Billionaire Profile
M
Global Rank
#2800

Image: Federal Government of the United States (Q48525) | Public domain | via Wikimedia Commons

Mary Alice Malone Jr

CEO, Campbell's Soup
UNITED STATES
Real-Time Net Worth
$1.258B
Estimated based on Campbell's Soup stock value as of March 6, 2026
-0.06% (24h)
Age
42
Source
Campbell's Soup
Industry
Food & Beverage
Citizenship
UNITED STATES

Biography

Mary Alice Malone Jr. is a prominent figure in the food and beverage industry, recognized for her substantial wealth derived from her family's connection to Campbell's Soup. As of 2024, her net worth is estimated at $1.3 billion. She has also founded and leads the luxury footwear brand Malone Souliers and acquired and relaunched the UK footwear brand Duo Boots. Her career reflects her family's legacy, her business acumen, and her dedication to equestrian sports.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Mary Alice Dorrance Malone Jr. was born on February 3, 1950. She is the granddaughter of John T. Dorrance, the chemist who invented condensed soup, which transformed the Campbell Soup Company into a global powerhouse. Her father, John T. Dorrance Jr., served as the president of Campbell Soup for many years. Mary Alice Jr. grew up in Chester County, Pennsylvania, in a family that combined business prominence with rural traditions. She attended the University of Arizona, where she earned a bachelor's degree.

Rise to Success

Mary Alice Jr. inherited a significant stake in the Campbell Soup Company after her father's death in 1989, which solidified her place among the wealthiest individuals in the United States. She became the largest individual shareholder of Campbell Soup. In 2014, she founded Malone Souliers, a luxury footwear brand. In 2020, she acquired and relaunched the UK footwear brand Duo Boots.

Key Business Strategies

Mary Alice Jr.'s business strategy involves leveraging her family's legacy in the food industry while expanding her portfolio to include luxury brands. Her experience in general management, retail sales, and brand building has been key to her success in the fashion industry.

Philanthropy

Mary Alice Jr.'s philanthropy is primarily channeled through the Roemer Foundation, a non-profit charitable organization, founded by her mother, Mary Alice Dorrance Malone. The foundation supports educational initiatives in dressage across the United States.

Career Milestones

1989

Inherited Campbell Soup Shares

Inherited a substantial stake in the Campbell Soup Company.

1990

Campbell's Board of Directors

Elected to the company's board of directors.

2014

Founded Malone Souliers

Founded the luxury footwear brand Malone Souliers.

2020

Acquired Duo Boots

Acquired the UK-based footwear brand Duo Boots and successfully relaunched it.

2025

Elected to Campbell's Board of Directors

Elected to the board of directors.

Philanthropy & Social Impact

Equestrian Sports

The Roemer Foundation

Undisclosed

Supports educational initiatives in dressage across the United States.

Controversies & Challenges

2009-2010

Extortion Attempt

Was the victim of an extortion attempt involving a tell-all book and movie about her personal life.