The Mars Family Net Worth

Net Worth: $30.3 Billion

Statistics
  • Source of Wealth Food (Candy, Pet Food, Chocolates)
  • Nationality United States
  • Occupation Businessman

About The Mars Family

Frank C. Mars began making chocolates in his kitchen in Tacoma, Washington state, in 1911. The rest, as they say, is history.

Now the world’s largest confectionery company, Mars achieves a turnover of about $27.5 billion a year. Its leading brands include the Milky Way bar, invented by Frank’s wife Ethel in 1923, M&Ms (more than 400 million are produced in the firm’s American plants every day) and Snickers, said to have been named after a favourite family horse.

Mars is also a leading manufacturer of pet food, with Pedigree and Whiskas among its pet-care brands. An intensely private company, Mars is owned by the third generation of the family, siblings Forrest, 79, John, 74, and Jacqueline Mars, 71. The company briefly hit the headlines in 2008 by making a joint purchase of Wrigley, the chewing gum company, with Warren Buffet (qv) for $23 billion. With other assets, the Mars family is worth about $30.3 billion.

Earnings & Financial Data

The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of The Mars Family's net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.

?
Choose Year
  • Earnings 2013
Earnings 2013N/A
Others 2013

Annual turnovers of Mars which is considered as the world's largest confectionary company

$27,500,000,000

Leave A Comment