Forrest Mars, Jr.’s profile picture

Forrest Mars, Jr.

Forrest Mars, Jr.’s profile picture
Net worth 2018: $23.4 Billion
Country: United States
BirthDay: 16 August 1931
Sigh: Virgo
Died On: 26/07/2016
Children: 4
Education: Bachelor of Arts / Science, Yale University; Diploma, The Hotchkiss School; Master of Business Administration, Leonard N. Stern School of Business
BIOGRAPHY

Forrest Mars, Jr. was bornon 16 August 1931 in United States. Forrest Mars, Jr., an heir to candy giant Mars Inc., died at age 84 on July 26, 2016. At the time of his death, he was the 16th wealthiest American and 25th richest person in the world, with a net worth of more than $25 billion. Mars, a Yale graduate and U.S. Army veteran who started his career as an auditor at Price Waterhouse, joined the family company in 1959, when annual sales were under $100 million. By the time he became co-president alongside his brother, John, in 1975, revenues had reached $1 billion. Mars then spent several decades promoting global growth for the company's diverse line of products, which include recognizable labels like M&Ms and Snickers. Mars Inc. has since ballooned into an international powerhouse, with 80,000 employees across 78 countries and $33 billion in annual revenue. In remembering his legacy, the company described Mars as "a man who insisted repeatedly that everyone's work should be fun and meaningful." He is survived by his wife, four children, eleven grandchildren, two great-grandchildren, and many other extended family members, including his brother John and sister Jacqueline, with whom he owned Mars Inc.

NET WORTH STATISTIC
2010

$10 Billion

2011

$13.8 Billion

2012

$17 Billion

2013

$20.5 Billion

2014

$22 Billion

2015

$23.4 Billion

2016

$23.4 Billion

2018

$23.4 Billion

TIMELINE
2018

Mars and his ex-wife donated the funds that made it possible for the Colonial Williamsburg Foundation to reconstruct an 18th-century coffeehouse in Colonial Williamsburg

2016

Mars died at age 84 on July 26, 2016, in Seattle, Washington, of complications from a heart attack

2015

In March 2015, Forbes estimated his wealth to be $26

2012

In October 2012, the Bloomberg Billionaires List ranked Mars as the 31st richest man in the world with an estimated net worth of 20

2010

According to Forbes magazine as of 2010, he was the 52nd richest person in the world, the 26th richest American, and the richest Virginian

1990

He divorced Virginia in 1990 to marry Deborah Adair Clarke

1949

Mars graduated from the Hotchkiss School in Lakeville, Connecticut, in 1949 and Yale University

1931

(August 16, 1931 – July 26, 2016) was an American heir

1929

Mars married Virginia Cretella, born 1929/1930 (age 87–88)

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