Early Life
Jacqueline Mars was born on October 10, 1939. She is the daughter of Forrest Mars Sr. and Audrey Ruth (Meyer) and the granddaughter of Frank C. Mars, the founder of Mars, Incorporated. She grew up in a family that built a global empire starting with a small candy business. She attended Miss Hall's School and graduated from Bryn Mawr College in 1961 with a degree in anthropology. She had a strong interest in equestrian sports and participated in horse shows.
Rise to Success
Jacqueline Mars joined Mars, Incorporated in 1982, eventually becoming the Food Product Group President. She played a crucial role in expanding the business internationally. She served on the board of directors until 2016 and retired from an active role in the company. As of 2024, her net worth is $41.6 billion, reflecting her substantial ownership stake.
Key Business Strategies
The Mars family maintained a focus on privacy and long-term goals. Jacqueline's involvement in the company helped to uphold values of quality and sustainability. Mars, Inc. is a privately held company, allowing the family to control operations. The company's commitment to sustainability and ethical sourcing has been a key strategy.
Philanthropy
Jacqueline Mars is actively involved in philanthropy, supporting environmental conservation, animal welfare, and education. She has served on the boards of organizations such as the National Archives Foundation and the Washington National Opera. Her philanthropic initiatives include donations to the National Symphony Orchestra and support for equestrian programs.