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#33
#33

John Mars

United States

Net Worth

$41B

Source of Wealth

Mars Inc.

Global Rank

#33 of 100

About John Mars

John Mars is a co-owner of Mars, Incorporated, and alongside his sister Jacqueline, one of the guardians of a family business that has delighted consumers for over a century. The grandson of founder Frank Mars and son of the legendary Forrest Mars Sr., John played an active role in the company's operations for decades before stepping back from day-to-day management. His tenure was marked by significant international expansion and the diversification of Mars beyond candy into pet care, food, and health services.

John Mars's contributions to the company's growth are profound. During his years of active involvement, Mars expanded aggressively into international markets, particularly in Asia and emerging economies, transforming it from an American candy company into a truly global enterprise. He also championed the expansion into pet care, which grew to become one of Mars's largest and most profitable divisions, encompassing brands like Pedigree, Whiskas, Royal Canin, and the Banfield and VCA veterinary hospital networks.

Known for his intense privacy and work ethic — traits inherited from his famously demanding father — John Mars embodies the principle that the product and the company matter more than personal fame. His commitment to the Mars Five Principles and to keeping the company private has ensured that Mars, Inc. continues to thrive as one of the world's most successful and admired family businesses.

Key Achievements

Global Expansion of Mars

Drove Mars, Inc.'s expansion into dozens of new international markets across Asia, Eastern Europe, and Latin America, transforming the company into a truly global consumer goods leader.

Pet Care Empire

Championed the growth of Mars's pet care division into a global powerhouse encompassing pet food brands, veterinary hospitals, and pet health services — now one of the company's largest revenue streams.

Operational Excellence

Maintained Mars's legendary operational efficiency and quality standards across thousands of facilities worldwide, upholding the exacting standards set by his father Forrest Mars Sr.

Multi-Generational Business Success

Successfully navigated the challenges of generational transition in a family business, ensuring Mars remained unified, private, and focused on long-term value creation.

Notable Quotes

The consumer is our boss. Everything we do starts and ends with delivering quality they can trust.

John Mars

We don't manage for Wall Street. We manage for the next hundred years.

John Mars

Key Decisions

1973

Took on significant operational responsibilities within Mars, Inc., applying the rigorous standards learned from his father to drive growth and efficiency across the company.

2001

Supported the acquisition of Royal Canin, dramatically strengthening Mars's position in premium pet nutrition and establishing the company as the world leader in pet care.

2007

Backed the $23 billion acquisition of Wrigley, the largest deal in Mars history, adding iconic gum and confectionery brands and creating the world's leading confectionery company.

2017

Endorsed the $9.1 billion acquisition of VCA animal hospitals, further expanding Mars's presence in pet health care and demonstrating commitment to the company's diversification strategy.

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