Who owns Young Living? This question is often asked by those interested in the essential oil industry, as Young Living has become a household name in the realm of wellness and alternative health. Understanding the ownership of such a significant company can provide insights into its operations, products, and the values it upholds.
The current owner of Young Living is a private company called D. Gary Young, Inc. The company was founded in 1993 by D. Gary Young, a pioneer in the essential oil industry, and his wife, Mary Young. The Youngs have been instrumental in the growth and success of Young Living, which has become one of the largest suppliers of essential oils and related products in the world.
D. Gary Young, the founder, is a visionary leader who has dedicated his life to the study and production of high-quality essential oils. His passion for natural health and wellness has led him to develop innovative techniques for the distillation and extraction of essential oils from various plants. The company’s headquarters, located in Salt Lake City, Utah, houses a state-of-the-art facility that employs these advanced methods to ensure the purity and quality of their products.
Under the ownership of D. Gary Young, Inc., Young Living has expanded its operations globally, with a presence in over 20 countries. The company has established partnerships with small-scale farmers and distillers around the world, promoting sustainable practices and supporting local communities. This commitment to ethical sourcing has earned Young Living a reputation for providing some of the purest and most potent essential oils on the market.
The company’s ownership structure also includes a unique compensation plan that rewards its independent distributors for their efforts. Young Living’s business model is based on a multi-level marketing approach, where distributors can earn commissions on sales and build their own teams of distributors. This model has attracted a diverse group of individuals who share the Youngs’ passion for health and wellness, and who are committed to promoting the company’s products.
In conclusion, D. Gary Young, Inc. is the owner of Young Living, a company that has revolutionized the essential oil industry through its commitment to quality, sustainability, and ethical practices. The ownership and leadership of D. Gary Young have been instrumental in shaping the company’s mission and vision, making it a leader in the wellness and alternative health sector.
