SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                        Date of Report: February 4, 1999
                        (Date of earliest event reported)


                            NU SKIN ENTERPRISES, INC.
             (Exact name of Registrant as specified in its charter)


             Delaware                1-12421               87-0565309
         (State or other           (Commission          (I.R.S. Employer
         jurisdiction of           File Number)        Identification No.)
          incorporation)

                    75 West Center Street, Provo, Utah 84601
               (Address of principal executive offices) (Zip Code)


       Registrant's telephone number, including area code: (801) 345-6100
         (Former name or former address, if changed since last report.)



                    The Index to Exhibits appears on page 4.












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Item 5.  Other Events

      On February 4, 1999,  the  Registrant  announced its intent to acquire Big
Planet,  Inc., an Internet-based  technology  company that offers e-commerce and
other technology  services to consumers in the United States.  In addition,  the
Registrant announced plans to acquire the assets of Nu Skin USA, Inc. (including
approximately  600,000 shares of Nu Skin Enterprises stock) and the Registrant's
remaining affiliates in Canada,  Mexico and Guatemala.  Reference is made to the
press release  issued to the public by the  Registrant on February 4, 1999,  the
text of which is  attached  hereto as Exhibit  99.1 and  incorporated  herein by
reference.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

    (c)    Exhibits.

       99.1   Press Release of Nu Skin Enterprises, Inc. dated February 4, 1999.





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                                    SIGNATURE

        Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized on the date indicated.

                                       NU SKIN ENTERPRISES, INC.



                                       By:    /s/ M. Truman Hunt
                                       Name:  M. Truman Hunt
                                       Title: Vice President and General Counsel


 Dated: February 5, 1999




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                                INDEX TO EXHIBITS

 Exhibit            Description

 99.1               Press Release of Nu Skin Enterprises dated February 4, 1999.


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