How rich is John Dorrance III?
John Dorrance III Net Worth:
Irish billionaire John Dorrance III is the Campbell’s soup heir and he’s an estimated net worth of $2.6 billion as of May 2015 according to Forbes. He could be the third richest individual in Ireland and the 613th on the planet. Mr. Dorrance is the grandson of Campbell creator John Dorrance. He brought in his estimated net worth of $2.4 billion when he sold his 10.5% share of the business in 1995-1996 for $1.5 billion. He cashed out on the best time, just prior to the stock has dropped. In 1994, John Dorrance III renounced his U.S. citizenship and moved to Ireland in order to avoid paying estate and capital gains taxes on arriving windfall. Since that time, he’s lived quietly in South Dublin and sees the Bahamas from time to time as well as his Finnish wife. Before his move to Ireland, he used to join several movements to be able to legalize game ranching in Wyoming and fox hunting in Great Britain.