The Mars family, owners of the global consumer giant Mars, Incorporated, continues to stand among the wealthiest families in the United States, building a business empire that spans confectionery, pet care, and food products across the world.
With annual sales estimated at about $65 billion, Mars Inc. has grown from a small kitchen-based candy business into one of the largest privately held companies globally. The company’s journey began in 1911, when founder Frank C. Mars started making and selling candy from his kitchen in Tacoma, Washington. What began as a modest family venture would eventually transform into a multinational corporation behind some of the world’s most recognizable brands.
Over more than a century, the Mars family has maintained ownership of the company while expanding its reach beyond candy into pet nutrition, veterinary services, and food innovation. Today, Mars Inc. operates in more than 80 countries and employs tens of thousands of people worldwide, with products enjoyed by millions of consumers and trusted by pet owners globally.
The family’s wealth has been built largely through long-term ownership, disciplined management, and continuous expansion of the Mars brand. Unlike many publicly traded corporations, Mars remains privately owned, allowing the family to make strategic decisions without pressure from external shareholders.
According to wealth rankings, the Mars family is currently the third-richest family in America, joining an exclusive group of dynasties whose fortunes have been shaped by generations of entrepreneurship and business leadership.
The family’s story represents one of the most remarkable examples of American business success a journey that began with homemade candy over a century ago and evolved into a global empire influencing the way people eat and care for their pets.