John Mars

Early Life

John Franklyn Mars was born on October 15, 1935, to Forrest Mars, Sr. and Audrey Ruth (Meyer). He is the grandson of Frank C. Mars, who founded Mars, Incorporated. John attended The Hotchkiss School and later graduated from Yale University.

Rise to Success

John Mars joined the family business after serving in the U.S. Army. He was instrumental in expanding Mars, Incorporated's global presence. Over the years, he has played a key role in the company's expansion, including acquiring VCA, Inc., a pet care company, for $7.7 billion in January 2017. His leadership has contributed to the company's position as a global leader in the confectionery, pet care, and food industries.

Key Business Strategies

Mars, Incorporated operates under a privately held structure, allowing for long-term strategic decisions without the pressures of public markets. John Mars, along with his sister Jacqueline, each own an estimated one-third of the company, with the rest believed to be owned by the descendants of their late brother, Forrest Mars Jr. The company has focused on innovation, brand building, and strategic acquisitions, such as the acquisition of the Wm. Wrigley Jr. Company for $23 billion in 2008 and Kellanova for $35.9 billion.

Philanthropy

John Mars is known for his philanthropic efforts and has supported various charitable organizations. He is also a passionate art collector and has donated significant works of art to museums.