J howard marshall iii biography definition

American owner of MDH Industries

James Howard Marshall III (born February 6, ) is president and owner of MDH Industries, an electronics company based in Monrovia, California.

Who Is J. Howard Marshall III? Age, Net Worth, Relationships ...

He is the eldest son of J. Howard Marshall II, who owned 16% of Koch Industries.

Conflict with his father

At his wedding in , Marshall III and his brother, E. Pierce Marshall, were each given shares representing a 4% stake in Koch Industries by their father, J. Howard Marshall II, who said "these are the crown jewels, take care of them."^[1]

In , the four sons of Fred C.

Koch fought over control of Koch Industries, founded by their father. Marshall III sided with Bill Koch and Frederick R. Koch, while J. Howard Marshall II and E. Pierce Marshall sided with Charles Koch and David Koch.^[1] Charles and David got control of the company in ^[1]

Marshall II then demanded that Marshall III return the 4% interest in Koch Industries that was gifted to him.