Forrest Mars Net Worth (Updated 2026).

Forrest Mars, born in 1904, began his career in the candy industry at a young age. After dropping out of Yale University, he secured a job with the William F.R. Pusey & Co., a candy manufacturer, where he learned the ropes of the business. His passion for confections was evident, and he quickly rose through the ranks.

In 1932, Mars decided to venture out on his own, using his savings and a $5,000 loan from his father to establish the Mars Company. He started small, producing candy in his kitchen and selling it door-to-door. His big break came in 1939 when he introduced the Milky Way bar, a chocolate-covered nougat and caramel confection that would become his most iconic creation.

Forrest Mars Jr.’s Current Net Worth

As of 2025, Forrest Mars Jr.’s current net worth is estimated to be around $13 billion, according to Forbes. This makes him one of the wealthiest individuals in the world.

Career

Forrest Mars Jr. is the son of the founder of the Mars candy company. He joined the family business in the 1950s and played a significant role in expanding the company’s global reach. He served as the CEO of Mars, Incorporated from 1973 until his retirement in 1999.

Other Ventures

In addition to his work at Mars, Incorporated, Forrest Mars Jr. has also been involved in various other ventures. He was a co-owner of the Denver Nuggets NBA team from 1981 to 1985 and has also invested in real estate and other businesses.

Assets

Forrest Mars Jr.’s assets include a stake in Mars, Incorporated, which is one of the largest privately held companies in the United States. He also owns several properties, including a mansion in Seal Beach, California, and a ranch in Montana.

Annual Income

Forrest Mars Jr.’s annual income is not publicly disclosed. However, as a major shareholder of Mars, Incorporated, which generates billions in revenue each year, it is likely that he receives a significant income from the company.

Frequently Asked Questions about  Forrest Mars

Frequently Asked Questions about Forrest Mars

1. What is Forrest Mars’ net worth?

Forrest Mars’ net worth is estimated to be around $10 billion.

2. How did Forrest Mars make his fortune?

Forrest Mars made his fortune through his involvement in the Mars candy company, which he co-founded with his father, Frank C. Mars. He is also known for creating the Mars bar and M&M’s.

3. When was Forrest Mars born?

Forrest Mars was born on October 16, 1904.

4. Where was Forrest Mars born?

Forrest Mars was born in Waukesha, Wisconsin, USA.

5. Did Forrest Mars have any siblings?

Yes, Forrest Mars had a brother named Bruce Mars.

6. What was Forrest Mars’ role in the Mars company?

Forrest Mars served as the president of the Mars company from 1932 to 1973. He was also the company’s chairman from 1973 until his death in 1999.

7. What is the Mars company’s annual revenue?

The Mars company’s annual revenue is estimated to be over $35 billion.

8. What other brands does the Mars company own?

The Mars company owns several brands, including Snickers, Twix, Milky Way, and Bounty, among others.

9. Where is the Mars company headquartered?

The Mars company is headquartered in McLean, Virginia, USA.

10. When did Forrest Mars pass away?

Forrest Mars passed away on July 1, 1999.