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Myron W Wentz

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Name
  
Myron Wentz


Myron W. Wentz dgrassetscomauthors1297183080p52948862jpg


Books
  
The Healthy Home: Simple Truths to Protect Your Family from Hidden Household Dangers


Organizations founded
  

Usana s quality guarantee usana health sciences manufacturing process


Myron W. Wentz is the founder, chairman and former CEO of USANA Health Sciences, a Utah-based multi-level marketing company that produces various nutritional products and supplements.

Contents

Myron W. Wentz Myron Wentz Pictures Dr Oz39s Health amp Happiness Summit

Education

Myron W. Wentz Dr Wentz

Wentz holds a BSc degree in biology from North Central College in Naperville, Illinois, an MSc degree in microbiology from the University of North Dakota, and a PhD degree in microbiology and immunology from the University of Utah.

Professional history

In 1974, Wentz launched Gull Laboratories as a one-man operation and developed a test for diagnosing Epstein-Barr virus infection. The company was later sold to Fresenius, a German medical products company, in 1994, although Dr. Wentz continued as Chairman until 1998. Wentz sold his controlling interests in Gull Laboratories in 1992 and founded USANA Health Sciences in the same year.

Myron W. Wentz Dr Myron WentzHumanitarian Visionary and Scientist

Wentz also founded the Sanoviv Medical Institute in 1998, an alternative and holistic medicine center located near Rosarito, Mexico. Wentz served as President of Sanoviv from 1999-2010. The current president is Seth Miller, USANA’s former Director of International Business Development.

Myron W. Wentz Dr Myron WentzHumanitarian Visionary and Scientist

Wentz and his family are the sole owners of Gull Holdings, Ltd., an Isle of Man company, which in turn, is controlled by an entity registered in Liechtenstein, both well known tax haven countries. Through Gull Holdings, Wentz owns 51% of USANA.

Shareholder lawsuit

Myron W. Wentz Bajo el microscopio del Dr Myron Wentz YouTube

On April 4, 2007, Wentz was named as a defendant in a class-action lawsuit brought against USANA by company shareholders. The suit alleged that USANA presented materially false and misleading information about the company’s financial situation and business practices. Included in the allegations were that USANA's business model was unsustainable and amounted to a pyramid scheme. The suit cited several allegations from a report released by Barry Minkow and the Fraud Discovery Institute.

Citizenship

Wentz has been criticized for having renounced his American citizenship in the mid-nineties, and for now claiming citizenship in Saint Kitts and Nevis, reportedly due to tax purposes as the country is known for being a tax haven. Former USANA CFO, Gilbert Fuller, responded to this criticism by stating that Wentz's decision to renounce his US citizenship had nothing to do with the company. Wentz and his companion, Prudence Conley, now live in Rosarito, Mexico.

Awards

In 2007, Dr. Wentz was awarded the Albert Einstein Award for Outstanding Achievement in the Life Sciences by Global Capital Associates, an obscure American investment firm. This award should not be confused with many others named after the famous physicist, mainly the more prestigious and well-known Albert Einstein World Award of Science given by the World Cultural Council and Albert Einstein Award in theoretical physics.

Wentz donated $10 million to his alma mater, North Central College, which helped to fund construction of the Wentz Concert Hall, a $30 million performing arts facility named after Wentz. In June 2011, the College awarded Wentz an honorary doctor of science degree for lifetime achievement in the sciences.

References

Myron W. Wentz Wikipedia