- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $1.2 Billion
- Birthdate:
- Aug 14, 1948 (75 years old)
- Gender:
- Male
- Profession:
- Businessperson
- Nationality:
- United States of America
What is Frank VanderSloot's 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.
