Jacqueline Mars | |
---|---|
Born | [1] | October 10, 1939
Citizenship | American [2] |
Education | Miss Hall's School |
Alma mater | Bryn Mawr College [2] |
Known for | Mars, Inc. fortune |
Spouses | |
Children | 3, including Stephen M. Badger |
Parent(s) | Forrest Mars, Sr. Audrey Mars |
Relatives | Frank C. Mars (grandfather) Forrest Mars, Jr. (brother) John Mars (brother) |
Jacqueline Mars (born October 10, 1939) is an American heiress and investor. She is the daughter of Audrey Ruth (Meyer) and Forrest Mars, Sr., and the granddaughter of Frank C. Mars, founders of the American candy company Mars, Incorporated. As of November 2023, Bloomberg Billionaires Index estimated her net worth at US$46.6 billion, ranking her the 23rd-richest person in the world. [4] In the annual ranking of the richest women in the world in 2023, Forbes estimated her fortune at $38.3 billion and placed her in fourth place. [5]
Jacqueline Mars was born on October 10, 1939. She was graduated from Miss Hall's School in Pittsfield, Massachusetts. [6] Mars participated as an equestrian in many horse shows during her youth. She is a 1961 graduate of Bryn Mawr College [2] and her degree is in anthropology. [1]
Mars is an heiress among the members of the Mars family that founded and owns Mars Incorporated, holding shares in the company. As a member of the family, her shares of Mars, Inc. and other assets were estimated by Forbes magazine in April 2024 to be worth $38.5 billion, making her the 19th richest American, and #34 on its list of "The World's Billionaires". [7] Mars was active in Mars, Inc. from 1982, when she joined the company as food product group president. [8] She spent the majority of her time working for the Mars Foundation, a philanthropic nonprofit supported by the company. [9] She retired in 2001. [8] In June 2019, Forbes listed her as the wealthiest resident living in Virginia, with an estimated $28.1 billion net worth. [10]
Mars married David H. Badger in 1961. [1] They had three children: Alexandra Badger born 1966or1967(age 57–58), [11] Stephen M. Badger born c.1969 (age 54–55), and Christa M. Badger born c.1975 (age 48–49). She divorced Badger in 1984.
She married Harold 'Hank' Vogel in 1986, with whom she resided in Bedminster, New Jersey. They divorced in 1994. [1]
Mars, like her siblings, is known for living frugally and avoiding the public eye. [9] [12]
Mars is a trustee of the U.S. Equestrian Team. She owns a working organic farm that is protected in perpetuity by the Land Trust of Virginia. [13] [14] [15]
On October 4, 2013, at the age of 74, Mars was involved in a car crash on U.S. Route 50 in Aldie, near her home in The Plains in Northern Virginia. Her vehicle crossed the highway center line and struck a Chrysler minivan carrying six passengers. One person died at the scene and another, who was pregnant, subsequently miscarried. [16] [17] Mars was charged with reckless driving. She told a witness after the crash that she had fallen asleep at the wheel. [18] [19] Mars subsequently pleaded guilty to the misdemeanor charge of reckless driving, with tests having revealed no drugs, alcohol, or medications in her system that could have caused a blackout. [20]
She sits on the board of directors for both the Washington National Opera and the National Sporting Library and Fine Arts Museum. [21] Mars also sits on the National Advisory Council of the Journey through Hallowed Ground, a foundation promoting American heritage in the region stretching from Gettysburg, Pennsylvania to Monticello, the home of Thomas Jefferson that is situated just outside Charlottesville, Virginia. [8]
Mars is a routine donor to the League of Conservation Voters. [22] She has also donated to the National Air and Space Museum, [23] the Washington Performing Arts Society. [24] She received the inaugural Heritage Award granted by the Foundation for the National Archives. [8] [13]
In 2021, she made a $1.25 million donation to help house "Angels Unawares", a sculpture by Timothy Schmalz, at The Catholic University of America. [25]
Alice Louise Walton is an American heiress to the fortune of Walmart as daughter of founder Sam Walton. In September 2016, she owned over $11 billion in Walmart shares. As of November 2023, Walton has a net worth of $71 billion, making her the 17th richest person and the second-richest woman in the world according to Bloomberg Billionaires Index, after Françoise Bettencourt Meyers.
Forrest Edward Mars Sr. was an American billionaire businessman and the driving force of the Mars candy empire. He is best known for introducing Milky Way (1924) and Mars (1932) chocolate bars, and M&M's (1941) chocolate, as well as orchestrating the launch of Uncle Ben's Rice. He was the son of candy company Mars, Inc. founder Frank C. Mars and his first wife Ethel G. Mars.
The Mars family is an American family that owns the confectionery company Mars Inc. In 1988, the family was ranked as the richest family in the United States of America by Fortune magazine. It has since been surpassed by the Walton family and the Koch family, and was ranked as the third richest family in America in 2016.
John Franklyn Mars is an American businessman and heir. He is the chairman of Mars, Inc. As of November 2023, Bloomberg Billionaires Index estimated his net worth at US$46.4 billion, ranking him the 24th-richest person in the world.
Susan Cummings is an American heiress, best known for killing her boyfriend in 1997. She had been charged with homicide, but subsequently convicted of voluntary manslaughter only. She was released after serving 57 days.
Shari Arison is an American-born Israeli businesswoman and philanthropist. She is the owner of Arison Investments, which consists of several business companies, and of The Ted Arison Family Foundation, which comprises several philanthropic organizations that operate as its subsidiaries. She was the controlling shareholder of Bank Hapoalim for 21 years, and after selling some of her shares in November 2018, she ceased to be the controlling shareholder at the bank. She was also an owner of Shikun & Binui for 22 years, sold to the Saidoff Group on August 6, 2018.
Charlene de Carvalho-Heineken is a Dutch billionaire businesswoman, and the owner of a 25% controlling interest in the world's second-largest brewer, Heineken N.V. She is the richest person in the Netherlands, with a net worth of $16.7 billion as of May 2021, according to the Forbes billionaires list.
Christy Ruth Walton is the widow of John T. Walton, one of the sons of Sam Walton, the founder of Walmart.
Black billionaires are individuals who are of predominantly African ancestry with a net worth of at least US$1 billion.
Margaret Anne Cargill was an American philanthropist and heiress to part of the Cargill fortune.
Forrest Edward Mars Jr. was an American heir and businessman. He was the eldest son of Audrey Ruth (Meyer) and Forrest Mars Sr., and the grandson of Frank C. Mars, the founder of Mars, Incorporated. He served as Co-President of the confectionery company from 1975 to 1999.
William E. "Bill" Conway Jr. is an American billionaire businessman, investor and philanthropist. Conway serves as Co-Executive Chairman of the Board, Founder of the Carlyle Group. He also serves as Chairman of the Board of Trustees of Johns Hopkins Medicine and is a member of the Board of Trustees of the Catholic University of America. According to Forbes, Conway had a net worth of US$3.6 billion as of April 2022.
Françoise Bettencourt Meyers is a French businesswoman, philanthropist, writer, billionaire heiress, and the richest woman in the world, with an estimated net worth of US $94.9 billion as of January 2024, according to Forbes. She is the only child and heir of Liliane Bettencourt, and the granddaughter of Eugène Schueller, founder of L'Oréal. Her mother died in September 2017, after which her fortune tripled with her investments through her family holding company, Téthys Invest, and the high valuation of L'Oréal shares on the stock exchange.
Dinara Nursultanqyzy Nazarbayeva is a Kazakh billionaire heiress, businesswoman and the middle daughter of former Kazakh President Nursultan Nazarbayev. She is married to Timur Kulibayev, a Kazakh oligarch.
Blair Parry-Okeden is an American-born Australian billionaire heiress and philanthropist. According to Forbes Asia, she was Australia's richest person by net worth in 2016. Parry-Okeden's wealth derives from Cox Enterprises.
Pauline MacMillan Keinath is an American billionaire heiress. She is believed to be the largest individual shareholder in Cargill.
Victoria B. Mars is an American billionaire heiress and businesswoman. She is a former chairwoman of Mars, Incorporated, and current chair of Salzburg Global Seminar.
Marijke Elizabeth Mars is an American billionaire heiress and businesswoman. In March 2018 Forbes estimated her wealth to be $5.9 billion. She was ranked as the 30th-richest woman in the world, a position shared with her three sisters.