Elaine Tettemer Marshall

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Elaine Tettemer Marshall
Born
Elaine Tettemer

(1942-07-22) July 22, 1942 (age 81)
Known forAlong with her sons, she is the beneficial owner of 16% of Koch Industries
SpouseE. Pierce Marshall (died in 2006)
Children2 sons
RelativesJ. 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 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 has been a member of the board of directors of Koch Industries since the 2006 death of her husband.[1]

Legal issues

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. ^ "Forbes profile: Elaine Marshall". Forbes. Retrieved January 31, 2021.
  2. ^ "Marshall, E. Pierce, Ind. & v. Estate of J. Howard Marshall". July 16, 2015.
  3. ^ "UNITED STATES v. MARSHALL II". FindLaw. November 10, 2014.