Frank L. VanderSloot
| Frank L. VanderSloot | |
|---|---|
 |
|
| Born |
August 14, 1948 Billings, Montana |
| Residence | Idaho Falls, Idaho |
| Nationality | American |
| Education | Bachelor of Business Administration |
| Alma mater | Ricks College and Brigham Young University |
| Occupation | Entrepreneur, investor, and CEO |
| Known for | 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 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 Melaleuca, Inc. His other business interests include the Riverbend Ranch and Riverbend Communications. 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 nation’s 92nd largest landowner. 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.
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 Romney’s 2012 campaign. He is a significant financial contributor to Republican presidential candidates and Idaho political campaigns. 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.
VanderSloot was born on August 14, 1948 to Peter Francis (Frank) VanderSloot (1913–1982) and Margaret May Christensen Sindberg-Woodley VanderSloot (1915–2004). The family lived in Sheridan, Wyoming and Hardin, Montana before moving in 1949 to Cocolalla, Idaho, where they lived on a ranch. The elder VanderSloot worked as a painter for the Northern Pacific Railway. Frank VanderSloot graduated from Sandpoint High School in 1966. At the age of 16, he joined The Church of Jesus Christ of Latter-day Saints (LDS), and later served on a two-year LDS mission in the Netherlands.
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