Billionaire Profile
Valerie Mars
Global Rank
#238

Image: Haughton Mars Project | Public domain | via Wikimedia Commons

Valerie Mars

CEO, Candy
UNITED STATES
Real-Time Net Worth
$12.292B
Estimated based on Candy stock value as of March 6, 2026
0% (24h)
Age
67
Source
Candy, pet food
Industry
Food & Beverage
Citizenship
UNITED STATES

Biography

Valerie Mars is an American billionaire heiress and businesswoman, primarily known for her significant role in Mars, Incorporated, a global leader in confectionery, pet food, and other food products. With an estimated net worth of $10.6 billion, she is a fourth-generation member of the Mars family, which founded the company. She has been involved with the company since 1992, holding positions like Senior Vice President of Corporate Development and serving on the board of directors. Her source of wealth stems from her inherited stake in Mars, Inc. and her career at the company. She is also known for serving on the board of directors of Fiat Chrysler Automobiles in 2014 and the board of Ahlstrom-Munksjö and is a member of the advisory board of Rabobank North America. She holds a bachelor's degree from Yale University and an MBA from Columbia University. Her career highlights include contributing to strategic growth and acquisitions for Mars, Inc., and participating in board leadership for various other companies.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Valerie Anne Mars was born on January 20, 1959, as the daughter of Forrest Mars Jr. and Virginia Cretella Mars. She comes from a family that built a global empire in the candy and pet food industries. Valerie grew up in a financially successful environment, which shaped her approach to business and philanthropy.

Rise to Success

Valerie Mars holds a bachelor's degree from Yale University and an MBA from Columbia University. In 1992, she joined Mars, Incorporated, after gaining experience outside the family business. She climbed the ranks within the company, eventually becoming Senior Vice President and Head of Corporate Development. Her responsibilities included overseeing strategic initiatives and acquisitions that contributed to the company's growth.

Key Business Strategies

As a senior executive at Mars, Valerie has been involved in many key decisions. Mars, Inc. is known for its long-term approach and its focus on private ownership, which allows the company to make decisions without the short-term pressures of the stock market. Under her leadership, the company has expanded into various areas and made many significant acquisitions, helping secure its position in the market.

Philanthropy

Valerie Mars is also involved in several non-profit organizations, including Conservation International and The Open Space Institute. This involvement reflects her commitment to conservation and environmental protection. In addition, she supports various charitable causes.

Career Milestones

1992

Joined Mars, Incorporated

Began her career within the family business after gaining experience elsewhere.

2014

Board Member, Fiat Chrysler Automobiles

Became the first woman to serve on the board.

2016

Inherited an 8% stake of Mars Inc.

Inherited a significant portion of her wealth, making her a billionaire.

Philanthropy & Social Impact

Environmental Conservation

Conservation International

Undisclosed

Supports organizations dedicated to protecting the environment globally.

Landscape Protection

Open Space Institute

Undisclosed

Supports a nonprofit whose aim is the improvement of people's lives and the world we live in.

Controversies & Challenges

2025

Lawsuit Against a Contractor

Sued a property management company, Relax & Co., for $10 million, claiming she was scammed by the owner and his employees.