Portrait of Mary Alice Dorrance Malone

Rank #1087

Mary Alice Dorrance Malone

Net worth $3.6B

Campbell Soup · United States

Born
Feb 03, 1950
Age
76
Source
Campbell Soup
Residence
Coatesville, Pennsylvania
Citizenship
United States
Marital status
Divorced
Children
2
Education
Bachelor of Arts/Science, University of Arizona

Net worth over time

Biography

  • Mary Alice Dorrance Malone is the largest shareholder of the Campbell Soup Company.
  • She sits on Campbell's board alongside her cousin Archbold van Beuren and her nephew Bennett Dorrance Jr.
  • Her grandfather, John T. Dorrance, invented the condensed-soup formula that transformed the company in 1897.
  • Billionaire Daniel Loeb's activist hedge fund, Third Point, tried unsuccessfully to oust her and other board members in 2018.
  • Malone is the president of Iron Spring Farm, a horse breeding and training company with expansive properties in Pennsylvania and Florida.

Financial assets

Exchange Ticker Company Shares Price Currency