Jacqueline Mars Net Worth: $56 Billion
Summary Table
| Category | Details |
|---|---|
| Net Worth | $56 Billion |
| Birthdate | October 10, 1939 (84 years old) |
| Gender | Female |
| Profession | Businessperson |
| Nationality | United States of America |
Introduction
Jacqueline Mars is a billionaire heiress and philanthropist with a net worth of $56 billion. She is the daughter of Forrest Edward Mars, Sr., and the granddaughter of Frank C. Mars, founders of Mars, Incorporated. This American candy company is known for brands such as Skittles, M&Ms, Mars Bar, Starburst, and Snickers. Jacqueline Mars owns one-third of Mars Inc., contributing significantly to her immense wealth.
What is Jacqueline Mars’ Net Worth?
Jacqueline Mars‘ net worth is estimated at $56 billion. Her fortune comes from her ownership stake in Mars, Inc., a company that generates over $45 billion in annual revenue. She was actively involved in the company from 1982 until her retirement in 2001.
Early Life and Education
Jacqueline Mars was born on October 10, 1939, to Forrest Mars Sr. and Audrey Ruth. Her grandfather, Frank C. Mars, founded Mars, Inc., which her father developed into a highly successful business empire. Jacqueline has two brothers, Forrest Jr. and John. She attended Miss Hall’s School in Pittsfield, Massachusetts, and later graduated from Bryn Mawr College in Pennsylvania in 1961 with a degree in anthropology.
Mars, Incorporated
Company Overview
Mars, Inc. is one of the largest privately held companies in the United States. It is best known for its confectionery products, including:
- Milky Way bars
- Mars bars
- M&M’s
- Snickers
- Twix
- Skittles
Beyond candy, Mars produces various food items and pet foods, such as Combos, Ben’s Original, Dolmio, Pedigree, Nutro, and Royal Canin. The company also owns Wrigley, known for Orbit gum, and offers veterinary services.
Jacqueline’s Role
Jacqueline Mars joined Mars, Inc. as food product group president in 1982 and retired in 2001. She owns one-third of the company, while her brother and four nieces own the remaining shares.
Philanthropic Endeavors
Jacqueline Mars is deeply involved in philanthropy, focusing on the arts, environmental conservation, and cultural preservation. Her notable activities include:
- Board Memberships: Washington National Opera, National Sporting Library and Fine Arts Museum
- National Advisory Council: Journey Through Hallowed Ground, a National Heritage Area from Gettysburg, Pennsylvania, to Charlottesville, Virginia
- Donations: Regular contributions to the League of Conservation Voters, promoting sustainable policies and accountability
- Organic Farming: Owns a working organic farm protected by the Land Trust of Virginia
- US Equestrian Team: Trustee, reflecting her passion for horses
Automobile Crash
In 2013, Jacqueline Mars was involved in a tragic automobile crash on US Route 50 in Aldie, Virginia. She crossed the highway center line and collided with a minivan carrying six passengers, resulting in one death and a subsequent miscarriage. Mars stated that she fell asleep at the wheel and was charged with misdemeanor reckless driving. No drugs were found in her system.
Personal Life
Jacqueline Mars has been married twice:
- David H. Badger (1961-1984): They had three children—Alexandra, Stephen, and Christa. Stephen is a general partner at the March Group and a board member of Island Press. He also co-produced the documentary “Muscle Shoals.”
- Harold Vogel (1986-1994): They lived in Bedminster, New Jersey, before divorcing.
Other Mars Family Net Worths
Jacqueline Mars’ legacy extends beyond her immense wealth. Her contributions to Mars, Inc. and her philanthropic efforts in the arts and environmental conservation reflect her commitment to positive societal impact.
