Myron W. Wentz
American-born Kittitian businessman
Myron W. Wentz (born 1940) is an American-born Kittitian billionaire businessman and microbiologist who is the founder, chairman emeritus, and former CEO of USANA Health Sciences, a Utah-based multilevel marketing company that sells nutritional products and dietary supplements.2
From Wikipedia’s article on Myron W. Wentz (this version), CC BY-SA 4.0.
Born 1940.1
Companies
- USANA Health SciencesFounder8
- USANA Health SciencesBoard member Feb 14, 2007 to May 7, 20209
- USANA Health SciencesChief executive officer Feb 14, 2007 to Sep 12, 20079
Holdings
Stock this person has reported owning, from the forms officers and directors file with the SEC. See the biggest insider stakes.
Shares held
- USANA Health Sciences USNA7,408,345 shares10$110.1M at $14.87Sep 3, 2025
As of each latest filing. The line shows shares held over time.
Recent filings
- Sep 3, 2025Gift 145,000 shares of USANA Health Sciences10
- May 2, 2025Gift 188,000 shares of USANA Health Sciences11
- Nov 13, 2024Gift 123,000 shares of USANA Health Sciences12
- Jun 14, 2024Sold 13,496 shares at $45.03 of USANA Health Sciences13
- Jun 12, 2024Sold 2,202 shares at $47.79 of USANA Health Sciences13
- Jun 7, 2024Sold 3,700 shares at $48.61 of USANA Health Sciences14
Early life and education
- Date not recordedNorth Central College3
- Date not recordedUniversity of Utah3
- Date not recordedUniversity of North Dakota3
Went was born in North Dakota in 1940 and obtained a BSc degree in biology from North Central College in Naperville, Illinois, an MSc degree in microbiology from the University of North Dakota, and a PhD degree in microbiology and immunology from the University of Utah.
From Wikipedia’s article on Myron W. Wentz (this version), CC BY-SA 4.0.
Career
Occupation: microbiologist.5
- Date not recordedFounded USANA Health Sciences4
In 1974, Wentz launched Gull Laboratories as a one-man operation and developed a test for diagnosing Epstein-Barr virus infection. The company was later sold to Fresenius, a German medical products company, in 1994, although Wentz continued as Chairman until 1998. Wentz sold his controlling interests in Gull Laboratories in 1992 and founded USANA Health Sciences in the same year.
Wentz also founded the Sanoviv Medical Institute in 1998, an alternative and holistic medicine center located near Rosarito, Mexico. Wentz served as President of Sanoviv from 1999-2010. The current president is Seth Miller, USANA’s former Director of International Business Development.
Wentz and his family are the sole owners of Gull Holdings, Ltd., an Isle of Man company, which in turn, is controlled by an entity registered in Liechtenstein, both well known tax haven countries. Through Gull Holdings, Wentz owns 51% of USANA.
From Wikipedia’s article on Myron W. Wentz (this version), CC BY-SA 4.0.
Personal life
Philanthropy
Wentz donated $10 million to his alma mater, North Central College, which helped to fund construction of the Wentz Concert Hall, a $30 million performing arts facility named after Wentz. In June 2011, the College awarded Wentz an honorary doctor of science degree for lifetime achievement in the sciences. Wentz was the benefactor of the Dr. Myron Wentz Science Center at North Central College, which was due to be formally dedicated in October 2017.
From Wikipedia’s article on Myron W. Wentz (this version), CC BY-SA 4.0.
Legal issues and controversies
On April 4, 2007, Wentz was named as a defendant in a class-action lawsuit brought against USANA by company shareholders. The suit alleged that USANA presented materially false and misleading information about the company’s financial situation and business practices. Included in the allegations were that USANA's business model was unsustainable and amounted to a pyramid scheme. The suit cited several allegations from a report released by Barry Minkow and the Fraud Discovery Institute.
From Wikipedia’s article on Myron W. Wentz (this version), CC BY-SA 4.0.
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataMyron W. Wentz on Wikidata
- 2WikipediaMyron W. Wentz on Wikipedia
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- 8WikidataUSANA Health Sciences, Founder
- 9SEC EDGARUSANA Health Sciences, Board member
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- 11SEC EDGARForm 4 filed May 6, 2025
- 12SEC EDGARForm 4 filed Nov 18, 2024
- 13SEC EDGARForm 4 filed Jun 14, 2024
- 14SEC EDGARForm 4 filed Jun 11, 2024