Mary Alice Dorrance Malone
Mary Alice Dorrance Malone is an American billionaire and heiress to the Campbell Soup Company fortune.
Mary Alice Dorrance Malone | |
---|---|
Born | 1949 or 1950 (age 73–74) |
Nationality | American |
Alma mater | University of Arizona |
Known for | largest shareholder, Campbell Soup Company |
Board member of | Campbell Soup Company |
Spouse(s) | Stuart Malone (divorced, mid-1990s) |
Children | 2 |
Relatives | John 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.[1] She has a bachelor's degree from the University of Arizona.[2]
Career
When her father died in 1989, she and her two brothers shared roughly one-third of the company.[1]
Malone is the Campbell Soup Company's largest shareholder, and a board member, along with her brother Bennett Dorrance, a Phoenix real estate developer.[2][1] Her other brother is John Dorrance III.[1]
Personal life
She was married to Stuart Malone, divorced in the mid-1990s, has two children, and lives in Coatesville, Pennsylvania.[2][3][4]
From 2009 to 2010, 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."[2]
In 2006, Malone purchased an oceanfront home in Barnegat Light, New Jersey.
References
- Reed Abelson (July 30, 2000). "Plenty of Old Money, but Not Much Limelight - The New York Times". The New York Times. Retrieved June 24, 2017.
- "Mary Alice Dorrance Malone". Forbes.com. Retrieved June 24, 2017.
- "Longtime pal admits extorting Campbell Soup heiress - USATODAY.com". Usatoday30.usatoday.com. Retrieved June 24, 2017.
- "Woman pleads guilty in soup heiress extortion scheme". Dailylocal.com. December 21, 2009. Retrieved June 24, 2017.
- Clare O'Connor. "Billionaire heiress caught up in bizarre extortion plot". Forbes.com. Retrieved June 24, 2017.