Myron Wentz
Grand Cayman, Cayman Islands
St. Kitts and Nevis
health products, Self Made
$1,300,000,000
1349
#1349 Billionaires 2019
Myron Wentz is founder and chairman of USANA, a multilevel marketing company that sells nutritional supplements and skincare products.Wentz owns 49% of USANA, which trades on NASDAQ and has $1 billion in net sales. He took it public in 1996.Wentz founded Gull Laboratories in 1974 to sell diagnostic tests to hospitals and labs. He sold his stake to a German firm in 1994 for $22 million.He renounced his American citizenship in the mid-1990s. He now claims citizenship in tax haven St. Kitts & Nevis.
He spends most of his time at Sanoviv Medical Institute, a holistic care center he founded in 1998 in Rosarito, Mexico.He enjoys snorkeling and watching coral reef videos on YouTube.
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