman Marcus, and numerous others. The success of the company grew rapidly, reaching $360 million in retail sales in 2005, with Loren’s net worth benefiting accordingly.
In 2008, Market America partnered with iMirus company, and included digital and print versions of magazines, books and catalogs in its offer. Two years later, the company purchased a shopping comparison site Shop.com for more than $50 million, and the same year it reached $393 million in sales, with $43 million in earnings. As of 2011, Market America has employed over 650 people. In 2013 it was ranked 27th in the Direct Selling News Global 100 List of multi-level marketing companies. Being the owner of a multi-million dollar company has enabled Ridinger to amass significant personal wealth.
Under Market America, Ridinger launched a cosmetics line called Motives in 2008. It has since been distributed in Canada, Philippines, United Kingdom, Hong Kong and USA. She has also developed a luxury skin care line called Cellular Laboratories and product line Fixx Solutions. In addition, she is the creator of jewelry lines Loren Jewels and Yours by Loren for HSN. All have added to her net worth.
Ridinger’s success and her contributions to fashion and beauty industries have earned her a number of awards and honors, such as the Women of Substance and Style award from Fashion Group International. She was named Woman Extraordinaire and in the Top 50 Entrepreneurs by Business Leader magazine, Top 100 Influential Women by Vogue, and one of New York and Miami’s most influential people by Haute Living Magazine. Her blog ‘Loren’s World’ has been included in Forbes’ Top 100 Websites for Women.
In her private life, Ridinger has been married to JR Ridinger since 1993. The couple has one daughter Amber and resides in Miami and New York City. Ridinger is a devoted philanthropist; she has been a member of various charitable causes, including Rally for Kids with Cancer, American Heart Association, Make-a-Wish Foundation, Cycic Fibrosis Foundation, Jennifer Lopez Foundation, among numerous other.
Actors
Jeff Beitzel Net Worth
Jeff Beitzel was born in the United States of America, and was a businessman and reality television personality, best known for establishing several successful automotive companies such as Quantum Fuel Systems, of which he was the COO, and also for starring in the reality show “The Real Housewives of Orange County”. All of his efforts helped put his net worth to where it was prior to his passing.
How rich was Jeff Beitzel? As of early-2017, sources inform us of a net worth that was at $3 million, mostly earned through the success of his numerous companies. He helped create and expand several automotive businesses, serving in high positions in them. He reportedly earned a salary of $725,000, but all of his achievements ensured the position of his wealth.
Jeff Beitzel Net Worth $3 million
Jeff attended Lehigh University, and would graduate with a degree in mechanical engineering. After his studies, he started working at the Ford Motor Company, and after gaining a lot of experience, he began establishing his own automotive businesses, which included Quantum Fuel Systems Technology; the company focuses on fuel storage, fuel efficiency, and natural forms of fuel. Beitzel eventually rose up to become the COO of the company in 2005. Other groups he worked for include Tecstar Automotive Group (formerly Starcraft Corp.) and Powertrain Integration. He served as the Co-Chief Executive Officer of Tecstar and was the president of Tecstar subsidiaries, as well as the President of Powertrain Integration. Quantum Fuel Systems eventually merged with Tecstar, but Powertrain Integration on the other hand focuses on powertrain solutions including highway systems, alternative fuels, and other services. Thanks to all of these endeavors, his net worth continued to increase.
Jeff eventually became engaged to reality television star and businesswoman Gretchen Rossi. Since then, he started appearing in the hit reality TV show “The Real Housewives of Orange County”, which helped somewhat in increasing his net worth further. The show started in 2006 airing on Bravo TV, its premise being to show the professional and personal lives of several women residing in Orange County. Rossi started appearing in the show during the fourth season, and Jeff started getting featured on the show when they became engaged. The show also featured his battle with leukemia.
For his personal life, it is known that Jeff was married five times before becoming engaged to Rossi; he passed away in 2008 from leukemia. After his death, his ex-wife and three children started challenging Rossi in the press, claiming the Beitzel never really intended to marry her. The issue was also brought out because it was reported that Jeff left Gretchen several million dollars in his estate. Despite this, Rossi has shrugged off most of the statements against her and even dedicated a social media post to Jeff during the anniversary of his death. She’s also reported to have spent time with his kids, even amidst rumors of infidelity during their relationship. One of Jeff’s children has commented that all the publicity didn’t really matter, because in the end his father loved Rossi.
Billionaires
Gautam Adani Net Worth
Gautam Shantilal Adani was born on the 24th June 1962, in Ahmedabad, Gujarat, India and is a businessman, widely known as a founder and the chairman of the multinational conglomerate Adani Group. Adani has been active in the business of coal mining and gas distribution since 1988.
How much is the net worth of Gautam Adani? It has been estimated by authoritative sources that the overall size of his wealth is as much as $8.8 billion, as of the data presented in the middle of 2017. Adani Group is the main source of Adani’s fortune.
Gautam Adani Net Worth $8.8 Billion
To begin with, the boy with his seven siblings, was raised in Ahmedabad by his parents Shanta and Shantilal Adani. He was educated at the Sheth Chimanlal Nagindas Vidyalaya school, then entered Gujarat University to study commerce, yet he dropped out.
Currently, the billionaire Gautam Adani owns the largest brand of oil in India. The company was founded in 1988, with Gautam the founder and current president. He said he created his Group with a vision of Nation Building, that is to say by developing assets that he believes are important economic issues for the country. The Adani Group has grown rapidly by diversifying into import – export – it opened its own port in Mundra, to better control its trading operations. Construction began in 1995 and in 1998 it became one of the major sources of foreign exchange for India.
The following year, the company embarked on financial and energy speculation with coal trading, and soon created a joint venture (Adani Willmar) in the field of petroleum products trading in 2000. A second phase began for the group with the creation of large infrastructures. The company created a portfolio of ports, power stations, mines and a fleet of ships and railway lines in and out of India. In 2006, the company became the largest importer of coal in India – 11 million tons. Adani sought to be less dependent on the coal market, so he started to buy and control coal mines. Thus, he bought the Australian group Linc Energy, in order to supply the group’s coal-fired power stations. In 2008, he bought the Bunyu mine in Indonesia , with 180 million tons of coal reserves, and the following year, Adani Group became an energy company, producing 330 MW of thermal energy. In 2011, the group also decided to buy the exploitation rights of a large part of the Galilee coal basin in Australia. To prepare for the import of Australian coal, he ordered a large-capacity coal terminal at Mundra (the largest in the world) and in the same year he bought the Australian port of Abbot Point. This project is yet to come to fruition.
In 2012, the Group began a 3rd phase of development as integration infrastructure, renewing its logo and developing a new identity. The company focuses on three areas: resources, logistics and energy. Subsequently, under the direction of Gautam Adani, the Adani Group became a multinational conglomerate active in the production of electricity – especially through coal – and port terminals, logistics and agribusiness. It is India’s largest developer and port operator. The Group is the major source of Gautam Adani’s net worth.
Finally, in the personal life of Gautam, he is married to Priti and they have two children.
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