Frank Vandersloot Net Worth is$1.2 Billion
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Profession: Businessperson

Date of Birth: Aug 14, 1948

Country: United States of America

Frank VanderSloot net worth: Frank VanderSloot is an American entrepreneur who has a net worth of $1.2 billion dollars. Frank VanderSloot grew up in Sheridan, Wyoming, Hardin, Montana, and Cocallala, Idaho. He joined The Church of Jesus Christ of Latter-Day Saints when he was 16, and went on a two-year mission. He then put himself through school by teaching missionaries Dutch, selling beef jerky and cream from his own cow, and working part-time at a laundromat. He earned his Associate's Degree in Business at Rick's College, and then completed his Bachelor's Degree at Brigham Young University. For the next ten years, he worked in sales and marketing at Automatic Data Processing. He then became Regional Vice President at Cox Communications. In 1985, he founded Melaleuca, Inc., a company that sells personal care and cleaning products, as well as nutritional supplements, via its own "Consumer Direct Marketing" plan. The company has been very successful, and now operates in multiple countries. Mr. VanderSloot's political financing and stance on LGBT issues has drawn fire from multiple groups over the years.
Frank L. VanderSloot (born August 14, 1948) is an American entrepreneur, radio network owner, rancher, and political campaign financier. He is the founder and chief executive officer of a multi-level marketing company. His other business interests include a ranch and a communications company. VanderSloot also serves on the board of directors and executive board of the U.S. Chamber of Commerce. In 2011,[update] the Land Report listed him as the nationa??s 92nd largest landowner.
VanderSloot served as a national finance co-chair for Mitt Romney's presidential campaigns in 2008 and 2012. He contributed $1.1 million and helped to raise between $2 million and $5 million for Romneya??s 2012 campaign. He has been a major financial contributor to Republican campaigns and paid for advertising in opposition to several Idaho Democratic political candidates. His public stances on gay-rights issues generated opposition from journalists, commentators, and gay-rights groups.
VanderSloot sponsors the Melaleuca Freedom Celebration, the largest annual Independence Day fireworks display west of the Mississippi. He was the primary financier of the American Heritage Charter School in Idaho Falls.
VanderSloot was born on August 14, 1948 to Peter Francis (Frank) VanderSloot (1913a??1982) and Margaret May Christensen Sindberg-Woodley VanderSloot (1924a??2004). After having resided in Sheridan, Wyoming and Hardin, Montana, his family relocated in 1949 to Cocolalla, Idaho, where VanderSloot was raised on a small ranch owned by his father, who also worked as a painter for the Northern Pacific Railway. VanderSloot graduated from Sandpoint High School in 1966. At the age of 16, he converted to The Church of Jesus Christ of Latter-day Saints (LDS), and later served on a two-year LDS mission in the Netherlands.
VanderSloot paid for his college education by selling cream from a cow his father had given him, working at a laundromat, selling beef jerky in bars, and teaching Dutch to futu

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Frank Vandersloot Latest News

Mitt Romney's Money Man: Who Is Frank L. VanderSloot?

DailyFinance has already brought you portraits of two of the mega-wealthy benefactors standing behind GOP candidates for president: Sheldon Adelson, the Las Vegas casino magnate who bankrolls the Gingrich-supporting super PAC "Winning Our Future," and ...
Posted: February 24, 2012, 8:20 am

How Frank VanderSloot, Wellness Billionaire And GOP Kingmaker, Became Idaho's Richest Person

Idaho’s wealthiest person, with an estimated net worth of $1.9 billion: Frank VanderSloot ... “This is not a get-rich-quick scheme,” VanderSloot told Forbes in 2004, but noted that the income can still “make a real difference to a family earning ...
Posted: June 21, 2017, 6:51 am

Frank VanderSloot talks about Forbes naming him the richest person in Idaho

Frank VanderSloot, the founder and CEO of Melaleuca, Inc. is the richest person in Idaho, according to a profile released Wednesday by Forbes. The magazine estimates VanderSloot’s wealth at $1.9 billion. It’s the first time Forbes has declared ...
Posted: June 26, 2017, 8:39 am

Frank VanderSloot named Idaho's richest person

Forbes recently profiled “Idaho’s richest person,” Melaleuca CEO Frank VanderSloot of Idaho Falls, whose wealth the magazine estimates at $1.9 billion. It’s an accolade that left VanderSloot with “mixed feelings” — one that he characterized ...
Posted: June 26, 2017, 7:10 pm

Forbes says there’s a new richest Idahoan, and he’s no small potatoes

Forbes on Wednesday profiled “Idaho’s richest person,” Melaleuca CEO Frank VanderSloot of Idaho Falls, whose wealth the magazine estimates at $1.9 billion. It’s an accolade that left VanderSloot with “mixed feelings” — one that he ...
Posted: June 21, 2017, 5:09 am
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