At one point, earlier testimony showed, Burke told Stephens if he did anything to make Hodges feel uncomfortable, it wont end well for you.. Stephens at some point asked kidnappers what it would take for them to leave him alone and Hodges replied, $400,000. Another Alabamian who has not been identified as a billionaire by Forbes -- long considered the leading authority on the topic -- is George Barber. But the former racecar driver is also undoubtedly one of the richest residents of Alabama, having succeeded his father at the helm of Barber's Dairy. [5], Alys Robinson Stephens Performing Arts Center, In Memoriam: Elton Bryson Stephens, 1911-2005, Stephens family may be better known in Birmingham for generosity than $4 billion wealth, "EBSCO: Building a Family Conglomerate on Values and Capital | The Family Business Consulting Group", America's Richest Families: Stephens family. Because private wealth is not a matter of public record, there's no telling if a sleeper billionaire is holed up somewhere in a rural Alabama cabin, or perhaps even sitting at the helm of one of the state's other successful companies. Two people are behind bars after prominent Birmingham businessman Elton B. Stephens Jr. was kidnapped during a home invasion. Elton Stephens believes anyone can successfully sell anything. can stop at any time. A search is underway for the man convicted in the kidnapping of prominent Birmingham businessman Elton B. Stephens after he was accidentally released from jail. Hodges two children ages 11 and 13 were with Hodges and Burke throughout the entire ordeal. In addition to his parents, he was preceded in death by his wife Carolyn Frink Stephens and a sister, Cecile Stephens Kennedy. Investigators were able to track down the suspects by obtaining GPS location information that was on Stephens phone. [2] They also paid $15 million for the construction of the Elton B. Stephens Science Center on the campus of BirminghamSouthern College. Stephens, Jr. most recently served as . A memorial service will be held at a later date. He is approximately 5'7 tall, 170 lbs. Select the next to any field to update. Mount Moriah Terrace Park Funeral Home 801 Northwest 108th Street, Kansas City (816) 734-5500 Alexander - White - Mullen Funeral Home 11101 Saint Charles Rock Road, St. Ann (314) 739-1133 Debo Funeral Home 833 Court Street, Fulton (573) 642-2211 Nunnelee Funeral Chapel 205 North Stoddard, Sikeston (573) 471-2242 Updated: November 4, 2011 . Joni Money said sheriffs officials are investigating the circumstances surrounding Burkes release but said they did not have any documentation that Burke was to remain in custody. Elton C Stephens of Montgomery, Montgomery County, Alabama was born on September 7, 1926. What started as Military Service Co. selling magazine subscriptions to military bases evolved to become EBSCO Industries, a global company with nearly 6,000 employees and nearly 50 different companies operating in 23 countries. Elton Jr. has always been kind of the black sheep of the family and was not heavily involved in the family business. We know that Elton R Stephens had been residing in Medford, Jackson County, Oregon 97504. Share memories and family stories, photos, or ask questions. Two people have been arrested and are being held in the Jefferson County Jail without bond following the kidnapping and release of prominent retired businessman Elton B. Stephens Jr. "Elton . and you'll be alerted when others do the same. Hodges gave them consent to search the residence and thats when authorities found several guns, a Yeti cooler, a camera and cash that had been taken from Stephens home. The family, which inherited Stephens's wealth after his death in 2005, has never before discussed its finances with the media. Burke was sentenced to 17 years, and Hodges to 12 years, in the federal penitentiary system. 2023 Advance Local Media LLC. In fact, it has never actually been clear whether Harbert truly was the richest Alabamian, let alone the state's only billionaire. He also left one of his grandsons a few hundred thousand dollars' worth of stock. Perhaps that will be enough incentive for Mr. Burke to turn himself in, Spina said. BY ANCESTRY.COM. Friends can be as close as family. 04-March, 1:30 PM, First Baptist Richmond Hill, Glennville City Cemetery. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. He has served as chairman of the Board of Trustees for Birmingham-Southern College and had numerous scholarships established in his name at both his alma maters; his honors and accolades abound. Your email will not be used for any other purpose. Hodges gave them consent to search the residence and thats when authorities found several guns, a Yeti cooler, a camera and cash that had been taken from Stephens home. That led them to the location where Stephens had been taken. Mr. Elton L. Tebo Stephens, 89, of Wadesboro, NC, went home to be with the Lord on Sunday, March 3, 2019. U.S., Newspapers.com Obituary Index, 1800s-current. Enter Sheriffs Sgt. Named by Forbes as the 66th richest family in America, the Stephenses of Birmingham reportedly had a net worth of $4 billion as of last year. Baker McCullough Funeral Home Danyse G. Edel "When I was four, I had pneumonia, and I remember my father often standing over my crib and entertaining . Matthew Amos Burke, 34, and Tabatha Nicole Hodges, 33, are charged with burglary, kidnapping an adult for ransom, extortion and theft of property. In 1928, after graduating from Barbour County High School, Elton set off for Birmingham-Southern College with just $125. For years he has been referred to as a billionaire in news articles and other forums, but any definitive proof of the extent of high his net worth remains elusive. Looking for Elton Stephens online? Founded in 1944 by the late Elton B. Stephens, EBSCO Industries, Inc. has evolved into a global company with businesses in various industries, including Information Services, Outdoor Products . In Birmingham his name is perhaps most commonly associated with Barber Motor Sports Park and Museum, home to the world's largest collection of motorcycles, to which he has contributed tens of millions of dollars. You can still show your support by sending flowers directly to the family, or plant a tree in memory of Elton Stephens. Elton R Stephens Elton Stephens (1933 - 2006) Jump to: . Hodges told investigators Stephens had given the items to them willingly, but court records stated that they said they would kill him if he called anyone. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. Stephens chaired the Alabama Symphonic Association at the time, but it was his $15 million contribution to revive theAlabama Symphony Orchestra that gave it new life with an initial $5 million startup operating fund and a $10 million endowment that ensured its survival. was released from the Jefferson County Jail, Buy newspaper front pages, posters and more. One of the vehicles belonged to Stephens but the detective said the suspects made him sign a $10 bill of sale for his truck. Authorities went there on Saturday, Sept. 12, and both Burke and Hodges were there. Stephens was taken to the suspects home in Remlap and held against his will for eight hours. He kept asking me why didnt I want it, but I didnt fall for that one.. Stephens gave $1 million to theUnited Way of Central Alabama in 1997, one of many large personal donations he made to the charitable group. Read more about the life story of Elton and share your memory. 21 death records. Though the Stephens family's denying the $4 billion figure leaves major questions unanswered, the Stephenses are clearly some of the wealthiest people in the state, and they should be on any shortlist of potential heirs to Harbert's title. Founder and chairman of the board of EBSCO Industries, Inc., Elton Bryson Stephens was born August 4, 1911, to parents Clara Stuckey and James Nelson Stephens in Clio, Alabama. 1892 - 1976. Authorities went there on Saturday, Sept. 12, and both Burke and Hodges were there. 1973, and has spent the past eight and a half years serving as President and CEO only the third President in EBSCO's 70- year history. As listed in Whos Who, they encompass both the capitalistic and altruistic aspects of his personality: Invest/reinvest earnings to create employment/profits for growth/expansion. BIRMINGHAM, Ala. (WIAT) Two people are behind bars after allegedly kidnapping Birmingham businessman and philanthropist Elton B. Stephens Jr. and forcing him to wire hundreds of thousands of dollars to them after stealing his vehicle, multiple guns, and jewelry last week. Arrangements in Whiteville are being handled by McKenzie Mortuary. After hearing that Peary had beaten him to the North Pole, Amundsen decided to tackle the South Pole. A former employee of the Justice Department, Hoover accepted his new position on the proviso that the bureau was to be completely divorced from politics and that the director report only to the attorney general. James Lewis Stephens. It was Elton and Jim who initiated EBSCO's $2.5 million contribution to the University of Alabama's capital campaign in 1995. Burke was transferred to the Jefferson County Jail from a neighboring agency which was holding Burke for the feds Nov. 24 to attend court. Funeral Home website by. A pair of kidnappers has been arrested after abducting a retired Alabama businessman and forcing him to pay a $250,000 ransom to gain his freedom, AL.com reports.. Summers were spent working for Butterick, selling subscriptions to that once-famous dress pattern makers magazine, and in 1930 Elton and five friends hitchhiked north to Michigan to sell subscriptions door-to-door all day. By 1936, at 25 years old, Elton had graduated from the University of Alabama Law School and was earning more money weekly managing sales people part-time than a starting . Money said it was discovered around 3:30 p.m. Monday that Burke should have been held for transfer to federal prison, where he was to serve an already imposed sentence. In 1998, Barber sold the dairy company--which had sales of more than $200 million per year at the time--to Dean Foods Company, and he has since turned his focustothe motorcycle museum and other pursuits. As of 2014, the Stephens family had a net worth of over $4 billion, according to Forbes . Cookie Settings/Do Not Sell My Personal Information. For the Stephens family, it all traces back to patriarch, the late Elton B. Stephens, and a $5,000 investment he made to start a business in 1944 along with his wife, Alys Robinson Stephens. Founder and chairman of the board of EBSCO Industries, Inc., Elton Bryson Stephens was born August 4, 1911, to parents Clara Stuckey and James Nelson Stephens in Clio, Alabama. Cookie Settings/Do Not Sell My Personal Information. One of the vehicles belonged to Stephens but the detective said the suspects made him sign a $10 bill of sale for his truck. Burke was sentenced to 17 years, in the federal penitentiary system Stephens phone Alabama! 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