The Dorrance Family – $17.1B
It might sound ridiculous, however, the Dorrance family more or less pioneered soup towards the end of the 19th century through John Dorrance’s ingenious creation of a soup condensing process, propelling him into the food hall of fame. Generations of Dorrance family members have championed the business, eleven of which currently direct Campbell’s day-to-day running. The Dorrance empire also includes various subsidiaries, such as Prego, Pepperidge Farms and V8. The company’s present key board seats belong to the patriarch’s grandchildren and even a great-grandson, a granddaughter named Charlotte happily retiring in the year 2014. A grandchild known as Ippy decided to sell his shares – which came to around 10%, before exiting the business.
The Dorrance Family
The Duncan Family – $26B
The Duncan family’s rags to riches tale is like no other. The family came from absolute squalor in Texas’ countryside, and stands as proof of the American Dream. It was when Dan Duncan ventured into the oil fields as a prospector that he intelligently struck oil, creating enough income to establish Enterprise Products Partners, which skyrocketed throughout the foundational oil period within the United States. Currently, the dynasty’s riches predominantly stem from major gas and oil pipelines, the business producing billions of dollars on a yearly basis. The year 2010 was a tragic one for the family, when the patriarch Dan Duncan died at 77 years old, his children inheriting a mind-blowing $10 billion sum. Randa, Scott, Milane, and Dannine then successfully doubled this sum.
The Duncan Family
