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
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