Yacht Name: Utopia IV -
JR Ridinger Net Worth: US$ 300 million -
US internet entrepreneur JR Ridinger (James Howard Ridinger) is the owner of the Rossinavi yacht Utopia IV. Who is James Howard Ridinger? JR and his wife Loren Ridinger are the founders Of Market America. And they own the price comparison site Shop.com.
The Ridingers founded Market America in 1992. The company was founded out of their garage in Greensboro, North Carolina,. They later acquired Shop.com for online sales.
Market America is a multi-
Market America distributors are eligible to earn money from product sales commissions. And from recruiting new members to their sales team. The company is active in 10 countries. It realizes annual sales of US$ 1 billion.
In 2010 Market America acquired Shop.com from Bill Gates. Shop.com is an online comparison shopping engine provider. SHOP.COM intents to make online shopping easy by offering over 2,000 stores on just one site. By shopping with one easy checkout.
Shoppers can save money by searching hot deals and coupons. And free shipping deals, shopping the sale page and more.
With Market America’s Cash Back Program, shopper receive an amount in cash for every qualified item they purchase. The intention is that you refer new clients to Market America.
When they sign up as a customer and list you as the referral, you will be paid ½% cash back on their qualified purchases.
Loren Ridinger is Senior Executive Vice President of marketamerica.com and SHOP.COM.
Loren is the creator of the award-
Loren is also founder of the jewelry collection Loren Jewels. Her impeccable style has established her as one of today’s leading trendsetters. She was included in Vogue’s Top 100 influential women. And she was selected by Haute Living Magazine as one of New York and Miami’s most influential people.
The net worth of JR and Loren Ridinger is estimated at more than US$ 300 million.
The Ridingers are active philanthropists, donating and supporting Rally for Kids with Cancer. And for the American Heart Association, the Make-
JR and Loren Ridinger live in a large water front house in Miami Beach. The house has a value of around US$ 20 million. They also own a house in North Carolina. We think the Ridinger family owns a private jet. But we have not yet found a registration number.
The yacht Utopia IV is built at Rossinavi in Italy. The yacht is 63 meter (207 ft) and has a shallow draft of 2.2 meters (7.2ft). Utopia is powered by four MTU engines driving four hydro jets. Which give her a top speed of 28 knots.
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