Businessman

JR Ridinger Leaves Wife Loren Ridinger With A Net Worth Of $250 Million, A Sad Tribute

Jr Ridinger with Loren Ridinger ( Source : unfranchise )

JR Ridinger leaves his wife, Loren Ridinger, and his followers heartbroken, taking his departure from the world.

As a well-known and respected founder, chairman, and CEO of Market America| SHOP.COM, JR Ridinger passed away. He started his business in 1992 and led the market in the following years. 

Till now, it has rewarded thousands of independent UnFranchise Owners throughout the world. No wonder it's notable for being a groundbreaking business model, given its capacity in the market. 

With the circulating information around the web, the public has drawn their attention to his wife. People knew them as one of the most powerful couples in the business world.

JR Ridinger Wife Loren Ridinger And Family Life

Sad news popped on the internet recently, announcing that businessman Jr Ridinger left his wife Loren Ridinger as he passed away. 

An official profile @shopallinmycart, a shopping annuity/internet franchise, confirmed the information, mentioning

"We are deeply saddened to share with all of you that our revered leader JR Ridinger passed away suddenly today, August 30, 2022. JR founded Market America, a company that changed millions of lives. Rest in Peace, our leader and friend."

His wife, Loren, seems to be maintaining her privacy in these difficult times. They were a long-term married couple also known as one of the most powerful pairs in business. 

Further, the message added, "Market America Worldwife| SHOP.COM has lost its great visionary, and the world has lost a passionate human being who believed in other people even more than they believed in themselves." 

"Those of us who have been fortunate enough to know and the world with JR have lost a friend, partner, and mentor."

"We ask that you respect the privacy of his family and the Corporate Team during this difficult time."

Jr Ridinger passed away
Jr Ridinger passed away ( Source : twitter )

JR Ridinger $250 Million Net Worth & Family Fortune At Death 

Jr Ridinger leaves behind an estimated net worth of around $250 million at his death. He is the CEO of the company Market America founded in 1992. 

In 2016, the company had over $791 million in revenue with around 800 employees. The family fortune also includes real estate and property in different areas.

Jr and his wife Loren owned an NYC condo, which they put on the market for $20 million in 2020 but again lowered their price to $19.5 million. 

What's more, they sold their Greenwich, Connecticut mansion for $6.85 million in 2019 after investing $6 million in 2016. The pair owned property in different places, of which their waterfront mansion is known for its worth of around $20 million. 

Besides his family wealth, his company serves over three million customers and was even listed on The 2013 DSN's Global 100 List, ranking 27th.

It is mainly known for the products like health, home & garden, auto care, pet care, cosmetics, personal care, water filter systems, and jewelry. 

JR Rodinger with his wife Loren Rodinger
JR Rodinger with his wife Loren Rodinger ( Source : twitter )

Does JR Ridinger Have Children?

JR Ridinger shares two children named Amber and Amanda with his wife, Loren Ridinger. He also has his grandchildren, Ayden, Aydrienm, and Ayva. 

His two daughters, his wife, and the whole family must be mourning the death of their beloved member at the moment. 

Amber and Amanda are both a well-known public figure who are very close to their dad, sharing an unbreakable bond. He was the world, guiding light and shining star to their life. 

Hopefully, the family will stay strong in this difficult hour. We would like to send our condolences and comfort to Mr. JR Ridinger and his beloved ones.