Last Updated: 25 Mar, 2023 | Views: 805
Profession: Business Men
Other Profession(s): Entrepreneur
Famous For: chairman of Mars, Inc.
Higher Education: Hotchkiss School Yale University
Net Worth: $52.9 billion
John Franklyn Mars is an heir and successful American businessman. He oversees Mars, Inc. as chairman. His net worth was assessed at USD$46.2 billion as of June 25, 2021, according to the Bloomberg Billionaires Index, making him the 48th-wealthiest person in the world (tied with his sister Jacqueline). Mars was the grandson of Frank C. Mars, who founded Mars, Inc. in the early 1900s. Mars is the son of Audrey Ruth (Meyer) and Forrest Mars, Sr. His education began at the Hotchkiss School in Lakeville, Connecticut and continued at Yale University.
In 2010: Including his shares in the company and other assets, he was worth $10 billion as a member of the Mars family.
In 2012: Mars has an estimated net worth of 20.1 billion, making him the 30th richest person in the world.
In 2015: His net worth was US$26 billion, ranking 28th on Hurun Global Rich List.
In 2016: He became the 19th richest person in the world with a net worth of $29 billion.
In 2017: He bought VCA Inc for $7.7 billion.
Achievements and Awards:
In 2008: Wrigley was acquired for $23 billion by Mars.
From 2010 to 2014: Mars ranked highest in Forbes' rankings of personal wealth without having his photograph available.
In 2015: His honorary knighthood was conferred at Windsor Castle by Queen Elizabeth II.
Mars also makes pet food, such as Ben's Original rice, as well as brands like Pedigree and Whiskas.
When their father, Forrest Jr., died in 1999, John and his siblings inherited stakes in Mars.