JOURNAL ARTICLE

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy.

  • Published In: Fortune.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Burleigh, Emma 3 of 3

Abstract

The article focuses on Mitzi Perdue, an heiress of Sheraton Hotels and Perdue Farms, who exemplifies a frugal lifestyle despite her access to immense wealth from two billion-dollar businesses. At 84 years old, Perdue chooses to live modestly, often flying economy, riding the subway, and wearing secondhand clothes, reflecting her belief in understanding the "real world." She emphasizes the importance of philanthropy and hard work over extravagance, stating that true happiness comes from serving others rather than indulging in luxury. Perdue's life illustrates a commitment to stewardship and a desire to contribute positively to society, rather than simply enjoying her inherited wealth. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2025/10, pN.PAG
  • Document Type:Article
  • Subject Area:Agriculture and Agribusiness
  • Publication Date:2025
  • Accession Number:188885274
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