Collect How Rich Is Mars Family?

The Mars family is incredibly wealthy, thanks to the success of Mars, Inc. This privately held company, one of the biggest in the world, is entirely owned by the founding family. As a result, the Mars family is the wealthiest private family on the planet with a combined net worth of $140.8 billion.

But how did they get so rich? It all started with Frank C. Mars, who founded the company in 1911. He began by making candy in his Tacoma, Washington kitchen. He quickly gained a reputation for quality and innovation, eventually creating the iconic Snickers bar in 1930. This was followed by the launch of M&M’s in 1941, a revolutionary treat thanks to its unique chocolate coating. The company kept expanding and innovating, introducing other popular candies like Twix, Milky Way, and Skittles, and also venturing into other food categories like pet food (Pedigree, Royal Canin, Whiskas) and even gum (Doublemint, Orbit, 5 Gum).

Today, Mars, Inc. is a global powerhouse with a wide portfolio of beloved brands. They’re also known for their commitment to sustainability and responsible business practices. Their wealth is a testament to their long history of innovation, quality, and a strong family legacy that spans generations.