OC’s Wealthiest 2024: MARS FAMILY

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MARS FAMILY
MARS INC.

THE MONEY: The Mars family owns candy, food and pet food giant Mars Inc. Founded in 1911 by Frank Mars, the privately held company, maker of M&M’s, Snickers and other well-known products, is said to have annual sales that approach $40B. Long one of the country’s wealthiest families.

THE FAMILY: Jacqueline Mars, a grandchild of Frank Mars, owns an estimated one-third of Mars, and Forbes pegs her wealth to be $37.8B. One of her three children, Alexandra Airth, is married to local business executive Alan Airth, who has deep ties to OC’s commercial real estate industry and has served as a member of Mars Inc.’s board.

LOCAL TIES: The Airth family has supported Harbor Day School, heading up the Corona del Mar private school’s fundraising campaign, which has brought in more than $50M. They are also supporters of the Orange County Museum of Art and Pretend City Children’s Museum.

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Sonia Chung joined the Orange County Business Journal in 2021 as their Marketing Creative Director. In her role she creates all visual content as it relates to the marketing needs for the sales and events teams. Her responsibilities include the creation of marketing materials for six annual corporate events, weekly print advertisements, sales flyers in correspondence to the editorial calendar, social media graphics, PowerPoint presentation decks, e-blasts, and maintains the online presence for Orange County Business Journal’s corporate events.