⬅ # 35 Prajogo Pangestu|# 37 Jacqueline Mars ➡

# 36 John Mars 

$41.4B

Real Time Net Worth
as of 12/22/2024

# 36 John Mars 

$41.4B

Real Time Net Worth
as of 12/22/2024
OccupationHeir
Source of WealthMars Inc, candy, pet food
Age89
ResidenceJackson, Wyoming
Marital StatusMarried
Children3
EducationDiploma, The Hotchkiss School; BS, Yale University
Age-Adjusted Net Worth$5.82B
John Mars
John Mars
United States
Net worth: $41.4B

Self-Made Score 

Mido Ocean Star 600 Chronometer

Wealth History

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Biography

John Franklyn Mars was born on October 15, 1935, in Arlington County, Virginia, USA.
He is a member of the Mars family, known for co-owning Mars, Incorporated, one of the largest and most successful privately-held companies in the world.
John Mars joined the family business in 1959 and played a key role in expanding Mars, Incorporated's global presence.
The company, known for brands like M&M's, Snickers, and Mars bars, became a leader in the confectionery, pet care, and food industries.
John Mars and his siblings inherited the company from their father, Forrest Mars, and uncle, Forrest Mars Jr., who were instrumental in Mars, Incorporated's success.
Mars, Incorporated has a strong commitment to sustainability, and under John Mars' guidance, the company has focused on responsible sourcing and environmental initiatives.
He is known for maintaining a low profile and keeping the family-owned business private.

John Mars's Wealth is Equivalent to:

31,878,368 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

7,835,383 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

423,220 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

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

If you started with $10,000 and invested an additional $500 each month at a 42.82% CAGR, it would take you 5 years to reach John Mars's net worth of $41.4B.

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 67.72% compared to 25.94% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

John 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 John 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.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey