⬅ # 251 Valerie Mars|# 253 Victoria Mars

# 252 Marijke Mars 

$9.37B

Real Time Net Worth
as of 6/24/2024

# 252 Marijke Mars 

$9.37B

Real Time Net Worth
as of 6/24/2024
OccupationHeiress, Mars Inc
Source of WealthMars Inc, candy, pet food
Age59
ResidenceLos Angeles, California
Marital StatusDivorced
EducationBS, Duke University
Age-Adjusted Net Worth$10.0B
Marijke Mars
Marijke Mars
United States
Net worth: $9.37B

Self-Made Score 

Wealth History

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Biography

Overview

Marijke Elizabeth Mars, born in 1965, is a fourth-generation member of the Mars family.
She is the daughter of the late Forrest Mars Jr., inheriting about an 8 percent stake in Mars, Incorporated when he passed away in 2016.
Marijke has three sisters: Pamela Mars-Wright, Valerie Mars, and Victoria B. Mars.
She graduated from Duke University with a B.A./B.Sc.
Marijke worked as a regional manager for Kal Kan Foods, a Mars Inc. pet food company, after graduation.
In 2000, she divorced her husband, Stephen J. Doyle.
Currently, Marijke Mars is actively involved in Mars, Incorporated and serves on the company's board of directors.

Family Legacy

Her great-grandfather, Frank Mars, founded the candy company in 1911.
Marijke and her three sisters are heirs to the family's giant candy and pet food company, Mars, Incorporated.
All four sisters inherited estimated stakes in the company of 8% apiece when their father, Forrest Mars Jr., died in 2016.

Business Involvement

Mars, Incorporated is best known for its popular candy brands such as Milky Way, Dove, and Skittles.
The company also produces Ben's Original rice and pet food, including Pedigree and Whiskas.

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

If you started with $10,000 and invested an additional $500 each month at a 44.13% CAGR, it would take you 5 years to reach Marijke Mars's net worth of $9.37B.

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 48.35% compared to 16.28% for the S&P 500 benchmark.

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Marijke 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 Marijke 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