The richest people in Idaho and how they got rich

Ah wealth, something so many of us dream of. How does this happen to those who have immense wealth? Here are some of Idaho’s richest people and the stories of how they got there.

Does the name Brad Duke sound a bell? In 2005, he won the biggest lottery prize ever won in Idaho. As much as $ 220 million. According to KTVB, “Duke worked in the management of Treasure Valley Gold and was passionate about his career path in the field” prior to winning. He spent a lot of time and money donating. “Duke has worked on donations and contributions to the Idaho community through the Duke Family Foundation.” Duke told KTVB: “We didn’t have much when we grew up, but for my parents to take a look at what we did in our family name and see how proud my dad is, it’s as good as the projects themselves back then.”

Although he is no longer with us, the story of JR Simplot’s creation (Jan 4, 1909 – May 25, 2008) is something worth telling. Celebritywealth.com says: “JR Simplot Net Worth: JR Simplot was an American potato grower and billionaire with a net worth of $ 3.7 billion. JR Simplot founded an agricultural supply company, JR Simplot Company, which focused on the production of potatoes. was the fulfillment of the American dream, when he gave up on $ 80 in his pocket from a 14-year-old to a tycoon with a net worth of more than three billion dollars at the time of his death. “

Joe Albertson also died (October 17, 1906 – January 20, 1993), but that’s another story of hard work and determination that leads to wealth. Wikipedia says: “After graduating from Caldwell High School in 1925, Albertson studied business for two years at the College of Idaho in Caldwell. At thirty-two (and had to borrow money) Albertson opened his first store in 1939 on three principles: quality, good quality and excellent service. Joe and his wife founded the JA and Kathryn Albertson Foundation, which has donated over $ 750 million to the Idaho communities. “

Idaho’s richest person in Idaho who is still alive is Frank VanderSloot with a net worth of $ 3.5 billion but was born into a poor farming family. According to Celebrity Net Worth: “In 1985, he founded, founded and founded Melaleuca, Inc., a company that sells over 400 personal care and cleaning products, as well as dietary supplements, under its own Consumer Direct Marketing plan. has grown exponentially and is now operating in several countries. Frank lives in Idaho Falls, where Melaleuca is headquartered. In addition to his responsibilities at Melaleuca, Frank VanderSloot owns several large cattle ranches and one of the largest and most elite registered Angus herds in the country, and owns approximately 117,500 acres in Idaho, Utah and Montana. ”

Information for this article was provided by several sources including: Forbes, Wikipedia, Melaleuca, Inc, and Celebrity Net Worth.

SEE: Here is the richest city in each state

Just saying the names of these cities immediately evokes images of magnificent mansions, luxurious cars and elegant restaurants. Read on to see which city in your home state has earned the title of richest location and which place had the highest median income in the country. Who knows – your hometown may even be on this list.

$ 27 million Coeur d’Alene mansion

The remarkable $ 4.8 million eagle house has its own private beach

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