Amway was founded in 1959 by Jay Van Andel and Richard DeVos. (Amway being an abbreviation of American Way). Based in Ada, Michigan, the company and family of companies under Alticor reported sales growth of 9.5%, reaching US$9.2 billion for the year ending December 31, 2010. Website: http://www.amway.com/EN
In 1999 the founders of the Amway corporation established a new holding…
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