Elaine Tettemer Marshall | |
---|---|
Born | Elaine Tettemer July 22, 1942 |
Known for | Beneficial ownership of 16% of Koch Industries |
Spouse | |
Children | 2 |
Relatives | J. Howard Marshall (father in-law) J. Howard Marshall III (brother in-law) |
Elaine Tettemer Marshall (born July 22, 1942) is an American billionaire heiress. Trusts for the benefit of Marshall and her two sons own the 16% beneficial interest in Koch Industries that were formerly owned by her husband, E. Pierce Marshall, to whom she was married from 1965 until his death in 2006. These shares were previously owned by her father in-law, J. Howard Marshall, who was married to actress Anna Nicole Smith in the last year of his life.
Elaine has been a member of the board of directors of Koch Industries since the 2006 death of her husband. [1]
After Anna Nicole Smith sued to lay a claim to the estate of J. Howard Marshall, Elaine's father in-law, Elaine was a party in several legal cases including Stern v. Marshall and Marshall v. Marshall . [2]
As a trustee and a beneficiary of various family trusts, she was also a defendant in a case, decided in 2014, regarding gift tax due from an indirect gift of shares of Koch Industries by her father in-law to these trusts in 1995. [3]
Vickie Lynn Marshall, known professionally as Anna Nicole Smith, was an American model, actress, and television personality. Smith started her career as a Playboy magazine centerfold in May 1992 and won the title of 1993 Playmate of the Year. She later modeled for fashion companies, including Guess, H&M, Lane Bryant, Conair, and Heatherette.
A trophy wife is a wife who is regarded as a status symbol for the husband. The term is often used in a derogatory or disparaging way, implying that the wife in question has little personal merit besides her physical attractiveness, requires substantial expense for maintaining her appearance, is often unintelligent or unsophisticated, does very little of substance beyond remaining attractive, and is in some ways synonymous with the term gold digger. A trophy wife is typically relatively young and attractive, and may be a second, third or later wife of an older, wealthier man. A trophy husband is the male equivalent.
Koch, Inc. is an American multinational conglomerate corporation based in Wichita, Kansas, and is the second-largest privately held company in the United States, after Cargill. Its subsidiaries are involved in the manufacturing, refining, and distribution of petroleum, chemicals, energy, fiber, intermediates and polymers, minerals, fertilizer, pulp and paper, chemical technology equipment, cloud computing, finance, raw materials trading, and investments. Koch owns Flint Hills Resources, Georgia-Pacific, Guardian Industries, Infor, Invista, KBX, Koch Ag & Energy Solutions, Koch Engineered Solutions, Koch Investments Group, Koch Minerals & Trading, and Molex. The firm employs 122,000 people in 60 countries, with about half of its business in the United States.
David Hamilton Koch was an American businessman, political activist, philanthropist, and chemical engineer. In 1970, he joined the family business: Koch Industries, the second largest privately held company in the United States. He became president of the subsidiary Koch Engineering in 1979 and became a co-owner of Koch Industries in 1983. Koch served as an executive vice president of Koch Industries until he retired due to health issues in 2018.
Ronald Owen Perelman is an American banker, businessman, investor, and philanthropist. MacAndrews & Forbes Incorporated, his company, has invested in companies with interests in groceries, cigars, licorice, makeup, cars, photography, television, camping supplies, security, gaming, jewelry, banks, and comic book publishing. Perelman holds significant shares in companies such as Deluxe Entertainment, Revlon, SIGA Technologies, RetailMeNot, Merisant, Scantron, Scientific Games Corporation, Valassis, vTv Therapeutics and Harland Clarke. He previously owned a majority of shares in AM General, but in 2020 sold the majority of his shares in AM General along with significant works of art, in light of the impact of the economy on the high debt burdens many of his companies have from leveraged buyouts. In early 2020, Revlon, acquired by Perelman in the 1980s, undertook a debt deal. Previously worth $19.8 billion in 2018, Perelman is, as of November 2022, worth $1.9 billion.
Liliane Henriette Charlotte Bettencourt was a French heiress, socialite and businesswoman. She was a board member and one of the principal shareholders of L'Oréal. At the time of her death, she was the richest woman, and the 14th richest person in the world, with a net worth of US$44.3 billion.
Anna Maria dePeyster is a British and Australian journalist and novelist. She became known as the second wife of media mogul Rupert Murdoch, and was a director at News Corp.
James Howard Marshall II was an American businessman, government official, lawyer, and legal scholar. He was involved with and invested in the American petroleum industry via his academic, government and commercial endeavors. He owned 16 percent of Koch Industries and was married to American model Anna Nicole Smith during the last 14 months of his life. His estate became the subject of protracted litigation, which was reviewed by the Supreme Court in Marshall v. Marshall and Stern v. Marshall. The court kept the will and testament intact and substantially all of the assets in Marshall's estate wound up in trusts for the benefit of his daughter-in-law, Elaine Tettemer Marshall, and her family.
Marshall v. Marshall, 547 U.S. 293 (2006), is a case in which the United States Supreme Court held that a federal district court had equal or concurrent jurisdiction with state probate (will) courts over tort claims under state common law. The case drew an unusual amount of interest because the petitioner was Playboy Playmate and celebrity Anna Nicole Smith. Smith won the case, but unsolved issues regarding her inheritance eventually led to another Supreme Court case, Stern v. Marshall. She died before that case was decided.
Everett Pierce Marshall was an American petroleum industry executive. He was the beneficial owner of 16% of Koch Industries, which he received as an inheritance from his father, J. Howard Marshall II. He spent the last 12 years of his life as a defendant in lawsuits by his stepmother, Anna Nicole Smith, and his brother, J. Howard Marshall III, who both sought part of his father's fortune after being left out of the will and testament.
Howard Kevin Stern is an American attorney based in California. He was the domestic partner, attorney and agent of the late model Anna Nicole Smith. He became known as a co-star on Smith's 2002–2004 reality television series The Anna Nicole Show. As of 2019 he works with the Los Angeles Public Defender's Office.
The Dannielynn Hope Marshall Birkhead paternity case, a.k.a. Birkhead v. Marshall, was a high-profile legal battle that revolved around the paternity of Anna Nicole Smith's daughter, Dannielynn. Larry Birkhead, Smith's former love interest, filed a lawsuit against Howard K. Stern, Smith's live-in partner who was listed as the father on the birth certificate, seeking to establish his paternity rights. Dannielynn stood to inherit a substantial fortune if Smith's estate succeeded in its ongoing legal battle to claim inheritance from her late husband, an affluent oil tycoon. Given its significant implications and media coverage, the case involved various legal proceedings and garnered substantial public attention. G. Ben Thompson, a former boyfriend of Smith's who worked as a real-estate developer in South Carolina, claimed that pregnant Smith approached him to inform him that he was the father of her unborn child, but he balked telling Smith that was impossible because he had a vasectomy.
James Howard Marshall III is president and owner of MDH Industries, an electronics company based in Monrovia, California. He is the eldest son of J. Howard Marshall II, who owned 16% of Koch Industries.
Kelly Moore is an American author and former attorney.
David Ormon Carter is a United States district judge of the United States District Court for the Central District of California.
Charles de Ganahl Koch is an American billionaire businessman. As of February 2024, he was ranked as the 23rd richest man in the world on the Bloomberg Billionaires Index, with an estimated net worth of $64.9 billion. Koch has been co-owner, chairman, and chief executive officer of Koch Industries since 1967, while his late brother David Koch served as executive vice president. Charles and David each owned 42% of the conglomerate. The brothers inherited the business from their father, Fred C. Koch, then expanded the business. Koch Industries is the largest privately held company by revenue in the United States, according to Forbes.
Stern v. Marshall, 564 U.S. 462 (2011), was a United States Supreme Court case in which the Court held that a bankruptcy court, as a non-Article III court lacked constitutional authority under Article III of the United States Constitution to enter a final judgment on a state law counterclaim that is not resolved in the process of ruling on a creditor's proof of claim, even though Congress purported to grant such statutory authority under 28 U.S.C. § 157(b)2(C). The case drew an unusual amount of interest because the petitioner was the estate of former Playboy Playmate and celebrity Anna Nicole Smith. Smith died in 2007, before the Court decided the case, which her estate lost.
The Anna Nicole Story is an American biographical drama television film about late actress and Playboy Playmate Anna Nicole Smith. The film stars Agnes Bruckner as Smith and was distributed by Lifetime Movie Network. It premiered on June 29, 2013.
Julia Margaret Flesher Koch is an American socialite and philanthropist who is one of the richest women in the world. In the Forbes ranking for September 2024, her fortune was over $74 billion. She inherited her fortune from her husband, David Koch, who died in 2019.