Filed Under: Frank VanderSloot, Melaleuca. VanderSloot knows some people disagree with his opinions and others may not even like him but he believes its all part of the job when youre one of the most powerful men in Idaho. Includes Address (1) The IRS Form 990 is an annual information return that most organizations claiming federal tax-exempt status must file yearly. Billionaire Idaho businessman plans to develop affordable housing projects on Kauai. He grew up in various cities, including Hardin, Montana, and Sheridan, Wyoming, before the family settled in Cocolalla, Idaho. [169], VanderSloot stated in 2012 that "gay people should have the same freedoms and rights as any other individual"[184] and in 2013 that he supports equal rights for gay people but believes that the definition of marriage is a union between a man and a woman. [29] Together they have fourteen children:[29] six from Frank VanderSloot's two prior marriages, and eight from Belinda VanderSloot's first marriage. Growing up on a small family farm in northern Idaho, VanderSloot learned the value of hard work from an early age. Most of Franks kids have grown up and moved away. VanderSloot says that the company has a "business model for those people who want to supplement their income. There are pages of Republican contributions. And the same rule applies for college, wedding receptions, and missions. [2] Melaleuca reported gross sales in excess of one billion dollars in 2011[54] and $1.13 billion in 2012. "https://twitter.com/flvandersloot",
[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. If I get a chance, this is where I come, says VanderSloot on his ranch. VanderSloot, the owner of Melaleuca, the largest online wellness shopping club in North America, is the latest member of the Kauai billionaire landowners club who joins Mark Zuckerberg here on the island. [14][15] He is a significant financial contributor to Republican presidential candidates and Idaho political campaigns. "[196] The case settled in October 2015 after Zuckerman admitted in a sworn affidavit that statements he made about VanderSloot were untrue. If this organization has filed an amended return, it may not be reflected in the data below. Frank married Martha Vandersloot.
Description. Resides in West Jordan, UT. In addition to managing Melaleuca, Frank and Belinda own several large cattle ranches. Frank VanderSloot Campus. Idaho's wealthiest person is Frank VanderSloot with a net worth of $3.5 Billion but was born into a poor farming family. 2019-12-01. Frank Vandersloot +99 +98 +97 +95 . He's about to fix that. He's co-chair of the GOP candidate's national finance committee and donated $1 million to the Romney Super-PAC. The largest single contribution was $1 million from Melaleuca to Mitt Romneys Restoring Our Future Super PAC in 2012. This address also has Lence Kent Mortensenand Ellen Paigeassociated with it Main Address He started off selling beef jerky for a local businessman, Roger Ball, then left to cut his teeth at Fortune 500 companies. He was the third. [17][18][19], VanderSloot was born on August 14, 1948,[20][21] to Peter Francis (Frank) VanderSloot (19131982) and Margaret May Christensen Sindberg-Woodley VanderSloot (19152004). VanderSloot is an avid indoor rower and holds six world records. [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. In spare time, he is very active as a philanthropist, as he founded the Melaleuca Foundation, through which he has supported causes like education and health, Your email address will not be published. VanderSloot was born on August 14, 1948, to Peter Francis (Frank) VanderSloot (1913-1982) and Margaret May Christensen Sindberg-Woodley VanderSloot (1915-2004). [8] VanderSloot was previously married to Kathleen VanderSloot (ne Zundel) and to Vivian VanderSloot, his second wife. Think about it! [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". Frank VanderSloot, owner of Honolulu Meat Co. LLC, is facing a lawsuit alleging federal trademark infringement and unfair competition filed by Kua 'Aina Sandwich Shop. Sheldon Adelson, Linda McMahon and Larry Ellison are among the largest individual donors to a pro-Graham super-PAC. 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.. [7][8], In 1993, VanderSloot served on the Taxation Task Force of the White House Conference on Small Business. These billionaires and centimillionaires have fortunes worth an aggregate of $832 billion. Kevin Dunn (WWE wrestler) Wiki Bio, age, height. Frank Stephen Vandersloot was born in 1862, at birth place, Illinois, to A Gustav Vandersloot and Rebecca Vandersloot. "If you're gonna step out and take an active role in the community, part of the price you pay is publicity whether you want it or not," says VanderSloot. Are you a tough guy to work for? asks reporter Nate Eaton. Frank VanderSloot, founder and CEO of health brand Melaleuca, is the billionaire who bought Hawaii's two biggest slaughterhouses. [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. [15], On April 20, 2012, a website operated by Barack Obama's presidential campaign included VanderSloot on a list of eight major donors to Romney's campaign whom it described as having "questionable and troubling records on various issues." He noted that he did not think that the President was directly behind the audits. [9] In 2017, VanderSloot was listed in the Forbes 400 as the 302nd wealthiest American with a net worth of $2.7 billion. IDAHO FALLS Melaleuca has appointed Frank VanderSloot as Executive Chairman of its Board of Directors and promoted Jerry Felton to Chief Executive Officer. Smiths editorial also claims VanderSloot donated to former Indiana Sen. Evan Bayh. [2], In 1985, VanderSloot founded the multi-level marketing company Melaleuca Inc,[33][34][35][36][37][38][39] which sells nutritional supplements, cleaning supplies, and personal-care products,[2][14][33][40][41][42] and he has been president and chief executive officer ever since. Melaleuca operates internationally, with U.S. operations centered in Idaho Falls, Idaho,[43][44] and Knoxville, Tennessee. Cassie said it was a. One of Franks favorite activities is theMelaleucaFreedom Celebration. He is married to Belinda VanderSloot. [206] In 2001, he was awarded the Ernst & Young Entrepreneur of the Year Award for the U.S. Northwestern region. IDAHO FALLS Frank VanderSloot couldn't be happier over the latest financial news about Melaleuca. Dati Brigham Young UniversityIdaho, Brigham Young University. He paid $14.3 million for that purchase back in 2016. Frank says the show will go on next year, but it obviously will be a little different. Throughout his career, Frank has received several prestigious awards, including the Idaho Business Leader of the Year award, given by the Idaho State University for 1998. [8] VanderSloot and Melaleuca were financial supporters of the PAC Concerned Citizens for Family Values. 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. I found a lady who had no guile and who had a tough life. He then returned to Brigham Young University, where he earned a bachelor's degree in marketing in 1972. VanderSloot endorsed, and his company contributed, $1 million to Mitt Romney's presidential campaign in 2012. [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. VanderSloot spent more than $100,000 on independent advertising on three winning judicial campaigns, two for Idaho Supreme Court and one for district judge in Bonneville County. There have been times I vote for a Democrat, he said. NTEE code, primary. Reflects change since 5 pm ET of prior trading day. 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 . [11][40][62][65][66] In a paper on multi-level marketing the FTC notes that "Melaleuca fails to disclose that approximately 99% of all participants lose money and therefore get further behind financially because of their participation". An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. "The VanderSloots welcomed my family with open arms. [168] Idaho Secretary of State Ben Ysursa announced that the PACs were fined $1,900 collectively for failing to appoint a certified treasurer prior to accepting contributions from VanderSloot and for failing to disclose large expenditures for its ads before the election, as required by law. Frank VanderSloot has been the CEO of Melaleuca since the company was founded in 1985. 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. All Filters. [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. [144], VanderSloot spent $1.3 million in 2012 to sponsor television commercials and other advertising in favor of Propositions 1, 2, and 3, ballot referendums supporting education changes introduced and championed by Idaho public school supervisor Tom Luna in 2011. ", "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. He told Fox News host Bill O'Reilly that Melaleuca had lost about two hundred customers in the first two weeks after the Obama website's reference to him;[104][107] Two days later he told the Idaho Statesman that "unbelievable" and "unexpected" national support in the intervening period was turning out to be good for business. It is clear, from Luna's own comments during a recent executive committee meeting of the Idaho Republican Party, that Luna and Frank VanderSloot acted alone in their decision to target Bonneville County, having received neither the input nor consent of any party elected leaders. Belinda had eight children and Frank had six. Frank VanderSloot founded and runs Melaleuca, which makes more than 400 products ranging from health supplements to eco-friendly household cleaners. So whats the deal? [4][1][71] The ranch received 21 awards at the Utah State Fair between 1995 and 1997. 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