⬅ # 208 Terry Gou|# 210 Pamela Mars-Wright ➡

# 209 Valerie Mars 

$11.0B

Real Time Net Worth
as of 12/22/2024

# 209 Valerie Mars 

$11.0B

Real Time Net Worth
as of 12/22/2024
OccupationHeiress, Mars Inc
Source of WealthMars Inc, candy, pet food
Age65
ResidenceNew York, New York
Marital StatusMarried
Children2
EducationMBA, Columbia University; BS, Yale University
Age-Adjusted Net Worth$7.86B
Valerie Mars
Valerie Mars
United States
Net worth: $11.0B

Self-Made Score 

TAG Heuer Formula 1 Watch

Wealth History

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Biography

Personal Info

Valerie Anne Mars, born on January 20, 1959, is an American billionaire heiress and businesswoman.
She is a fourth-generation member of the Mars family, with her father being the late Forrest Mars Jr. (1931–2016), and she has three sisters: Marijke Mars, Pamela Mars-Wright, and Victoria B. Mars.
Valerie Mars earned a bachelor's degree from Yale University and an MBA from Columbia University.
She is married to Philip Michael White since 1984 and has two sons.

Career and Education

Valerie Mars started working at Mars Inc. in 1992 and currently holds the position of the company's Vice President of Corporate Development.
She serves as a board member for Mars Inc. and has been a senior vice president and head of corporate development since 2014.
In addition to her role at Mars, she has served as a board member of Fiat Chrysler Automobiles since 2014.
Valerie Mars is also a board member of Ahlstrom-Munksjö, a Finnish-Swedish stock company in the paper industry, and a member of the advisory board of Rabobank North America.
Her educational background includes a bachelor's degree from Yale University and an MBA from Columbia University.

Financial Status

Valerie Mars inherited an estimated 8% stake in Mars Inc. in 2016, following the death of her father, Forrest Mars Jr.

Company Role and Affiliations

Valerie Mars is currently the Vice President of Corporate Development at Mars Inc. and also sits on the company's board of directors.
Mars Inc. is renowned for its candy products, including Milky Way, Dove, and Skittles, as well as non-confectionery items like Ben's Original rice and pet food brands such as Pedigree and Whiskas.
She has been involved in various nonprofit organizations, holding board memberships in Conservation International for nature protection and the Open Space Institute as an honorary trustee for landscape protection.

Valerie Mars's Wealth is Equivalent to:

8,483,449 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

2,085,147 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

112,627 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Valerie 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 Valerie Mars's net worth of $11.0B.

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.

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Valerie 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 Valerie 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