LeaderPortfolio
Mars
Jacqueline Mars
Rank #37
UNITED STATESFood & BeverageCandy, pet food

Jacqueline Mars

Net Worth
$49.14B
0% (24h)
Jacqueline Mars, born October 10, 1939, is an American heiress and investor. As a co-owner of Mars, Incorporated, she is a key figure in the confectionery and pet food industries, with a net worth estimated at $38.5 billion as of April 2024. Her wealth stems from her one-third stake in the family-owned Mars, Inc.. During her career, she served as Food Product Group President and on the board of directors before retiring in 2001. Mars is known for her philanthropic work, particularly in conservation, cultural programs, and community support. Her legacy is marked by her dedication to stewardship and her commitment to privacy, reflecting her values of long-term thinking and discreet leadership.

The Full Dossier

Early Life

Jacqueline Mars was born on October 10, 1939. She is the daughter of Audrey Ruth (Meyer) and Forrest Mars, Sr., and the granddaughter of Frank C. Mars, the founder of Mars, Incorporated. She graduated from Miss Hall's School and Bryn Mawr College in 1961 with a degree in anthropology. Mars participated in equestrian events during her youth.

Rise to Success

Jacqueline Mars inherited her wealth as a member of the Mars family, which founded and owns Mars, Incorporated. She joined the company in 1982 as the food product group president. She worked at the company for nearly 20 years and served on the board until 2016.

Key Business Strategies

Jacqueline Mars's career at Mars, Inc., focused on the food product group, contributing to the growth of major brands. Her leadership helped Mars strengthen its market position and expand its presence in pet care. Mars, Inc. is a privately held company, which allowed the company to focus on the long term.

Philanthropy

Jacqueline Mars is actively involved in philanthropy, focusing on causes that align with her values. She is the Chairman Emeritus of the board of directors for the Washington National Opera. She has also supported cultural and educational institutions and contributes to charities like the League of Conservation Voters. In 2021, she made a $1.25 million donation to The Catholic University of America.

Career Timeline

2001

Retired from Mars, Inc.

Retired from Mars, Inc. but remained a co-owner and advisor.

1982

Food Product Group President, Mars, Inc.

Joined Mars, Inc. and held the position of Food Product Group President.

Philanthropic Impact

ArtsUndisclosed

National Symphony Orchestra

Donations and support to the National Symphony Orchestra.

Environmental ConservationUndisclosed

League of Conservation Voters

Contribution to the League of Conservation Voters.

ArtsUndisclosed

Washington National Opera

Chairman Emeritus of the board.

Equestrian SportsUndisclosed

U.S. Equestrian Team

Trustee of the U.S. Equestrian Team Foundation.

Cultural HeritageUndisclosed

National Archives Foundation

Received the inaugural Heritage Award in 2011.

Education$1.25M

The Catholic University of America

Donation to help house the sculpture "Angels Unawares".

Wealth Trajectory