In 2022, Amway reported an impressive revenue of $8,100 million, with up to 29% potentially being paid out in commissions.
However, despite these figures, the company continues to be criticized for its opacity concerning sales methods in Asia such as India. The sales aside, many skeptics question the lack of clear information coming from Amway’s HQ in the USA.
Amway, a prominent network marketing company, has recently undergone several significant changes, occurrences, and challenges. Notably, Peter Strydom has been appointed as the new Chief Marketing Officer following the unfortunate passing of Amway’s top leader, Tim Foley. However, the company has faced some difficulties, with annual revenues in 2022 dropping by 9% to $8.1 billion.
Controversially, Amway India is currently under investigation for alleged money laundering and operating a pyramid scheme. In spite of these issues, many still question whether it’s possible to achieve a substantial income through the company, with some asking, “Can You Make $100,000 Per Year In Amway?”.
Amway in Facts and Figures
In 2022, Amway generated revenue amounting to $8,100 million, a 9% drop from the previous year. The company had the potential to pay out $2,349 million in commissions, which altogether made up 29% of its compensation plan.
The company has overall