LeaderPortfolio
Mars
Valerie Mars
Rank #267
UNITED STATESFood & BeverageCandy, pet food

Valerie Mars

Net Worth
$11.734B
0% (24h)
Valerie Mars is an American billionaire heiress and businesswoman, a fourth-generation member of the Mars family. Her primary source of wealth stems from her stake in Mars, Incorporated, a global leader in the food and pet care industries. Born on January 20, 1959, she inherited an estimated 8% stake in the company following her father's death in 2016. Valerie earned a Bachelor of Arts degree from Yale University and an MBA from Columbia Business School. She began her career outside the family business, working at financial institutions before joining Mars, Incorporated in 1992. Over the years, she rose to Senior Vice President of Corporate Development, contributing to the company's growth through strategic initiatives. She retired from Mars, Inc. at the end of 2024. Currently, she is on the Board of Directors for PureCycle Technologies, Inc., advocating for sustainability.

The Full Dossier

Early Life

Valerie Anne Mars was born on January 20, 1959. She is the daughter of Forrest Mars Jr. and Virginia Cretella. Her father was a pivotal figure in the expansion of Mars, Incorporated. Valerie has three sisters: Marijke, Pamela, and Victoria, all involved with the family business. She earned a Bachelor of Arts degree from Yale University and an MBA from Columbia Business School.

Rise to Success

Valerie started her career outside the family business, working at Manufacturers Hanover Trust in New York as an assistant secretary. Later, she joined Mars, Incorporated in 1992, eventually ascending to Senior Vice President of Corporate Development. In this role, she oversaw strategic growth initiatives and acquisitions. She also served on the board of directors of Mars, Inc.

Key Business Strategies

Valerie Mars played a critical role in Mars, Incorporated's expansion. Her expertise in corporate development helped the company enter new markets and maintain its leadership in the food industry. She contributed to strategic initiatives, mergers, and acquisitions, driving the company's continued success.

Philanthropy

Valerie Mars is committed to philanthropy, particularly in environmental conservation. She serves on the board of Conservation International and the Open Space Institute. She was listed among Washington, D.C.'s Philanthropic 50 for her support of environmental causes.

Career Timeline

2026

Board of Directors for PureCycle Technologies, Inc.

Joined the Board of Directors at PureCycle Technologies, Inc. effective January 1, 2026.

2024

Retired from Mars, Inc.

Retired from the company.

2014

Board Member of Fiat Chrysler Automobiles

Joined the board of directors of Fiat Chrysler Automobiles.

2014

Senior Vice President and Head of Corporate Development

Became Senior Vice President and Head of Corporate Development at Mars, Inc.

1992

Joined Mars, Incorporated

Began working at Mars, Inc. in Corporate Development.

Philanthropic Impact

Environmental ConservationUndisclosed

Open Space Institute

Major donor to the Open Space Institute.

Environmental ConservationUndisclosed

Conservation International

Board member supporting environmental conservation.

Wealth Trajectory