Who are the six heirs of the candy throne in the world
The American Mars family is at the head of a delicious empire. They are the heirs of the world's candy throne, crowned by the Mars (multi generational family) company, which made candy and chocolate bars, including the famous M & M's, More than 400 million pieces are produced in the United States every day.
The 106-year-old company helped the March family build a fortune of $ 89.7 billion, according to Bloomberg. The six family members on the Forbes 400 list share about $ 72 billion of that wealth, making them the third richest American household wealth, according to the Institute for Political Studies' Billionaire Bonanza report.
For more than five generations, Mars has evolved to create products and services that people love. As a global family-owned company, it is renowned as a maker of Snickers, Mars Bars, Milky Way Bars, Twix, M & M’s, not to mention PetCare's range of pet products, beverages and gum, and much more.
The Mars family is still somewhat mysterious. They are known for their extreme discretion and restraint, known for keeping the company private, avoiding the limelight and ashamed of journalistic dealings, but in recent years they have begun to speak out loud.
The humble beginnings of the March success story as a family and company
Historically, the story began more than 100 years ago in a very modest way in the kitchen, when two people (mother and son) discovered their passion for food and made delicious desserts, especially chocolate bars, which stood the test of time.
The roots of a family fortune go back to Franklin Clarence Mars - Franklin Clarence Mars, and his fame Frank Mars, the founder of her empire and the first brick maker.
Frank March was born in 1883 in Glenwood, Minnesota's Pope County, to a poor family. As a young child, he was paralyzed, preventing him from attending school.
His mother, Elva, taught him in her kitchen how to make chocolate bars. Frank worked at an early age in the chocolate industry. In 1911, he began producing chocolate from his kitchen in Tacoma, Washington.
The family's financial situation changed, enabling Frank to begin treatment and recover from polio. Since then, the family has set its sights on making life better by finding new and innovative ways to feed the world.
Frank later married in 1902, and during the Depression, Frank and his wife Ethel became prominent social figures. They owned a $ 20,000 car and had homes in Wisconsin and Tennessee.
March's son, Forrest Sr., joined the company in 1929. They made the first round of chocolate, laying the foundation for soft chocolate-covered candy bars in the world.
In 1932 he received the Milky Way Bar dessert recipe to start his own business. Since then, the company has become known as Mars Bar, Musketeers, Twix and M & M’s.
The company's secrecy goes back to the time that Forrest Sr obtained a patent for the Uncle Ben’s rice method, and US military commanders tried to revoke the patent to supply the soldiers. It was reported that Forrest Sr. avoided photographers and interviews alike.
Who are the six heirs of the candy throne in the world ?!
When Forrest Sr. died in 1999, his sons (Jacqueline, John and Forrest Jr.) inherited a stake in the company.
Currently, Jacqueline and John share ownership of the company, but they do not run the business and have the largest share of the family's fortune, each with $ 24 billion each, ranking fourth in the Forbes 400 list, along with Forrest's four daughters, who have 6. Billions of dollars each.
The collective wealth of these six (Jacqueline and John, and Forest's four daughters) is $ 72 billion, making them the third richest family in the United States, according to Billionaire Bonanza.
Now, despite discretion and confidentiality, we will come closer to the family and get to know them more.
-Jacqueline March
Jacqueline is the only one in the family to have a close lifestyle that reflects her status as a billionaire. She is said to have bought her home in New Jersey for $ 2 million, owns a farm in Virginia, and retains ownership of her father's home in Wisconsin. Like her family, she maintains confidentiality and privacy.
In 2013, Jacqueline was involved in a car accident in Loudon County; she was driving a Porsche SUV, crossing her midline and hitting a minibus in the other direction.
According to authorities, Mars told a witness who was at the scene that she was asleep while driving. The tests did not reveal any trace of taking drugs, alcohol or medicines, and witnesses said they did not rush or drive recklessly before the incident.
The driver of the other car lost his unborn son, one passenger died and other passengers were injured in the accident, and Jacqueline pleaded guilty. The court ordered a $ 2,500 fine.
Jacqueline and her ex-husband David Badger have three children. Their son, Steven Badger, served as chairman of Mars.
Recently, under Stephen, the company began to give up confidentiality, opening up its business to be more transparent to consumers while attracting talent. Confirming that 99% of the company's history was confidentiality and out of sight of the public is the main principle, but the change of time, the brand had to engage consumers and media appearance.
John March
Not much is known about Jacqueline's brother, John Mars. But he and Jacqueline run the Mars Foundation, and in March 2015, he was awarded the honorary knighthood by Queen Elizabeth II.
Unlike Jacqueline, both John and his brother Forrest inherited their father's character and tendency to avoid the limelight, and simply live away from extravagance. Both lived in relatively affordable apartments, and neither adopted a different lifestyle.
Forrest's four daughters
Pamela grew up and lived in the Netherlands and France for several years and worked for a period in advertising, before returning to the United States to work for the family company as an operations supervisor, and then assumed the position of Chairman of the Board, which she later stepped down.
In the end, Mars, the world's leading candy company, and its royal family have succeeded in transforming secrecy into a lifestyle in the financial and business world - a very quiet company and family, completely out of the public eye.
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