2018 Gov’s Race Playbook — Newport’s Wealthiest Come Out for Raimondo

GoLocalProv Political Team

2018 Gov’s Race Playbook — Newport’s Wealthiest Come Out for Raimondo

van Beuren family foundation leadship Source: Foundation's website

The van Beuren clan, one of America’s wealthiest families, is hosting a $500 and $1,000 a head fundraiser for Governor Gina Raimondo.

The family is listed as the 13th most wealthy family in America — and are the heirs to the Campbell’s Soup fortune. This is just one in the endless stream of Raimondo's fundraisers -- a number have been highly controversial including events hosted by a former tobacco company CEO and one hosted by board members of a healthcare giant (Partners HealthCare) just before the company was coming before state regulatory review. 

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One of the hosts of the Raimondo event, Archibold D. van Beuren sits on the Campbell Soup Company Board.

According to Forbes, “At least 11 members of the lineage today collectively own more than 50% of the global food giant.”

The van Beurens have been a constant in Newport Society for decades. And, their family foundation donates millions annually to both Rhode Island, national and global charities. According to the most recent tax information, in 2015 the fund had assets of over $227 million and made donations of more than $8.8 million that year.

The matriarch of the family was a regular on the Forbes’ 400 list — America’s Most Wealthy. In 2001, Hope Hill van Beuren ranked #236 with a net worth of $1 billion

In an article written a few years ago, when the Campbell’s Soup Company was worth a third less than the present value, “Individually, six of the chemist's grandchildren are worth $500 million or more. Three of them - the children of Jack Dorrance - earn more than $41,000 a day in soup company dividends alone.

Such wealth has enabled the Dorrance family members to live in extraordinary style. Their residences include sprawling horse farms in the heart of Chester County and lavish homes in the old-money enclaves of Newport, R.I., and Bar Harbor, Maine."


2018 Governor’s Race Playbook - August 20, 2018

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