Businessman and heir John Mars was born in America on October 15, 1935. He oversees Mars, Inc. as chairman. His net worth was assessed at USD$60 billion as of 2023. According to the Bloomberg Billionaires Index, making him the 48th-richest person in the world.
John Mars Bio/Wiki
| Birth Name | John Franklyn Mars |
| Nick Name | John Mars |
| Age | 88 years (As of 2023) |
| Religion | NA |
| Sun Sign/Zodiac Sign | Libra |
| Birth Place | Arlington County , United States |
| Date of Birth | 15th October 1935 |
| Nationality | American |
| Hobbies | Watching Football |
Family |
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| Mother's Name | Forrest Edward Mars |
| Father's Name | Audrey Mars |
| Brother |  |
| Sister |  |
Girlfriends/Affairs |
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| Affairs/Girlfriends | NA |
Marital Status, Wife and Children |
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| Wife/Spouse | Adrienne Bevis |
| Marital Status | Married |
| Children | Michael John Mars, Frank Edward Mars, Linda Anne Mars |
Education |
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| School | Hotchkiss School |
| College/University | Yale University |
| Profession | Businessperson, Entrepreneur |
Height, Weight, and Figure Measurements |
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| Height (Approx.) | NA |
| Weight (Approx.) | NA |
Extra Ordinary Features |
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| Race / Ethnicity | American |
| Hair Color | Bald (Gray hair colour) |
| Eye Color | Black |
| S*xual Orientation | Straight |
Favourite Things |
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| Favourite Food | Mexican Cuisine |
| Favourite Book | NA |
| Favourite Colors | White |
| Favourite Sport | American Soccer |
| Controversies | None |
Early Life
The date of John Franklyn Mars’ birth is October 15, 1935. He is the grandson of Frank C. Mars and the son of Forrest Mars, Sr., both of whom founded the American confectionery firm Mars, Incorporated. In 1911, Frank Mars, John’s great-grandfather, started producing chocolate in his Tacoma, Washington, kitchen. Moreover, the malt-flavoured nougat and M&Ms, of which the United States produces over 400 million daily, were created by his father Forrest Sr. With the well-known brands Uncle Ben’s Rice and Whiskas operating under the Mars banner, the company has also expanded into the consumer and pet food industries. The Fred W. Smith National Library for the Study of George Washington has received a lot of funding from Mars.
Personal Life
In June 1958, he wed Adrienne Bevis. Frank Edward Mars was born on March 13, 1963, and is now 88 years old. Linda Anne Mars was born on May 23, 1960, and Michael John Mars was born on November 22, 1967 (age 54). He presently resides in Jackson, Wyoming, having formerly resided in Fairfax County, Virginia. Moreover, Mars was the highest-ranked individual in the Forbes rankings of personal fortune from 2010 to 2014 for whom the magazine was unable to obtain a photo. He received an honorary knighthood from Queen Elizabeth II in March 2015 at Windsor Castle. Sen. Marco Rubio’s leadership committee, Reclaim America PAC, received a $300 donation from John Mars and his wife in 2013. (R-Fla.) The Fred W. Smith National Library for the Study of George Washington has received a lot of funding from Mars.
John Mars Education
Before joining the family company, John finished his education at Yale University and Hotchkiss School, Yale University being a prestige university shows how intellectual John Mars was in his youth days.
Professional Career
When John was a young boy, his father refused to spend money on a respectable standard of living in order to grow his business, teaching John valuable lessons about how to live frugally with food and money. As the years went by, he formed the habit of having to work for whatever he desired in life, with no access to expensive clothing, vehicles, or other perks. John’s father subjected him to this hard lifestyle in an effort to make him useful rather than a playboy who took pride in his fortune. John was rewarded for his efforts in childhood when he was young and able to support himself. When John was a young boy, his father refused to spend money on a respectable standard of living in order to grow his business, teaching John valuable lessons about how to live frugally with food and money. As the years went by, he formed the habit of having to work for whatever he desired in life, with no access to expensive clothing, vehicles, or other perks.
Family
John’s father subjected him to this hard lifestyle in an effort to make him useful rather than a playboy who took pride in his fortune. John was rewarded for his efforts in childhood when he was young and able to support himself. Another issue arose in 1988, when Hershey overtook Mars as the number one firm in America, moving it to second place for the first time in the history of the sector. John helped his brother Forrest Jr. this time restore the company to its former status by acquiring Ethel M Chocolates, a company their father had started after turning over Mars to them. This move increased the company’s operations, and when combined with several other wise choices, it helped the business regain its reputation from 1991. John overcame every challenge on his way to becoming a prosperous businessman and is now regarded as Mars’ major decision-maker and main intellect. He is also credited with pushing the company toward automation, which enabled it to expand outside of the United States by improving productivity. As a result, John Mars’ early training helped him reach unprecedented heights of accomplishment.
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John Mars Net Worth
His net worth as of 2023 is $60 Billion. The majority of Mars’ wealth comes from his one-third ownership of Mars Inc., a privately held American manufacturer of candy, food, and pet products with headquarters in McLean, Virginia.
| Estimated Net Worth in 2023 (Approx) | $60 Billion |
| Estimated Net Worth in 2022 (Approx) | $53 Billion |
| Estimated Net Worth in 2021 (Approx) | $31.3 Billion |
| Estimated Net Worth in 2020 (Approx) | $24.7 Billion |
| Annual Salary | >$3.5 Billion |
Assets |
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| Houses |    |
| Cars |   |
| Jets | NA |
The research makes the assumption that third-generation siblings Jacqueline, John, and Forrest Jr. each received an equal share of the money. Moreover, regarding the split of individual stockholders, the business refuses to comment. The company is the biggest candy manufacturer in the world and is best known for its confections including Snickers, M&Ms, Milky Way, and Twix. According to Euromonitor, it controls more than half of the U.S. chewing-gum industry thanks to its acquisition of Wrigley in 2008 for $23 billion. He distributes brands like Big Red, Doublemint, Eclipse, Juicy Fruit, and Orbit. Altoids, Life Savers, Skittles, and Starburst are some of its other well-known sweets. Ben’s Original and Suzi Wan are two of its food brands, and Pedigree, Whiskas, and Eukanuba are three of its pet food and care brands.
Company Valuation
The company is valued using the average enterprise value-to-sales and enterprise value-to-Ebitda multiples of three publicly traded peer companies: Hershey, Nestle, and Mondelez International. The company had revenue of more than $40 billion in 2021, according to a January 2022 Moody’s credit opinion report. Mars purchased the network of veterinary hospitals VCA Inc. for $7.6 billion in 2017. Also, the snack-bar manufacturer Kind in 2020. Moreover, the valuation of Mars Inc. takes into account both assets. According to figures from Bloomberg, as of April 2022, Mars Inc. owed $14.5 billion in loans and other debt. Amy Weiss, a representative of Mars Inc., declined to comment on the valuation.
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John Mars Wife
He has a wife. Adrienne Bevis is his spouse. Moreover, Frank Edward Mars, Linda Anne Mars and Michael John Mars are their three children.
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John Mars Height, Weight & Age
Although his height and weight are still unknown. However, John Mars seems very fit for his age, he is 86 years old as of 2022.
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FAQs
How much is the net worth of John Mars? $60 Billion Who is John Mars’s wife? Adrienne Bevis What is John Mars’s age? 88 years What is the name of John Mars’s firm? Mars Corporation
