Forrest Mars Jr.

Forrest Mars Jr.

Forrest Mars Jr. net worth is $27 Billion. Also know about Forrest Mars Jr.’s bio, salary, height, age weight, relationship and more …

Forrest Mars Jr. Wiki Biography

  • Forrest Edward Mars Jr. was born in Oak Park Township, Illinois, USA, on 16 August 1931, and is best known as the grandson of the Mars confectionery company’s founder, who now sits on the board of directors. 
  • Forbes magazine lists Forrest, along with siblings Jacqueline and John, as the joint 22nd richest person in the world in 2015. 
  • Forbes reports that the net worth of Forrest is now $27 billion, nearly everything accrued as a result of owning one-third of the Mars candy company. 
  • Forrest Mars Jr. was educated and subsequently graduated with an MBA from Yale University at Hotchkiss School in Lakeville, Connecticut. 
  • Frank, Forrest’s grandfather, began the name of the Mars company in 1911, supposedly making chocolate in his kitchen in Tacoma, Washington. 
  • Having once gone bankrupt, Frank persevered, and the company invented the malt-flavored nougat inside Milky Way and Snickers after Forrest Sr. joined in 1929. 
  • M&Ms began in 1941 and the candies were marketed primarily to the army during WWII. 
  • The business then started to diversify into brand name products such as Pedigree and Whiskas, the rice and pet food brands of Uncle Ben. 
  • In the late 1950s, Forrest Jr. began his career with the company, and soon afterward became president of Mars Chocoladefabriek, N.V., producing candy for sale throughout the Popular Market in the Netherlands., but mostly based in Paris. 
  • With the success and development of this part of the Mars group, as well as the umbrella conglomerate, his net worth grew proportionately. 
  • In 1973, Forrest Sr. retired and handed the company over to his three children, who had a vested interest in the operations, and all served on the board of directors, although they did not operate it daily. 
  • The more business-minded, evidently, was Forrest Jr., and the business continued to expand and prosper. 
  • In 2009, for a whopping $23 billion, the company acquired gum maker “Wrigley” to create the world’s largest confectionary company. 
  • “Mars, Incorporated” was also the fifth-largest privately owned firm in the US at that time. 
  • Forrest Mars Jr. has been married twice in his private life, first to Virginia Cretella: they were divorced in 1990, and have four children. 
  • Wikipedia 1931 Adriel Alabama American Anaerobic Body Associated Press August 16 Baltimore Orioles Barack Obama Baxter International BMW Business Interstate 15 Catholic Church Chicago Clackamas County Confectionery Consumer Cellular Cook County Coupon CUPS Food and Beverage Forbes Forrest Forrest Mars Jr. Jacqueline Mars Job Development John Mars Jr. Franklin Clarence Mars Hotchkiss School IL Illinois Integrated M&M’s Mars Mars Family New York Oak Park Township Oregon University Snickers Sr. Tacoma The Container Store Victoria B. Mars Washington Yale University Uncle Ben’s Rice USA Victoria B. Mars Washington Yale University 

Forrest Mars Jr. Quick Info

Net Worth $27 Billion
Date Of Birth August 16, 1931
Place Of Birth Oak Park Township, IL, USA
Education Hotchkiss School, Yale University, New York University
Nationality American
Children Victoria B. Mars
Parents Forrest Mars, Audrey Mars
Siblings Jacqueline Mars, John Mars