Elaine Tettemer Marshall is a rich heiress from the United States. Marshall and her sons own a 16 percent beneficial interest in Koch Industries, which was previously owned by her husband, E. Pierce Marshall, with whom she was married from 1965 to 2006. J. Howard Marshall, her father-in-law, had previously owned these shares while he was married to Anna Nicole Smith in his final year of life.
Elaine Marshall net worth and Biography
|Net worth||$21 billion|
|Date of birth||July 22, 1942|
Elaine Marshall’s net worth is $21 billion as of 2022, making her one of the world’s wealthiest women. Elaine Marshall owns almost 15% of Koch Industries, a company controlled by Charles and David Koch, the world’s richest brothers, in trusts for herself, her two sons, and other family. It was left to her by her husband, E. Pierce Marshall.
Elaine was born on July 22, 1942, in New York City.
Her husband, E. Pierce Marshall (d. 2006), was the son of J. Howard Marshall II, who acquired the Koch stake by investing in a refinery company that was later acquired by Koch Industries. Due to J. Howard II’s financial and romantic adventures, the family is spending millions on lawyers; a federal court in New Orleans is considering the IRS’s claim on more than $75 million in back taxes; and last year, a federal judge ordered the family to pay up to $49 million to Dannielynn Smith, heir to J. Howard’s widow, Playboy Playmate Anna Nicole Smith