Popular businessman and socialite JR Ridinger passed away at age 63 from a pulmonary embolism. Even though Ridinger’s burial arrangements have not been made public, his widow Loren paid tribute to her late husband on Facebook by stating,
Please know that I am broken even though I can’t speak and am in shock. I have lost my heart. To refute rumors that he fell… We were on our first family vacation in three years when JR unexpectedly passed away from a pulmonary embolism. In a second, he was gone. Just a moment. I beg you to think about him and pray for him.
Celebrities like Scotty Pippen, Kim Kardashian, Jennifer Lopez, and others with whom Ridinger and Loren kept cordial relationships included Scotty Pippen.
The wealth of JR Ridinger
A well-known businessman named JR Ridinger created a multimillion-dollar company in a 900-square-foot house in Greensboro. In the years that followed, it expanded into an international firm with over 800 workers in Greensboro and yearly retail sales of over $9 billion.
CelebrityNetWorth pegged Ridinger’s net worth at $300 million. Ridinger was a wealthy businessman who made a significant amount of money quickly. In 2020, JR and Loren intend to recoup $20 million from the sale of their New York City condo. Even after dropping the asking price to $19.5 million, nobody has expressed interest in purchasing it.
The pair spent $6 million on a second home in Greenwich, Connecticut, in 2016. They sold the house for $6.85 million in April 2019. In 2018, the couple spent $17.5 million on a residence in Greenwich. The estate is for sale for $25 million and rests on around 5.34 acres of property. In addition, they had a $20 million Miami beachfront home.
Everything there is to know about Market America and JR Ridinger
JR Ridinger, along with his wife Loren, founded Market America on March 17, 1956. The duo is the owner of the price-comparison shopping website Shop.com.
Established in 1992, Market America sells a variety of goods, including water purifiers, jewelry, personal care products, household cleaners, and other items. The company operates in more than ten nations and earns roughly $1 billion in revenue each year.
In 2010, Market America bought Shop.com, a business that operates a comparison shopping engine, from Bill Gates. It includes more than 2,000 merchants and offers customers the best deals and coupons to help them save money. There are more shipping and service choices.
The Senior Executive Vice President and brainchild behind Fixx Solutions, Motives Cosmetics, and Cellular Laboratories Skincare are Loren.
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