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Mark R. Hughes (January 1, 1956 – May 21, 2000) was an American entrepreneur who was the founder, chairman, and CEO of Herbalife International Ltd, a multi-level marketing company.
Aug 17, 2022 · In 1997, Griffin sold to Herbalife guru Mark Hughes for $8.5 million, setting a Southern California record at the time. Hughes planned to build his own dream house there, but his whole dream...
- Early Life
- Herbalife
- Real Estate Portfolio
- The Mountain of Beverly Hills
- 10-Acre Malibu Estate
- The Beauty Queens
- Legal Battles
- The Result
Mark Reynolds Hughes was born on January 1st, 1956, in La Mirada, California. Not much is known about Mark's early life other than his family grew up in humble circumstances and that his mother, Jo Ann Hughes, died when he was 18. Her death was the result of an accidental overdose of prescription diet pills and alcohol, which (spoiler alert) would ...
Using his mother's legacy as a genesis, Mark founded Herbalife in 1980 when he was just 24 years old. The company's stated goal was to market healthy weight loss products and generally change the nutritional habits of the world. Mark sold his very first product, a protein shake, from the trunk of his car. He soon developed a direct marketing plan t...
Mark's Herbalife stock wasn't his only source of wealth. Over the years, Mark developed a passion for investing in real estate. By 2000, his real estate portfolio alone was worth north of $100 million. He owned a $25 million beachfront mansion in Malibu. He also owned a $30 million22,000-square-foot castle in Beverly Hills called Grayhall that sat ...
In 1997, Mark acquired a 157-acre plot of land in Beverly Hills from Merv Griffinfor $8.5 million. Let me repeat that. He bought 157 acres of property in BEVERLY HILLS. For some perspective, Disneyland is 85 acres. If you added the neighboring Disney-owned roller coaster park California Adventure, which is 72 acres, you'd be at exactly 157 acres. S...
The second crown jewel in Mark's real estate portfolio was a 10-are oceanfront estate in Malibu that he bought in the late 1990s for $25 million. He bought this property to please his fourth and final wife, a former Hawaiian Tropic model named Darcy LaPier, who did not like living at the Beverly Hills estate because it reminded her of Mark's ex-wif...
Mark Hughes had somewhat of a penchant for beauty queens. During his life, he married fourdifferent beauty queens, including a former Hawaiian Tropic model and a former Miss Petite USA. Mark had one child with wife #3, Suzan Schroder (the former Miss Petite USA). Mark's son Alex Hughes was born in 1992. Alex and he will become very important to thi...
Darcy was reportedly given an estimated $50 million worth of real estate and money from the estate, despite the fact that she had been married to Mark for less than a year. As part of his divorce agreement from a year earlier, Mark's estate would also continue to pay ex-wife Suzan $10,000 a monthin child support. He had already covered the purchase...
In 2012, 20-year-old Alex Hughes finally had his day in court. The goal of the case was to get the trustees removed for mismanaging the estate. This would allow Alex to manage the money himself and potentially inherit a much larger portion much sooner than the age of 35. After all opinions and arguments were heard, on March 18, 2013, the judge fina...
May 22, 2000 · Mark Reynolds Hughes, the wealthy 44-year-old founder of Herbalife International Inc., was found dead in his Malibu beachfront mansion Sunday morning, apparently of natural causes, a sheriff’s...
Jan 7, 2001 · Any writing teacher worth her or his salt might advise a lighter touch with the story of Mark R. Hughes, the founder of Herbalife, the hugely successful nutritional supplement corporation.
Aug 12, 2000 · Mr. Hughes, 44, who promoted natural healing methods using Herbalife's health care and weight-loss products, was being treated by a psychiatrist for his drinking problem and smoked six to eight...
May 23, 2000 · In 1985, he paid $7 million for a house owned by the country singer and actor Kenny Rogers. His infomercials, featuring revival-style testimonials from people who had used Herbalife products,...
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