Frank L Vandersloot overall revenues are growing day by day, and he is becoming more popular on both sides. [6], In 1994, VanderSloot was approached by two dairy farmers with a plea to invest in the Snake River Cheese factory in Blackfoot, Idaho, after Kraft Foods had announced a decision to close it. Frank VanderSloot Campus. There are two companies located at this address by the name Charity Vending and Pojo's Family Fun Center, LLC. VanderSloot told EastIdahoNews.com although he primarily votes for Republican candidates, sometimes a candidate is so bad you just cant support them. Frank VanderSloot is the son of Peter Francis VanderSloot and Margaret May Christensen Sindberg-Woodley VanderSloot. Their current residence is in Idaho Falls, Idaho. Brian Frank VanderSloot returned home to his loving Heavenly Father on Thursday, Nov. 3, 2011. [201] In 2005, VanderSloot flew to Baton Rouge to deliver supplies to shelters after Hurricane Katrina and helped three displaced families with transportation issues. [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. If I get a chance, this is where I come, says VanderSloot on his ranch. Biography/Timeline. Melaleuca is a member of the United States Direct Selling Association,[58] a trade association that engages in public relations and political lobbying on behalf of the multi-level marketing industry. VanderSloot is the primary financier of the American Heritage Charter School in Idaho Falls. LIHUE, Hawaii(KITV4) - Billionaire Idaho businessman Frank VanderSloot, founder and CEO of wellness products company Melaleuca Inc., has big plans for Hawaii including developing an affordable housing project with up to 500 units in Lihue on the island of Kauai. Frank Leonard VanderSloot[1](born August 14, 1948) is an American entrepreneur, radio network owner, rancher, and political campaign financier. A look at the favorite gifts of some of the world's richest. Additionally, he is in the process of also establishing a 500-head cattle ranch operation on the thousands of acres he recently purchased on the northeastern side of Kauai, and already owns two of Hawaiis main meat processing plants, where he hopes to eventually handle up to 40 percent of the states meat. Previously, he was the Vice-President of Cox Communications, and he is also recognized for being on the board of directors and executive board of the US Chamber of Commerce. ", "The Case (for and) against Multi-level Marketing", "20082009 Officers, Board Members, Elected during DSA's Annual Meeting", "Direct Selling Association PAC Contributors 2010", "Billionaire Romney donor uses threats to silence critics", "On Democracy Pity the Poor Billionaires", "In the matter of Attorney General Larry Echohawk's investigation into the business practices of Melaleuca", "Warning Letter (No. [108], In July 2012, VanderSloot said he was the subject of two new federal audits, one by the Internal Revenue Service and the other by the U.S. Department of Labor. He started off selling beef jerky for a local businessman, Roger Ball, then left to cut his teeth at Fortune 500 companies. [204] Inaugurated in August 2013,[204] the charter school is modeled after the North Valley Academy in Gooding, Idaho, and bases its curriculum on the Core Knowledge Program established by E.D. VanderSloot also contributed $2,700, the maximum allowed by law, to the GOP presidential campaign of former technology executive Carly Fiorina. [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. It was only a matter of me before they got married and had 14 kids under one roof. [8][25]:58[32] VanderSloot said "the company was a mess" when he arrived. 1948. VanderSloot is most excited about the14-acre former Lihue Sugar Mill property, which has been dormant for many years. He is a major landowner -- with an estimated. [96] In 2013, VanderSloot was listed by Business Insider as the wealthiest individual in the state of Idaho, with an estimated net worth of $1.2 billion. No silver spoon here -- how these billionaires paid their own way through school by working on the side. ", "Company Files Suit Against Roark," Associated Press in, "Kempthorne Defends Use of Interest-Free Loan," Associated Press in, "Herndon, Simpson in lead for runoff Unofficial results show Esplin trailing in three-way race for 7th District judge", "Simpson asked to step down from case A former Melaleuca employee believes he won't get a fair trial in front of the judge", "Groups must pay $1,900 fines for illegal campaigns", "Ads attacking judicial candidate violated state disclosure law, official says", "Idaho Citizens for Justice: Campaign Financial Disclosure Report", "Citizens for Commonsense Solutions: Campaign Financial Disclosure Report", "HRC to Romney: Ditch Anti-LGBT Finance Chair", "Proposition 8: Who gave in the gay marriage battle? [29] Together they have fourteen children:[29] six from Frank VanderSloot's two prior marriages, and eight from Belinda VanderSloot's first marriage. Audits," Associated Press in, "Romney donor bashed by Obama campaign now target of two federal audits", "Big Political Donors Shy Away From Public Scrutiny", "Democrats, GOP debate political non-profits' donors", "Idaho businessman VanderSloot says Obama is smearing him", "Declarations: This Is No Ordinary Scandal", "Vandersloot Says Being on 'Enemies List' Triggered Audits", "VanderSloot to be audited by two federal agencies", Assem Mrque and Diaa Hadid, "VanderSloot Subject of IRS, Labor Dept. When asked, VanderSloot said he doesnt remember the circumstances, although he believes he was asked by another Republican legislator to make the donation. T20: Private Foundations. Frank VanderSloot net worth: Frank VanderSloot is an American entrepreneur who has a net worth of $1.2 billion dollars. Growing up on a small family farm in Idaho, VanderSloot learned the value of hard work at an early age. Who is the richest person where you live? VanderSloot was born on August 14, 1948, to Peter Francis (Frank) VanderSloot (1913-1982) and Margaret May Christensen Sindberg-Woodley VanderSloot (1915-2004). VanderSloot serves as a member of the Board of Directors of the U.S. Chamber of Commerce and was recently named regional vice-chairman for the organization. In 2019, VanderSloot started what is now a $1 million fund to help Idahoans defend themselves from aggressive medical debt collection tactics. Beat Of Hawaii. [91] In 2006, the factory, which by then had been renamed as the Blackfoot Cheese Company, was sold to Sartori Foods,[92] and in 2013, the plant was purchased from Sartori by Glanbia Foods, Inc.[93], VanderSloot was the owner of HighStone (formerly Eagle Rock Construction; RBH Gravel; VIP Construction), an Idaho Falls-based asphalt construction and maintenance company. Presidential contender Elizabeth Warren suggested a new tax on the rich Thursday that could cost American billionaires $85 billion a year, according to a Forbes analysis. Frank couldn`t restore the company, and it was shut down the same year, however, he formed a new company under same name, keeping the old distributors and products. Melaleuca sells them direct from the factory to more than one million consumers every month through its online store. And Frank VanderSloot got involved. [97], VanderSloot is on the board of directors and executive board of the United States Chamber of Commerce. He has been married to his wife, Belinda, for 26 years, and they have 14 children and 54 grandchildren. 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. He knows who he is, hes passionate about what he believes in, hes grateful for the people around him, and hes excited for the future. VanderSloot is reportedly the richest man in Idaho, and among the most powerful. VanderSloot tells EastIdahoNews.com he lost a bet. He is also an active political donor, giving millions to Republicans. ", "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. A new Forbes survey of the worlds richest people found many still do household chores like taking out the garbage and grocery shopping. Frank VanderSloot grew up in Sheridan, Wyoming, Hardin, Montana, and Cocallala, Idaho. Idaho-based businessman Frank VanderSloot, who gave $1 million to Mitt Romney's Super PAC in the last election, told Breitbart News he was audited three times last year and investigated a fourth. Region. Donors Showing Thirst to Oust Obama in November", "Marco Rubio scores megadonor Frank VanderSloot", "Pyramid-Like Company Ponies Up $1 Million for Mitt Romney", "Republican presidential candidates court Idaho's mega-donor", "Dave Plourd, "VanderSloot Farms Buys New Sweden School Property," LocalNews8, February 9, 2012", George Prentice, "VanderSloot-Funded Charter School Gets OK From State Commission,", Nate Sunderland, "Idaho Falls Charter School Backed by Melaleuca's VanderSloot Touts Patriotic, Business-Focused Learning,", "Obituaries: Margaret Sindberg-Woodley VanderSloot", Steve Smede, "Frank Discussion: An Inside Look at the World of Melaleuca's CEO,", "This Billionaire Pulled Himself Out Of Poverty By Living In A Laundromat And Teaching Dutch", "Frank VanderSloot / Melaleuca CEO: Dark days proved worthwhile. The scrutiny comes alongside VanderSloot's role with the Mitt Romney campaign. VanderSloot is an avid indoor rower and holds six world records. [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". Cougar fans should roll out the "blue" carpet like no one else in college sports. [89][90] VanderSloot again promised that employees would keep their jobs. Frank L. VanderSloot was born on the 14th August 1948, in Billings, Montana USA, and is an entrepreneur and businessman, who is probably best known for being the founder and the CEO of the wellness company Melaleuca, Inc.. [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. Related by education: Brigham Young University. Put your faith in thrift, hard work and Malaleuca's household products and you might get rich. He is the father of 14 children - six from his previous marriages with Vivian and Kathleen, and eight from Belinda's previous marriage. [116][117][118][119][120][121][122][123][124] Three op-eds published by the Wall Street Journal criticized the campaign's treatment of VanderSloot and other top Romney donors. Melaleuca is a member of the Inc. 500 Hall of Fame and is the only firm to remain on Inc.'s list for five consecutive years while also earning the publication's "A profitability . The personal products empire he built in Idaho reached annual sales of $1.33 billion last in marketing. An initiative campaign placed the approval of the laws on the ballot, and they were defeated in a statewide vote.[145][146][147][148][149][150][151]. He paid $14.3 million for that purchase back in 2016. [11][12][101][102] In 2012, VanderSloot's companies contributed $1.1 million to the Restore Our Future political action committee, which was supporting Romney for President. [175], VanderSloot denied that he had outed Zuckerman, saying that he had attempted to defend Zuckerman's motives, and repeating that Zuckerman had previously publicly disclosed his sexual orientation, which was already being discussed in the local community. In 2001 he was the receiver of the Ernst & Young Entrepreneurs of the Year Award, and in 2007 he was inducted into the Idaho Hall of Fame, among many other awards. VanderSloot said he knew some in the Republican party would start attacking him when he recently spoke out against the Idaho Freedom Foundation. Around the same time, VanderSloot or members of his family gave $5,300 to Obamas opponent Sen. John McCain. 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