John Mars Net Worth, Biography and Career

John Mars Net Worth $42 Billion

Mr. John Mars is an American businessman and investor based in Wyoming. His father and grandfather were Forrest Mars, Jr. and Frank C. Mars. He is the current chairman of Mars, Incorporated, the globally renowned and successful candy company with delicious brands that include Twix, Mars, M&Ms, Milky Way, Snickers, and Juicy Fruit.

He has accumulated his impressive wealth courtesy of his being born into the prestigious Mars family, who found fame and fortune as the owners of the candy company responsible for many good-selling candies and snack foods in the United States of America, including Combos, three Musketeers, Snickers, M&Ms, Skiddles and many more.

Despite his famous name, this businessman has generally seen it fit to stay away from the spotlight, living a private and reclusive life in his home in Jackson, Wyoming, with his wife and children. He is highly committed to privacy and has illustrated this in the ways he handles his private and even public affairs.

His personal life is as smooth and steady just as his work in the business world. He has been married to the same woman, Adrienne Bevis, for more than five decades. While John Mars might not be a very visible billionaire, he has guided his family’s business Mars Incorporated into one of the world’s most successful and respected candy brands. More details follow below.

Early Life: Childhood, Education

He was born John Franklyn Mars on October 15, 1935, in the United States of America. He is the son of Forrest Mars, Sr., and his wife Audrey Ruth Meyer. His grandfather was Frank Clarence Mars. Franklyn’s father and grandfather were the founders of the American candy company Mars, Incorporated.

Mars attended Hotchkiss School in Lakeville, Connecticut. After graduating from there in 1953, he proceeded to Yale University for his tertiary studies. He is the brother of Jacqueline and Forrest Mars.

Professional Life: Business Career

As a member of the prestigious Mars family, Franklyn received his own share of the family’s company. His inheritance and other assets were worth more than 10 billion dollars in September 2010, registering him as the 26^th richest person in the United States and the 52nd wealthiest person in the world according to a Forbes report.

He significantly doubled his wealth in less than 2 years and became the 30th richest person in the world in the year 2012 with an estimated net worth of 20.1 billion.

According to a report collected on the Hurun Global Rich List in 2015, Franklyn was the 28th richest man in the world with a net worth estimated at 26 billion dollars. A dedicated entrepreneur, Mars never stopped working to improve himself.

His hard work was instrumental in his success and wealth, which went up to $29 billion in 2016 and made him rank as the 19th richest person in the world.

Franklyn Mars is a known investor who likes to take risks and challenge himself every day. In January 2017, he paid roughly 7.7 billion dollars to acquire the pet care company called VCA, Inc.

Personal Life: Family, Private Interests

Just like most other members of the Mars family, this businessman is passionate about the privacy of his private life. He hardly goes out of his policies to grant interviews to the media. Not so much is known in the media concerning the members of the Mars family and their businesses as well.

However, the status of his relationship is known to many. In the 2010 to 2014 Forbes rankings of personal wealth, Franklyn Mars was the highest-ranked person whose picture was unavailable to the magazine.

Since June 1958, he has been married to his wife Adrienne Bevis. They have three children: Linda Anne Mars, Frank Edward Mars, and Michael John Mars.

He lived in Fairfax County, Virginia, for many years with his family, but now resides in Jackson, Wyoming.

In March 2015, he was awarded an honorary knighthood by Queen Elizabeth II at Windsor Castle.

John Mars Net Worth: Salary, Assets, Income Sources

As of this writing, John Mars has a net worth of $42 billion. He earns his money from his family’s business, Mars, Incorporated, a successful candy company that he leads as chairman. He owns one-third of the candy company with the rest being owned by his sister, Jacqueline, and four nieces.

His inheritance from the family business in addition to other assets was worth more than 10 billion dollars in September 2010. It took him less than 2 years to significantly double his wealth to an estimated 20.1 billion, providing evidence for his work rate and dedication as a businessman.

He is now one of the richest people living in Jackson, and his role as the chairman of the successful globally top-rated Mars company will continue to fuel his net worth until he retires, and maybe even afterward.