John Franklyn Mars

Last updated
John Franklyn Mars
BornOctober 15, 1935 (1935-10-15) (age 87)
Education Hotchkiss School [1]
Yale University
Occupation(s)Chairman, Mars, Inc.
Spouse
Adrienne Bevis
(m. 1958)
[2]
Children3 [2] [3]
Parent(s) Forrest Mars, Sr. (1904–1999)
Audrey Mars (1910–1989)
Relatives Frank C. Mars (grandfather)
Forrest Mars, Jr. (brother)
Jacqueline Mars (sister)

John Franklyn Mars (born October 15, 1935) is an American businessman and heir. He is the chairman of Mars, Inc. As of October 2022, Bloomberg Billionaires Index estimated his net worth at US$53 billion, ranking him the 21st-richest person in the world (tied with his sister Jacqueline). [4]

Contents

Early life

John Franklyn Mars was born on October 15, 1935. He is the son of Audrey Ruth (Meyer) and Forrest Mars, Sr., and grandson of Frank C. Mars, founders of the American candy company Mars, Incorporated. Mars graduated from the Hotchkiss School in Lakeville, Connecticut in 1953 [1] and Yale University.

Career

As a member of the Mars family, his share of the company and other assets were worth US$10 billion in September 2010, [5] making him the 52nd richest person in the world and the 26th richest person in America, according to Forbes . [5] As of October 2012, Mars is listed as the 30th richest person in the world with an estimated net worth of $20.1 billion. [6]

According to the Hurun Global Rich List 2015, he was 28th richest person in the world with a net worth of US$26 billion. [7] In 2016, his net worth went up to $29 billion and the 19th richest person in the world.

In January 2017, he paid $7.7 billion for VCA, Inc, a pet care company. [8]

Personal life

He married Adrienne Bevis in June 1958. [2] [9] They have three children: Linda Anne Mars born May 23, 1960 (1960-05-23) (age 63), Frank Edward Mars born March 13, 1963 (1963-03-13) (age 60), and Michael John Mars born November 22, 1967 (1967-11-22) (age 55). [2] [3]

He formerly lived in Fairfax County, Virginia [10] but now resides in Jackson, Wyoming. [5] In the 2010 to 2014 Forbes rankings of personal wealth, Mars was the highest ranked person whose photograph was unavailable to the magazine. [5]

In March 2015, Queen Elizabeth II awarded him an honorary knighthood at Windsor Castle. [11]

Related Research Articles

A billionaire is a person with a net worth of at least one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultra high-net-worth individual. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real-time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916.

Karl Hans Albrecht was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was for many years the richest person in Germany. In February 2014, he was ranked the 21st-richest person in the world by Hurun Report.

<span class="mw-page-title-main">Jim Walton</span> American businessman

James Carr Walton is an American businessman, currently an heir to the fortune of Walmart, the world's largest retailer. As of October 2022, Walton was the seventeenth-richest person in the world, with a net worth of US$61 billion according to Bloomberg Billionaires Index. He is the youngest son of Sam Walton.

Antonio Andrónico Luksic Abaroa was a Chilean businessman of Croatian and Bolivian origin. He founded the Luksic Group, becoming the richest person in Chile, the fourth in Latin America, and the 132nd in the world, with a net worth in 2005 of US$4.2 billion according to Forbes magazine. The Luksic Group has interests in the mining, financial, industrial, and beverages sectors. Major holdings include, or have included, Banco de Chile, Compañia de Cervecerias Unidas (CCU), and Antofagasta Plc, a UK-listed copper mining company. In Croatia, he was involved in the tourist industry.

<span class="mw-page-title-main">Mars family</span> American family

The Mars family is an American family that owns the confectionery company Mars, Inc. In 1988, the family was ranked as the richest family in the United States of America by Fortune magazine. It has since been surpassed by the Walton family and the Koch family, and was ranked as the third richest family in America in 2016.

Jacqueline Mars is an American heiress and investor. She is the daughter of Audrey Ruth (Meyer) and Forrest Mars, Sr., and the granddaughter of Frank C. Mars, founders of the American candy company Mars, Incorporated. As of October 2022, she was ranked by Bloomberg Billionaires Index as the 22nd richest person in the world, with a net worth of US$53 billion. In the annual ranking of the richest women in the world in 2023, Forbes estimated her fortune at $38.3 billion and placed her in fourth place.

<span class="mw-page-title-main">Stefan Persson (magnate)</span> Swedish Richest Person

Carl Stefan Erling Persson is a Swedish billionaire businessman. In March 2013, Forbes reported Persson's net worth as $28 billion making him the richest of Sweden's 12 billionaires and the 17th richest person in the world; he has since dropped to number 50. Persson was the chairman of fashion company H&M until May 2020, when he was succeeded by his son. He remains the company's largest shareholder, owning a 36% stake. The company was founded by his father Erling Persson in 1947.

Ding Lei, also known as William Ding, is a Chinese billionaire businessman, and the founder and CEO of NetEase (163.com).

Dieter Schwarz is a German billionaire businessman, and owner of the Schwarz-Gruppe. He is the former chairman and CEO of the supermarket chain Lidl, and the hypermarket chain Kaufland.

<span class="mw-page-title-main">Forrest Mars Jr.</span> American businessman (1931–2016)

Forrest Edward Mars Jr. was an American heir and businessman. He was the eldest son of Audrey Ruth (Meyer) and Forrest Mars Sr., and the grandson of Frank C. Mars, the founder of Mars, Incorporated. He served as Co-President of the confectionery company from 1975 to 1999.

Wang Chuanfu is a Chinese chemist, billionaire entrepreneur, and the founder, chairman and CEO of BYD Company.

<span class="mw-page-title-main">Wang Jianlin</span> Chinese businessman

Wang Jianlin is a Chinese business magnate, investor and philanthropist. He is the chairman, founder, and majority shareholder of the Dalian Wanda Group, one of China's foremost conglomerate companies, which is also well known for being China's largest real estate development company and the world's largest movie theater operator. He previously owned 17% of the Spanish football club Atlético Madrid. In 2016, Wang reached a deal with FIFA to launch the China Cup, in which national football teams compete in Nanning, Guangxi each year.

<span class="mw-page-title-main">Cyrus S. Poonawalla</span> Indian billionaire businessman

Cyrus S. Poonawalla is an Indian billionaire businessman, and the chairman and managing director of the Cyrus Poonawalla Group, which includes the Serum Institute of India, an Indian biotech company which is the largest vaccine manufacturer in the world and Poonawalla Fincorp a leading NBFC in India. In 2022, he is ranked as the 4th richest person in India on Forbes India rich list with a net worth of $24.3 billion. He is ranked number 1 in Hurun Global health care rich list 2022.

<i>The Worlds Billionaires</i> Annual ranking of the Worlds billionaires by Forbes magazine

The World's Billionaires is an annual ranking of people who are billionaires, i.e, they are considered to have a net worth of $1 billion or more, by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained.

Hui Ka Yan is a Chinese billionaire businessman. He is the chairman of the board and Communist Party secretary of the Evergrande Group, a Chinese real estate developer.

<span class="mw-page-title-main">Divyank Turakhia</span> Computer-programmer, businessman, entrepreneur and investor

Divyank Turakhia is an Indian-born computer-programmer, businessman, billionaire, serial entrepreneur, and investor. His net worth is estimated at $1.76 billion. He founded Media.net, which he sold in 2016 to a Chinese consortium for $900 million, the third-largest ever ad-tech deal.

Colin Huang or Huang Zheng is a Chinese billionaire businessman and philanthropist. He is the founder and former CEO of the e-commerce company Pinduoduo, which is now the largest agriculture platform in China. Huang is also the owner of at least three other limited liability Cayman companies, including Pinduoduo.

Micree Zhan or Zhan Ketuan is a Chinese electronics engineer and businessman. He is the co-founder and CEO of Bitmain, the world's largest computer chip company for cryptocurrency mining. In 2018, Hurun Report named him the richest cryptocurrency billionaire in the world. In 2019, Bloomberg ranked Zhan as the world's 9th richest self-made billionaire aged 40 or younger, with a net worth of US$5.2 billion.

Qin Yinglin is a Chinese agriculture tycoon, billionaire, Communist Party member, and the world's richest farmer. He is the chair and president of the pig farming company Muyuan Foodstuff and is one of the richest people in China. According to Bloomberg Billionaires Index, his net worth was estimated at US$ 20.7 billion as of January 2022. Forbes wrote that he earned his wealth as "the country's largest pig breeder in the world's biggest pork market".

References

  1. 1 2 "Alumni Award: PREVIOUS RECIPIENTS". The Hotchkiss School. 2004. Archived from the original on March 10, 2015. Retrieved March 8, 2015.
  2. 1 2 3 4 "Descendants of William Langley Bevis". Archived from the original on January 3, 2013. Retrieved February 25, 2011.
  3. 1 2 Gleick, Elizabeth (February 21, 1994). "Crisis in Candy Land". People Vol. 41 No. 7.
  4. "Bloomberg Billionaires Index: John Mars". Bloomberg . Retrieved October 5, 2022.
  5. 1 2 3 4 "Forbes 400 Richest Americans (2010): #26 John Mars". Forbes . September 16, 2010. Retrieved February 24, 2011.
  6. "Bloomberg Billionaires Index". Bloomberg LP. Archived from the original on December 14, 2012. Retrieved December 3, 2012.
  7. "ºúÈó°Ù¸» - www.hurun.net". www.hurun.net. Archived from the original on 10 February 2015. Retrieved 12 January 2022.
  8. "John Mars". Forbes. Retrieved May 7, 2017.
  9. "Director Emerita: Adrienne Mars". World Wildlife Fund. Retrieved February 25, 2011.
  10. "The World's Billionaires (2010): #52 John Mars". Forbes . March 3, 2010. Retrieved February 24, 2011.
  11. Code, Inspiring. "Atlantico Press". Atlântico Press.