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John Mars

Forrest Mars Jr., Mars Inc.'s billionaire co-owner, dies at 84

Forrest Mars Jr., the billionaire co-owner of Mars Inc. who helped oversee the U.S. candy maker's global drive into new markets for M&M's, Milky Way bars and Uncle Ben's rice, has died. He was 84.

He died July 26, according to a statement from the company. No other details were given. He had a home in Big Horn, Wyoming.

The grandson of Forrest E. Mars, who made the first Mars products in 1911, helped his younger brother and sister run the closely held company for about 30 years. With siblings Jacqueline and John, he took the McLean, Virginia-based food maker's products into Russia, Poland and the Czech Republic in 1991 and opened its first manufacturing plant in...