doTERRA is a privately held multi-level marketing company founded in 2008 by a group of executives, and it remains under their ownership without external majority investors.

Founding Team

The original founders include David Stirling (former CEO and Chairman), Emily Wright , David Hill , Corey Lindley (current or recent CEO), Gregory P. Cook , Robert J. Young , and Mark A. Wolfert. These health-care and business professionals bootstrapped the company, rejecting outside funding that demanded control to preserve their vision of sharing "therapeutic-grade" essential oils globally.

Ownership Structure

  • doTERRA operates as doTERRA International LLC , based in Pleasant Grove, Utah.
  • It's privately owned by the founding team and insiders—no public stock or venture capital dominance, as founders turned down 51% equity deals early on.
  • Recent leadership mentions Kirk Jowers (CEO) and Murray Smith (President) in some global contexts, suggesting evolution but core private control.

Company Evolution

From a startup with 25 oils, doTERRA grew to over $1.5 billion in annual sales under Stirling's lead, expanding to 60%+ global business in Asia, Europe, and beyond. Founders liquidated personal assets like homes and 401(k)s for self- funding, emphasizing long-term decisions over short-term gains.

TL;DR : Privately owned by its 2008 founders (Stirling, Wright, Lindley et al.), doTERRA stays independent as an MLM essential oils giant.

Information gathered from public forums or data available on the internet and portrayed here.