Mary Alice Dorrance Malone

$3.84 B

Ranked #886 in World

About Mary Alice Dorrance Malone

As the largest shareholder and a pivotal board member of the Campbell Soup Company, American billionaire Mary Alice Dorrance Malone is an embodiment of her family's legacy, carrying forward the prosperity initiated by her grandfather, John Thompson Dorrance. An alumna of the University of Arizona, Malone oversees significant corporate influence following her father, John T. "Jack" Dorrance Jr's demise. Her equestrian passion complements her business acumen, with estates in Pennsylvania and Florida reflecting her interest. Despite facing personal adversities, including an extortion plot, Malone remains a prominent figure in corporate America.

Born

February 03, 1950

Source Of Wealth

Campbell Soup

Industries

Food & Beverage

Citizenship

United States

Residence

Coatesville, Pennsylvania

Education

Bachelor of Arts/Science, University of Arizona

Spouse

Stuart Malone (divorced, mid-1990s)

Children

Mary Alice Dorrance Malone, an American billionaire and heiress to the Campbell Soup Company fortune, was born into a prominent family. She is the daughter of John T. "Jack" Dorrance Jr and granddaughter of John Thompson Dorrance, the founder of the Campbell Soup Company. Mary Alice Dorrance Malone holds a bachelor's degree from the University of Arizona.

Mary Alice Dorrance Malone: Family

Mary Alice Dorrance Malone's family has a long history in the food industry. Her grandfather, John Thompson Dorrance, founded the Campbell Soup Company in 1897. Her father, John T. "Jack" Dorrance Jr, served as the company's president and CEO from 1962 to 1989. Mary Alice Dorrance Malone has two brothers, Bennett Dorrance and John T. Dorrance III.

Mary Alice Dorrance Malone: Career Highlights

Mary Alice Dorrance Malone inherited roughly one-third of the Campbell Soup Company after her father's death in 1989, along with her two brothers. She currently serves as the company's largest shareholder and a board member, alongside her brother Bennett Dorrance. Mary Alice Dorrance Malone is actively involved in the company's decision-making and strategic planning.

Mary Alice Dorrance Malone: Companies

Mary Alice Dorrance Malone is primarily associated with the Campbell Soup Company, where she holds a significant stake and serves as a board member. However, she may have interests in other companies or investments outside of the food industry.

Mary Alice Dorrance Malone: Major Achievements

Mary Alice Dorrance Malone's major achievements include her successful stewardship of the Campbell Soup Company's legacy and her contributions to the food industry. She has helped maintain the company's position as a leading global food brand and has overseen its growth and expansion.

Mary Alice Dorrance Malone: Awards & Achievements

Information about Mary Alice Dorrance Malone's specific awards and achievements is not readily available. However, given her prominence in the business world and her contributions to the food industry, it is likely that she has received recognition and accolades for her work.

Mary Alice Dorrance Malone: Personal Life & Legacy

Mary Alice Dorrance Malone's personal life includes her previous marriage to Stuart Malone, which ended in divorce in the mid-1990s.

She has two children and resides in Coatesville, Pennsylvania. Mary Alice Dorrance Malone is known for her passion for equestrian sports and owns extensive estates and performance centers in Pennsylvania and Florida. In 2006, she purchased an oceanfront home in Barnegat Light, New Jersey.

Mary Alice Dorrance Malone: Trivia

Mary Alice Dorrance Malone faced an extortion attempt in 2009-2010 involving a tell-all book and movie about her personal life by her former cook and confidante. The situation was eventually resolved, and no book or movie was released.

Wealth History

Timeline

1989

Mary Alice Dorrance Malone inherits roughly one-third of the Campbell Soup Company after her father's death.

Mid-1990s

Mary Alice Dorrance Malone divorces her husband, Stuart Malone.

2006

Mary Alice Dorrance Malone purchases an oceanfront home in Barnegat Light, New Jersey.

2009-2010

Mary Alice Dorrance Malone experiences an extortion attempt involving a tell-all book and movie about her personal life by her former cook and confidante.

Mary Alice Dorrance Malone : FAQs

What is Mary Alice Dorrance Malone's net worth?

As of 2024, Mary Alice Dorrance Malone's net worth was $3.84 billion.

What is the recent change in Mary Alice Dorrance Malone's net worth?

Mary Alice Dorrance Malone's net worth decreased by 20.78 million dollars recently, a 0.54% decrease, with her net worth standing at 3.84 billion dollars.

What are Mary Alice Dorrance Malone's main sources of wealth?

Mary Alice Dorrance Malone's main source of income comes from Campbell Soup.

In which industry does Mary Alice Dorrance Malone primarily operate?

Mary Alice Dorrance Malone is primarily involved in the Food & Beverage industry.

What is Mary Alice Dorrance Malone educational background?

Mary Alice Dorrance Malone holds a Bachelor of Arts/Science from the University of Arizona.

How many children does Mary Alice Dorrance Malone have?

Mary Alice Dorrance Malone has 2 children.

Who is Mary Alice Dorrance Malone and what is her connection to Campbell Soup Company?

Mary Alice Dorrance Malone is an American billionaire and heiress to the Campbell Soup Company fortune. She inherited approximately one-third of the company after her father's death in 1989 and is the company's largest shareholder and a member of the board.

Can you tell us about Mary Alice Dorrance Malone's family and early life?

Mary Alice Dorrance Malone is the daughter of John T. 'Jack' Dorrance Jr. and the granddaughter of John Thompson Dorrance, the chemist who invented the formula for condensed soup and established the foundation of the Campbell Soup Company.

What details are available about Mary Alice Dorrance Malone's personal life?

Mary Alice Dorrance Malone was previously married to Stuart Malone and got divorced in the mid-1990s. She is a mother of two, lives in Coatesville, Pennsylvania, and is known for her passion for equestrian sports, owning extensive estates and performance centers for horses.

Has Mary Alice Dorrance Malone faced any personal challenges or legal issues?

In 2009-2010, Mary Alice Dorrance Malone was the target of an extortion attempt involving a former cook who threatened to release a tell-all book and movie about her personal life. She also owns properties, including an oceanfront home purchased in Barnegat Light, New Jersey in 2006.