Monday February 24, 2020

Freeman backer Walsh has made more than $50 million from Herbalife in last decade

Des Walsh, who loaned Joan Freeman €120,000 for her presidential bid, recently stepped down as president of US-based company Herbalife, writes Barry J Whyte

Barry J Whyte

Chief Feature Writer

30th September, 2018
Des Walsh: the Irish businessman has made more than $50 million from Herbalife in the last decadeBloomberg#

Irish businessman Des Walsh, who has just stepped down from controversial ‘multi-level marketing’ company Herbalife, has made more than $50 million (€43 million) from the firm in the last decade in salary, bonuses and share sales.

Walsh who, it emerged last week, gave a loan of €120,000 to presidential candidate Joan Freeman at an interest rate of 9 per cent, recently stepped down as president of the company and currently holds the role of...

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