Close X

Read Our Blog

Marriott Hotel Heir Cut Out of Will Because He Divorced

Posted by Lizette Sundvick | Apr 19, 2018 | 0 Comments

“An heir to the Marriott hotel fortune claims his dad forced him out of the business and then cut him out of the family's nearly $3 billion trust — just because he got a divorce.”

John Marriott III said that his father, Bill Marriott, forced him out of the hotel empire and then cut him out of the family's $3 billion trust, when he divorced his wife Angela in 2015 against his dad's wishes.

The New York Post reported in its recent article, “Marriott heir sues dad for booting him from family trust over divorce,” that Bill Marriott also disowned his son, setting him on the path to financial ruin, according to the lawsuit filed by John in a Washington, DC court.

John also sued his uncle Richard because he and Bill, his brother, share control of the $2.8 billion trust established by John's grandparents J. Willard and Alice Marriott, the founders of the hotel chain.

The Marriott family are devout Mormons and strongly disapprove of divorce.

“To sue my dad and my uncle is the last thing I want to do, and the last thing I ever expected to do,” said the 56-year-old former Marriott executive.

Bill Marriott, 85, the hotel company's executive chairman, “has tried to take away everything that I've earned and everything that my grandparents left for me,” John said.

The suit's major claim is that his father and uncle breached their fiduciary duties by denying John his rightful share of the family fortune. His only crime, he told The Washingtonian, was “not maintaining the image of the perfect Mormon family.”

The punishment may seem harsh for a third-generation hotelier who started in the family business as a 15-year-old dishwasher. He climbed the corporate ladder to executive VP before exiting in 2006, one year after he sensed his father no longer thought him worthy of the top job.

The family trust, JWM Family Enterprises, owns 24.2 million shares of Marriott International and are worth about $2.7 billion. Chairman Bill has an additional 15.4 million shares, worth about $1.8 billion.

A spokesman for Bill and Richard Marriott told The Washingtonian that the brothers hadn't yet read the complaint. When they do, they'll see some dramatic admissions from John, who says that he contemplated suicide at age 11 and has long struggled with substance abuse.

About the Author

Lizette Sundvick

Lizette B. Sundvick is one of the longest practicing female attorneys in Las Vegas, Nevada. She has been a member of WealthCounsel, LLC since 2002 and has received training from various legal and coaching organizations, such as WealthCounsel, LLC, the Nevada WealthCounsel Forum (Founding President – 2009-2012), National Network of Estate Planning Attorneys,...

Comments

There are no comments for this post. Be the first and Add your Comment below.

Leave a Comment

Wonderful to Work With

“Lizette and the staff are wonderful to work with and always give us excellent, on target advice. The sense of protection and confidence we have with the Sundvick Legacy Center allows us to relax and enjoy life.”
- Shirley & Terry L.

Glad To Have Met Her

“Lizette sees the entire playing field and gets clients to see the same field. She interprets client goals well, even though the clients may not voice them adequately, if at all. We feel that she uses her extensive knowledge and tailors it for clients to make their situation better. We are exceedingly glad to have met her.”
- The Harris Family