Name
John Dorrance, III.
Primary Residence
Dublin, Ireland
Citizenship
Ireland
Source Of Wealth
Campbell Soup
Net Worth
$2,600,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
877
Forbes List Rank One: Title
#877 Billionaires 2019
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Summary
John Dorrance is an heir to the Campbell's Soup fortune; his grandfather invented Campbell's formula for condensed soup.His relatives are still the company's largest shareholders, but he sold his stake in the mid-1990's and emigrated to Ireland.His move was presumably timed to avoid capital gains taxes when he sold his Campbell's stake.The Irish government reportedly gave Dorrance citizenship in 1995 when he spent $1.5 million planting trees.
Age
75
Categories
Number of Children
2
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