Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
16 Dec 2024 Acquired Mars Inc. (the chocolate story)
“All told, all of his sets of companies, I believe here now in the mid- to late-1950s are doing $200 million-ish in revenue.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 16 Dec 2024
- Publisher
- Acquired
- Episode
- Mars Inc. (the chocolate story)
Transcript context
…I think they had started making their own chocolate instead of buying from Cadbury by this point. I think that’s right. I think they had transitioned or were transitioning to making their own chocolate. In the US, obviously, he’s got M&M’s, which are now the number one candy in the US. He’s crushing it there. He’s got the biggest and pretty much the only pet food business in the entire world. He’s also got the biggest and only branded rice business. All told, all of his sets of companies, I believe here now in the mid- to late-1950s are doing $200 million-ish in revenue. So a big empire. However, there are two things that he still doesn’t have. One, of course, is his father’s company, Mars Inc, Chicago Mars. He owns what, 10%-ish around this point?…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.