Latest / Family Business Stories with Fexingo: Succession, Legacy, and Multi-Generational Companies
How the Mars Family Preserves Autonomy
We explore how the Mars family has managed to keep their confectionery and pet care empire private for five generations, avoiding the public markets entirely. With a valuation that fluctuates but consistently ranks among the largest privately held companies in the United States, the Mars organization operates under a unique set of principles known as the Five Principles. We look at how these guiding tenets influence everything from employee benefits like full healthcare coverage to long-term investment strategies that prioritize stability over quarterly earnings calls. Unlike many family…
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