Net Worth: $32 Billion
- Source of Wealth Candy
- Age Deceased at 84 years old on 2016-07-26
- Birth Place Oak Park Township, Illinois, United States
- Marital Status Divorced (Deborah Adair Clarke)
- Full Name Forrest Edward Mars Jr.
- Nationality American
- Date of Birth August 16, 1931
- Occupation Businessman
- Education Yale University, The Hotchkiss School, Leonard N. Stern School of Business at New York University
- Children 7 (Victoria, Valerie, Pamela, Marijke)
About Forrest Mars Jr.
American businessman Forrest Mars. Jr. has an estimated net worth of $32 billion in July 2016 according to Bloomberg.
Forrest Edward Mars Jr. was born on August 16, 1931 Oak Park, Illinois. After completing his bachelor’s degree, he attended Yale University where he completed his master’s degree. His first marriage was to Virginia Cretella who bore him four children named Victoria, Valerie, Pamela and Marijke. In 1990, he married Deborah Adair Clarke. They divorced in 2010.
Previously considered as the wealthiest Virginian, Forrest Mars Jr. was the owner of 82,000-acre land that stretches from the northern part of Powder River Basin through Tongue River in Montana.
Along with his siblings Jacqueline and John, Forrest Mars owned the giant candy manufacturing company Mars, which was valued at $33 billion. Mars is now considered as the largest candy manufacturing company in the world today.
The company was founded by their grandfather in 1911 who started with chocolate making in Tacoma Washington. In 1929, their late father Forrest Mars Sr. joined the company. Together, the father and son tandem created the malt-flavored nougat which became the basis of making Snickers and Milky Way. In 1941, Forrest Mars Sr. launched M&M. Among the company’s products include Snickers, Skittles, Twix, and 3 Musketeers.
Earnings & Financial Data
The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Forrest Mars Jr.'s net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.
- Earnings 2009
Value of the gum maker Wrigley that he acquired and turned to be the world’s largest confectionary company