Elaine Tettemer Marshall (born July 22, 1942) is an American billionaire heiress. Trusts for the benefit of Marshall and her sons own the 16% beneficial interest in Koch Industries; 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 Tettemer Marshall | |
|---|---|
| Born | Elaine Tettemer July 22, 1942 |
| Known for | Along with her sons, she is the beneficial owner of 16% of Koch Industries |
| Spouse | E. Pierce Marshall (died in 2006) |
| Children | 2 sons |
| Relatives | J. Howard Marshall (father in-law) J. Howard Marshall III (brother in-law) |
Elaine has been a member of the board of directors of Koch Industries since the 2006 death of her husband.[1]
Legal issues edit
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 edit
References edit
- ^ "Forbes profile: Elaine Marshall". Forbes. Retrieved January 31, 2021.
- ^ "Marshall, E. Pierce, Ind. & v. Estate of J. Howard Marshall". July 16, 2015.
- ^ "UNITED STATES v. MARSHALL II". FindLaw. November 10, 2014.