John Dorrance III
$3.2B
Born
Jan 01, 1944
Age
81
Source of Wealth
Campbell Soup
Residence
Dublin,
Citizenship
Ireland
Marital Status
Married
Children
2
Education
- John Dorrance is an heir to the Campbell's Soup fortune; his grandfather invented the Campbell's formula for condensed soup.
- His relatives are still the company's largest shareholders, but he sold his stake in the mid-1990's and emigrated to Ireland.
- His move was presumably timed to avoid capital gains taxes when he sold his Campbell's stake.
- The Irish government reportedly gave Dorrance citizenship in 1995 when he spent $1.5 million planting trees.
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