Nicknamed "Happy" lives in an oceanfront estate near Newport a graduate, like her sister, Dodo, of the Foxcroft School married to John Archbold van Beuren, the grandson of an oil partner of John D. Rockefeller Sr keeps a low profile among the dissidents, with her husband taking a more active role three children her son, Archbold D., 33, is the only Dorrance now employed by Campbell Soup; he is business director for ready-to-serve soups. Dodo "was emotional about Jack dying. The three would inherit all the Campbell Soup stock in the trust 41 million shares when their father died. Forbes wrote, ''Business was originated to produce happiness, not pile up riches.'' Stay up-to-date with the best from America's Best Racing. The average net worth of this year's billionaires is $4 billion, down from $4.1 billion in 2018. His first project: the Greenbrier meeting in March 1989. And Dorrance 's three children stood to collectively inherit an additional $2.2 billion in stock when he died. For example, in 2006 Revved Up was eight-years-old and going strong. "He's out before daybreak. We train horses six days a week, working on building fundamentals to come up with the best team. In his Army fatigues and old work boots, Ippy Dorrance is the antithesis of his cashmere cousins in Philadelphia. Charlotte Colket Weber is an American businesswoman who has a net worth of $1.4 billion. But, as it had at the Greenbrier, the genial facade concealed disparate aims and very different perspectives. Ippy was raising cattle, Bennett was in real estate in Arizona and Mary Alice was breeding horses in Chester County. Both the number of billionaires and their combined net worth is down this year, according to Forbes. Six of them shared, at the time, a $2 billion fortune in Campbell Soup stock. Ten digits no longer gets you on The Forbes 400. In life, all we have really is time. Belton Johnson said. Weber travels frequently for competitions and pleasure, often by private jet. But the solidarity Jack Dorrance hoped for has not materialized. Charlotte Colket. But regardless of ones heritage, one has to make the most of ones life, and I feel blessed to have been able to do what I am passionate about every day. Ippy was in his mid-30s before he was given a voice in managing that part of the family fortune that was reserved for him, Bennett and Mary Alice. Yes, travel often with me. The FEI World Equestrian Games are expected to draw 500,000 spectators. Charlotte Colket Weber Net Worth. The following Forbes 400 members did not make their fortunes racing or breeding horses. Some of the cousins were no more knowledgeable than an average Campbell Soup stockholder. Amazon CEO Jeff Bezos, who is worth about $131 billion, topped the list for the second year in a row, followed by software magnate and philanthropist Bill Gates ($96.5 billion) and Berkshire Hathaway Chairman and CEO Warren Buffett ($82.5 billion). CAREER:Equestrian athlete who at 18 became youngest person ever to represent U.S. Equestrian Team. Mr. Colket is a director of Vlasic Foods International, the ailing pickle maker that Campbell spun off in 1998. She is a white, non hispanic female registered to vote in Martin County, Florida. "He quite soon learned that that would not be appropriate action. Until recently, my mom was a director. Husband: John C. Weber (radiologist and surgeon) So, even as adults, Jack's children were kept on allowances, albeit large ones a situation that increasingly rankled Ippy. ". The trust that held the entire family's stock sold 13 percent to outsiders. View the profiles of people named Charlotte Colket Weber. Jenner, who ranked 2,057 on the list, owns 100 percent of Kylie Cosmetics, a company she founded three years ago and which did $360 million in sales last year. Your father was a professor at New York Hospital-Cornell Medical Center [now Weill-Cornell Medical Center]. She is also an avid collector of Chinese art, a passion that reportedly began when her uncle gave her a rare porcelain K'ang-hsi frog in the 1970s. When you fly privately, do you charter or do you have a jet share or card or a club membership? Twenty-eight people who were on the 2012 Forbes 400 dropped off the new 2013 list, while another six passed away. Wal-Mart and News Corp., two publicly traded companies dominated by family members, are besieged by scandal and allegations of criminal activity. "As Jack got into his 60s and he retired as chairman at 65, I think Gordon (McGovern) said, 'Hey, this next generation isn't being prepared for shouldering their responsibility,' " said John Weber, husband of Jack's niece Charlotte. He learned, for example, that George Strawbridge Jr. had already sold some of his stock and was considering selling more. Charlotte C. Weber is the owner of Live Oak Plantation. Hamilton, in a large brick house in Wayne with rose gardens and greenhouses three children, seven grandchildren member of partnership that owns Spread Eagle Village in Wayne; president of Little House Shop Inc. in Haverford the oldest of the nine cousins and the only one born during the lifetime of their grandfather John T. Dorrance served nine years on the Campbell Soup Co. board and resigned in the fall of 1990. For four decades, he alone had spoken for the family on company matters. If you are fortunate as I am, and you are able to race the horses you breed and give them the time necessary, they will return the investment. It takes money and drive to succeed on the equestrian circuit, so it helps if dad is a billionaire, a celebrity or very wealthy. Runs Iron Spring Farm, a noted Chester County breeding and training center for horses has competed in Olympic qualification trials in dressage, a precision riding technique that she has called "horse ballet" graduated from the University of Arizona in 1972 with a degree in English in 1981 married Stuart H. Malone, now chairman of the Planning Commission in Highland Township, Chester County two children the Malones have been active in efforts to conserve Chester County acreage from development was elected a director of Campbell Soup in December 1989, joining her two older brothers. From the time significant thoroughbred breeders found their way to Ocala in the 1950s and 60s, the Florida climate has become a siren song for horsemen and young thoroughbred horses on their way to racing greatness. A devoted equestrian, Weber came into riches as one of the heirs to the Campbell Soup empire. Charlotte Colket Weber ($1.6 billion) runs the stud farm Live Oak in Ocala, Florida. And they clapped politely when one of their number, Dodo Hamilton who a year earlier had declared her desire to sell the company was recognized for her service on the board of directors, from which she had recently resigned. My teacher called my parents into school saying, Your son has a very good imagination. The June meeting "was highly emotional," Charlotte Weber said. NAME: Chester C. Weber BORN: June 3, 1975 (age 43), Ocala, Florida EDUCATION: B.S., Cornell College, 1997 CAREER: Equestrian athlete who at 18 became youngest person ever to represent U.S. Equestrian Team. Their grandfather, John T. Dorrance, invented the condensed soup formula that turned the company into a global soup giant. On June 16, 1989, the cousins would convene again, this time in the Wayne home of Dorrance "Dodo" Hamilton. Two costumed Campbell Kids wandered about, offering greetings. 19, 1991. Other successes include World Approvals older half-brother Miesques Approval, winner of the $2 million Breeders Cup Mile (G1) and 2006 Eclipse Award champion turf male, and other top horses including Revved Up, My Typhoon, Hesanoldsalt, and half-brothers Solar Splendor and Sultry Song (both out of homebred Sultry Sun). "Who was going to go to Jack and say, 'Well now, Jack, after you die ' He didn't like to talk about personal things, and the company was very personal to him," Dodo Hamilton told a confidante. Beneath the spreading canopy of live oak trees, horses benefit from the lush green, nutrient-rich grass covering the gently rolling hills of Live Oak Stud. On Sept. 9, 2006, 8-year-old Miesques Approval brought home the Red Bank S. (G3) en route to the Breeders Cup victory, while 9-year-old Revved Up won the Bob Harding S., both races at Monmouth Park. In a memo seen by some company directors, Carl Norris and Archie van Beuren blamed Campbell's low stock price at the time on Wall Street concerns about "the enigmatic presence of an inept control group" on the Campbell board a slap at Ippy, according to a family associate. Ms. Wister lives in luxurious locales like Mount Desert Island, Me. A private jet is the closest thing to a time machine you could have. Campbell Soup Co. heir Charlotte Colket Weber served on the company's board from 1990 until 2014. Weber is a devoted equestrian and owns Charlotte Colket Weber Net Worth Read More "This is symbolism. Like Ippy, Johnson was a rancher. Not the first, but I remember riding, probably on a Learjet 31, from New York to Florida, maybe on fall break from school. Today, a comfortable majority of the top racing prospects in the nation pass through Ocala to train in its excellent environment. I would love to be a world champion. How often do you travel? Members of the family sat on the right; company directors on the left. I charter, and my family also owns some shares with NetJets and PlaneSense. "Jack told 'em nothing. Another branch of the family includes Charlotte Colket Weber and Tristram C. Colket Jr. Ms. Weber, also a Campbell board member, divides her time between New York and Ocala, Fla., where she breeds thoroughbreds. Or is it symptomatic of a lack of concern for outside shareholders and expert governance? Weber is a devoted . "For Ippy, it's a mission," said another director. Was there a way to diversify? And I lift weights six days a week. In December, three Dorrance heirs and their husbands called for a sale of the company. There was no clear-cut successor as chairman. After I graduated, I went to work in the horse nutrition business and did that for several years until my equestrian pursuits took over, at which point I began to focus on that exclusively. 17, with a net worth of $44.4 billion (down from 2018); S. Robson Walton, Walmart, No 18, with a net worth of $44.3 billion (down from 2018); Steve Ballmer, Microsoft, No. It gives me a chance to think and reflect and to catch up on work. Weber is a devoted equestrian and owns the Live Oak Stud Farm, a 4,500-acre horse farm and commercial cattle operation near Ocala, Florida. Weber races horses through her organization Live Oak Plantation. Florida has the absolute advantage of its climate, Weber said emphatically. THEY may not be as well known as the Fords or the Rockefellers, but the Dorrances live up to the stereotypes of old wealth. "That lesson was taught to Ippy every day," said a Campbell executive. Also, Jack was well aware that his son didn't have the expertise or family support to guide such a billion-dollar enterprise. More >. Weber is a devoted equestrian and owns the Live Oak Stud Farm, a 4,500-acre horse farm and commercial cattle operation near Ocala, Florida. As a director, he was mercurial. 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