Top Herbalife Distributor Dead in Apparent Suicide

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Top Herbalife Distributor Dead In Apparent
Suicide
John Peterson, a top
Herbalife distributor, has
died in an apparent suicide,
the New York Post's
Michelle Celarier reports.
(http://www.nypost.com
/p/news/business
/death_of_dream_HjMELCEfcyEJiGXxP9PN4N) He was 58.
From the Post: (http://www.nypost.com/p/news/business
/death_of_dream_HjMELCEfcyEJiGXxP9PN4N)
Peterson was found inside a 2008 Ford pickup parked at his residence in
Steamboat Springs, Colo., where he succumbed to a single gunshot wound,
said Ray Birch, undersheriff for Routt County. Birch said the initial
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/JULIA-LA-ROCHE) AUG. 19, 2013, 1:25 PM 14,109
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Herbalife Distributor John Peterson Dead - Business Insider http://www.businessinsider.com/herbalife-distributor-john-p...
1 of 5 13-08-20 11:06 PM
investigation indicated the gunshot was self-inflicted.
According to the report, Peterson, who was a member of
the "Founder's Circle," was one of Herbalife's top
distributors earning an estimated $3 million last year.
In a promotional video for Herbalife, Peterson is seen
talking about the lavish lifestyle he was able to live
because of the "good fortune" he had with Herbalife.
He said he had four homes one in Steamboat Springs,
Colo., a ranch in Wyoming, a beach home in Mexico and a
place in Brazil. He said he also used a helicopter and a
plane to get around.
His interests included snow skiing, water skiing, hunting,
fishing, horseback riding, golf and tennis, according to the
video.
Herbalife is a multi-level marketing firm that sells
nutritional products such as weight loss shakes and
supplements. The company has been the focal point of a
battle between billionaire hedge fund titans.
Bill Ackman, who runs Pershing Square Capital, said last
December that he's short $1 billion worth of the stock. He
believes Herbalife is a "pyramid scheme"
(http://www.businessinsider.com/bill-ackmans-herbalife-
presentation-2012-12) that targets lower income
individuals, especially from the Hispanic population.
Ackman's long-time rival Carl Icahn disagrees. Shortly
after Ackman revealed his short, Icahn amassed a 16%
stake in the company. He believes Ackman will be the
victim of the "mother of all short squeezes."
(http://www.businessinsider.com/bill-ackman-on-cnbc-
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2 of 5 13-08-20 11:06 PM
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Watch Peterson's promotional video below:
John Peterson - Membro do Crculo do Fundador H...
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Comments (http://www.businessinsider.com/herbalife-distributor-
john-peterson-dead-2013-8/comments.rss)
m
3 26
36 ]1 M
on Aug 19, 1:28 PM
(http://www.businessinsider.com/c/521255a6eab8ea9221000006) said:
ls it just me or are more people killing themselves lately , and i don't mean
just these national news stories we're hearing about , i'm talking local stuff ...
Reply
depression
(/commenter?id=50bce0acecad04031500000d)
12 ]0 M
on Aug 19, 3:13 PM
(http://www.businessinsider.com/c/52126e43eab8eaf55000002f) said:
fredlled
(/commenter?id=506e031e6bb3f7f44700001e)
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4 of 5 13-08-20 11:06 PM
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I understand feeling like you're backed into a place with no choices but
suicide? Hell, chuck it all and head for Iceland oe Austraila or something.
It's not like you can't kill yourself later b
Reply
5 ]1 M
on Aug 19, 4:19 PM
(http://www.businessinsider.com/c/52127dcc6bb3f7f63e000018) said:
Sounds like this guy managed to spend beyond his means. $3 million/year
isn't that much for someone managing four very expensive homes, traveling
via private aviation, etc. Some people simply cannot handle success.
Reply
johnathanb
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5 of 5 13-08-20 11:06 PM

Top Herbalife Distributor Dead in Apparent Suicide

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