Billionaire Profile
Victoria Mars
Global Rank
#301

Image: Public domain | via Wikimedia Commons

Victoria Mars

CEO, Mars, Incorporated
US
Real-Time Net Worth
$10.4B
As of December 2025
Age
68
Source
Candy, pet food
Industry
food-beverage
Citizenship
US

Biography

Victoria Mars is an American businesswoman and philanthropist. As an heiress to the Mars family fortune, her primary source of wealth stems from the candy and pet food conglomerate, Mars, Incorporated. Her career at Mars, Inc. began in 1978 and she ascended through various roles, including Assistant Brand Manager for Milky Way. She served as Chairman of Mars, Incorporated, a privately held company with over $47 billion in annual sales. She has been instrumental in promoting sustainability and responsible business practices. A graduate of Yale University and The Wharton School, she has contributed significantly to philanthropy, supporting organizations like the Charles Darwin Foundation and the Salzburg Global Seminar. Victoria Mars' achievements include being the first female Chairman of Mars, Incorporated.

Wealth Over Time

In-Depth Profile

Early Life

Victoria B. Mars was born in either 1956 or 1957. She is a fourth-generation member of the Mars family, which founded Mars, Incorporated in 1911. Her father is Forrest Mars Jr., and her mother is Virginia Cretella. Victoria attended the Foxcroft School and graduated in 1974. She earned a Bachelor of Arts/Science from Yale University and later received an MBA in Finance from the Wharton School of Business at the University of Pennsylvania in 1984.

Rise to Success

Victoria Mars began her career at Mars, Incorporated in 1978, working in Haguenau, France. She served as the Assistant Brand Manager for Milky Way and later became the Export Manager. In 1984, she became the Director of the Marine Systems Division of Mars Electronics International. She then served as Vice President of S&F, Commercial, and People and Organization for Dove in Burr Ridge, Illinois. Victoria was appointed as the Ombudsman at Mars, Incorporated in 1997, a role focused on addressing employee concerns within the company. She later became Chairman of Mars, Incorporated, a role she held until 2017.

Key Business Strategies

During her tenure, Victoria Mars focused on promoting sustainability and responsible business practices. She also launched the company’s ombudsman program, which addressed workplace issues. Under her leadership, Mars, Incorporated has invested in programs that aim to improve the environment, advance public health, and support education initiatives. She has been a strong advocate for corporate responsibility.

Philanthropy

Victoria Mars is known for her philanthropic efforts and has contributed to various organizations, including the Charles Darwin Foundation, Galapagos Conservancy, Mystic Seaport, High Mountain Institute, and Thorncroft Equestrian Center. In 2023, she made an $11 million gift to the Salzburg Global Seminar.

Career Milestones

1978

Assistant Brand Manager

Began her career at Mars, Inc. in France, serving as Assistant Brand Manager for Milky Way.

1984

Director of Marine Systems Division

Served as Director of the Marine Systems Division of Mars Electronics International.

1997

Ombudsman

Appointed as the corporate Ombudsman at Mars, Incorporated.

2014

Chairman of the Board

Became Chairman of the Board of Mars, Incorporated.

Philanthropy & Social Impact

Education and International Affairs

Salzburg Global Seminar

$11M

Made a significant donation to support the organization's mission.

Environmental Conservation

Charles Darwin Foundation

Undisclosed

Supported the preservation of the Galapagos Islands.

Business Philosophy & Leadership

Notable Quotes

""You can't be superwoman. You need to realize that, and then think about how you can thrive.""

""I believe in principle-based leadership. The Five Principles of Mars are: Quality. Responsibility. Mutuality. Efficiency. Freedom.""

Leadership Principles

Quality

Focus on delivering high-quality products and services.

Responsibility

Act with responsibility towards stakeholders and the environment.

Mutuality

Strive for mutually beneficial relationships.

Efficiency

Operate efficiently to create value.

Freedom

Empower associates to make decisions.