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herbalife who wants to be a millionaire

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  3. herbalife who wants to be a millionaire

Asked: 2019-05-16 06:54:38

I like researching MLM companies. It’s a little bit of a fun hobby of mine. I know it’s a little weird, but I like reading about business stuff. ANway, I was reading on about Herbalife and found out this guy named Bill Ackman, I think that’s his name, put some kind of bet that Herbalife would collapse within a certain amount of time. However, I can’t seem to find anything more than that. Can anyone tell me what they mean by the “who wants to be a millionaire” part that keeps popping up with this guy’s name and Herbalife. It sounds intriguing but all my searches come up with other stuff.
4
14

Answered: 2019-05-18 00:03:03

Apparently, this guy Bill Ackman had a $1 billion bet that the Herbalife company would shut down. He didn’t believe it would survive and even did a presentation that lasted about 3 hours on it. He even called the presentation “Who Wants to Be a Millionaire?” I guess he decided a couple of years ago that they wouldn’t collapse, but not too long ago there was a decrease in stocks, so he might be right.

12

Answered: 2019-05-17 09:54:09

Bill Ackman did this weird presentation thing about how Herbalife wouldn’t last too much longer. He even called the presentation “Who Wants to Be a Millionaire?” Although, he could have been right, but off a couple of years since there was a decrease in their stock. It could be a sign that Herbalife is declining.

8

Answered: 2019-05-17 23:43:27

About 8 or so years ago, Bill Ackman made this bet that Herbalife wouldn’t last much longer. He even wasted a lot of his time making some kind of presentation on it that he named “Who Wants to Be a Millionaire?” He didn’t think Herbalife would last much longer given that most people don’t see a lot of the money in MLM companies like Herbalife.

4

Answered: 2019-05-18 05:02:20

In 2012, Bill Ackman made a presentation that lasted about 3 hours. Long time for a presentation about how this business called Herbalife wouldn’t last. He even called this presentation “Who Wants to be a millionaire?” which I guess talked about how Herbalife wouldn’t survive much longer since not everyone makes a lot of money like some when they become a Herbalife member.

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