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$10 billion Perdue farms heiress wore hand-me-downs, rides the subway, and flies economy

Mitzi Perdue was born into the Sheraton hotel family, and at just the age of 26, she and her siblings inherited their father Ernest Henderson’s controlling stake of the business. The success of her family’s $12.2 billion hospitality company meant she was now sitting on a considerable nest egg.

Her fortune would only swell after marrying her late husband Frank Perdue, the “chicken king” who led America’s largest chicken-producer, Perdue Farms, which brought in over $10 billion in revenue last year. The double-heiress has the riches to retire and live a life of extravagance.

The 84-year-old has access to a trust from her family’s billion-dollar business, alongside the wealth from the Perdue empire. Yet she still lives just like anybody else: taking her shoes to the cobbler instead of buying new ones, riding the subway, flying economy, and living in a modest apartment instead of a house.

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by Anonymousreply 35June 17, 2025 5:14 AM

“The Hendersons and the Perdues did not encourage extravagance,” Perdue tells Fortune. “In both families, nobody wins points for wearing designer clothes.”

Perdue has lived a double life—having access to immense privilege and money from two business empires, while holding down a regular job and living frugally.

“My apartment building I lived in for 14 years is very solidly middle-class, and I love it,” Perdue says. “If you’re always going on private jets, what inkling do you have about the real world?”

Perdue was born in 1941, and as a war baby and fifth child of the Hendersons family, she grew up wearing hand-me-downs. She says she went to public school for a period of her life, later enrolling in private school and pursuing a Harvard education. When she was in her late 20’s her father died, opening up the floodgates of her inheritance. But she wasn’t enticed by the idea of throwing in the towel and lounging for the rest of her life.

“I could have just put everything in the stock market and let somebody else manage it,” Perdue says.

Interested in agriculture, Perdue soon bought land near the University of California, Davis so the college could run experiments on the agricultural area. She spent many hours a day managing the rice farm, but years later decided to become a journalist covering farming practices and mental health.

Starting in 2022, she began covering the conflict in Ukraine and sold her $1.2 million engagement ring from her late husband to benefit humanitarian efforts in the war-torn region. She’s currently working on developing an AI trauma therapist for victims in Ukraine, which has lacked the resources to keep up with demand. For all of her work trips, she always flies economy.

Perdue has also lived in an apartment building in Salisbury, Maryland, for many years, rubbing shoulders with working-class residents like nurses and police officers. She says one year’s rent in her one-bedroom flat costs just as much as what her New York City friends pay in one month.

“Several Perdue employees live in the same building,” Perdue says. “It’s nice, but no one would call it posh.”

And as a self-proclaimed “low-maintenance badass” frequently visiting New York City, she rides the subway instead of booking Ubers. Perdue also gets her shoes reupholstered, rather than buying new pairs; and designer outfits are shrugged off, as she doesn’t like flashing her wealth. Her frugal philosophy is more than just skin-deep.

“I’m unaware of getting praise for wearing really expensive clothes—you get praised like heck for being an Eagle Scout, or working for Habitat for Humanity,” Perdue continues. “You get praise for serving others.”

by Anonymousreply 1June 15, 2025 3:07 PM

I guess we're supposed to clap for her? Personally, I don't buy all of this. Sure she doesn't flaunt the wealth, but she still has an amazing lifestyle.

This seems like PR - for what reason, I don't know.

by Anonymousreply 2June 15, 2025 3:13 PM

People with nothing always seem to think people with much should be spending.

by Anonymousreply 3June 15, 2025 3:18 PM

R3 - well, that's how the economy should work, right? Otherwise it's hoarding.

The problem with billionaires is that you can't reasonably spend that money on lifestyle - so it just keeps accumulating, so you buy other things - land, apartment buildings, private homes, businesses - and your wealth keeps increasing.

Then those who DO spend it on lifestyle start to chase ridiculous shit - superyachts, gold-plated toilets, and all sorts of needlessly extravagant items because well - it's pointless and doesn't increase happiness at all.

Billionaires are a suck on society - end of story.

by Anonymousreply 4June 15, 2025 3:54 PM

[quote] The problem with billionaires is that you can't reasonably spend that money on lifestyle - so it just keeps accumulating, so you buy other things - land, apartment buildings, private homes, businesses - and your wealth keeps increasing.

Brewster's Millions.

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by Anonymousreply 5June 15, 2025 4:03 PM

I approach my life with chicken feed.

by Anonymousreply 6June 15, 2025 4:48 PM

How un-American!

by Anonymousreply 7June 15, 2025 5:02 PM

"So I was tired of people asking me for money for charities and seeing me as a dollar sign and having a lack of purpose in life, so I like to cosplay as a middle-class American. My anthropological studies of these people are FASCINATING. They collect these things called coupons (some say kyu-pons others say coo-pons) to use at grocery stores and other places to reduce their costs."

"Oh Mitzi - you're TOO MUCH! Are you saying you do your own grocery shopping or is that just for research?" asked Muffy Davenport.

"OH I MUST get amongst the people to observe them in their natural habitats - so yes, I am compelled to go where they frequent. There are apparently different levels of grocery stores - more expensive, moderate and least expensive. Oh I could go on for DAYS with all the things I've learned. You'd be very surprised - the poor and middle class are pretty inventive and resourceful people. They will re-use things for other purposes and will often 'trade' off-market in what's called 'second-hand' furniture and clothing. It's QUITE the subculture Muffy! And they've taken me in and see me just as another middle-class American in their world."

Neighbor Christine Bowers said "Mitzi? That rich bitch down the street? I feel like she's trolling us - I don't see her donate ANYTHING to our community. She just shows up with her expensive haircuts and really well-made clothes with a cheap potluck dish she bought at Krogers. And nobody I know has a nickname of Mitzi. We just put up with her."

by Anonymousreply 8June 15, 2025 5:14 PM

Neighbor Christine Bowers should be given a lifetime honorary membership in DL. Brava!

[quote]Neighbor Christine Bowers said "Mitzi? That rich bitch down the street? I feel like she's trolling us - I don't see her donate ANYTHING to our community. She just shows up with her expensive haircuts and really well-made clothes with a cheap potluck dish she bought at Krogers. And nobody I know has a nickname of Mitzi. We just put up with her."

by Anonymousreply 9June 15, 2025 6:30 PM

R9 - Just for fun, whenever she invites herself over to our neighborhood BBQs, Jennifer and I ask her if she has any Grey Poupon mustard. She always says no but she can go home and get some.

We just sit and laugh and laugh and laugh. Jen once yelled "And bring some CHICKEN!" to her - but she didn't like that.

by Anonymousreply 10June 15, 2025 7:12 PM

This person is exactly what Pulp's Common People was talking about and making fun of.

by Anonymousreply 11June 16, 2025 3:22 PM

And I admire Christy Walton of the Walmart family who paid for a color ad in the New York Times urging people to come out for NO KINGS protest last weekend.

Another reason why I shop Walmart dot com before Amazon.

by Anonymousreply 12June 16, 2025 3:31 PM

I don't buy this story she lied in a 1 bedroom apartment for workers for decades. And it's impossible to find out her real address now or when she was married to frank. She is worth 10-20 billion. give me a fucking break.

by Anonymousreply 13June 16, 2025 3:40 PM

My favorite chicken processing industry heir is DL fave John Randal Tyson, hot trespassing blackout drunk.

by Anonymousreply 14June 16, 2025 4:12 PM

“ Her fortune would only swell ….”

Just like our dicks!

by Anonymousreply 15June 16, 2025 4:24 PM

freudien slip: "I don't buy this story she lied in a 1 bedroom apartment for workers for decades."

lived

by Anonymousreply 16June 16, 2025 4:29 PM

She could be nutz

by Anonymousreply 17June 16, 2025 5:19 PM

Dear Lord in Heaven!

by Anonymousreply 18June 16, 2025 6:16 PM

R13 - I looked up her address in Salisbury MD. She used to live in a single family home 4000-6000 sq ft, but it does look like a VERY modest street.

She moved just a few months ago to 530 Riverside Drive, #202 in Salisbury - but she apparently lived there before in a different apartment several years earlier.

She also lived at 800 Fifth Avenue #30F, which she sold in March 2025. Still modest 2000sq ft apt 2 bed, 2.5 bath.

I don't know - sounds like partially true and partially false modesty. Her husband is listed as living in that apt also - but he has other addresses listed under his name.

by Anonymousreply 19June 16, 2025 7:57 PM

Maybe if you’ve been raised with riches it’s fun to play poor.

by Anonymousreply 20June 16, 2025 8:06 PM

She still gets off on having that much money. She just uses it in different ways. How could you not. Now tell me she watches Wheel of Fortune every day eating dinner off a TV foldable aluminum tray table. Then I'll be impressed.

by Anonymousreply 21June 16, 2025 8:46 PM

She wants to live like common people. She wants to do whatever common people do.

I mean, good for her for doing good works with her sizeable fortune, but the "modest lifestyle" stuff seems really performative.

by Anonymousreply 22June 16, 2025 9:04 PM

Yes, she's a billionaire but you guys obviously don't know many millionaires. Life is not the Kardashians and there are many wealthy people who live a similar lifestyle.

by Anonymousreply 23June 16, 2025 9:22 PM

I'm wondering if her and hubby had a spending problem / gambling problem at one time and they were put on strict allowances.

There's always something else going on.

Particularly when you put this out into the press on Fortune magazine. Most billionaires don't talk about this stuff. Why is she doing this? There's some reason - and I don't suspect it's for the reason she states.

by Anonymousreply 24June 16, 2025 9:45 PM

It's possible that while she had money when she was younger - she didn't have a ton of it until well into her 30s. Both the Sheraton and Perdue brands have taken off in the last 50-55 years.

I had a friend who grew up on a farm and lived relatively modestly. Then their family's business took off in a huge way- everyone in the US knows this brand. Her portion is well over $700 million but many of her older relatives are billionaires. But she didn't have that kind of money growing up at all. They weren't poor by any means - but not RICH rich. She drives a 20 year old Saab.

So maybe they've seen regular UMC life and the super-rich life and prefer the former. That's all I've got as an answer.

by Anonymousreply 25June 16, 2025 9:57 PM

"Yet she still lives just like anybody else: taking her shoes to the cobbler instead of buying new ones..."

Not one of all the "common folk" I know has ever told me they take their shoes to a cobbler. They just buy new shoes.

by Anonymousreply 26June 16, 2025 10:46 PM

R26, if you buy a pair of quality shoes there is no need to throw them away and buy new. You have the soles repaired and you can wear them for years to come.

by Anonymousreply 27June 16, 2025 10:59 PM

She should buy herself an island and a rent boy and donate the rest to charity

by Anonymousreply 28June 16, 2025 11:00 PM

“It’s Mitzi, Mitzi Perdue, like the chicken…”

by Anonymousreply 29June 16, 2025 11:01 PM

[quote] I had a friend who grew up on a farm and lived relatively modestly. Then their family's business took off in a huge way- everyone in the US knows this brand. Her portion is well over $700 million but many of her older relatives are billionaires. But she didn't have that kind of money growing up at all. They weren't poor by any means - but not RICH rich. She drives a 20 year old Saab.

Does she still talk to you, R25? Are you still friends?

It must be nice, being friends with someone that rich.

by Anonymousreply 30June 16, 2025 11:12 PM

I am aware of that, R27, but my point was, it tends to be wealthier people-- the ones who buy finer shoes in the first place-- who take them to be re-soled. So, using that as an example of how humbly this woman lives really didn't work for me.

by Anonymousreply 31June 17, 2025 12:55 AM

I can understand riding the subway but flying economy? Performative bullshit. These kinds of rich people have never impressed me.

by Anonymousreply 32June 17, 2025 3:00 AM

I'm trying to remember who it was who went off on Mother Theresa for this kind of performative piety. Was it Christopher Hitchens?

(Computer says: yes)

by Anonymousreply 33June 17, 2025 3:23 AM

I’m in the distinct minority here but see seems admirable to me, and she’s 84 so I doubt she’s been living the way she has just for this recent PR.

I have one good friend who comes from very, very big money - he lives a non-flashy upper middle class lifestyle and has devoted much of his time and money to philanthropy; not everyone with a high net worth acts like Trump or Zuck.

by Anonymousreply 34June 17, 2025 3:52 AM

marie antionette had a country village created at versailles so she could play shepardess.

same old, same old.

by Anonymousreply 35June 17, 2025 5:14 AM
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