| Name: | Hubert Freidl |
| Net Worth: | $500 million |
| Source of Wealth: | My World / Lyoness |
| Born: | January 29, 1972 |
| Age: | |
| Country: | Austria |
| Wife: | Silvia Freidl |
| Children: | 0 |
| Residence: | Monaco |
| Private Jet: | (OE-GJW) Learjet Learjet 75 |
| Yacht: | SH MAGIC |
Hubert Freidl is the founder of My World and the multi-level marketing company Lyoness. He was born on January 29, 1972. He is married to Silvia Freidl.
Lyoness is a multi-level marketing company. Lyoness operates an international, cross-sectoral shopping community, from which members and merchants presumably benefit through cashback discounts and customer loyalty programs. Lyoness members receive an 0.5% commission over the purchases made by the people they have introduced to Lyoness, as well as 0.5% over the purchases made by people those people introduced. Since 2014 the company uses the trademark name Lyconet.
Multi-Level Marketing (MLM) is a business model in which participants earn income from both their own sales of products or services, as well as the sales made by the people they recruit into the program. In MLM, participants act as independent contractors or distributors for a company, typically in the areas of health and wellness, cosmetics, household goods, or financial services.
MLM programs typically involve recruiting others to join the program as distributors, building a network or downline of distributors, and earning commissions on the sales generated by their downline. The commissions earned by participants can be based on the sales made by the participant and their downline, as well as bonuses for meeting certain performance goals.
He also founded myWorld Holdings, based in London. The company is active in the promotion and operations of a comprehensive Customer Relationship Management Program (“CRM”).
His net worth is estimated at $500 million. His assets include the multi-level marketing company Lyoness, a large yacht named SH Magic, a business jet, and a large real estate portfolio.
https://en.wikipedia.org/wiki/Lyoness
https://www.instagram.com/freidlhubert/
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He lives with his wife Silvia Freidl in Monaco. We believe they also have a residence in London.
Monaco is a sovereign city-state located on the French Riviera in Western Europe. It is known for its luxurious lifestyle, beautiful Mediterranean coastline, and favorable tax policies. Many people are attracted to Monaco’s residency program, which offers a variety of benefits for individuals who choose to live and work in the country.
To become a resident of Monaco, individuals must meet certain criteria and follow a specific application process. The criteria for residency include having sufficient financial resources to support oneself and any dependents, and a clean criminal record. Additionally, applicants must rent or purchase a residence in Monaco, and spend at least three months per year in the country.
Once approved for residency, individuals can enjoy a variety of benefits. Monaco has no income tax for residents, which is a major attraction for many people. Additionally, residents of Monaco have access to high-quality healthcare, education, and public services.
Monaco’s residency program is also attractive for entrepreneurs and investors. The country has a thriving business community, and many successful businesses have been founded in Monaco. The residency program offers opportunities for entrepreneurs to network with other business leaders and investors, and to take advantage of Monaco’s favorable business climate.
He is the owner of the yacht SH MAGIC.
The yacht SH MAGIC was built by Sunseeker in 2017. She is designed by Sunseeker.
The yacht is powered by MTU engines. Her max speed is 25 knots. Her cruising speed is 18 knots. She has a range of more than 3000 nm. The luxury yacht can accommodate 10 guests and a crew of 9.
He is the owner of a Learjet 75 private jet, with registration OE-GJW. The aircraft carries the Lyconet Elite Club logo.
The Learjet 75 is a business jet produced by the Canadian aircraft manufacturer, Bombardier Aerospace. It is an improved version of the popular Learjet 45XR, offering several upgrades and enhancements to its predecessor.
One of the major upgrades to the Learjet 75 is its engines. The aircraft is powered by two Honeywell TFE731-40BR engines, which provide greater thrust and improved fuel efficiency compared to the Learjet 45XR. This allows the Learjet 75 to achieve a maximum cruise speed of 464 knots (857 km/h) and a maximum range of 2,040 nautical miles (3,778 km).
The Learjet 75 also features a modern avionics suite, including the Garmin G5000 flight deck. This advanced system includes touch-screen displays, intuitive controls, and enhanced situational awareness capabilities. The G5000 flight deck also includes advanced safety features, such as synthetic vision technology and automatic dependent surveillance-broadcast (ADS-B) capabilities.
The Learjet 75 has a spacious cabin with seating for up to nine passengers. The cabin features modern design elements and high-end finishes, including leather seating, wood veneers, and brushed metal accents. The cabin also features a fully-equipped galley, a private lavatory, and ample storage space for luggage and personal items.
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