Frank VanderSloot | |
---|---|
Born | Frank Leonard VanderSloot August 14, 1948 |
Nationality | American |
Education | Bachelor of Business Administration |
Alma mater | Ricks College and Brigham Young University |
Occupation(s) | Entrepreneur, investor, and CEO |
Known for | former CEO of Melaleuca, Inc. |
Board member of | United States Chamber of Commerce |
Spouse(s) | Belinda VanderSloot (married 1995–present) Vivian VanderSloot (divorced) Kathleen VanderSloot (divorced) |
Parent(s) | Peter Francis (Frank) VanderSloot Margaret May Christensen Sindberg-Woodley VanderSloot |
Frank Leonard VanderSloot[1] (born August 14, 1948) is an American entrepreneur, radio network owner, rancher, and political campaign financier. He is the founder and former chief executive officer of Melaleuca, Inc.[2][3] His other business interests include the Riverbend Ranch[4][5] and Riverbend Communications.[6] VanderSloot also serves on the board of directors and executive board of the U.S. Chamber of Commerce.[7][8] In 2011,[update] The Land Report listed him as the nation's 92nd largest landowner.[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.[9][10]
VanderSloot served as a national finance co-chair for Mitt Romney's presidential campaigns in 2008 and 2012.[11][12][13] He contributed $1.1 million and helped to raise between $2 million and $5 million for Romney's 2012 campaign.[14][15] He is a significant financial contributor to Republican presidential candidates and Idaho political campaigns.[16] He has also paid for advertising in opposition to several Idaho Democratic political candidates. VanderSloot is the primary financier of the American Heritage Charter School in Idaho Falls.[17][18][19]
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