Nobody can understand Mars' immensity without thinking about their corporation, Mars Inc. It is a huge global firm best known for its confectioneries, which include Milky Way, Dove, and Skittles. Valerie Mars is a senior vice president and head of corporate development for Mars, Inc.
Even though Valerie Mars is the businessman Forrest Mars Jr.'s daughter, few individuals know her daily activities. People are curious to learn more about how she upholds and strives to live up to her family legacy. So, let's learn more about the advantages and challenges of being a child from a business household as she pursues her career.
Born To Popular Parents
Valerie was born Valerie Anne Mars on January 20, 1959, to popular American businessman late Forrest Mars Jr. and his wife, Virginia Cretella. Valerie Mars' dad was an American heir and businessman who held the position of co-president of the confectionery firm from 1975 to 1999. Similarly, her great-grandfather, Frank Mars, who learned how to hand-dip chocolate while still in school, founded Mars Inc in 1911.
Valerie Mars was born to her dad, Forrest Jr., and Virginia Cretella. Image Source: Colonial Williamsburg Facebook
Besides, In addition, Valerie grew up with her three sisters, Pamela Mars-Wright, Marijke Mars, and Victoria Mars. All of them are fourth-generation Mars family members. Mars and her siblings must have shared many special memories during their early life.
Speaking of academics, the multi-billionaire graduated from Yale University with a Bachelor of Arts/Science degree. She later obtained an MBA from Columbia Business School.
Valerie Mars Net Worth - $9.7B
Valerie Mars followed in her parent's footsteps by working part-time for the family business in 1992, doing special projects for the M&M brand. She currently serves as Mars Inc.'s vice president of corporate development and a board of directors member. The businesswomen concentrate primarily on the organization's divestitures, acquisitions, and joint ventures. Before joining Mars Inc., she worked as a controller for Whitman Hefferman Rhein, a boutique investment group.
Valerie has been a board member of Fiat Chrysler Automobiles since 2014. She also serves on the board of directors for the Finnish-Swedish stock corporation Ahlstrom-Munksjö. In addition, the wealthy businesswoman sits on Rabobank North America's advisory board. She participates in charitable organizations by serving on Conservation International and the Open Space Institute boards.
As a result of her numerous professional ventures, Valerie Mars's net worth is valued at $9.3 billion. However, as per Bloomberg, the billionaire is worth $13.6 billion. Mars got most of her wealth from her 8% ownership in McLean, Virginia-based Mars Inc.
Blissfully Married To Her Life Partner
Valerie Mars has established quite a name for herself in the business industry while also managing to lead a good marital life. She has been sharing a blissful conjugal life with Philip Michael White since June 1984. They have been blessed with two adorable sons and currently reside in Germany.
Besides, Valerie Mars' husband graduated from Trent University and earned a master's degree in economics from Dalhousie University. Enid Geraldine White, his mom, is a retired sociology professor, while his dad, the late Frank Gerard White, was in charge of purchasing for the Canadian military serving in NATO.
Forrest Mars Jr.'s daughter is doing well. Valerie wishes to avoid the spotlight and work hard, unlike some wealthy children who irresponsibly waste their parents' wealth and lead extravagant lives. We wish her continued success and good health.
Trivia And Facts
- Valerie Mars was hired for a position in the training program at the New York-based Manufacturers Hanover Trust firm.
- Her family business Mars Inc. has annual sales of almost $45 billion as of June 2022.