Get sick, get well
Hang around a ink well
Ring bell, hard to tell
If anything is goin' to sell
-- Bob Dylan

Tuesday, September 6, 2011

The billionaire boys (and girls) club

Charles (left) and David Koch.
Gavin Arensen at Mother Jones gives us a list of the biggest wing-nut billionaires who play with the Koch Bros. in their Vail, Colorado retreat. It includes:
The DeVoses: Rich and Helen DeVos hail from Michigan. The cofounder of Amway and owner of the NBA's Orlando Magic, Rich DeVos is reportedly worth in the ballpark of $4.2 billion. The Richard and Helen DeVos Foundation funds conservative Christian groups such as Focus on the Family. The DeVoses are big enough political donors to have their own profile at
The Griffins: Ken and Anne Dias Griffin are a hedge fund power couple from Chicago who wed in 2003. Ken is the founder and CEO of Citadel and is reportedly worth $2.3 billion. Anne founded one of the nation's largest woman-run hedge funds, Aragon Global Management. Ken bundled money for both President Barack Obama and Sen. John McCain during the 2008 election.

The Marshall family: Elaine Marshall of Dallas is the widow of E. Pierce Marshall, a son of oil tycoon J. Howard Marshall who served on the board of Koch Industries before his death. Elaine was involved in a successful effort to prevent the late Playboy Playmate Anna Nicole Smith, who married Howard when he was 89, from inheriting the family's wealth. Before Smith's death, she was investigated by the FBI but never prosecuted in a murder-for-hire plot against Pierce. In the end, Pierce inherited the bulk of his father's wealth because he and his father had previously helped Charles and David Koch thwart a takeover of Koch Industries; Howard's eldest son—also named Howard—sided against his father and was disinherited as a result. Meanwhile, Elaine's son, E. Pierce Marshall Jr., is senior vice president and general counsel at oil exploration company MarOpCo. Another son, Preston Marshall of Houston, is the president of MarOpCo.

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