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

@whytebarry
30th September, 2018
2
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...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The narrative of the Sinn Féin surge suggests that politics in Ireland is becoming more polarised like in the US and Britain, but the reality is far more complex

Colin Murphy | 1 week ago

Bank chief McDonagh says move would create better work environment for young parents and people with caring responsibilities

Killian Woods | 1 week ago

Despite a belated show of independence, the US attorney general has been a willing pawn in Trump’s interference in criminal investigations being carried out by the Department of Justice

Marion McKeone | 1 week ago