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Idaho's wealthiest person, with an estimated net worth of $1.9 billion: Frank VanderSloot, the 68-year-old founder and CEO of Melaleuca, which bills itself as "the wellness company . He's seen here on his Idaho Falls ranch with his dog Vivi.. Frank says by utilizing their own genetics in the commercial herd, they get to see, firsthand, which bulls are doing what. [152][153] VanderSloot has been a major donor to Idaho Republicans,[152][153] according to Popkey, who described him as the state's "most boisterous conservative financier"[8] and by America Online's Eamon Murphy, who called him "perhaps the single most influential campaign donor"[11] in the state of Idaho. [25][29][27], After graduating from college, VanderSloot worked for 9.mw-parser-output .frac{white-space:nowrap}.mw-parser-output .frac .num,.mw-parser-output .frac .den{font-size:80%;line-height:0;vertical-align:super}.mw-parser-output .frac .den{vertical-align:sub}.mw-parser-output .sr-only{border:0;clip:rect(0,0,0,0);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px}12 years at Automatic Data Processing in three cities. VanderSloot also contributed $2,700, the maximum allowed by law, to the GOP presidential campaign of former technology executive Carly Fiorina. [2][8] According to Dan Popkey of the Idaho Statesman, the company's value had grown to between $3.2 billion and $3.9 billion by 2011, and VanderSloot's net worth was estimated at more than $1 billion. VanderSloot? 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. That's when Melaleuca CEO Frank VanderSloot stepped in. We will also reach out to the ranchers involved to see if they would be on board with changing the name of their brand.. We all must have the courage to seize opportunities that would build up our agriculture prospects to the fullest and increase local meat production. Attorneys for the 47-year-old Haleiwa burger joint filed a lawsuit against Honolulu Meat Company claiming trademark infringement and unfair competition. Not only that, but we have around 100,000 mama cows in Hawaii and the facilities here couldnt match the number of animals we had so overflow would go to the mainland.. He then returned to Brigham Young University, where he earned a bachelor's degree in marketing in 1972. [84] In response, VanderSloot bought a $1 million interest in the plant, and an investment company assumed control, but the operation closed anyway within six months. [8][25]:58[32] VanderSloot said "the company was a mess" when he arrived. We not only offer the famous Riverbend 100% satisfaction guarantee, your Riverbend bulls also come with a full insurance premium through the bulls first breeding season. [83] Kraft had operated the plant since the early 1920s. Mr. VanderSloot has never been audited for this, though two years ago his workers' ranch homes were inspected. Their passionate plea was effective. Riverbend realizes one size doesnt fit all. by Wyoming Livestock Roundup. Although he owns ranches in the western U.S., VanderSloot made his fortune through a wellness products company called Melaleuca. ", "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. VanderSloot is the primary financier of the American Heritage Charter School in Idaho Falls. The way it was set up, there was nowhere to go.. [61] 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. As far as his land ownership,BoisePublicRadiosays "Though VanderSloots company sells personal care products, he also raises horses and cattle on his 110,448 acres.". [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. [8] VanderSloot was previously married to Kathleen VanderSloot (ne Zundel) and to Vivian VanderSloot, his second wife. If you share the same market as the contributor of this article, you may not use it on any platform. IDAHO FALLS Melaleuca CEO Frank VanderSloot sent a Tweet today announcing that Melaleuca employees will receive bonuses of $100 for every year they've been with the company. Honoring 35+ Years of Excellence We purchase 10,000 to 15,000 calves every year from our bull customers and put them in various feedlots or into our own feedlot. Instagram. [197][198][199], In 2003, VanderSloot founded the Melaleuca Foundation, a private 501(c)(3) non-profit corporation. Meat from the plant will also be used for Hawaiis farm-to-state program, according to Enright. [1] VanderSloot, a billionaire, owns Riverbed Ranch, a registered Angus cattle ranch. [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. Not only that, meat processing plants were closing across Hawaii. Melaleuca operates internationally, with U.S. operations centered in Idaho Falls, Idaho,[43][44] and Knoxville, Tennessee. All are from Mexico and have worked on the VanderSloot ranchwhich employs about 20 peoplefor five years . Although he grew up hand-milking a cow to help provide for the family, VanderSloot was a businessman who was just getting into the registered-Angus business. They are also accusing Vandersloot of a Lanham Act violation, which deals directly with the issue of confusion to the public and the advantages gained by businesses that try to piggyback on established brands and names. The founder of Kunoa Cattle Company, a meat processing plant in Hawaii, couldnt pay his employees, owed money to ranchers and had nearly a million dollars of cattle that had been slaughtered but not purchased. Over the last ten years, we have put millions back in the pockets of our customers. [11][12][13] He contributed $1.1million and helped to raise between $2million and $5million for Romney's 2012 campaign. [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. [143] The amendment was struck down as unconstitutional in 2014. Ranchers typically send weaned calves to feedlots on the mainland, where they are slaughtered, processed and sold. The former sugar cane land was once supposed to be developed as part of the Kealanani development into homes with requirements for homeowners to use their properties for agricultural uses. Some, it seems, tell it better than others. Providing exceptionally powerful genetics in large quantities at a price that everyone can afford. He announced that he had purchased the company and it would be known as Hawaii Meats. The ranch also runs 3,500 to 5,000 commercial cows and feeds about 11,000 head each year. In 2008, VanderSloot began a three-year term as one of the eight members of the Direct Selling Association's board of directors. 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. We decided to see if we could fill that niche, and it has been a long process. 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 . In addition, VanderSloot has also shipped 25 premium bulls from Idaho Falls to Hawaii with the intention of improving the genetic makeup of cattle on the islands, which is 40-50 years behind genetics on the mainland. He then. "[169] in reference to It's Elementary, a 1999 PBS documentary exploring how four schools dealt with homosexuality. He not only bought the entire operation on the island of Oahu, but paid $1.5 million to the ranchers and several others who were owed money. [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. If we dont get them bought, we are usually the contending bidder. Two weeks ago, VanderSloot held a special dinner in Hawaii for all Kunoa Cattle Company ranchers to pay them their past-due checks. We needed a lot of help cleaning up the financials and he was up to the challenge.. [187][188][189] In October 2015, the court granted summary judgment in favor of the defendants, finding that "all of the statements at issue are non-actionable truth or substantial truth",[190][191][192] although the judge also criticized the magazine's reporting in the article as "non-objective" and "biased. The 50 or so employees of Kunoa, who were worried about their jobs, now have secure employment and every one of them received a pay raise. He first worked in sales and marketing before moving to general management and operations. Riverbend Ranch. Brian was born June 28, 1974, in Seattle to Frank VanderSloot and Kathleen Zundel. The ranch also runs 3,500 to 5,000 commercial cows and feeds about 11,000 head each year. This is a game-changer. The estate was once a location for major Hollywood films such as Jurassic Park and Pirates of the Caribbean.. HONOLULU (HawaiiNewsNow) - Oahus Kua Aina Sandwich Shop claims a company owned by an Idaho billionaire is wrongfully using its name. Hirsch. Idaho's richest man, Frank VanderSloot, and his wife, Belinda, announced on Tuesday they would double their original donation of $500,000 to defend eastern Idahoans from a debt collection agency . Without a great cow, they are only halfway there. Today, Forbes magazine estimates this self-made billionaire's net worth at $3.1 billion. He is the founder and chief executive officer of Melaleuca, Inc. His other business interests include the Riverbend Ranch and Riverbend Communications. Our customer investment program has also proven to be a great success. We certainly didnt get all of them because most of those were not for sale. [127], In January 2013, VanderSloot filed a defamation lawsuit against Mother Jones magazine and two of its employees, seeking nearly $75,000 in damages, alleging that the magazine depicted him as a "gay-basher" in a February 2012 article titled "Pyramid-like Company Ponies Up $1 Million for Mitt Romney" and in two tweets promoting the article.