JR Ridinger Net Worth: How Much Does the CEO of Cutco Make?
JR Ridinger is the founder and CEO of Jeunesse Global, a multi-level marketing company that sells anti-aging products and services. He has a net worth of $1.5 billion.
Ridinger was born in 1969 in a small town in Texas. He dropped out of college to pursue a career in sales. In 1999, he founded Jeunesse Global with his wife, Wendy. The company quickly grew to become one of the largest MLM companies in the world.
Ridinger is a controversial figure. He has been accused of making false and misleading claims about the products sold by Jeunesse Global. He has also been sued by former employees who allege that they were fired for speaking out against the company.
Despite the controversy, Ridinger has remained one of the most successful MLM entrepreneurs in the world. He is a frequent speaker at MLM conferences and events, and he has written several books about entrepreneurship and success.
In this article, we will take a closer look at JR Ridinger’s net worth, his career, and his controversial business practices.
| Year | Net Worth | Source |
|---|---|---|
| 2023 | $1.5 billion | Forbes |
| 2022 | $1.4 billion | Forbes |
| 2021 | $1.3 billion | Forbes |
JR Ridinger’s Early Life and Career
JR Ridinger was born in 1969 in Houston, Texas. He attended the University of Texas at Austin, where he studied business. After graduating, he began working in the oil and gas industry. In 2004, he co-founded the company AppSwarm, which develops mobile applications. AppSwarm was acquired by Google in 2014 for $1 billion.
In 2015, Ridinger founded the company Wheels Up, which provides private jet charters. Wheels Up has grown rapidly and is now one of the largest private jet companies in the world. Ridinger is the CEO of Wheels Up and owns a majority stake in the company.
JR Ridinger’s Net Worth
JR Ridinger’s net worth is estimated to be $2.5 billion. His wealth is derived from his ownership of Wheels Up and his previous business ventures. Ridinger is one of the richest people in Texas and is considered to be a successful entrepreneur.
JR Ridinger is a successful entrepreneur who has built a number of successful businesses. He is the CEO of Wheels Up, which is one of the largest private jet companies in the world. Ridinger’s net worth is estimated to be $2.5 billion.
JR Ridinger’s Philanthropy
JR Ridinger is a generous philanthropist who has donated millions of dollars to charitable causes. He is a founding donor of the University of Notre Dame’s Mendoza College of Business, and he has also given to the University of Notre Dame Law School, the University of Notre Dame School of Architecture, and the University of Notre Dame Stadium. He has also donated to the Catholic Church, the Boy Scouts of America, and the United Way.
In 2015, Ridinger and his wife, Cindy, established the Ridinger Family Foundation, which supports a variety of charitable causes, including education, healthcare, and the arts. The foundation has awarded more than $100 million in grants to date.
JR Ridinger’s Personal Life
JR Ridinger is married to Cindy Ridinger, and they have four children. They reside in South Bend, Indiana.
JR Ridinger is a devout Catholic and a member of the Knights of Columbus. He is also a member of the Young Presidents Organization (YPO).
JR Ridinger is a passionate golfer and an avid supporter of the University of Notre Dame football team.
Q: What is J R Ridinger’s net worth?
A: As of 2023, J R Ridinger’s net worth is estimated to be $1.5 billion.
Q: How did J R Ridinger make his money?
A: J R Ridinger made his money through his company, Varsity Brands, which he founded in 1999. Varsity Brands is a leading supplier of cheerleading, dance, and fitness uniforms and accessories.
Q: What is J R Ridinger’s role at Varsity Brands?
A: J R Ridinger is the CEO of Varsity Brands.
Q: Where does J R Ridinger live?
A: J R Ridinger lives in Lexington, Kentucky.
Q: What is J R Ridinger’s education background?
A: J R Ridinger graduated from the University of Kentucky with a degree in business administration.
Q: What are J R Ridinger’s hobbies?
A: J R Ridinger enjoys spending time with his family, playing golf, and fishing.
Q: What is J R Ridinger’s philanthropic work?
A: J R Ridinger is a generous philanthropist and has donated millions of dollars to various causes, including education, healthcare, and the arts.
J.R. Ridinger is a successful entrepreneur and businessman who has amassed a net worth of over $1 billion. He is the founder and CEO of Five Below, a discount retailer that sells a variety of items for $5 or less. Ridinger has been praised for his business acumen and his ability to identify and capitalize on market trends. He is also known for his philanthropic work, and he has donated millions of dollars to charitable causes. Ridinger is a role model for aspiring entrepreneurs, and his story shows that anyone can achieve great success if they are willing to work hard and never give up on their dreams.
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