Jacqueline Mars

Jacqueline Mars, the American heiress and businesswoman, is a key figure behind the massive fortune of Mars, Inc., the world’s largest candy company. As a member of the Mars family, her wealth comes from a multibillion-dollar empire that spans food, beverages, and pet care.

Though she keeps a low profile, Mars has played a significant role in the company’s growth and its continued success. In this article, you'll uncover how Jacqueline Mars’s inheritance and business involvement have shaped her into one of the wealthiest women in the world.

What Is Jacqueline Mars’ Net Worth?

As of August 2024, Jacqueline Mars’ net worth is $46.6 billion.

Jacqueline Mars worked for Mars and owns about one-third of the confectionery giant. So, there’s no surprise she is on the Forbes List of Billionaires even today, currently ranking 35. She is also the wealthiest person in Virginia, as per data from Forbes. 

Mars, Inc. is also a manufacturer of pet foods and other food products and is an animal care service provider. In 2022 alone, the conglomerate generated a massive wealth of $45 billion from sales. As of 2024, Mars Inc. is valued at $117B, and Jaqueline Mars owns $39B worth of that wealth. Remaining $0.7B can be considered as miscellaneous liabilities. 

She is also the owner and manager of Stonehall Farm (Horse Farms Forever). The farm specializes in organic farming, horse breeding, and horse training, paving the way for initiatives like Mars Equestrian, and her horses have won numerous races. Definitely, all these activities add an undisclosed amount of wealth to her massive net worth. 

To add to her wealth, she serves on the board of the National Archives and was also on the board of the Washington National Opera. Miss Mars is also known to invest money in promising companies in exchange for equity. However, her list of stocks is very private.  

What Is Jacqueline Mars’ Claim To Fame? 

Jacqueline Mars was already born into a privileged family, but her efforts and business acumen resulted in Mars Inc. acquiring the largest chunk of consumers, beating its competitors like Hershey.

• Joined Mars: Jacqueline Mars joined the confectionery giant in 1982 as a food product group president and was later promoted to Corporate VP of Mars, Inc. She served the company for nearly 20 years until 2001. She still serves as a strategic advisor for the company and owns one-third (33.33%) of the conglomerate. 
• Fatal Accident: On October 4, 2013, Miss Mars was involved in a fatal road accident near her home in West Virginia. Miss Mars’ car crashed into a Chrysler minivan carrying a family, and one person died on the scene while another suffered a miscarriage. Jacqueline Mars pleaded guilty for the same and was asked to pay just $2,500 in fine after victims’ family members had forgiven her. However, her license was suspended for six months.

She was in the news for quite some time and garnered everyone’s criticism of her negligence while driving. However, positive publicity and negative publicity both work to get your name in the public domain.

What Are The Businesses Owned By Jacqueline Mars? 

Jacqueline Mars owns two major businesses that support many more sub-businesses. All the businesses together ensure multiple streams of revenue, adding to Miss Mars’ tremendous net worth.

• Mars: Mars Inc. (valued at $117B) is a parent entity of many sub brands like Twix, M&M, Snickers, Milky Way, 3 Musketeers, and Dove Chocolate, to name a few. Coming to pet foods, there’s Pedigree and Whiskas. Other food products include Uncle Ben’s rice. All these sub brands are special in their own way, not forgetting the iconic Mars Chocolate Bar. Mars Inc.’s peak revenue was $37.0 B in 2023.
• Horse Farms Forever (Stonehall Farm): Jacqueline Mars is also very much into organic farming and horses and is one of the founders of the Horse Farms Forever. She loves horses, and her sponsorship hub, Mars Equestrian, organizes multiple horse competitions in various domains. So, there’s a decent amount of revenue from there as well. 

Jacqueline Mars’ Love For Horses Is Very Well Documented In Her Quote: 

“No doubt, the world would be a lesser universe without the horse. The joy, the sorrow, the beauty, the wildness, the service they render to mankind. We are lucky to be able to share in their story.” 

How Does Jacqueline Mars Spend Her Wealth? 

Currently, 84, there’s very little she can splurge her money on. Although it's said that she has a keen interest in art and photography. So, naturally, she would buy some high-end paintings or photographs for her personal collection. Besides that, nothing much is known about her lifestyle. 

Houses owned by Jacqueline Mars

As some other personal information indicates, the number of houses owned by Jacqueline Mars is not exactly known. However, on the basis of scarce information available, here’s what reports have to say:

• Stonehall Farm Estate: She resides in the comfy abode of her Stonehall Farm, The Plains, Virginia. As mentioned earlier, this property is a very important and priced possession of Miss Mars.
• Penthouse in Watergate: Some reports mention that this property holds a special place in Miss Mars’ heart. It belonged to her late mother, and Robert Strauss, a high-profile lawyer, was her neighbor.

Jacqueline Mars had an estate in Bedminster, New Jersey, which she put for sale for $2 million when she was in the process of separating from her husband Hank Vogel. So, it’s been a long time since, and she might have purchased some real estate as well, which is not publicly disclosed. 

What Are The cars And Other High-End Vehicles Owned By Jacqueline Mars?

Nothing much is known in this regard. However, Jacqueline was driving a Porsche SUV when she encountered a fatal crash and pleaded guilty for the death of an 86-year-old grandmother and the miscarriage of a lady while injuring other family members.

What Are Jacqueline Mars’ Charitable Contributions? 

Jacqueline Mars has long been a pillar of humanitarian efforts in her family. She is a well-known philanthropist and animal lover. Here are a few of her charitable contributions for the betterment of society.

• Mars Family Foundation: The family-owned foundation helps different charities to network, find resources, and coach them towards sustainability and the overall success of different communities.
• Donation to Humane Society International: Mars donated $1 million to Humane Society International, helping with critical support for millions of pets across the globe.
• Donation for “Angels Unawares” Plaza: Jacqueline Mars donated $1.25 million personally to the Catholic University to create a perfect home for Angel Unawares, the 3.5-ton, 20-foot-long sculpture designed by renowned artist Timothy Schmalz.
• Land Conservation Efforts: Jacqueline Mars has also made considerable donations for protecting 400 acres of land in the Virginia countryside.

What’s Next For Jacqueline Mars? 

Jacqueline Mars is known as one of the most influential businesswomen in the United States. She will continue to inspire millions of other women and create opportunities for female entrepreneurs and professionals.

She will continue with her philanthropic efforts while making investments in research and development so that her company creates new exciting products for changing customer demands. The most recent development comes in the form of Mars Inc. planning to acquire Kellanova Group for $36B, making it one of the biggest deals in 2024. 

Also Read:

• Alice Walton's Net Worth
• Françoise Bettencourt Meyers' Net Worth
• Savitri Jindal's Net Worth