Bennett Dorrance has more than one reason to say, "M’m! M’m! Good!" As the heir to the Campbell Soup Company, he is on the list of the list of The World's Billionaires and the 400 Richest People in America for 2012. While he used to be the richest man in Arizona, he has now been outranked by tire man Bruce Halle who, for now, has the honor of being the the wealthiest person in Arizona. Forbes.com produces those lists each year.
Ten years ago there were six Arizonans on the 400 Richest Americans list, but William Levine, co-founder of Outdoor Systems. and Rex Maughan, Chairman and CEO of Forever Living Products, were pushed down the list as others have risen.
September 2012: Wealthiest Arizona ResidentsIt is interesting to note that none of the wealthiest people on the Arizona list are women. There haven't been any women from Arizona since Forbes started producing the list. All of Arizona's wealthiest people made their money in the Phoenix area and continue to live in greater Phoenix.
Bruce HalleAlso ranked at #92 in America and #255 in the world, Bruce Halle has moved up the list since being tied with Bennett Dorrance at #158 in 2009. He is the founder and chairman of Discount Tire with an estimated net worth of about $4 billion. Even in a bad economy people need tires! Discount Tire is based in Scottsdale, Arizona and has more than 800 stores in 23 states; it is the world's largest independent tire and wheel retailer. Mr. Halle is 82 years old, married with four children and lives in Paradise Valley.
Bennett DorranceRanked at #250 in the United States and #719 in the world, Bennett Dorrance has been on the wealthiest Americans list since it began in 1996. Mr. Dorrance is the grandson of Joseph Campbell, of the Campbell Soup Company. It was originally named the Joseph A. Campbell Preserve Company. Dr. John Dorrance, Joseph Campbell's nephew, joined the company and invented condensed soup in 1897. Today there are many brand names that belong to the company, including Pepperidge Farm, V-8, Franco-American and Godiva Chocolates. Mr. Dorrance's net worth comes in at about $2 billion this year. He is 66, married, and lives in Paradise Valley.
Bob ParsonsThe newest member of the Arizona billionaire's club, Mr. Parsons ranked at #311 in America and #854 in the world, with about $1.5 billion net worth. He is the Founder of GoDaddy.com headquartered in Scottsdale, Arizona where he lives. He is married, age 61.
Peter SperlingRanked at #388 in America and #1015 in the world, with about $1.2 billion net worth. Some of his wealth has been inherited. He made his fortune with the Apollo Group. What's that, you say? Well, you might know this company by its more familiar local name: University of Phoenix. John Sperling, his father, founded this University for working adults in 1973 which is now the largest private university system in the U.S. with both online and traditional programs. Peter has served in various officer positions at the Apollo Group and is currently Vice Chairman of the Board. He got his MBA from University of Phoenix -- good choice! Mr. Sperling is 52 and married with two children.
Arturo MorenoArturo or Arte Moreno is the owner of the Los Angeles Angels of Anaheim. With a net worth of $1.1 billion, Moreno was number 392 on the list of the 400 richest people in America and ranked at 1140 in the world. Mr. Moreno is a Tucson native. He is 66 years old and married with three children. He made his fortune working in a billboard and outdoor advertising business called Outdoor Systems. The company has since been sold. Mr. Moreno is a Vietnam veteran. He is also the majority owner of the Los Angeles Angels of Anaheim baseball.
Note: For some reason John Sperling does not appear as one of the Richest people in America on the Forbes list when sorting by state, Arizona. He and his son Peter, mentioned above, both ranked #368 in the U.S. in 2012, and they are both ranked at #1015 in the world with about $1.2 billion in net worth. He is 91 years old and twice divorced with one child, Peter. As of this writing (September 2012) he is still with us, still lives in Phoenix, and is the Executive Chairman of the Board of Apollo Group.