Jacqueline Badger Mars is an American heiress and businesswoman. She is the granddaughter of Frank C. Mars and the daughter of Audrey Ruth (Meyer) and Forrest Mars, Sr., the founders of the American confectionery corporation Mars, Incorporated. The corporation is now one of the top five privately held companies in the United States. Jacqueline is ranked as the 21st richest person in the world by Bloomberg Billionaires Index as of July 2022, with a net worth of US$49.6 billion.
Jacqueline Mars Biography and Net Worth
|Net Worth $49.6 Billion|
|Full name Jacqueline Badger Mars|
|Birth Date Oct 10, 1939|
|Age 82 years old|
|Birthplace Washington, Us|
|Spouse David H. Badger, Harold ‘Hank’ Vogel|
Jacqueline Mars Early life
On October 10, 1939, Jacqueline Mars was born to Forrest Mars, Sr., and Audrey Ruth. She had two brothers, John Mars, who is currently the chairman of Mars, and Forrest Mars, Jr. She attended and graduated from Miss Hall’s School in Pittsfield, Massachusetts. She is not only skilled in business and finance, but she is also informed in anthropology in 1961, Jacqueline earned a bachelor’s degree in anthropology from Bryn Mawr College. She is incredibly disciplined and diligent, which is why she is one of the world’s most successful businesswomen. When it comes to her personal life, Mars is a very humble and down-to-earth woman.
Jacqueline Mars Career
Jacqueline Mars is the heir to a portion of Mars, Inc. Mars worked for Mars, Inc. from 1982, when she was appointed Food Product Group President, until her retirement in 2001.
Today, the company is best recognized for producing popular confectionary delicacies including the Mars bar, Snickers, and Milky Way. It also makes a variety of non-confectionery products such as Uncle Ben’s Rice, Dolmio pasta sauces, and Combos baked snacks. Skittles, Starburst, Life Savers, and Altoids are among its other popular sweets. Ben’s Original and Suzi Wan are among its food brands, and Pedigree, Whiskas, and Eukanuba are among its pet food and care brands.
Franklin Clarence Mars, Jacqueline’s grandpa, started the company by producing chocolates in his home kitchen. Her father, Forrest Mars, Sr., grew the company by adding additional products such as malt-flavoured nougat. Despite the fact that Mars, Incorporated has grown dramatically over the years, it is still a family-owned corporation.
She is a trustee of the United States Equestrian Team and the owner of a thriving organic farm protected by the Land Trust of Virginia. She is on the boards of the Washington National Opera, the National Sports Library, and the Fine Arts Museum. Mars also serves on the National Advisory Council of the Journey Through Hallowed Ground, an organization dedicated to promoting American heritage in the region spanning from Gettysburg, Pennsylvania to Thomas Jefferson’s Monticello. Mars is a consistent supporter of the League of Conservation Voters. Mars earned the inaugural Heritage Award from the Foundation for the National Archives.
Jacqueline Mars Husband and Children
In 1961, Mars married David H. Badger and they had three children: Alexandra Badger (1966), Stephen M. Badger (1969), and Christa M Badger (1975). In 1984, she divorced Badger and married Harold ‘Hank’ Vogel in 1986, and lived in Bedminster, New Jersey with him until their divorce in 1994. Whatever her marital status, Jacqueline Mars has very respectable family money to fall back on, as well as the satisfaction and pride that must come with being linked with one of the world’s most popular candy companies.
Jacqueline Mars Controversial Accident
Jacqueline Mars was injured in a car accident near her home in The Plains, Northern Virginia, on October 4, 2013. Her vehicle collided with a Chrysler van carrying six persons. One passenger, who was 86 years old, died on the scene. Another, who was eight months pregnant, suffered a miscarriage. Jacqueline Mars was eventually charged for driving recklessly. She then admitted to a witness that she had fallen asleep behind the wheel. Following that, the businesswoman pleaded guilty to careless driving.
Jacqueline Mars Net Worth
With an estimated net worth of $49.6 billion according to the Bloomberg index, Jacqueline is ranked as the 21st richest person in the world. Jacqueline Mars owns one-third of Mars Inc., with the remainder held by her brother and four nieces. The corporation made $35 billion in revenue in 2015. Mars is the company behind iconic candy bars like Snickers, Twix, and Milky Way. Mars paid $23 billion to acquire the gum company Wrigley in 2008. Mars has announced plans to buy out Berkshire Hathaway’s $2.1 billion shares in Wrigley, as well as to pay $7.7 billion for animal hospital operator VCA Inc.
The analysis assumes that third-generation siblings Jacqueline, John, and Forrest Jr. shared the inheritance evenly. After Forrest Jr.’s death in 2016, the one-third credited to him was divided equally among his four children. The corporation declined to comment on the individual shareholder breakdown.