5 Biggest MLM Companies in the World

3. Herbalife Nutrition Ltd (NYSE:HLF)

2021 Revenue: $5.80 billion

Herbalife Nutrition Ltd (NYSE:HLF) is a Los Angeles, California-based company that deals in meal replacement dietary supplements, protein shakes, and skin care products. The company was founded in 1980 by Mark R. Hughes and presently operates in 90 countries, and has a headcount of over 10,000 employees.

Herbalife Nutrition Ltd (NYSE:HLF) educates and trains independent Herbalife Nutrition distributors so that they are prepared to deal with customers in person. The company claims that its products are free from banned substances, as outlined by the World Anti-Doping Agency (WADA). Herbalife has sponsored leading athletes and sports teams to increase awareness about its products.