Mary Alice Dorrance Malone

Mary Alice Dorrance Malone is an American billionaire and heiress to the Campbell Soup Company fortune.

Mary Alice Dorrance Malone
Born1949/1950 (age 70–71)
NationalityAmerican
Alma materUniversity of Arizona
Known forlargest shareholder, Campbell Soup Company
Net worthUS$3.8 billion (July 2020)[1]
Board member ofCampbell Soup Company
Spouse(s)Stuart Malone (divorced, mid-1990s)
Children2
RelativesJohn Thompson Dorrance (grandfather)
John Dorrance III (brother)

Early life

Mary Alice Dorrance is the daughter of John T. "Jack" Dorrance Jr (died 1989), the last Dorrance to run Campbell, and the granddaughter of John Thompson Dorrance.[2] She has a bachelor's degree from the University of Arizona.[1]

Career

When her father died in 1989, she and her two brothers shared roughly one-third of the company.[2]

Malone is the Campbell Soup Company's largest shareholder, and a board member, along with her brother Bennett Dorrance, a Phoenix real estate developer.[1][2] Her other brother is John Dorrance III.[2]

Personal life

She was married to Stuart Malone, divorced in the mid-1990s, has two children, and lives in Coatesville, Pennsylvania.[1][3][4]

In 2009-10, she was the victim of an extortion attempt by her "longtime cook, traveling companion and confidante", involving "a tell-all book and movie about the heiress's personal life".[5][3][4]

Malone is "devoted to equestrian sports, she owns expansive estates and performance centers in Pennsylvania and Florida."[1]

In 2006, Malone purchased an oceanfront home in Barnegat Light, NJ.

References
  1. "Mary Alice Dorrance Malone". Forbes.com. Retrieved June 24, 2017.
  2. Reed Abelson (July 30, 2000). "Plenty of Old Money, but Not Much Limelight - The New York Times". Nytimes.com. Retrieved June 24, 2017.
  3. "Longtime pal admits extorting Campbell Soup heiress - USATODAY.com". Usatoday30.usatoday.com. Retrieved June 24, 2017.
  4. "Woman pleads guilty in soup heiress extortion scheme". Dailylocal.com. December 21, 2009. Retrieved June 24, 2017.
  5. Clare O'Connor. "Billionaire heiress caught up in bizarre extortion plot". Forbes.com. Retrieved June 24, 2017.
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