Elaine Marshall's Biography

Elaine Tettemer Marshall is a renowned American businesswoman and billionaire, best known for her significant stake in Koch Industries, one of the largest privately held companies in the world. Born on July 22, 1942, Elaine’s entry into the world of high finance and industry was solidified after inheriting her late husband E. Pierce Marshall’s shares in Koch Industries. This inheritance positioned her as one of the most influential women in business and one of the wealthiest individuals in the United States. Despite her immense wealth, Elaine is notably private, rarely making public appearances or engaging in media interviews. She is also known for her philanthropic efforts, supporting various charitable and cultural organizations. Elaine’s life was marked by highly publicized legal battles over her late husband’s estate, including a famous dispute with model Anna Nicole Smith. Her steady leadership and low-profile approach have helped maintain and grow her family’s fortune, while she continues to focus on legacy and philanthropy. As of 2024, her net worth is estimated at $21 billion, making her a key figure in American business and an inspiration for women in leadership.