XanGo
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| Private | |
| Industry | Multi-level Marketing |
| Founded | 2002 |
| Headquarters | Lehi, Utah, USA |
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Key people
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Aaron Garrity, Gary Hollister, Joe Morton, Gordon Morton and Kent Wood |
| Website | www |
Xango, LLC, (sometimes stylized as XANGO and XanGo) is a privately owned international multilevel marketing company founded in 2002, which is based in Lehi, Utah. The company markets and distributes Xango Juice, a blended juice product consisting of mangosteen and other juices, and skin care, personal care, energy supplement and nutritional supplement products formulated with botanical ingredients.
Xango is a privately held company and as such does not publicly disclose its financial statements. Company press releases in 2005-2006 stated that sales totalled $40 million in 2003 and $150 million in 2004, and that 2005 sales were more than twice those of 2004. In October 2007 the company said that cumulative sales since its inception five years earlier were over $1 billion and by November 2008 had exceeded $1.5 billion.
In December 2012, Direct Selling News reported that Xango concluded its first ten years of operation in November 2012 with sales operations in 43 countries, 27 office locations, 49 distribution centers, more than two million distributors, and about $2 billion in cumulative revenues. Xango's revenues and annual reports have fueled much public and legal speculation that it is a pyramid scheme.
In November 2006, Xango, LLC, became the official corporate jersey-front sponsor of Real Salt Lake, a MLS soccer team based in Salt Lake City, Utah, for four years, at a cost of between $500,000 and $1 million per year. Xango's contract with Real Salt Lake ended after the 2013 season. In 2006, the company made a 5-year, $1 million grant to an Orem, Utah arts council for naming rights to what is now called the "Xango Grand Theater". Xango, LLC, has been the top contributor to the political campaign of Utah Senator Orrin Hatch, contributing $47,200 in 2008 and $46,700 in 2006, according to the Center for Responsive Politics.
Xango (pronounced "ZAN-go") is the common name of the company, XanGo LLC, as well as its first and flagship juice product (also often called Xango Juice). It also has other products in the personal care and wellness industry.
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Wikipedia