Mary Alice Dorrance Malone
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- Name
- Mary Alice Dorrance Malone
- Net Worth
- 3.7 Billion USD
- Birth Date
- 3 February 1950
- Age
- 74
- Country
- United States
- City
- Coatesville
- Business
- Food & Beverage
Mary Alice Dorrance Malone is an influential American billionaire, best known for her role as a significant shareholder and board member of Campbell Soup Company, the iconic food company founded by her grandfather, John T. Dorrance. Born in 1950, Malone has played a crucial part in the company's legacy and its evolution into a leading global food corporation.
Campbell Soup Company, founded in 1869 and famous for its condensed soups, has become a household name under the stewardship of the Dorrance family. Malone inherited her wealth and substantial stake in the company, ensuring the family's continued influence over its operations. As of recent reports, Malone owns approximately 17% of Campbell Soup's shares, making her the largest individual shareholder.
Malone's involvement with Campbell Soup extends beyond her substantial ownership. She has been an active member of the company's board of directors for many years, contributing to strategic decisions and guiding the company's direction. Her influence is seen in the company's focus on innovation, diversification of product lines, and maintaining its commitment to quality and sustainability.
In addition to her role at Campbell Soup, Mary Alice Dorrance Malone is known for her interests in equestrian activities. She is an accomplished horse breeder and owns expansive horse farms, including the renowned Iron Spring Farm in Pennsylvania. Her passion for equestrian sports and horse breeding has earned her respect in the equestrian community.
Malone is also noted for her philanthropic efforts. She has supported various charitable organizations and initiatives, particularly those related to education, healthcare, and the arts. Her philanthropy reflects her dedication to giving back to the community and improving the lives of others.
As of recent estimates, Mary Alice Dorrance Malone's wealth and influence have positioned her among America's wealthiest individuals. Her stewardship of the Campbell Soup legacy and her contributions to business and philanthropy underscore her significant impact on both her family's storied company and broader societal initiatives.
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