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Myron Wentz

Myron Wentz

M. Wentz
0.74% | + $8.67M
$1.19 B ₹ 10,803 Cr
Real Time Net Worth #2918 Ranking as of 21 Feb 2026 By Forbes

More on Myron Wentz

Gender

Male

Age

86Y

Country

United States

Born On

January, 1940

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Supplements)

Primary Organization

USANA Health Sciences

Titles

Founder & Chairman Emeritus

Sources of Wealth

USANA Health Sciences

Industry

Supplements, Healthcare, Direct Selling

About Myron Wentz


M yron Wentz is an American immunologist and entrepreneur who founded USANA Health Sciences, a multi-level marketing company that produces and sells nutritional supplements and personal care products. He holds a Ph.D. in microbiology and immunology and began his career by founding Gull Laboratories in 1974, which developed diagnostic tests for viral diseases, including the first commercially available test for the Epstein-Barr virus.

After selling Gull Laboratories, he founded USANA in 1992 with a focus on producing high-quality nutritional supplements. The company operates on a multi-level marketing (MLM) or network marketing model, where its products are sold by a network of independent distributors who also earn commissions by recruiting new distributors. The company went public in 1996 and has grown into a major international player in the direct selling industry, with operations in dozens of countries. Wentz's fortune is derived from his large stake in the company he founded. He holds dual citizenship with St. Kitts & Nevis, where he has pursued philanthropic interests.

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Quick Reads


  • Founder of the multi-level marketing company USANA Health Sciences.
  • USANA produces and sells nutritional supplements and personal care products.
  • He holds a Ph.D. in microbiology and immunology.
  • Previously founded and sold the medical diagnostics company Gull Laboratories.
  • He is a dual citizen of the U.S. and St. Kitts & Nevis.

Early Life and Background


Dr. Myron W. Wentz, Ph.D., is an American microbiologist and businessman, the self-made billionaire Founder and former Chairman of USANA Health Sciences (NYSE: USNA), a major manufacturer of nutritional supplements and personal care products. His career is rooted in microbiology, science, and serial entrepreneurship.

Wentz holds a B.A. in Biology from North Central College, an M.S. in Microbiology from the University of North Dakota, and a Ph.D. in Microbiology from the University of Utah (1972). His philosophical approach centers on scientific integrity, direct sales, and nutritional science (believing in the power of supplements to promote long-term health).

  • USANA Health Sciences (Founder & Former Chairman): The core publicly traded asset, a major manufacturer of nutritional supplements and personal care products (using a multi-level marketing (MLM) sales model).
  • Science Pioneer: His success is built on technological specialization and R&D in nutritional and cellular health science.
  • Gull Laboratories (Founder): His first successful venture, a diagnostic testing company (sold to Quest Diagnostics in 1994).
  • Controversy: The company's MLM sales model and product efficacy claims have faced controversy and legal scrutiny.

Career Journey of Myron Wentz


Dr. Myron Wentz's strategic genius was his commitment to scientific product development. He founded Gull Laboratories in 1974, successfully developing diagnostic tests for infectious diseases (a major monetization event came with its sale). 1992: USANA. He founded USANA Health Sciences, pivoting his focus to nutritional supplements and employing a multi-level marketing (MLM) sales model to drive growth.

His structural contribution is tied to the successful industrialization of nutritional supplement manufacturing and his commitment to science-based product development. He stepped down as Chairman (remaining a major shareholder). His wealth is secured by the colossal, long-term, stable profitability of the global nutritional supplement and MLM sectors.

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Myron Wentz's Timeline


1972:

Earns a Ph.D. in Microbiology from the University of Utah (Academic Achievement).

1974:

Founds Gull Laboratories (Founding 1).

1992:

Founds USANA Health Sciences (Founding 2).

1994:

Gull Laboratories is sold to Quest Diagnostics (Major Exit).

1996:

USANA executes its successful IPO on the NASDAQ (Financial Milestone).

Ongoing:

Continues as Founder and major shareholder, guiding his private interests (Executive Oversight).

Major Business Ventures and Investments


Myron Wentz's wealth is concentrated in his founding equity and retained stake in the publicly traded consumer goods giant, USANA Health Sciences (NYSE: USNA), and his gains from Gull Laboratories.

  • USANA Health Sciences (Founder & Former Chairman): The core publicly traded asset, a major manufacturer of nutritional supplements and personal care products (using a multi-level marketing (MLM) sales model).
  • Gull Laboratories (Founder): His first successful venture, a diagnostic testing company (sold to Quest Diagnostics in 1994).
  • Academic Background: He holds a Ph.D. in Microbiology from the University of Utah.
  • Controversy: The company's MLM sales model and product efficacy claims have faced controversy and legal scrutiny.

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Philanthropy and Social Impact


Dr. Myron Wentz's social impact is structural, stemming from USANA's role in providing nutritional supplements to millions globally. His Gull Laboratories provided essential diagnostic tests for infectious diseases. His Wentz Medical Center in Uganda provides a major structural contribution to healthcare and poverty alleviation in Africa. His personal philanthropy supports various medical research and educational initiatives.

His structural contribution is tied to the successful industrialization and scale of the nutritional supplement manufacturing sector.

Fashion, Style, and Lifestyle


Dr. Myron Wentz maintains the professional, composed style of a science-executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the specialized biotechnology sector.

Residing in Salt Lake City, Utah, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to nutritional science, technological innovation, and philanthropy.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Founder and Former Chairman of USANA Health Sciences (nutritional supplements).
  • He holds a Ph.D. in Microbiology.
  • His first company, Gull Laboratories, specialized in diagnostic testing and was sold in 1994.
  • USANA operates a multi-level marketing (MLM) sales model.
  • His fortune is tied to the successful monetization of nutritional supplements.
  • He founded the Wentz Medical Center in Uganda.
  • His philosophy emphasizes scientific integrity and cellular health.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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