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Forrest Mars Sr.

6 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Dec 16, 2024 by David Rosenthal · said 131 times in 1 episodes since 2024 · across every show →

Mentions by year

brought up most by David Rosenthal (113), Ben Gilbert (18)

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2024 131 mentions in 1 episode

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Everything said about Forrest Mars Sr., oldest first

Dec 16, 2024 positive
Assertion Supported
Ethel M Chocolates reached $150 million in revenue within a few years
“Within a couple of years, FLM is doing a hundred and fifty million dollars in revenue.”
David Rosenthal Dec 16, 2024 ▶ 2:51:54 Mars Inc. - The Chocolate Story (Audio) · Acquired
Dec 16, 2024 neutral
Assertion Supported
Mars generated roughly $800 million in revenue when Forrest Mars retired
“He gives the company to his three children, a third each to Forrest Jr., John Mars, and Jackie Mars, and totally walks away and retires. At this point, the Empire is doing about eight hundred million in annual revenue, and he's just done.”
David Rosenthal Dec 16, 2024 ▶ 2:48:50 Mars Inc. - The Chocolate Story (Audio) · Acquired
Dec 16, 2024
Assertion Supported
M&Ms was founded as a joint venture between Mars and Hershey executives
“So Forrest and William Murray work out a deal to start a new joint venture candy company that will be 80% owned by Forrest and 20% owned by Murray's son, Bruce.”
David Rosenthal Dec 16, 2024 ▶ 1:57:24 Mars Inc. - The Chocolate Story (Audio) · Acquired
Dec 16, 2024
Assertion Supported
M&M Limited formed in 1940 and began production in 1941
“In the spring of 1940, Forrest and Bruce Murray, the son, set up M&M Limited as a partnership. They build a factory in Newark, New Jersey, and they start production in 1941.”
David Rosenthal Dec 16, 2024 ▶ 2:00:49 Mars Inc. - The Chocolate Story (Audio) · Acquired
Dec 16, 2024
Assertion Partly supported
Mars grew from $800 million to $20 billion revenue by 2001
“So during their tenure, by the time they hand the business over to professional management in 2001, they've grown it from, you know, that eight hundred million when Forrest left to twenty billion in revenue.”
David Rosenthal Dec 16, 2024 ▶ 2:55:24 Mars Inc. - The Chocolate Story (Audio) · Acquired
Dec 16, 2024 positive
Opinion
Forrest Mars Sr. belongs alongside Henry Ford among top American entrepreneurs
“And because the company is so private, like, nobody knows about him, you know, like, but he should be right up there With Sam Walton, Henry Ford, with the very, very greatest American entrepreneurs of all time. He was truly a genius.”
David Rosenthal Dec 16, 2024 ▶ 3:38:22 Mars Inc. - The Chocolate Story (Audio) · Acquired
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