At the age of 63, a well-known businessman and socialite JR Ridinger died of a pulmonary embolism. While burial arrangements for Ridinger have not been made public, Ridinger’s widow Loren paid tribute to her late husband on Facebook.
“While I am speechless and in astonishment, please realize that I am shattered. My heart was amputated. To refute rumors that he fell… JR died unexpectedly of a pulmonary embolism when we were on our first family vacation in three years. He disappeared in an instant. Just a moment. I beseech you to pray for him and to focus on him.”
Ridinger and Loren maintained cordial relationships with other celebrities, including Jennifer Lopez, Kim Kardashian, and Scotty Pippen.
JR Ridinger’s net worth
JR Ridinger was a prominent businessman who created a multibillion-dollar empire in his 900-square-foot Greensboro house. It eventually expanded into an international firm with over 800 employees in Greensboro and over $9 billion in yearly retail sales.
According to CelebrityNetWorth, Ridinger has a net worth of $300 million. Ridinger was a prosperous businessman who amassed a vast fortune in a relatively short period of time.
In 2020, JR and Loren intend to sell their New York City condominium for $20 million. Despite the price reduction to $19.5 million, no one has shown interest in purchasing it.
In 2016, the pair spent $6 million on another home in Greenwich, Connecticut. They sold the property for $6.85 million in April 2019. The pair resided in a Greenwich mansion that they purchased in 2018 for $17.5 million.
The estate, situated on approximately 5.34 acres of land, is available for $25 million. They also owned a $20 million oceanfront residence in Miami.
Any detail regarding JR Ridinger and Market America
JR Ridinger, who was born on March 17, 1956, and his wife Loren co-founded Market America. The duo owns the price comparison shopping website Shop.com.
Market America, founded in 1992, distributes cleaning products, jewelry, personal care items, vehicle care products, cosmetics, and water purifiers, among other items. The company operates in over ten countries and generates over $1 billion annually.
In 2010, Market America acquired Shop.com, a comparison shopping engine, from Bill Gates. It features more than 2,000 businesses and helps customers save money by locating the best discounts and coupons.
There are other shipping and service options available. Loren is the Senior Executive Vice President and inventor of the solution-oriented product lines Motives Cosmetics, Cellular Labs Skincare, and Fixx Solutions.
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