Forrest Mars Jr

  Male      American      Business Person

  Born : Aug 16, 1931  

About Author

Forrest Edward Mars, Jr. (born August 16, 1931) is the eldest son of Forrest Mars, Sr. and the grandson of Frank C. Mars, the founder of Mars, Incorporated, the confectionary company. In March 2015,Forbes estimated his wealth to be $26.8 Billion down from US$11 billion in March 2010. As of October 2012 the Bloomberg Billionaires List ranks Mars as the 31st richest man in the world with an estimated net worth of 20.1 billion.

Mars graduated from the Hotchkiss School in Lakeville, Connecticut in 1949 and Yale.

As owner of the Diamond Cross Ranch, an 82,000-acre (33,000 ha) parcel along Montana’s Tongue River and on the northern end of the Powder River Basin, Mars has been active in opposing the development of his part of what's been called the "most productive coal and natural gas fields in the nation." Companies that hold the oil and gas leases to his land, rights originally made possible by the Stock-Raising Homestead Act and the Mineral Leasing Act, are seeking to exercise those rights on his ranch. Mars is reportedly concerned about the large amount of water that energy exploration and production projects consume, water needed by his ranch...

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