Latest / Family Business Stories with Fexingo: Succession, Legacy, and Multi-Generational Companies
How the Mars Family Keeps the Candy Empire Private
In the premiere episode of Family Business Stories with Fexingo, Lucas and Luna dive into the mechanics of the Mars family — the secretive clan behind M&Ms, Snickers, and Pedigree pet food. With over $45 billion in annual revenue and zero public shareholders, Mars Inc. is one of the largest private companies on earth. Lucas explains how the family has managed succession across four generations, from founder Frank Mars selling buttercream candies out of his kitchen in 1911 to the current generation of cousins running the show today. Luna questions the trade-offs of staying private: no…
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