Alticor

OVERALL
Owned	USA
Rating

Holding company

Owned by the families of Amway founders, Rich DeVos and Jay Van Andel. Alticor is the parent company of three distinct businesses: 1. Amway - since 1959, one of the world's largest direct selling brands. 2. Access Business Group LLC - a business services company specializing in the manufacturing and distribution of products for both Alticor and non-Alticor companies. 3. Alticor Corporate Enterprises - a holding company for the corporation's non-direct selling companies.

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Company Assessment

PRAISE	CRITICISM	INFORMATION
Alticor Inc
	Political donations This company is on OpenSecrets.org's list of "Top Donors", a list of the 100 biggest givers in US federal-level politics since 1990. Companies on this list lobby and spend big, with large sums sent to candidates, parties and leadership PACs. This company comes in at number 96 on the list, with contributions totalling $30,188,974 between 1990 and 2020. Source: Open Secrets (2020)	OpenSecrets.org profile OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more. Source: Open Secrets (2020)

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Company Details

Type	Private company
Revenue	9.2 billion USD (2010)
Employees	13,000 (2010)
Subsidiaries	Amway Corporation  Direct selling Founded in USA in 1959 by Rich DeVos and Jay Van Andel. One of the world's largest direct-sales businesses.   - Amway of Australia  Direct selling Most of their products are manufactured and packaged by their parent company in USA. Metagenics Inc (51% owned)  Health supplements Founded in 1985. Acquired Australian based Health World Ltd in 2005. Amway parent company Alticor bought a controlling stake in 2009.   - Metagenics (Aust) Pty Ltd  Health supplements Founded in 1985 by Leon and Michael Brosnan. Acquired by Metagenics in 2005.

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