Frank VanderSloot’s profile picture

Frank VanderSloot

Frank VanderSloot’s profile picture
Net worth 2018: $2.71 Billion
Residence: Idaho Falls, Idaho
Country: United States
BirthDay: 14 August 1948
Sigh: Virgo
Children: 14
Education: Bachelor of Arts / Science, Brigham Young University
BIOGRAPHY

Frank VanderSloot was bornon 14 August 1948 in Idaho Falls, Idaho, United States. Frank VanderSloot founded and runs Melaleuca, which makes more than 450 products ranging from health supplements to eco-friendly household cleaners. Melaleuca sells them direct from the factory to more than 1.8 million consumers every month through its online store. Born into a poor farming family, he ran the farm while his father worked a railroad job, then lived in a laundromat to pay his way through school. He is a major landowner -- with an estimated 117,500 acres across Idaho, Utah and Montana -- and he runs a leading purebred angus cattle operation. He is also an active political donor, giving millions to Republicans. He was a national finance co-chair for Mitt Romney's two presidential bids.

NET WORTH STATISTIC
2017

$2.7 Billion

2018

$2.71 Billion

TIMELINE
2017

In 2017, VanderSloot was listed in the Forbes 400 as the 302nd wealthiest American with a net worth of $2

2016

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

2015

VanderSloot was presented the Patriot Award in 2015 by the Department of Defense’s Employer Support of the Guard and Reserve (ESGR) for his support of soldiers

2014

”In May 2014, VanderSloot filed a defamation lawsuit against former Idaho Falls Post-Register reporter Peter Zuckerman, alleging that he had "knowingly and maliciously publishing false statements depicting VanderSloot in national media as a gay-basher

2013

Inaugurated in August 2013, 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

2012

In February 2012, VanderSloot Farms purchased a property from the Idaho Falls School District 91 for $121,000

2011

9 billion by 2011, and VanderSloot's net worth was estimated at more than $1 billion

2010

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

2009

In December 2009 VanderSloot and his wife contributed $10,000 to the DSA’s political action committee (PAC)

2008

VanderSloot was one of 47 finance co-chairs for Mitt Romney's 2008 presidential campaign and served under eight finance chairs

2007

He was inducted into the Idaho Hall of Fame in 2007 and received the Idaho Hometown Hero medal in 2011

2006

In 2006, VanderSloot took out two full-page advertisements in the Idaho Falls Post Register criticizing a series of investigative articles by journalist Peter Zuckerman in the Post Register concerning incidents of child molestation by a Boy Scout director in the Grand Teton Council

2005

In 2005, VanderSloot flew to Baton Rouge to deliver supplies to shelters after Hurricane Katrina and helped three displaced families with transportation issues

2004

VanderSloot does not publicly disclose his personal worth;' however, in 2004, Forbes magazine estimated that Melaleuca was worth $1

2003

In 2003, VanderSloot founded the Melaleuca Foundation, a private 501(c)(3) non-profit corporation

2002

That year, VanderSloot and Melaleuca also donated $7,000 towards Republican Dirk Kempthorne’s 2002 gubernatorial campaign

2001

In 2001, he was awarded the Ernst & Young Entrepreneur of the Year Award for the U

2000

The PAC ran ads targeting incumbent Idaho Supreme Court Justice Cathy Silak during her 2000 re-election campaign against challenger Daniel T

1999

In 1999 VanderSloot sponsored billboards around Idaho asking "Should public television promote the homosexual lifestyle to your children? Think about it!" in reference to It's Elementary, a 1999 PBS documentary exploring how four schools dealt with homosexuality

1998

In 1998, VanderSloot received the Idaho Business Leader of the Year award from Idaho State University

1995

VanderSloot resides in Idaho Falls, Idaho, with his wife, Belinda VanderSloot (née Boyack), whom he married in 1995

1994

According to Dan Popkey of the Idaho Statesman and Roger Plothow and Marty Trillhaase of the Idaho Falls Post Register, VanderSloot supported Idaho Democrat Larry EchoHawk’s 1994 gubernatorial campaign and endorsed Democrat Jackie Groves Twilegar for Idaho state controller in 2006

1993

In 1993, VanderSloot served on the Taxation Task Force of the White House Conference on Small Business

1992

In 1992, Melaleuca signed a consent decree with the states of Michigan and Idaho agreeing to "not engage in the marketing and promotion of an illegal pyramid

1991

In 1991 Melaleuca received a cease-and-desist order for violating Michigan’s anti–pyramid scheme laws

1990

500 list of the fastest-growing private companies in the United States every year from 1990 to 1994 before inducting the company into its Hall of Fame in 1994

1972

He then returned to Brigham Young University, where he earned a bachelor's degree in marketing in 1972

1966

Frank VanderSloot graduated from Sandpoint High School in 1966

1949

The family lived in Sheridan, Wyoming and Hardin, Montana before moving in 1949 to Cocolalla, Idaho, where they lived on a ranch

1948

VanderSloot was born on August 14, 1948, to Peter Francis (Frank) VanderSloot (1913–1982) and Margaret May Christensen Sindberg-Woodley VanderSloot (1915–2004)

1260

5 The Hawk, KFTZ Z103, KEII News-Talk AM 690 – 1260, and KEIR AM 1260

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