BillionaireNet
Mars
Victoria Mars
Rank #298
UNITED STATESFood & BeverageCandy, pet food

Victoria Mars

Net Worth
$10.342B
0% (24h)
Victoria Mars is an American businesswoman and billionaire heiress, best known for her role in the Mars family, a prominent name in the food and beverage industry. With a current net worth of $10.4 billion, she is a fourth-generation member of the Mars family. Her career at Mars, Incorporated, spanned various roles, including Assistant Brand Manager, Export Manager, and eventually Chairman of the Board from 2014 to 2017. Mars's leadership has been marked by a commitment to sustainability and employee well-being, notably through the founding of the company's ombudsman program. She is a graduate of Yale University and holds an MBA from the Wharton School of Business.

The Full Dossier

Early Life

Victoria B. Mars was born in either 1956 or 1957. Her parents were Forrest Mars Jr. and Virginia Cretella Mars. Her great-grandfather, Frank Mars, founded the Mars Candy Factory in 1911. She attended Foxcroft School and graduated from Yale University.

Rise to Success

Mars began her career at Mars, Incorporated in 1978, starting in France as an Assistant Brand Manager for Milky Way. She later became the Export Manager. In 1984, she became the Director of the Marine Systems Division of Mars Electronics International. She also served as Vice President of S&F, Commercial, and People and Organization for Dove. She then became the Ombudsman at Mars, Inc. in 1997. She became chairman in 2014, making her the first female chairman of Mars, Incorporated.

Key Business Strategies

Mars's leadership has focused on sustainable business practices, industry initiatives, and a commitment to employee well-being, including establishing an ombudsman program. She has emphasized the importance of the company's Five Principles: Quality, Responsibility, Mutuality, Efficiency, and Freedom. These principles have been instrumental in guiding her decisions and leadership approach.

Philanthropy

Victoria Mars is known for her philanthropic efforts, including substantial contributions to organizations such as the Charles Darwin Foundation, Galapagos Conservancy, Mystic Seaport, High Mountain Institute, and Thorncroft Equestrian Center. In 2023, she made an $11 million gift to the Salzburg Global Seminar, the largest single gift in the organization's history, to bolster its endowment and launch a new initiative.

Career Timeline

2017

Stepped Down as Chair

Stepped down as chair of the Mars Incorporated board of directors

2014

Chairman

Became Chairman of Mars, Incorporated.

2006

Board of Directors

Joined the board of directors of Mars, Incorporated.

1997

Ombudsman

Appointed as the Ombudsman at Mars, Inc.

1984

Director of Marine Systems Division

Appointed Director of the Marine Systems Division of Mars Electronics International.

1978

Assistant Brand Manager

Began her career at Mars, Incorporated in France as Assistant Brand Manager for Milky Way.

Philanthropic Impact

Education$11B

Salzburg Global Seminar

Contributed $11 million to the Salzburg Global Seminar to support its mission and impact.

EnvironmentUnknown

Virginia Cretella Mars Foundation

Grants provided essential gap funding on land protection projects

Wealth Trajectory