Steve van Andel – Net Worth $1.5 Billion – Owner of the Yacht MLR

Name:Steve van Andel
Net Worth:$1.5 billion
Source of Wealth:Amway
Born:October 9, 1955
Country:USA
Spouse:Amy Van Andel
Children:2
Residence:Ada
Private Jet:(N523AC) Gulfstream G550, (N524AC, N522AC)
Yacht:MLR

Who is Steve van Andel?

He is the Chairman of Amway. He was born on October 9, 1955. He is married to Amy Van Andel.

He is the son of Jay Van Andel,  co-founder of the Amway Corporation.

Amway Corporation

Amway (“American Way”) is an American multi-level marketing company that sells health, beauty, and home care products. The company was founded in 1959 by Jay Van Andel and Richard DeVos.

Amway combines direct selling with a multi-level marketing strategy, where the company offers commissions on sales made by new distributors, introduced to the company by existing distributors.

Nutrilite

Their first product was Nutrilite, a brand of mineral, vitamin, and dietary supplements. Amway bought a controlling interest in the company in 1972 and took over complete ownership in 1994.

Nowadays the company realizes sales of more than $8 billion per year. The company has more than 16,000 employees.

Chairman

Steve van Andel and Richard’s son Dick Devos are both co-Chairman. Dick Devos is married to Betsy Devos (former Secretary of Education of the US. Dick and Betsy own the yacht Legacy.

Van Andel Net Worth

His net worth is $ 1,5 billion.

Resources

https://www.amwayglobal.com

Jay Van Andel – Wikipedia

Amway – Wikipedia

Yacht MLR Owner

Steve van Andel


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Steve van Andel House

Steve van Andel Yacht


He is the owner of the yacht MLR. His business partner Dick DeVos owns the yacht Legacy.