The Mars family, including siblings Jacqueline and John Mars, along with the four daughters of their late brother Forrest Jr., are owners of Mars Inc., a global powerhouse in the candy and food industry. pet. With an impressive revenue of $47 billion by 2022, Mars Inc. boasts. a portfolio of iconic brands such as M&Ms, Snickers, Ben’s Original Rice, and Pedigree dog food.
The company’s origins date back to 1911 when Frank Mars pioneered the sale of buttercream candy from his kitchen in Tacoma, Washington. Since then, the Mars family has continued to shape the company’s trajectory. Forrest Sr., Frank’s son, joined the business in 1929, playing a key role in developing the malt-flavored nougat that would later become the foundation of Milky Way.
Over the years, Mars Inc. has expanded. its reach and its offerings are differentiated. In 2017, the company took a significant step by acquiring animal hospital company VCA for $9 billion, strengthening its presence in the pet care sector.
Despite its vast size and global presence, Mars Inc. remains a family affair. Many family members are actively involved in the company’s operations, and some serve on the board of directors. Interestingly, Jacqueline’s son, Stephen Badger, and Forrest Jr.’s daughter, Victoria, contributed to the management of the company.
From its humble beginnings to its status as a Fortune 500 company, Mars Inc. stands as a testament to the Mars family’s entrepreneurial spirit and commitment to excellence in the candy and pet food industry.
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