Mary Alice Dorrance Malone

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Mary Alice Dorrance Malone
Born1949/1950 (age 71–72)
NationalityAmerican
Alma materUniversity of Arizona
Known forlargest shareholder, Campbell Soup Company
Board member ofCampbell Soup Company
Spouse(s)Stuart Malone (divorced, mid-1990s)
Children2
RelativesJohn Thompson Dorrance (grandfather)
John Dorrance III (brother)

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

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 , 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, New Jersey.

References[]

  1. ^ a b c d e "Mary Alice Dorrance Malone". Forbes.com. Retrieved June 24, 2017.
  2. ^ a b c d Reed Abelson (July 30, 2000). "Plenty of Old Money, but Not Much Limelight - The New York Times". Nytimes.com. Retrieved June 24, 2017.
  3. ^ a b "Longtime pal admits extorting Campbell Soup heiress - USATODAY.com". Usatoday30.usatoday.com. Retrieved June 24, 2017.
  4. ^ a b "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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