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

Summary by Fortune
Mitzi Perdue, the double-heiress of Sheraton hotels and Perdue farms, grew up wearing hand-me-downs and getting a public education. She’s quick to draw her pursestrings by flying economy, riding the subway, and living in a modest  apartment—despite sitting on a fortune from two billion-dollar American businesses. The 84-year-old journalist and philanthropist says it helps her understand “the real world.” The thought of a billionaire’s lifestyle …

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Fortune broke the news in New York, United States on Sunday, June 15, 2025.
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