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Forbes Daily Briefing

These Billionaire Brothers Have Been Pardon-Hunting. One Donated To Trump’s White House Ballroom.

Forbes Daily Briefing

Forbes

Careers, Business, News, Entrepreneurship

4.612 Ratings

🗓️ 13 November 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Donald and Stefan Brodie built a resin manufacturing business, then sold it for billions, but are still dogged by a criminal conviction over two decades ago.

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Transcript

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0:00.0

Here's your Forbes Daily Briefing, bonus story of the week.

0:04.9

Today on Forbes, these billionaire brothers have been pardon hunting, one donated to Trump's White House ballroom.

0:13.1

The list of billionaires and companies who have donated to help build a gigantic, gilded ballroom, where the east wing of the White House used to be,

0:21.4

has plenty of familiar names on it.

0:23.6

Amazon, Apple, Comcast, Miriam Adelson, the Winklevoss twins.

0:29.8

And then there's Stefan E. Brody.

0:33.2

Brody, it turns out, is one more billionaire.

0:36.4

He and his brother Donald co-founded Puralite,

0:39.2

a company that manufactures resins used for water purification across a range of industries.

0:44.9

The brothers later sold it to Chemicals Giant Ecolab in 2021 for $3.7 billion. When Steve Brody

0:53.1

showed up on the Trump Ballroom donor list, he raised his profile,

0:56.9

and now he and his brother are the newest members of the Forbes' billionaires list.

1:01.8

Assuming they own the company 50-50, they're each worth about $1.7 billion today, Forbes estimates.

1:09.0

The Brodies started Puralight in 1981 in Don's basement in Pennsylvania.

1:14.6

They found their niche, distributing high-end ion exchange resins, essentially specialized balls of

1:20.5

plastic used for water purification, drug manufacturing, pollution cleanup, and other processes.

1:26.9

Four years later, Purolite made the jump to manufacturing,

1:30.2

opening a converted factory in Ponticlean, South Wales, in the United Kingdom. In 1987, the Brodies

1:36.8

began manufacturing in Philadelphia as well, lost their factory to a fire a year later, then rebuilt

1:42.8

an even bigger facility as demand ramped

1:45.3

up.

1:46.7

The 1990s brought more plants in newly liberalized China and behind the collapsed iron curtain

...

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