Billionaire Profile
M
Global Rank
#3189

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
$1.146B
Estimated based on Campbell's Soup stock value as of April 20, 2026
-0.09% (24h)
Age
43
Source
Campbell's Soup
Industry
Food & Beverage
Citizenship
UNITED STATES

Biography

Mary Alice Dorrance Malone Jr. is a prominent figure in the food and fashion industries. She is the great-granddaughter of John T. Dorrance, the inventor of Campbell's condensed soup, and is a major shareholder and board member of The Campbell's Company. Her source of wealth is primarily from her inheritance from the Campbell's Soup Company. Beyond her role in the food industry, Malone has a successful career in fashion, founding the luxury footwear brand Malone Souliers in 2014 and acquiring and relaunching Duo Boots in 2020. Her career spans nearly two decades in the fashion industry. Her net worth is estimated to be 1.3 billion USD. She is a descendant of the founder of The Campbell's Company. She is a dedicated board member and active in strategic discussions.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Mary Alice Dorrance Malone Jr. grew up in Pennsylvania, where she developed a passion for horses. She was a distinguished dressage rider and was selected for the U.S. Junior Olympic Equestrian Team. Her familial ties to the Campbell's Company run deep, as she is a descendant of the company's founder. Her grandfather, John T. Dorrance, invented the condensed-soup formula that transformed the company in 1897.

Rise to Success

Malone's career includes significant contributions to the fashion industry. In 2014, she founded the luxury footwear brand Malone Souliers, which has gained international recognition. She acquired and successfully relaunched Duo Boots in 2020, further solidifying her presence in the fashion world.

Key Business Strategies

As a member of the board of directors, Malone brings the perspective of a long-term shareholder. She is experienced in general management, retail sales, and brand building, which allows her to contribute to strategic discussions.

Philanthropy

While specific philanthropic initiatives and amounts are not readily available in the search results, Malone's family has a history of philanthropy.

Career Milestones

2014

Founder of Malone Souliers

Founded a luxury footwear brand with global distribution.

2020

Executive Chair of Duo Boots

Acquired and relaunched the footwear brand, focusing on inclusive sizing and premium fit.

2025

Board Member, The Campbell's Company

Elected to the board of directors, bringing experience in general management, retail sales and brand building.