James Howard Marshall III (born February 6, 1936) is president and owner of MDH Industries, an electronics company based in Monrovia, California.
Even though the shares are worth billions today, at the time, his father thought the price was exorbitant and cut Marshall III out of his will and testament, saying the $8 million was "all he'd get".
[3] In March 2001, a Texas probate jury found that J. Howard's will and trust were valid and had not been executed under fraud or malice, Pierce had not committed any wrongdoing, and that Marshall III and his father's widow, Anna Nicole Smith, were not entitled to any part of his estate.
[5] Even though the award was reduced to $11 million plus legal fees, Marshall III filed bankruptcy on July 11, 2002.
[6] J. Howard Marshall III played himself in The Life and Death of Anna Nicole, a TV movie documentary released in 2007, and was featured in a 2001 episode of E!