John Dorrance III

John Dorrance III (born 1943/1944) is an American-born Irish billionaire businessman and Campbell's Soup heir. He is also known as "Ippy" Dorrance.

John Dorrance III
Born1943/1944 (age 76–77)[1]
US
NationalityIrish
OccupationHeir
Known forCampbell's Soup heir
Net worthUS$2.6 Billion (February 2021)[1]
Spouse(s)Married
Children2 sons
Parent(s)John T. "Jack" Dorrance Jr
RelativesJohn Thompson Dorrance (grandfather)

Early life

He is the son of John T. "Jack" Dorrance Jr. (1919–1989), and grandson of John Thompson Dorrance.[1][2]

Career

As of September 2019, Forbes estimated his net worth at US$2.6 billion.[1]

Personal life

For 15 years he lived on a ranch in Wyoming, before moving to Ireland. The Philadelphia Inquirer reported that, "In Ireland, he can pay half the 30 percent U.S. tax rate on dividends, and when he dies, his estate will be taxed at 35 percent, rather than 55 percent in the United States."[2]

He is married with two children and lives in Dublin.[1]

References

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.