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Confidence votes 4. The Jelly Belly Jelly Bean is owned by Jelly Belly Candy Company, a privately held company formerly known as Herman Goelitz Candy Company, and currently operated by the fourth, fifth and sixth generations of the Goelitz family, which has been making candy since 1869.
Marinus van Dam, product developer and plant manager for the company, oversaw the development of Jelly Belly jelly beans. By the 1980s, many flavors had been developed. In 1980, Klein sold his interest in the Jelly Belly name. David Klein sold the Jelly Belly trademark to Rowland for $4.8 million, paid in monthly installments over 20 years, which Klein split with a partner. The Jelly Belly trademark was registered August 3, 1982.