Idaho's wealthiest person is Frank VanderSloot with a net worth of $3.5 Billion but was born into a poor farming family. I think that weve bitten off some pretty good chunks here, VanderSloot said. Email news tips to news@kitv.com. Billionaire Idaho businessman plans to develop affordable housing projects on Kauai. As promised, Mr. VanderSloot made arrangements to send Mr. Crawford's in-laws to California. [4] According to Riverbend Ranch general manager David Brown, VanderSloot established its mission as "providing ranchers in the Intermountain West with the best genetics at an affordable price. He is now the only billionaire in the gem state. VIDEO: Woman in Car Sent Clip to Family Before Dying in NY Blizzard; Rand Paul's Annual 'Festivus' Report: $482,276,543,907 in Waste; CNN's Top . Frank VanderSloot has completed his studies from Ricks College and Brigham Young University. More about the VanderSloot family name; Sponsored by Ancestry. View Frank Vandersloot's record in Idaho Falls, ID including current phone number, address, relatives, background check report, and property record with Whitepages. Frank VanderSloot was a billionaire conservative megadonor from Idaho who founded and served as CEO of Melaleuca, Inc., which made environmentally friendly nutritional supplements, and cleaning supplies. Besides the contributions, Smith also claimed VanderSloot endorses Democrats including his backing of Cindy Wilson for Idaho Superintendent of Public Education in 2018. Frank VanderSloot, the founder and CEO of Melaleuca, Inc. is the richest person in Idaho, according to a profile released Wednesday by Forbes.The magazine es. They try to twist the truth and thats the problem I have with the Idaho Freedom Foundation. I believe in teaching kids to work hard, says VanderSloot. Around the same time, VanderSloot or members of his family gave $5,300 to Obamas opponent Sen. John McCain. VanderSloot is also known to be a frequent contributor to the Republican Party, and its local, state and national candidates. But the self-described "avid conservative" outdid himself when in 2008 Frank L. VanderSloot contributed to the presidential campaign of Barrack Hussein Obama. ", "Nampa mayor, Superintendent Ybarra named among most influential", "Frank VanderSloot and Paul Conley Honored by Department of Defense for Patriotic Support", "LOCAL SOLDIER HONORS MELALEUCA CEO DURING EMOTIONAL CEREMONY", https://en.wikipedia.org/w/index.php?title=Frank_VanderSloot&oldid=1133286391, Articles with dead external links from November 2012, Articles with dead external links from October 2017, Articles with permanently dead external links, Articles with dead external links from August 2019, Articles with dead external links from December 2017, Pages containing links to subscription-only content, Pages using infobox person with multiple spouses, Pages using infobox person with multiple parents, Articles containing potentially dated statements from 2011, All articles containing potentially dated statements, Articles containing potentially dated statements from 2012, Creative Commons Attribution-ShareAlike License 3.0, Belinda VanderSloot (married 1995present), This page was last edited on 13 January 2023, at 01:25. For the third straight year, Forbes has scoured the nation to find the largest fortune in every state. IDAHO FALLS Frank VanderSloot couldn't be happier over the latest financial news about Melaleuca. Westmond Cemetery. Description. [62][154][155][156] The PAC ran ads targeting incumbent Idaho Supreme Court Justice Cathy Silak during her 2000 re-election campaign against challenger Daniel T. They were introduced over the phone and Frank was impressed. "[3] However, according to the US Federal Trade Commission study on multi-level marketing companies, fewer than 0.29% of Melaleuca distributors make any profit and more than 99% of distributors lost money. [202] In 2007, VanderSloot's company Melaleuca received the Salvation Army Others Award for helping with relief efforts following Hurricane Katrina. "@type" : "Person",
"[2] The company has large international operations, and 25 percent of its revenue comes from Taiwan, Korea, Japan, Australia, New Zealand, and the United Kingdom. "[11][14][40][62][63][64] In 1997, the U.S. Food and Drug Administration sent Melaleuca a warning letter for "false and misleading" claims about two of its supplements. 8 people named Frank Vandersloot found in Michigan, Utah and 3 other states. I just thought, Heres somebody who I could learn from and grow from,' says VanderSloot. This is what we know about Frank L Vandersloot net worth based on a recent study by Forbes and business insiders: It's around more than a couple of million USD. He also spent a significant amount of money crafting state legislation to limit medical debt collection. I think that before we move on to anything else, we should keep the promises that we made to the people that we made those promises to in building the beef industry, helping the rancher make a little more income, expanding these processing plants so that theres more capacity to keep the cattle here. Regarding his personal life, Frank VanderSloot has been married to Belinda VanderSloot since 1995. All Filters. 1948. VanderSloot endorsed, and his company contributed, $1 million to Mitt Romney's presidential campaign in 2012. I think that you can destroy kids, says VanderSloot. 13 years ago, Frank met his second wife Belinda. Frank had 2 siblings: Albert L. Vandersloot and one other sibling. If you forget it, you'll be able to recover it using your email address. He then returned to Brigham Young University, where he earned a bachelor's degree in marketing in 1972. [60], Between 1991 and 1997, Melaleuca was investigated by Michigan regulators, the Idaho attorney general's office, and the U.S. Food and Drug Administration for various marketing violations. EastIdahoNews.com went through national campaign contribution records from 2000 to 2018 and found these were the only two donations to Democrats. A new Forbes survey of the worlds richest people found many still do household chores like taking out the garbage and grocery shopping. [29][53][207] He was inducted into the Idaho Hall of Fame in 2007[208][209] and received the Idaho Hometown Hero medal in 2011. "https://twitter.com/flvandersloot",
[157][158], In 2002, VanderSloot and Melaleuca contributed more than $50,000 opposing the election bid of Democrat Keith Roark, a former Blaine County prosecutor, for Idaho Attorney General. One of Franks favorite activities is theMelaleucaFreedom Celebration. Published February 17, 2012 8:02PM (EST) Frank VanderSloot is an Idaho billionaire and the CEO of Melaleuca, Inc., a controversial billion-dollar-a-year company which peddles dietary supplements . A bill scheduled to be heard Wednesday targets an investor who has gained control of 70% of Hawaii's meat processing capacity. ", "SUPREMA SPECIALTIES INC, Form 10-Q, Quarterly Report, Filing Date Feb 13, 2001", "New Jerseys Suprema Specialties Buys Idahos Snake River Cheese", "Cheese changing hands Sartori Foods completes deal to purchase Blackfoot firm", "VanderSloot-owned company merges with DePatco", "Crack sealing is under way on Idaho 33 east of Newdale", "Forbes names VanderSloot one of the richest 400 people in America", "GOVERNOR MITT ROMNEY ANNOUNCES NATIONAL FINANCE CHAIRS AND CO-CHAIRS", "Governor Mitt Romney Announces National Finance Chairs And Co-Chairs", "Money is on the unofficial agenda at the Republican National Convention", "Behind the curtain: A brief history of Romney's donors", Todd Dvorak, "VanderSloot Subject of IRS, Labor Dept. VanderSloot then paid off a $2 million debt the company owed to the dairymen, staffed the plant with his own personnel and supplemented the milking herd with two thousand head of cattle. [172] Post Register editor Dean Miller stated that Zuckerman's sexual orientation had been known only by Zuckerman's family and a few of his close friends and colleagues,[179] and Zuckerman himself also disputed VanderSloot's contention that the advertisements did not constitute an outing. "[139][138][140][141], Vandersloot was the primary financial supporter of United Families Idaho Action Fund, a PAC that supported a successful anti-same-sex marriage constitutional amendment (House Joint Resolution 2) in Idaho 2006. In a recent exclusive one-on-one interview with KITV4 Island News, VanderSloot says he has purchased a smaller property in Lihue to redevelop into an affordable housing project with commercial units on the ground floor. All but newcomer Frank Vandersloot (founder and CEO of Melaleuca) also made last years ranking but these tycoons saw their wealth increase by 1.74, Frank VanderSloot grew up a poor farm boy and lived in a laundromat to pay his way through school. Growing up on a small family farm in Idaho, VanderSloot learned the value of hard work at an early age. "[2] This resulted in "a new policy that reduced payments to those who didn't either bring in new converts or help others do so. Frank lived in 1880, at address, Illinois. Rolling Out The Blue Carpet. [9] In 2017, VanderSloot was listed in the Forbes 400 as the 302nd wealthiest American with a net worth of $2.7 billion. Melaleuca operates internationally, with U.S. operations centered in Idaho Falls, Idaho,[43][44] and Knoxville, Tennessee. Related by education: Brigham Young University. IDAHO FALLS Melaleuca has appointed Frank VanderSloot as Executive Chairman of its Board of Directors and promoted Jerry Felton to Chief Executive Officer. The family lived in Sheridan, Wyoming and Hardin, Montana before moving in 1949 to Cocolalla, Idaho, where they lived on a ranch.The elder VanderSloot worked as a painter for the Northern Pacific Railway. [138] Following the presidential election in November 2016, VanderSloot announced on Twitter that Trump was not his first, second, or third choice as a candidate but that it was "time for all of us to come together and unite behind our new president. Montana and Utah," VanderSloot says. In addition to managing Melaleuca, Frank and Belinda own several large cattle ranches. [161], In 2010 VanderSloot funded two PACs that launched last-minute ads against Idaho 2nd District Judge John Bradbury, a Democrat, during his electoral run for state Supreme Court against Republican incumbent Justice Roger Burdick. [178] The advertisements caused media controversy for allegedly outing Zuckerman,[8][108][169][179] drawing criticism from television political commentator Rachel Maddow,[180] Glenn Greenwald in Salon magazine,[62] the editorial page of the Boise Weekly,[181] Post Register editor Dean Miller,[179] and Zuckerman himself. Husband, Children, Net Dana Jacobson's (CBS) Wiki, Husband Sean Grande, S Elizabeth Hashagen (12 News) Wiki Biography, age, What is Corinne Massiah from 9-1-1 doing now? [25]:60[56]. North America. In 2019, VanderSloot started what is now a $1 million fund to help Idahoans defend themselves from aggressive medical debt collection tactics. So if somebody wants a video game, now its gotta be the appropriate video game but as long as its something thats not gonna hurt them, we dont say, Yes you can or No you cantwe say, Can you afford it? and well pay half, says VanderSloot. Biography/Timeline. "@context" : "http://schema.org",
[14][15] He is a significant financial contributor to Republican presidential candidates and Idaho political campaigns. Frank says the show will go on next year, but it obviously will be a little different. For information on VanderSloots state and local contributions visit the Idaho Secretary of States website. The winner got to choose a candidate for the loser to donate to and in this case, it was Obama. IDAHO FALLS One of America's well-known political columnists is releasing a new book today and CEO Frank VanderSloot and his business are featured in the pages. There are pages of Republican contributions. T20: Private Foundations. She is Cassie VanderSloot and her father, Frank, is one of the most powerful people in Idaho politics. Giving them stuff I dont think thats the way to happiness.. In total that year, the VanderSloot family donated around $175,000 to Republicans alongside the $250 to Obama. [94] In September 2011, HighStone merged with DePatco, a family-owned heavy construction company in St. Anthony, Idaho. ", "Marissa Bodnar, "VanderSloot Responds to Allegations of Threatening Media," KIFI Local News 8, posted February 21, 2012; updated March 1, 2012, screen 1", "Responsible Journalism or Misleading Propaganda? Under his leadership, Melaleuca has steadily grown from a simple start-up initially offered just a few products into a thriving . Given how much we raised for someone to say I was an Obama-supporter is just absurd, VanderSloot said. Y Magazine is published four times a year by Brigham Young University for graduates and friends. His career has been active since the mid- 1970s. While his father made do on a third-grade education, young VanderSloot found early success in school, and went on to earn degrees from Ricks College and Brigham Young University. Shes very tough, very strong, and a very good mother, says VanderSloot. Earlier this year, VanderSloot donated $1 million to defend people dealing with unscrupulous medical debt collectors. He joined The Church of Jesus Christ of Latter-Day Saints when he was 16, and went on a two-year mission. Frank H Vandersloot, 67. 97-NSV-08) to Frank VanderSloot, CEO Melaleuca, Inc", "Melaleuca Replenex halt cartilage degeneration claim draws FDA warning letter", "FTC again warns multi-level marketers about unproven health and earnings claims", "Warning Regarding Earnings Claims Related to Coronavirus Disease 2019 (COVID-19)", "FTC Warns 16 Multi-Level Marketing Companies About Coronavirus Fraud", "Dedicated to the Beef Industry Riverbend Ranch", "Statement of Conversion Natural Guardian Limited Partnership", "Bingham County Judge Stalls Wind Project Idaho Business Review", "New Jersey Firm Buys Blackfoot, Idaho, Cheese Factory", "Controversial donor praised by dairymen. DISCLAIMER: In 2015, Melaleuca CEO Frank VanderSloot provided the seed money to launch EastIdahoNews.com. [16] He has also paid for advertising in opposition to several Idaho Democratic political candidates. These billionaires got elected, got others elected or spent big on the 2020 election. 2019-12-01. . The family lived in Sheridan, Wyoming and Hardin, Montana before moving in 1949 to Cocolalla, Idaho, where they lived on a ranch. [155][156] The ads alleged that if Silak were re-elected, same-sex marriage and "partial-birth abortion" could have become legal in Idaho. [135] In November 2015, VanderSloot announced that he supported Rubio for president and that he planned to host fundraisers and bundle contributions on Rubio's behalf. [6] VanderSloot also serves on the board of directors and executive board of the U.S. Chamber of Commerce. After the story was reposted on social media by the Idaho Freedom Action 501c4, EastIdahoNews.com received a number of reader requests to look into the truthfulness of the Obama-donor headline. Because Frank cared about local people, hundreds of families in Southeast Idaho were able to keep their homes and farms and jobs intact." The cheese plant's longevity did not come without sacrifice, Claysen says. The next year, VanderSloot sold his interest in the company to Suprema Specialties[85][88] after Beatrice broke its lease. So it came as a surprise to some last week when medical debt collector and Idaho Freedom Foundation board member Bryan Smith published an editorial in the Post Register entitled Obama donor Frank VanderSloot not what he pretends to be.. VanderSloot says he always wanted to have a private life but he has become one of the public figures in Idaho so his family and his opinions are often in the spotlight. They gotta buy their own stuff but weve said well pay half. Frank VanderSloot, the billionaire founder of an Idaho-based direct marketing company that sells nutritional supplements, has purchased a historic 102-acre estate in Hawaii on the island of. Now he's the richest man in Idaho, thanks to "the wellness company.". I found a lady who had no guile and who had a tough life. Following his college graduation, Frank found a job with Automatic Data Processing in the area of human resources management, and spent next nine and a half years, working in three different cities. Campus Research People Faith Family Past Issues. [62][186] On her show of September 28, 2012, Rachel Maddow stated that VanderSloot and his attorneys requested that she remove from Web archives a show in which she reported and commented on his alleged outing of Zuckerman; she said that he also objected when she publicized that request on her show. Frank VanderSloot, the billionaire founder of supplement company Melaleuca (and richest man in Idaho), who was heavily involved in the Mormon Church and Boy Scouts, took it upon himself to publish . You have permission to edit this article. [94], VanderSloot does not publicly disclose his personal worth;[8]' however, in 2004, Forbes magazine estimated that Melaleuca was worth $1.4 billion and that VanderSloot's share of the company (55 percent of the voting stock and 44 percent of the nonvoting stock), was worth $700 million. [45] Customers buy directly from Melaleuca's website[46][47] or retail locations[48] and "independent marketing executives" receive commissions from Melaleuca for each purchase made by people they refer and by people their customers refer,[25]:60 through seven "referral generations".

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