Friday, December 18, 2009

Amway Global - How Many Millionaires Has Amway Created?

I don't know how many millionaires Amway has created. I honestly don't think Amway knows either, except for the owners of Amway who are reported as billionaires. But still there is a myth that Amway has created the most millionaires in the US, save for Microsoft corporation. To be perfectly honest, I am fairly sure that there are some millionaires who can attribute their wealth accumulation to the Amway business. But I suspect that there are far fewer millionaires created by the Amway opporunity in North America than your upline would have you believe.

I googled WikiAnswers to see how many people in the US are millionaires. The answer was 1 out of every 125 Americans are millionaires. It did not specify how much income these folks had, nor did it say what kinds of businesses or occupations were likely to make you a millionaire.

But then again, we can make some comparisons of how many millionaires versus various pin levels. 1 out of about 240 IBOs reach the platinum level where depending on your structure, you might earn $30,000 to $50,000 annually. These figures are approximate. 1 out of about 15,000 IBOs reach the level of diamond where you earn about $147,000 annually.

But 1 out of 125 people in the US are millionaires.

5 comments:

Anonymous said...

This article is somewhat opinionated. I wonder if the writer have had any connection to Amway. One must remember that anybody can just upload information in Wiki and Google and that some of these are garbage.

Tony Tone said...

1 out of 25 Americans is a millionaire>? Seriously, what are you smoking? Millionaire's are usually CEO's, Business owners and 'highly financed' investors...The 'millionaire' price tag is at the top of the pyramid....and some pyramids hire a HUGE number of people(millions) and never pay over 10 bucks an HR (i.e. Walmart, McDonald's, ....you get the picture). I question your sources...
-Professional Engineer

Joecool said...

Tony, please read the article again. I said 1 out of 125 Americans are millionaires.

Anonymous said...

For an engineer tony math is way wrong, sorry tony. Lol



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k.y.nandan said...

u don't think ---- then honestly better think first :P