John Franklyn Mars: Know the American businessman who is heir of Mars Family

After completing his education, John entered into his family business with his siblings Jacqueline Mars and Forrest Mars Jr. In the beginning of his career, he served as board members of the company. In the year 1969, John’s father Forrest Mars Sr. handed the company’s ownership to John and his brother whereas after his father’s death in 1999, Mars Inc. stakes were inherited by John Franklyn and his siblings.

John Franklyn Mars is the American businessman and the heir of Mars Family who owns Mars Incorporated, an American multinational manufacturer of confectionary, pet food, other food products and provides animal care service. Mars was founded in the year 1911 by John’s grandfather Franklin Clarence Mars. As of March 2023, John Franklyn Mars has $ 38.3 billion net worth, according to Forbes.

After completing his education, John entered into his family business with his siblings Jacqueline Mars and Forrest Mars Jr. In the beginning of his career, he served as board members of the company. In the year 1969, John’s father Forrest Mars Sr. handed the company’s ownership to John and his brother whereas after his father’s death in 1999, Mars Inc. stakes were inherited by John Franklyn and his siblings.

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In 1975, John started to serve as the co-president of the company along with his brother. Being the heir of the Mars family, he also worked hard for the growth of the company as its co-president. The Mars company is fourth-largest privately held company in the United States. According to Forbes, in 2010, John Franklyn was named as the 52nd richest person in the world and 26th richest person in America. In the year 2015, Hurun Global Rich list ranked John as the 28th richest man in the world with a net worth of US$ 26 billion. 

John Franklyn Mars was born on 15th of October 1935 in Arlington, Virginia, United States. John completed his education from Hotchkiss school in Lakeville, Connecticut and later went to Yale University for higher studies. Mars got married to Adrienne Bevis and they have daughter Linda Anne Mars, Son Frank Edward Mars and Michael John Mars. 

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