John Franklyn Mars Explained

John Franklyn Mars
Birth Place:Arlington, Virginia, U.S.
Education:Hotchkiss School
Yale University
Occupation:Chairman, Mars, Inc.
Children:3
Parents:Forrest Mars, Sr. (1904–1999)
Audrey Mars (1910–1989)
Relatives:Frank C. Mars (grandfather)
Forrest Mars, Jr. (brother)
Jacqueline Mars (sister)

John Franklyn Mars (born October 15, 1935) is an American businessman and heir. He is the chairman of Mars, Inc. As of November 2023, Bloomberg Billionaires Index estimated his net worth at US$46.4 billion, ranking him the 24th-richest person in the world (tied with his sister Jacqueline).[1]

Early life

John Franklyn Mars was born on October 15, 1935. He is the son of Audrey Ruth (Meyer) and Forrest Mars, Sr., and grandson of Frank C. Mars, founders of the American candy company Mars, Incorporated. Mars graduated from the Hotchkiss School in Lakeville, Connecticut in 1953[2] and Yale University.

Career

As a member of the Mars family, his share of the company and other assets were worth US$10 billion in September 2010, making him then the 52nd-richest person in the world and the 26th-richest person in America, according to Forbes. As of October 2012, Mars was listed as the 30th-richest person in the world with an estimated net worth of $20.1 billion.[3]

According to the Hurun Global Rich List 2015, he was 28th richest person in the world with a net worth of US$26 billion.[4] In 2016, his net worth went up to $29 billion, and he became then the 19th-richest person in the world.

In January 2017, he paid $7.7 billion for VCA, Inc, a pet care company.[5]

Personal life

He married Adrienne Bevis in June 1958.[6] They have three children: Linda Anne Mars born, Frank Edward Mars born, and Michael John Mars born .

He formerly lived in Fairfax County, Virginia[7] but now resides in Jackson, Wyoming. In the 2010 to 2014 Forbes rankings of personal wealth, Mars was the highest ranked person whose photograph was unavailable to the magazine.

In March 2015, Queen Elizabeth II awarded him an honorary knighthood at Windsor Castle.[8]

Notes and References

  1. News: Bloomberg Billionaires Index: John Mars. Bloomberg. November 1, 2023.
  2. Web site: Alumni Award: PREVIOUS RECIPIENTS . The Hotchkiss School . 2004 . March 8, 2015 . dead . https://web.archive.org/web/20150310133421/http://www.hotchkiss.org/alumni/Accomplishments.aspx . March 10, 2015 .
  3. Web site: Bloomberg Billionaires Index . December 3, 2012 . Bloomberg LP . dead . https://web.archive.org/web/20121214085457/http://topics.bloomberg.com/bloomberg-billionaires-index/ . December 14, 2012 .
  4. Web site: ºúÈó°Ù¸» - www.hurun.net . www.hurun.net . 12 January 2022 . https://web.archive.org/web/20150210163728/http://www.hurun.net/en/ArticleShow.aspx?nid=9607 . 10 February 2015 . dead.
  5. Web site: John Mars . May 7, 2017 . Forbes.
  6. Web site: Director Emerita: Adrienne Mars . World Wildlife Fund . February 25, 2011.
  7. News: The World's Billionaires (2010): #52 John Mars . . March 3, 2010 . February 24, 2011.
  8. Web site: Atlantico Press. Inspiring. Code. Atlântico Press.