Jr. Ridinger’s Net Worth, Biography, Wife, and Assets!
Jr Ridinger worked as an entrepreneur, CEO, and founder. He was best known as the CEO of Market America, an internet marketing firm. His personality belonged to a multi-millionaire. He passed away on August 30th, 2022.
We believe you are looking for information about Jr Ridinger, such as his wife’s name, Height, Family, Age, Career, and net worth. We are attempting to collect as much data as possible. Due to his infrequent use of social media, only a limited amount of information is available, as shown below.
What is Jr Ridinger’s Net Worth
JR Ridinger was an American businessman who reportedly had a $300 million fortune at the time of his death, according to Celebrity Net Worth. 63-year-old Jr. Ridinger passed away suddenly in August 2022. According to reports, he died from a pulmonary embolism on a boat in Croatia.
James Howard Ridinger’s birthplace is New York, New York. Together with his wife Loren, he co-founded the internet marketing and product brokerage company Market America/SHOP.com in 1992. The company’s headquarters are located in Greensboro, North Carolina, and employ 500 people.
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With over three million customers, they were ranked 27th on The DSN’s Global 100 List in 2013. The organization’s products and services include health, home and garden, pet care, vehicle care, personal care, cosmetics, jewelry, and water filtration systems. The 10th Annual Fashion Art Ball to Benefit Cystic Fibrosis was sponsored by the company.
Ridinger JR Real Estate
In June 2020, JR and Loren Ridinger listed their New York City condo for slightly less than $20 million. Finally, the cost was reduced to $19.5 million. As of this writing, they still haven’t found a buyer. The monthly HOA fee for the 7,600-square-foot apartment is $19,000 per month.
In 2016, they put $6 million into a large estate in Greenwich, Connecticut. In April 2019, they sold this house for $6.85 million.
At the time of his death in 2022, JR and Loren were living in a different Greenwich mansion, which they purchased in 2018 for $17.5 million. The 5.34-acre property was purchased for $25 million.
Loren and JR owned a large beachfront mansion in Miami, which was probably worth $20 million.
JR Ridinger’s Professional Career
J. R. Ridinger and his wife Lorean Ridinger founded Market America. His company sells cleaning supplies, jewelry, cosmetics, personal care products, vehicle care, nutritional supplements, custom websites, water purifiers, and weight loss supplements. A complaint filed in 2017 claimed that this company was an unlicensed pyramid scheme.
However, the firm was taken private in 2001 when Ridinger purchased all outstanding shares. The company has registered and been granted a number of trademarks for its goods and services, including its Isotonix product line.
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Market America claims that all of its products are manufactured by third parties and sold entirely by the company. Market America distributors can earn product sales commissions.
JR Ridinger Biography
Full Name | JR Ridinger |
Nick Name | JR |
Profession | American businessman, and entrepreneur |
Birth Date | 17 March 1959 |
Birth Place |
Greensboro, North Carolina, United States of America
|
Age | 63 years old |
Home town |
Greensboro, North Carolina, United States of America
|
Zodiac Sign | Not Known |
Death Date | 30 August 2022 |
Death Place | Croatia |
Cause of Death | after suffering a pulmonary embolism |
Famous For |
Founder, CEO, and president of the online marketing company Market America
|
Education Qualification | Graduation |
Nationality | American |
JR Ridinger Family and Wife
Jr. Ridinger was born in Greensboro, North Carolina, a country within the United States. He worked as an entrepreneur, CEO, and founder. He enrolls in Private College after graduating from Sidwell Friends School.
The names of his mother and father were unknown. Every facet of his personal and professional life interests him. You are in the right place in this instance, and you should carefully read every fact in this collection.
According to social media and news reports, Loren Ridinger was his wife/girlfriend, and he was married. Continue reading the article to verify all of his assertions.
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FAQs
What is JR Ridinger’s net worth?
JR Ridinger’s net worth is estimated to be $300 million as of this year. He is the creator of the UnFranchise Business System and the founder and CEO of Market America and Shop.com.
JR Ridinger’s source of income
JR Ridinger’s net worth stems from his massive retail operations. Market America has been connecting brands and consumers for over 25 years. He also expanded into the global market by launching Shop.com.
Who Established Market America?
JR and Loren Ridinger co-founded Market America. While Loren’s involvement is more subtle, her contributions are no less significant than JR’s.