Rex Maughan, born in Utah in 1936, is a successful entrepreneur and business leader. He is best known for founding and leading Forever Living Products, a cosmetics marketing company, and its affiliated resort chain. In 2002, Maughan's net worth of six-hundred-million dollars earned him a spot on Forbes' list of the 400 Richest Americans.
Rex Maughan is a member of Entrepreneur
Age, Biography and Wiki
💰 Net worth: $100K - $1M
About
Most well known for founding and heading a cosmetics marketing company called Forever Living Products, Maughan later established an affiliated resort chain. In 2002, with a net worth of six-hundred-million dollars, he made Forbes' list of the 400 richest Americans.
Before Fame
After transferring from Brigham Young University, he earned a bachelor's degree in accounting from Arizona State University. Before founding Forever Living Products, he worked for over a decade for the Del E. Webb Construction Company.
Trivia
A philanthropist as well as a businessman, Maughan helped preserve the Samoa homestead of Treasure Island and Strange Case of Dr. Jekyll and Mr. Hyde Writer Robert Louis Stevenson.
Family Life
He spent his early years in Logan, Utah and Soda Springs, Idaho. He and his wife, Ruth, raised their three children in the Mormon faith.
Associated With
He donated to the 2008 and 2012 presidential campaigns of Republican candidate Mitt Romney.