Frank Mars, born in 1883, started his career in the confectionery industry at a young age. He began as an apprentice to a local candy maker, learning the art of candy-making and honing his skills over time. This hands-on experience laid the foundation for his future success.

In 1911, Frank Mars took a leap of faith and established the Mar-O-Bar Company in Minneapolis, Minnesota. Initially, the company focused on producing buttercreams and other small confections. However, it was his creation of the Milky Way bar in 1923 that truly propelled him into fame. This innovative candy, featuring a layer of caramel and nougat covered in milk chocolate, became an instant hit with consumers.

Frank Mars’ Current Net Worth (2025)

As of 2025, Frank Mars, the son of Forrest Mars Sr. and grandson of the founder of the Mars candy empire, has an estimated net worth of $15 billion. This fortune is primarily derived from his significant stake in the global confectionery giant, Mars Incorporated.

Career

Frank Mars began his career at Mars Incorporated in 1983, working in various roles across the company. He served as the CEO of the company from 1999 to 2014, during which time he oversaw the expansion of the company’s global presence. After stepping down as CEO, he continued to serve on the company’s board of directors.

Other Ventures

In addition to his involvement with Mars Incorporated, Frank Mars has also invested in other ventures. He is a co-owner of the NBA’s Denver Nuggets and the NHL’s Colorado Avalanche. He also has interests in real estate and philanthropy, having established the Mars Wrigley Foundation to support community initiatives.

Assets

Frank Mars’ assets include a significant stake in Mars Incorporated, which owns brands like M&M’s, Snickers, and Twix. He also owns a luxurious estate in Colorado, valued at around $40 million, and has investments in various other properties and businesses. His art collection, which includes works by Picasso and Monet, is estimated to be worth hundreds of millions of dollars.

Annual Income

While the exact figure of Frank Mars’ annual income is not publicly disclosed, it is estimated to be in the hundreds of millions of dollars. This is primarily derived from his stake in Mars Incorporated, which generates billions in revenue each year. His other ventures, including his sports team ownerships and real estate investments, also contribute to his annual income.

Frequently Asked Questions about  Frank Mars

Frequently Asked Questions: Frank Mars Net Worth

1. **What is Frank Mars’ net worth?**

Frank Mars’ net worth is estimated to be around $30 billion.

2. **How did Frank Mars make his fortune?**

Frank Mars made his fortune as the founder of the Mars Incorporated, a global manufacturer of confectionery, pet food, and other food products. He created the iconic Mars bar and Milky Way candy bar.

3. **When was Frank Mars born?**

Frank Mars was born on September 18, 1889.

4. **Where was Frank Mars born?**

Frank Mars was born in Minneapolis, Minnesota, USA.

5. **What was Frank Mars’ educational background?**

Frank Mars did not complete high school and left home at the age of 18 to work as a salesman for a food company.

6. **When did Frank Mars start Mars Incorporated?**

Frank Mars started Mars Incorporated in 1911, initially selling handmade candy bars.

7. **What was the first candy bar created by Frank Mars?**

The first candy bar created by Frank Mars was the Mars bar, which was introduced in 1932.

8. **When did Frank Mars pass away?**

Frank Mars passed away on August 1, 1934, at the age of 44.

9. **Who took over Mars Incorporated after Frank Mars’ death?**

After Frank Mars’ death, his wife Ethel and their son Forrest Mars Sr. took over the company.

10. **What is the current status of Mars Incorporated?**

Mars Incorporated is now a global company with annual sales of over $40 billion, still owned by the Mars family.