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Herbalife has had revenues of almost $4.9B in 2019 and $311M of net profit. They aren't really a small player that I would call "mere". They'd be a Fortune 600
by rndgermandude 6y ago
Herbalife has had revenues of almost $4.9B in 2019 and $311M of net profit. They aren't really a small player that I would call "mere".
They'd be a Fortune 600 company - around #550 - if they weren't officially incorporated on the Cayman Islands and therefore technically not a US company.
- markdown 6y agoSo there are 550 better resourced companies in the US alone, with the leading ones making $270B to Herbalife’s 5?
- rndgermandude 6y agoSure, and there is also roughly 10.75 million companies in the US alone with worse "resources" by that metric, although we're talking revenue here not resources. Having a cool $300M of essential "fuck it" money (net profits) per year, to mess with your enemies if you want, is substantial too.