Her estimated worth of $12.7 billion, says Newcomb, puts Elaine behind two Wall Mart heiresses, Alice and Christy Walton; and candy company beneficiary Jacqueline Mars.
Bloomberg says that the ability of Elaine and Piece Marshall to avoid publicity contrasted sharply with the ability of Pierce’s father, J. Howard Marshall, to attract it. He never did that better than in 1994, when, at the age of 89, he wed former stripper and Playboy model Anna Nicole Smith, 26, at the time. As J. Howard’s wife, she became Elaine’s mother-in-law.
Years of legal wrangling between Smith and the Marshall family followed J. Howard’s death in 1995, the upshot of which was that Smith never inherited a cent of the family fortune, says Bloomberg.
A representative for Elaine Marshall declined to comment on Bloomberg’s revelation of her wealth, beyond saying that Mrs. Marshall does not own any Koch stock in her own name.
- 4th Richest Woman In U.S. Discovered Hiding In Plain Sight In Texas, ABCNews.go.com, September 18, 2017.
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