Ippy Dorrance, in particular, eschews publicity. George S. Strawbridge Jr. and Diana Strawbridge Wister are the children of Margaret, one of Dr. Dorrance's four sisters. Dorrance, 75, and his Finnish wife Gundel quit their Wyoming ranch in 1994 and settled in Temple Road, south Dublin. Other friends also have expressed empathy for Ippy Dorrance. And thousands more Americans have been speaking with lawyers quite seriously about this very topic. And Templeton's decision was not that of a miserly curmudgeon. View the profiles of professionals named "John Dorrance" on LinkedIn. Designed between 1928 and 1931 by Edmund B. Gilchrist for stockbroker Rodman Ellison Griscom, this French Norman-Style home was owned by the Dorrance family for over 50 years. NA, Head of Mission :Mr John Thompson Dorrance III, Honorary Consul. Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. The World's Most Entertaining Car Website, Moving To Canada? Log in or sign up for Facebook to connect with friends, family and people you know. John Dorrance, III, being the grandson . Brother of Bennett Dorrance and Mary Alice Malone, https://en.wikipedia.org/wiki/John_Dorrance_III. While millions of people around the world dream of United States passports (and all the advantages that this document affords), an elite group of Americans have studied the political and economic landscape and decided in the most forceful way that U.S. citizenship is just too expensive. The grandson of John T. Dorrance, the inventor of condensed soup, Bennett Dorrance owns a 15% stake in Campbell Soup. Husband of Private When they die, their heirs will be under pressure to sell large blocks of stock to pay estate taxes. For a birthday present, his family gave him a big, shiny, black London- style taxicab, complete with a working meter to "charge" his friends for lifts to and from the airport. Most of them - especially Ippy, who is 50, Bennett, 49, and Mary Alice, 45 - have their wealth concentrated in Campbell Soup stock. Visa and Passport Bachelor of Arts/Science, University of Arizona. He is the third richest person in Ireland and the 613th in the world. In the early 1900s, business at the company's Camden factory boomed, drawing a steady flow of new immigrant workers to peel tomatoes or pluck chickens. He is also known as "Ippy" Dorrance. Even as an expatriate, Dorrance can go on with life more or less as usual. Copyright VisaCent. The first, known as The Bird House, is the former home Dorrance Hill Hamilton and can be found at one of the highest points in Newport, Rhode Island. [1], For 15 years he lived on a ranch in Wyoming, before moving to Ireland. Five years later, he's still wearing that same jacket.". Sotheby's International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. $16,500,000 USD | Gladwyne, Pennsylvania | Kurfiss Sothebys International Realty. Jack Dorrance, who owned an elegant chateau-style mansion in Gladwyne filled with valuable art, was a vital patron of the arts in Philadelphia, as well as a financial supporter of the Republican Party. Follow us: @MailOnline on Twitter | DailyMail on Facebook. (+1 242) 362-5013, Email: When the Irish Times came out with a 200-word account of the party, Ippy Dorrance was so incensed that he told friends he would have had the affair in Switzerland, had he known there was going to be any publicity at all. Please do confirm personally. At the time of his death, Jack Dorrance was giving his children $100,000 every three months, his estate papers show. In the early 1940s, the home belonged to Tristram and Ethel Colket; before marrying Tristram, Ethel bore the surname Dorrance as she was daughter of John Thompson Dorrance, co-founder of the Campbell Soup Company. In addition to the lack of an estate tax, St. Kitts-Nevis and the Cayman Islands don't even impose an income tax. Ugandan Honorary Consulate in Nassau, BahamasP.O. Looking out over Frenchman Bay, this sprawling home is anarchitectural and historic masterpiece; among its features areforty-one rooms in the 13,000 plus square-feet of living space, manicured gardens and lawn, and nearly three oceanfront acres. Since then, he has lived quietly in South Dublin and visits the Bahamas from time to time along with his Finnish wife. When they inspect his land together, Ryan said Dorrance does not think twice about getting out of the car himself to clear brush from a drainage ditch or fix a fence. But when he died at the age of 56, both New Jersey and Pennsylvania sent tax bills to his estate. After a seven-year romance with the son of a multi-millionaire, she is now dating the heir to a billionaire. But Ippy, Bennett and Mary Alice adamantly refused. The mansion returned to use as a private residence in 1982. Select this result to view John Hier Dorrance's phone number, address, and more. Jack Dorrance couldn't touch it - or be taxed on it. "Most people realize that his citizenship has absolutely nothing to do with the company," said Jim Moran, a Campbell Soup spokesman. Oh Well, And Here Comes The NFL, Top NFL Prospect Jalen Carter Charged For Alleged Role In Fatal Street Race, How Video Tech Can Bring Us Closer Than Ever, What It Means To Really Take Care Of Your Team, Inclusion: An Unlikely Super Bowl LVII Halftime Show Special Guest, Registration Is Just The Start: How To Keep Engaging Virtual Event Attendees, Like Georgias Stetson Bennett Last Season, TCUs Max Duggan Did Not Begin This Season As Starting Quarterback, Leading When Its Party First, Quarterly Results Second, Payment Tools And The Digital Self-Service Experience: Going A Step Further In 2023, Last Minute Gift Ideas For EVERYONE On Your List: The Inclusivity Edition, The Forbes 400 2022: 10 Richest Newcomers, The Forbes 400 2022: 10 Billionaires Under 40, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Dorrance's sons inherited the mansion and John, Jr. bought out his brother in 1879. Dr. Dorrance went through his own elaborate scheme to avoid having his heirs pay estate taxes. * It might case this information is no longer correct, please help us toUpdate Embassy Information. Sotheby's International Realty's commitment to. The records cover more than 80 years up to 2020 and link to people and companies in more than 200 countries and territories. "I'd have to look at whether Ippy has turned his back on his country - or whether his country has turned its back on him," said an old friend of Jack Dorrance, referring to what he thought were this country's exorbitant estate taxes. Las mejores ofertas para Bridge Builders of Nauck/Green Valley: Past and Present by Taylor Jr, Alfred . They also have a home in the Bahamas, where Gundel is an honorary director of the Lyford Cay Foundation, a childrens educational charity.2019: 2.6bn, 3, Each profile is listed with its Rich List. This "new refugee" phenomenon, though, is not just unique to the liberal Clinton administration. Dorrance, 76, known as Ippy, had sold his stake in the American company by 1996, making 1.2bn, although members of his extended family still hold more than 40% of the 13bn company and his investments should be worth at least 2.6bn. By becoming an Irish citizen, Dorrance, 50, has joined a small class of rich Americans who have abandoned their U.S. citizenship to take up residence in places that give them a better break on taxes. Now, He's Sold At Least $244 Million Worth Of Shares", https://en.wikipedia.org/w/index.php?title=John_Dorrance_III&oldid=1107395700, People who renounced United States citizenship, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 29 August 2022, at 19:54. About two years ago, they bought a stately 19th-century home for about $500,000 in the attractive Dublin neighborhood of Dartry. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Birthday: 1973 How Old - Age: 50 Recently Passed Away Celebrities and Famous People. Mr. Dorrance is the grandson of Campbell founder John Dorrance. To many Republicans, the White House is exaggerating the situation. John Dorrance III (born 1943/1944) is an American-born Irish billionaire businessman and Campbell's Soup heir. As a visa applicant, you will need to establish that you meet all requirements to receive the category of visa for which you are applying. Forbes magazine recently dubbed Ippy and his ilk the "New Refugees." John is related to Laurel Ann Dorrance . Beyond the main house are two pools, a pool house, tennis court and a beautiful aviary, all set within absolutely stunning gardens and grounds. It was held at a castle outside Dublin, with more than 70 guests, most flown in from the States. Dorrance is a founding partner of DMB Associates, a real estate development firm with projects in Arizona, Utah, California and Hawaii. While the Irish might have fled the potato famines of years past, wealthy American citizens are now fleeing a homeland starved by excessive taxation. The information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us), we can not represent that it is accurate or complete, and it should not be relied upon as such. . John Dorrance is an heir to the Campbell's Soup fortune; his grandfather invented the Campbell's formula for condensed soup. John T. Dorrance, a chemist who had trained in Europe, was so determined to join Campbell that he agreed to pay for laboratory equipment out of his own pocket and accept a token salary of just $7.50 per week. When we form tribes based on deeply held political beliefs, and members of one tribe decide the goal of personal interaction is not workplace success but to 'own' the other tribe, that team's leader faces an impossible situation. Dorrance, 76, known as "Ippy", had sold his stake in the American company by 1996, making 1.2bn, although members of his extended family still hold more than 40% of the 13bn company and his. Brad Edward White's column appears on alternative Wednesdays. A licensed pilot, Dorrance owns a private hangar in Scottsdale, Arizona that sometimes houses his vintage car collection. Registered office: 1 London Bridge Street, SE1 9GF. Of course, without U.S. citizenship, he--instead of some faceless bureaucrat--decides where his money goes. In dollars and cents, that would translate today into paying an estate tax of $715 million in the United States versus $26 million in Ireland. Associates of Ippy Dorrance say his move to Ireland was motivated by tax concerns brought on by this newfound wealth. Whats the right word? The article in Forbes aptly identified one of the uniquely twisted fiscal qualities of this nation: "The U.S. is virtually the only country in the world that imposes significant income and death taxes on the worldwide income and assets of every citizen, even if the citizen is domiciled elsewhere.". What are the main benefits of having another shot creator and off-ball spacer of Durant's caliber? John Dorrance IV's first cousin once removed is, Stephanie Dorrance had a relationship with, Stephanie Dorrance's grandfather in law was, Stephanie Dorrance's grandmother in law is, Stephanie Dorrance's husband John Dorrance IV's uncle in law is, Stephanie Dorrance's husband John Dorrance IV's aunt in law is. But the United States has a special treaty with Ireland that cuts the tax in half. The requirements were simple. Leslie Samuels, assistant secretary of the U.S. Treasury Department, has dubbed such tax refugees "economic Benedict Arnolds." Pennsylvania tax agents took the family to court to get its money, resulting in a trial that was front-page news and regaled a Depression-weary public with details of the Dorrances' lavish Main Line life. Citizens of the Bahamas pay a significantly lower estate tax: zero percent. Dorrance was born in Bristol, Pennsylvania November 11, 1873. Whether its the comfort offered in a classic flavoror afamed modernist masterpieceby Andy Warhol, the Campbell Soup Company and their iconic can are pop-cultural and culinary staples. In fact, for most of his life, he was barely a millionaire. Since the turn of the century, the Camden soupmaker has fed generations of Americans. Preserving that wish into future generations will be increasingly difficult. "He loved his ranch and would still be there today if it wasn't for the problem of estate taxes," said John Daly, a lawyer in Gillette, Wyo., who has represented Dorrance in past disputes over his plans to bring exotic game to his ranch. The Dorrance Scholarship, established by Bennett and Jacquelynn Dorrance in 1999, has supported 150-plus first-generation college students in Arizona. They live on a tree-lined street that is a mixture of genteel, old homes and newer, affordable, middle-class houses. Nonetheless, the new expatriates have made the clearest and most severe demonstration of their disgust with modern liberalism. Billionaire John "Ippy" Dorrance III, an heir to the Campbell Soup fortune, is now an Irish citizen. His idea was to cook the water out of soup so it could easily be stored in small cans on grocery shelves. In a rare display of extravagance, the Dorrances had an elaborate party in August to mark Ippy's 50th birthday. In a move that had longstanding impact, be bequeathed to his son Jack double the stake in the soup giant he left his daughters,. A well-timed bet: stock is down 23% from the date he sold his largest block of shares. John used his academic background to create the process of condensing soups. Among their neighbors are the Nigerian ambassador and a Protestant archbishop. 1. However, we will not accept responsibility or liability for any mistake or omission on any of the information contained on this page. In Ireland, Dorrance has chosen a quiet life for himself. He also renounced his U.S. citizenship. 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 coming windfall. Only after his death were the stock shares distributed directly to Jack's three children: Ippy, a rancher who lived on 18,000 acres near Devil's Tower national monument in Wyoming; Bennett, a real estate developer in Phoenix; and Mary Alice Malone, a horse breeder in Chester County. He is also known as "Ippy" Dorrance. Donna, previously engaged to zoo-owner and gambler John Aspinall's entrepreneur son, Damian, has been quietly stepping out with the son of U.S.-born tycoon John Dorrance, whose family inherited 40 per cent of the Campbell Soup Company . Each Office is Independently Owned and Operated. This means that U.S. citizenship allows the I.R.S. US based Meghan and Harry.. FameChain has their amazing trees. The Dorrancefamily represents the heirs to the aforementioned household name brand and, as recently covered byMansion GlobalandThe Wall Street Journal, threeof the familys homes have recently come to market in the Northeastern United States. Mark Mobius, an investment manager and now a German citizen who splits his time between Hong Kong and Singapore. You will find information such as contact info, email, website address, opening hours and direction to the Ugandan Honorary Consulate in Nassau. Coronavirus (COVID-19)Due to the Coronavirus (COVID-19) disease the Ugandan Honorary Consulate in Nassau could have adjusted its office hours or services. Critics accuse them of making their fortunes in the United States, enjoying the freedom and protection that comes with citizenship - and then bailing out when it comes time to pay their fair share. Houston Capital Mortgage. The consulate may have dedicated support for Uganda in Bahamas, or prioritize their appointments. Friends and business associates say he plays down his billionaire status. Connect to the World Family Tree to find out, John Thompson Dorrance, Mary Alice Dorrance (born Bennett), Bennett Dorrance, Mary Alice Malone (born Dorrance), John T. "jack" Dorrance, Mary Alice Dorrance (born Bennett), John Thompson Dorrance,
Dorrance (born Dripps), Apr 1 1950 - Monk Rd, Lower Merion Township, Montgomery, Pennsylvania, United States, John Thompson "Jack" Dorrance, Mary Alice Dorrance (born Bennett). Residents Demand Answers at Council Meeting on Police Killing of Sayed Faisal, Bob Odenkirk Named Hasty Pudding Man of the Year, Harvard Kennedy School Dean Reverses Course, Will Name Ken Roth Fellow, Ex-Provost, Harvard Corporation Member Will Investigate Stanford Presidents Scientific Misconduct Allegations, Harvard Medical School Drops Out of U.S. News Rankings. Donna, 30, who has a six-year-old daughter, Freya, by Aspinall, is said to be smitten by her new beau. His parents were John and Eleanor (Thompson) Dorrance. Dorrance, or Dodo as she was known by her closest friends, passed away this past April at 88. "He's not prepared to respond at all," said John Hickson, his attorney in Dublin. Photo by Bobby Bank/WireImage/Getty Images. There are legitimate uses for offshore companies and trusts. The Early Returns Of Kevin Durant In The Phoenix Suns Offense, Jalen Carter Had No Business Playing For Georgia. (About that nickname: Family legend is that "Ippy" comes from his attempt as a child to pronounce the Roman numeral "III" at the end of his name.). Well, um. All Rights Reserved. Except for a lavish 50th birthday party at a castle near Dublin last August, the billionaire keeps a low profile. State-of-the-art in every aspect, from geothermal heating and cooling to exquisitely crafted details and top-of-the-line amenities, the soaring two-story entrance hall and living room with floor-to-ceiling stone fireplace enjoy panoramic ocean views. Sotheby's International Realty, the Sotheby's International Realty logo, "For the Ongoing Collection of Life" and RESIDE are registered (or unregistered) service marks owned or licensed to Sotheby's International Realty Affiliates LLC. Private quarters are equally inviting with family living quarters that accommodate guests for short-term or extended stays. or. In 1993, the first year of Clinton's "soak the rich" presidency, 306 individuals officially and legally renounced their American citizenship and moved to financially less restrictive locations such as Ireland, Switzerland and the Caribbean. It was there where he invented the formula for condensing soup. RESULTS FOR 2007 . In return for spending more than $1.5 million to plant new trees on 1,000 acres in Ireland, Dorrance got a passport from a grateful Irish government. But do note that it is not possible to be certain of a person's genealogy without a family's cooperation (and/or DNA testing). Representing Approximately 41 Percent of Shares Outstanding CAMDEN, N.J.-(BUSINESS WIRE)-Oct. 17, 2018- Campbell Soup Company (NYSE:CPB) announced that four shareholders, all descendants of Dr. John T. Dorrance, the inventor of Campbell's condensed soup, each separately notified the Chairman of the Board on behalf of themselves and certain family members of their intention to vote for "He's a private individual and not an employee of the company. Elton John Splurges On Luxury Toronto Apartment, Billionaire Byron Allen New Purchased $100 Million Malibu Mansion, Vanessa Bryant Spotted At SoFi Stadium Attending Bad Bunny Concert In L.A, Olivia Cooke As The Newest Face Of Savage X Fenty Lingerie October Campaign, Kanye West Allegedly Restricted By Instagram, Twitter Due To Violating Policies, Confidential Assignment 2 Film Reaches Over $35 Million On Second Weekend At Korean Box Office, Poppy Montgomery Sued $48,000 By Former House Helper For Unpaid Wages, Ben Affleck's East Coast-Style L.A Mansion Sold For $28.5 Million, Inside Red Sea Project: The $5 Billion Saudi Desert Megaresort. When he died in 1930, Dr. Dorrance - as he preferred to be called - left an estate worth $115 million, which would be worth slightly more than $1 billion today. Jack's older son, John 3d, a Wyoming cattle rancher who, according to family friends, had been alienated from his father for years, has tried without success to assume the mantle. Eleanor Winifred Hill (born Dorrance) in MyHeritage family trees (Hoarty-Beidler Family Web Site) view all 13 Immediate Family Nathaniel Peter Hill husband Dorrance "DoDo" Hamilton daughter Private child Vice Admiral Stuart Howe Ingersoll husband John Thompson Dorrance aka John . After two games, Kevin Durant looks to be extremely comfortable in the Phoenix Suns' offense. Today, they are ringing up Campbell Soup dividends of $87,000 a day. Perhaps last week was the beginning of the end, as disgruntled voters overwhelmingly gave Republicans control of Congress for the first time in four decades. John T. Dorrance Sr., Ippy's grandfather, was a brilliant, determined, shrewd chemist who saw a way to make a fortune from something as mundane as the soup Americans served at dinner. At the fantasy birthday party, guests were offered medieval costumes - a selection of Maid Marian gowns of velvet and satin for the women, short bloomers and long vests with feathered hats for the men. Said another person who has had business dealings with Dorrance: "He likes to do things quietly. Modular organizer systems Patent number: 10925399 Walk into the distinctive, cylindrical U.S. Embassy building in Dublin and sign a one-page oath: "I hereby absolutely and entirely renounce my United States nationality, together with all rights and privileges and all duties of allegiance and fidelity.".