These are top six Pyramid Schemes
Whether you see it as an upside down triangle swear it's not a ponzi scheme or call it an mlm aka multi level marketing
If it looks like a pyramid and sounds like a pyramid it's a pyramid scheme they bank on entrepreneurial people buying into the dream of one day moving up the pyramid by having everyone downstream sell for them
The benefit from a network based sales force without the costs of a shop front or salaries
So if you could just give us a moment of your time we would like to tell you about the top 6 largest pyramid schemes
Number Six
Number Six Tupperware annual sales two billion dollars US tupperware might just be the og of the pyramid movement
They started with their home based tupperware sales parties in 1948, Since then they've been the household name and storing leftovers and keeping cereal fresh
They target moms and market their food prep systems while offering big savings for anyone hosting a tupperware party in their home, It's a business model that's still used today in mlms
Number Five
Number Five co way annual sales 2.5 billion us dollars co a started in 1989 in korea
This multi level marketing company is now an international name in water and air purifier products as well as vacuum cleaners bidets and food waste and sewage treatment solutions for households
They offer once off sales as well as the rental services of their products even mattress rentals believe it or not some of the pyramid schemes on this list even sell more outlandish products than bidets
Number Four
Number Four The three billion dollar triplets natura mary kay and perfect we didn't feel like we could mention one of these beauty care mlms without the other
But they all turn over in the three billion dollar range natira is a brazilian company that boasts 6.6 million consultants worldwide perfect is often thought of as a chinese avon equivalent
But if avon sold wine and laundry detergent on top of beauty products and mary kay is the american in the sisterhood well known for their offer of free makeup consultations
Number Three
Number Three Herbalife annual sales 4.9 billion dollars US there aren't many people left on the planet who haven't had a body scan or been given some free herbalife shake powder like all good mlms
The first one's free after that it's relentless recruiting to stay in the herbalife loop herbalife is one of the most recognized names in the multi level marketing business
As early as 1996 they had a net worth of 250 million dollars and although their triangle shaped recruitment business model is clearly a pyramid scheme somehow they manage to fly under the radar even in countries where pyramid schemes are illegal
And like many others they've been embroiled in many scandals about the claims they make about their products
Number Two
Number Two Avon annual sales five and a half billion dollars US even if you don't need anything when you pick up an avon cosmetics and toiletries catalog by the time you flip through it
You'll have an order jotted down there's something about their unassuming zine like sales material that catches one off guard to the tune of five and a half billion dollars in sales in 2018
They sport a sales team of 6.4 million people worldwide and claim the title of the second fastest growing direct selling company in the world
Number One
Number One Market america annual sales 7.3 billion dollars US in 1992 former amway distributors jr and lauren rittinger founded market america
It offers a similar list of products to amway such as household cleaning supplies jewelry cosmetics and health and weight loss supplements and in addition websites and water purifiers
It's quite a mixed bag of offerings despite the name market america is big in canada spain taiwan china australia and singapore too and what we can only imagine is a brilliant marketing
Move in 2010 they bought the shopping comparison website shop.com but they've been in a lot of hot water over their company's history in 1999, They were accused of securities fraud and settled the case for 2 million in penalties
They've also been accused of being in a legal pyramid scheme faced breach of contract and employment violation charges corruption and racketeering and false product claims it's a rap sheet almost as long as their product list
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