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. I found a lady who had no guile and who had a tough life. 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. "[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. [206] In 2001, he was awarded the Ernst & Young Entrepreneur of the Year Award for the U.S. Northwestern region. The Melaleuca F. [210][211] VanderSloot received the Horatio Alger Award and became a lifetime member of the Horatio Alger Association of Distinguished Americans in 2015. Brian was born June 28, 1974, in Seattle to Frank VanderSloot and Kathleen Zundel. He is the father of 14 children six from his previous marriages with Vivian and Kathleen, and eight from Belindas previous marriage. [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. In June 2020 the FTC sent a warning letter to Melaleuca regarding false and deceptive earnings claims during the COVID-19 pandemic that were unsubstantiated and inconsistent with earlier FTC findings that less than 1% of Melaleuca distributors realize any profit with the vast majority losing money. Why not just give it to them? asks Eaton. EastIdahoNews.com, LLC. Total revenues. He is a major landowner -- with an estimated. "[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. According to Dan Popkey, "A supposed 80 percent corner on the tea tree market turned out to be 5 percent. He is supposedly a devout Mormon who has opposed measures that are seen as gay-friendly and he and his company are one of the largest donors ($1 . IDAHO FALLS Frank VanderSloot couldn't be happier over the latest financial news about Melaleuca. He started off selling beef jerky for a local businessman, Roger Ball, then left to cut his teeth at Fortune 500 companies. [1] In 2017, Forbes listed VanderSloot as the richest person in Idaho and the 302nd wealthiest American with a net worth of $2.7 billion. They try to twist the truth and thats the problem I have with the Idaho Freedom Foundation. Biography/Timeline. Frank VanderSloot is the son of Peter Francis VanderSloot and Margaret May Christensen Sindberg-Woodley VanderSloot. So whats the deal? The Center for Responsive Politics shows VanderSloot donated $1,000 to Bayh in 2009. Besides the contributions, Smith also claimed VanderSloot endorses Democrats including his backing of Cindy Wilson for Idaho Superintendent of Public Education in 2018. [98][99], VanderSloot was one of 47 finance co-chairs for Mitt Romney's 2008 presidential campaign and served under eight finance chairs. [85][86] Montana and Utah," VanderSloot says. [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. Create a password that only you will remember. The Untold Truth About Edd Gould: Death Cause, Rea Where is Helen Shaver now? Smiths editorial also claims VanderSloot donated to former Indiana Sen. Evan Bayh. [57] The FTC report goes on to note that the odds of winning from a single spin of the wheel in a game of roulette in Las Vegas are "22 times as great as the odds of profiting after enrolling as a Melaleuca distributor". VanderSloot is reportedly the richest man in Idaho, and among the most powerful. 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. Donors who . Under VanderSloot's leadership, Melaleuca has been ranked on Inc. magazine's list of the nation's 500 fastest-growing, privately-held firms. [7][8], In 1993, VanderSloot served on the Taxation Task Force of the White House Conference on Small Business. DISCLAIMER: In 2015, Melaleuca CEO Frank VanderSloot provided the seed money to launch EastIdahoNews.com. Who is the richest person where you live? VanderSloot graduated from BYU in 1972 with a B.S. For a short time, he was an owner. ", "Expos: America's Investigative Reports In a Small Town", "More Pedophile Cases Emerge With Scout Camp Connections", "A Local Newspaper Endures a Stormy Backlash", "Rachel Maddow slams Romney campaign chairman for outing gay reporter", "Best Multiple Personalities 2012: Frank VanderSloot", "HRC Calls on Romney Campaign to Fire Virulently Anti-Gay National Finance Chair", "Marissa Bodnar, "VanderSloot Responds to Allegations of Threatening Media," KIFI Local News 8, posted February 21, 2012; updated March 1, 2012, screen 2", "Magazine says it stands by its coverage of Idaho's VanderSloot, who is suing for defamation", "Will Romney's Finance Co-Chair Become a Liability", "Former Romney Co-Chair Is Suing Mother Jones, but Not For The Reason You Might Guess", "Frank VanderSloot: Mother Jones Wrongly Depicted Me As Romney's 'Gay-Bashing Buddy', "Frank VanderSloot sues Mother Jones magazine, says story wrongly depicted him as a 'gay-basher', "Judge dismisses businessman's lawsuit against Mother Jones | KSL.com", "We were sued by a billionaire political donor. [8] VanderSloot was previously married to Kathleen VanderSloot (ne Zundel) and to Vivian VanderSloot, his second wife. . 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.. Their current residence is in Idaho Falls, Idaho. https://www.linkedin.com/in/frankvandersloot, Frank L. VanderSloot was born on the 14th August 1948, who is probably best known for being the founder and the CEO of the wellness company Melaleuca. [8] In[update] 2012, the Land Report listed VanderSloot as the 92nd largest landowner in the United States. There are two companies located at this address by the name Charity Vending and Pojo's Family Fun Center, LLC. No silver spoon here -- how these billionaires paid their own way through school by working on the side. VanderSloot was born on August 14, 1948, to Peter Francis (Frank) VanderSloot (1913-1982) and Margaret May Christensen Sindberg-Woodley VanderSloot (1915-2004). [205][18], In 1998, VanderSloot received the Idaho Business Leader of the Year award from Idaho State University. ", "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. His company, Melaleuca, sells tea-tree oil supplements and personal-care. Follow Frank Vandersloot on Twitter! 8 people named Frank Vandersloot found in Michigan, Utah and 3 other states. Theres other countries to open up. "[8] Oil of Melaleuca failed to achieve significant market share, and the partners shut down the company later in 1985. VanderSloot is most excited about the14-acre former Lihue Sugar Mill property, which has been dormant for many years. [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". [87] In 1999, the facility netted $278 million in sales. Have you ever wondered how rich Frank VanderSloot is, as of late 2016? The cows dont want anything, they dont complain about anything, they look peaceful and I think they are happy. . Thats where housing should be, in Lihue, he said. Brian was born June 28, 1974, in Seattle to Frank VanderSloot and Kathleen Zundel. VanderSloot is also known to be a frequent contributor to the Republican Party, and its local, state and national candidates. 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. HRC has started a petition called "Fire Frank," calling on Romney to "Fire Frank VanderSloot immediately and return the money he has donated to your campaign." The group says . Related To Matthew Vandersloot, Vivian Vandersloot, Cassie Vandersloot, Kathleen Vandersloot, Jennifer Vandersloot. [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). Reflects change since 5 pm ET of prior trading day. The IRS Form 990 is an annual information return that most organizations claiming federal tax-exempt status must file yearly. IDAHO FALLS When Melaleuca CEO Frank VanderSloot makes headlines, its often because hes giving away money. [9][10], VanderSloot served as a national finance co-chair for Mitt Romney's presidential campaigns in 2008 and 2012. 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. He says he puts it on to honor war veterans and help everyone remember their sacrifice. ( I consent to receive communications and agree to, Stunned! Frank had 2 siblings: Albert L. Vandersloot and one other sibling. We think its an ideal place for affordable housing.. [27] After two semesters, he left school to serve a two-and-a-half-year LDS Mission in the Netherlands. [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. It needs to be cleaned up, he said. Melaleuca operates internationally, with U.S. operations centered in Idaho Falls, Idaho,[43][44] and Knoxville, Tennessee. $142,593. VanderSloot told EastIdahoNews.com although he primarily votes for Republican candidates, sometimes a candidate is so bad you just cant support them. Dati Brigham Young UniversityIdaho, Brigham Young University. Kevin Dunn (WWE wrestler) Wiki Bio, age, height. ", "G.O.P. She is Cassie VanderSloot and her father, Frank, is one of the most powerful people in Idaho politics. Resides in West Jordan, UT. [68][69][70], In 1993, VanderSloot founded Riverbend Ranch, one of the largest purebred ranches and largest commercial cattle operations in the United States. Susan. Thank You for building a company that has always maintained good business and finances and shown me how to help my family and friends how they can help themselves and others and maintain my integrity. . [94] HighStone was the prime contractor on a $421,000 state government contract to repair a stretch of Idaho State Highway 33 in Idaho Falls,[95] and worked on a road project in Rexburg. [212][213] He was named fifth on the list of "100 Influential Idahoans of 2015" by the Ridenbaugh Press. VanderSloot said he knew some in the Republican party would start attacking him when he recently spoke out against the Idaho Freedom Foundation. All Rights Reserved. He then returned to Brigham Young University, where he earned a bachelor's degree in marketing in 1972. [79][80] He purchased the company from Bonneville Communications in 2006. [16] He has also paid for advertising in opposition to several Idaho Democratic political candidates. There have been times I vote for a Democrat, he said. . 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. 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