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Mars Inc. (legally Mars, Incorporated) is an American multinational manufacturer of confectionery, pet food, and other food products and a provider of animal care services, with US$45 billion in annual sales in 2022; [7] that year Forbes ranked the company as the fourth-largest privately held company in the United States. [8]
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. [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]
John Franklyn Mars (born October 15, 1935) 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 (tied with his sister Jacqueline ).
Mars’s relationship with pet owners has accelerated dramatically in recent years, but the company has long had ties to the pet industry. In 1935, it acquired the U.K. maker of CHAPPIE canned dog ...
As most Mars family members retired from the company and installed trusted lieutenants at the helm, Valerie remained and helped spearhead most of the company's major deals, including the $23 ...
The company is beginning to test the integration of generative AI tools that can glean insights from nutrition research journals, social media, and Mars's own data to recommend future innovation ...
The company is based in Los Angeles, and was founded in 1986. [2] Until its acquisition by Mars Inc. in 2017, VCA traded on the NASDAQ under the ticker "WOOF". [3] VCA was founded in 1986 by three health care company executives, [4] Neil Tauber and brothers Robert and Arthur Antin.