Mary Alice Dorrance Malone
American billionaire (1950–2025)
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Mary Alice Dorrance Malone (February 3, 1950 – June 16, 2025) was an American billionaire and heiress to the Campbell Soup Company fortune.
Mary Alice Dorrance Malone | |
|---|---|
| Born | February 3, 1950 |
| Died | June 16, 2025 (aged 75) |
| 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 was the daughter of John T. "Jack" Dorrance Jr (d. 1989), the last Dorrance to run Campbell, and the granddaughter of John Thompson Dorrance.[1] She had 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 was 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 and death
She was married to Stuart Malone, divorced in the mid-1990s, had two children, and lived 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 was "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.
Malone died on June 16, 2025, at the age of 75.[6]