Another incredibly wealthy woman – and another heiress. Jacqueline Mars is the granddaughter of the founder of Mars, a confectionery company that also owns brands of pet food and some food products. Jacqueline has a third of the family’s wealth at her disposal. Another third went to her brother John, and the rest went to the four daughters of the deceased Forrest Mars Jr.
Short biography
Jacqueline Mars – inherited (together with her brother – Forrest Mars the Younger) one of the largest food companies – Mars Incorporated, the main activity of which for a long time (since the day of its foundation by Jacqueline’s grandfather) was the production of confectionery, which was first located in the kitchen in Frank’s house Mars is an enterprising man who turned his father’s business (boring, in his opinion, business) into something more, “able to bring joy to people.” However, today, in addition to the confectionery departments, the company is also engaged in other food products, including, for example, animal feed.
Family business background
Jacqueline Mars, born into a family of businessmen, from childhood had everything she wanted to wish for. This did not prevent her from studying well – after graduation, she entered Brian More College, where she graduated with a bachelor’s degree, receiving a quality education in the field of art and science, which helped her a lot in later life. She is married (second marriage), and has children – she is an excellent mother and a zealous guardian of the family hearth, not allowing media representatives to intrude into the family life. Owning Mars with her family, Jacqueline takes an active part in the management and development of the family business. So, with its help, further plans for the introduction of the company into the market of those countries that are not fully covered by the network of food producers are being developed. Also, together with her brother, she decides on the need to invest in the developing departments of her own company – to further expand the range of products and, accordingly, increase the corporation’s share in food production on the world market. She owns a large block of shares, its total share is estimated at no less than fourteen billion dollars in the United States of America.
The company Mars itself is located in Virginia, the city of McLean, and, as already mentioned, is one of the main suppliers of food to the world market, and its name is known not only in narrow circles but also among the general population, in part due to the popular bars with nougat (by the way, first obtained many years ago by the founders of Mars) in chocolate and other confectionery products that were not previously offered to the consumer and gained wide popularity due to the correct production and advertising policies of the company.
Jacqueline worked honestly in the family company for 20 years as president of the food group, and then served on the board of directors for another 15 years. Only in 2016, at the age of 75, she retired on a well-deserved retirement. According to official figures, the woman has about $ 29 billion on her account, but she prefers not to advertise the exact figures – the Mars family has always been famous for its closeness and lack of desire to share personal information with the press. In the 90s, Jacqueline’s second husband, writer Hank Vogel, tried to prevent this, who at the time of his acquaintance with Mars was selling shoes in a family company. Even though before the wedding, they signed a prenuptial agreement, according to which Vogel did not claim billions of the chocolate empire, during the divorce, he decided to sue his wife for half of the money, for which first it was necessary to find out how much she had in principle.
Before meeting Vogel, Jacqueline was 23 years married to David Badger, whom she met in college. From him, she gave birth to three children – Alexandra, Stefan, and Christa.
