About Dorrance family
- John T. Dorrance (d. 1930) invented the formula for Campbell's famous condensed soup in 1869 and took the helm of the Campbell's Soup Company in 1914.
- At least 87 members of his lineage today own more than a third of the global food giant, which generates more than $9 billion of annual revenue.
- Three family members are on the board: Dorrance's granddaughter Mary Alice Malone, her cousin Archbold van Beuren and her nephew Bennett Dorrance Jr.
- Dorrance's grandchildren Bennett Dorrance Sr. and Charlotte Colket Weber stepped down from the board in 2022 and 2014, respectively.
- Dorrance's grandson John "Ippy" Dorrance III renounced his U.S. citizenship and moved to Ireland before cashing out his 10.5% stake in the mid 1990s, reportedly to avoid U.S. taxes.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Forbes Lists
Personal Stats
- Fortune Founded
- 1882
- Source of Wealth
- Campbell Soup Co.
- Company Headquarters
- Camden, New Jersey
Related People & Companies
More on Forbes
24 minutes ago
Hunter Biden Requests New Trial On Procedural Matter After Gun Conviction
Lawyers for President Joe Biden’s son argued in court documents Monday that the court in which Hunter Biden was convicted “lacked jurisdiction” to hold the trial.
26 minutes ago
Here’s How ‘Inside Out 2’s Success Is Great News For ‘Despicable Me 4’
As Disney and Pixar's animation continues to exceed industry expectations, 'Despicable Me' director Chris Renaud explains why Hollywood should pay attention.
BySimon ThompsonContributor
50 minutes ago
San Diego Wave Fires Casey Stoney Midway Through NWSL Regular Season
San Diego Wave FC has parted ways with Casey Stoney, who won the 2022 NWSL Coach of the Year award and led the club to win the 2023 NWSL Shield.
ByJackie GutierrezContributor
56 minutes ago
Returning Olympic Gymnasts' Dreams Hang In The Balance
Last stop until Paris. With the U.S. Olympic Trials fast approaching, we assess the likelihood of returning Olympians making another trip to the games.
ByCaroline PriceContributor
58 minutes ago
Biden Blasts Pro-Palestinian Protest At Los Angeles’ Adas Torah Synagogue As ‘Antisemitic’—What We Know About The Incident
Altercations between pro-Palestinian protesters and counterdemonstrators resulted in two reports of battery and one arrest.
ByAntonio Pequeño IVForbes Staff
1 hour ago
The USSR Made A Space Radio Complex Out Of An Old Battleship. 65 Years Later, Ukraine Is Trying To Blow It Up.
The NIP-16 site in Crimea could help Russian forces communicate with their satellites.
ByDavid AxeForbes Staff
1 hour ago
‘Baby Reindeer’: Real ‘Martha’ Lawyer On What Netflix Needs To Provide In Lawsuit
The lawyer for “Baby Reindeer’s” real “Martha” details what Netflix must provide in Fiona Harvey’s $170 million lawsuit against the streaming service.
ByTim LammersContributor
1 hour ago
Louisiana Sued Over Ten Commandments Law
Families and civil rights groups allege the displaying of the Ten Commandments could pressure students into “religious observance, veneration, and adoption of the state’s favored religious scripture.”
ByMolly BohannonForbes Staff
1 hour ago
House Could Vote On Arresting Merrick Garland This Week Under Rarely Used ‘Inherent Contempt’ Mechanism
The House voted earlier this month to hold Garland in contempt of Congress, but the Justice Department declined to prosecute him.
BySara DornForbes Staff
2 hours ago
What To Expect For 2024 Summer Olympic Surfing In Tahiti
Discover what to expect from the 2024 Summer Olympic Surfing in Tahiti: top athletes, prime conditions, and the stunning waves of Teahupo'o.
ByMichelle BrutonContributor
2 hours ago
‘The Bear’ Cast Says Season Three Features An Escalation Of Challenges For Everyone
In season three of "The Bear," the phrase 'non-negotiable,' accelerates the pressure for every character as each of them strive for culinary perfection.
ByAnne EastonContributor
Jun 23, 2024
How Denmark Is Moving To Retain Family-Owned Businesses
Denmark’s 1.8 billion krone plan cuts taxes and eases rules for family-owned businesses to prevent foreign takeovers and retain national enterprises.
ByFrancois BothaSenior Contributor
Jun 23, 2024
‘Bitter Sweet Hell’ Is A Mystery Thriller About One Family Unraveling
The drama 'Bitter Sweet Hell' is worth seeing just for the visuals. But there’s more to this highly stylized magazine-glossy mystery thriller.
ByJoan MacDonaldContributor
Jun 20, 2024
A Look At How Dower And Curtesy Rights Impact Modern Families
Explore dower and curtesy rights' historical impact on inheritance and taxes, evolving from gender-specific to more inclusive laws in some states.
ByAshley CaseContributor
Feb 8, 2024
Decabillionaire Dynasties: These Are The Richest Families In America
Forbes introduces the first ever ranking of decabillionaire families, who are worth $10 billion or more. Some famous families make the cut; others like the Kennedys and Gettys fall short.
ByMatt DurotForbes Staff
May 21, 2012