⬅ # 35 John Mars|# 37 Dieter Schwarz ➡

# 36 Jacqueline Mars 

$38.3B

Real Time Net Worth
as of 5/13/2024

# 36 Jacqueline Mars 

$38.3B

Real Time Net Worth
as of 5/13/2024
OccupationHeiress
Source of WealthMars Inc, candy, pet food
Age84
ResidenceThe Plains, Virginia
Marital StatusDivorced
Children3
EducationBS, Bryn Mawr College
Age-Adjusted Net Worth$7.55B
Jacqueline Mars
Jacqueline Mars
United States
Net worth: $38.3B

Self-Made Score 

Wealth History

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Biography

Jacqueline Mars was born on October 10, 1939, in Harrisburg, Pennsylvania, USA.
She is an American businesswoman and heiress, known for being one of the co-owners of Mars, Incorporated, one of the world's largest and most successful privately-held companies.
Mars inherited the company from her father, Forrest Mars Sr., who, along with his father, created the Mars bar and established the family business.
Under her family's leadership, Mars, Incorporated expanded its product portfolio to include iconic brands such as M&M's, Snickers, and Mars bars.
Mars has been involved in various roles within the company, contributing to its growth and success.
Mars is a trustee of the U.S. Equestrian Team, and she owns a working organic farm that is protected in perpetuity by the Land Trust of Virginia.
She is recognized for her philanthropy, supporting causes related to animal welfare, environmental conservation, and humanitarian efforts.
Despite her significant wealth, Mars maintains a private and low-key profile.

How long would it take you to become as rich as Jacqueline Mars?

If you started with $10,000 and invested an additional $500 each month at a 44.01% CAGR, it would take you 5 years to reach Jacqueline Mars's net worth of $38.3B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 40.45% compared to 10.08% for the S&P 500 benchmark.

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Jacqueline Mars is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Jacqueline Mars, Mars Inc, candy and pet food are the primary sources. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey