This is how I see the relationship (If you have Ceiri Griffith, its #27, #98, # 152 - amongst several others)
The parents of Jane Hughes were Thomas Hughes and Margaret Owen. The parents of Margaret owen were Owen Humphreys and Martha Williams.
Owen Humphreys and Martha Williams had a daughter called Jane Owen, around 11 years younger than sister Margaret. She married William Jones (My closest connection to this family)
They had a daughter Mary Jones, who married Richard Owen.
They were the parents of Dame Margaret. The younger John Owen would therefore be her second cousin.
Another son, William, is noted for Derwin fawr, dying in 1830 at 14 years of age.