Elaine Tettemer Marshall

Elaine Tettemer Marshall
Born Elaine Tettemer
(1942-07-22) July 22, 1942
Residence Dallas, Texas
Known for Along with her sons, she is the beneficial owner of 16% of Koch Industries
Net worth US $16.4 billion (trusts for her family)[1]
Spouse(s) E. Pierce Marshall (died in 2006)
Children Preston Marshall
E. Pierce Marshall Jr.
Relatives Anna Nicole Smith
J. Howard Marshall (father in-law)
J. Howard Marshall III (brother in-law)

Elaine Tettemer Marshall (born July 22, 1942) is an American billionaire as a result of an inheritance. Trusts for the benefit of Marshall and her sons own the 16% beneficial interest in Koch Industries that was formerly owned by her husband, E. Pierce Marshall, to whom she was married from 1965 until he died in 2006. These shares were previously owned by her father in-law, J. Howard Marshall, who was married to 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]

See also

References

  1. 1 2 "Forbes: Elaine Marshall". Forbes.
  2. ↑ "Marshall, E. Pierce, Ind. & v. Estate of J. Howard Marshall". July 16, 2015.
  3. ↑ "UNITED STATES v. MARSHALL II". FindLaw. November 10, 2014.
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