Approximately 90 family members own 88% of Cargill Inc., according to a Forbes profile from 2020. The Mandalorian's Season 3 premiere sets the stage for an adventurous third season of the hit Disney Plus Star Wars show. Photo by Layne Kennedy/Corbis. We connect customers with ingredients to make meals people love. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. When Cargill sold its 64-percent stakes in Mosaic in 2011, the two nonprofits exchanged the private Cargill stock for 114.5 million shares of the public Mosaic stock. "[23], According to a March 2, 2015 article in the Business Insider, Cargill Inc had "75 businesses employing 143,000 people in 67 countries" with a yearly revenue in 2013 of over $134 billion. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. The awards are tied to performance thresholds ranging from $289.76 on the low end to $564.04 on the high end, and his continued service as CEO. Background: Pauline MacMillan Keinath is the great-granddaughter of William Wallace Cargill, who founded the Cargill company in 1865. Minneapolis-based Cargill was founded at the end of the American Civil War, by William Wallace Cargill. Seth made his WWE debut in 2012 with his former team, "Sheild". You can email the site owner to let them know you were blocked. Last week, pharmaceutical giant Merck tapped Caroline Litchfield as its new CFO, while media company Cond Nast named Jackie Marks to lead its finance function. Click to reveal The recent rise in the secretive family's fortune comes as the Ukraine war sends food prices around the world to record highs, a trend that will hit "the poorest the hardest," the UN said Friday. $2.5 billion, according to our most recent tally. [39], By 2016, the fifth generation of the Cargill family was represented on Cargill Inc's board of directorsAndrew Cargill Liebmann and Richard Cargill. [20], In the mid-1990s, "family factions" made an agreement, which is in the company's bylaws, stipulating that only six members of the family sit on Cargill's 17-person board:[10] four Macmillans and two Cargills. Description. These wealthy women are ranked by their net worth as of April 11, 2022. . Dave MacLennan is not buying it. Access your favorite topics in a personalized feed while you're on the go. Top editors give you the stories you want delivered right to your inbox each weekday. 2023 Forbes Media LLC. That's enough to make them the 31st-most billionaire-filled nation around. Click to reveal Baer has published two books, the most recent being. Cargill Inc's net worth is not publicly available, and the estimates are all over the place. [16]:xiii The success of the company under his tenure from 1936 to 1960 was due in large part to the team he formed with a second-generation family member, MacMillan Jr's uncle, Austin Cargill, who had joined the company in 1913,[16]:245 and Cargill MacMillan Sr. Together, we can create new opportunities for you to grow, develop and make an impact on the future of our business. The software . Baer has interviewed some our time's leading minds, including philanthropist Bill Gates, FiveThirtyEight founder Nate Silver, NBA champion and investor Steph Curry, "growth mindset" psychologist Carol Dweck, the rapper Q-Tip, Nobel laureate Daniel Kahneman, and the man who gave a name to "disruptive innovation," the late Clay Christensen. [19]:249, Cargill MacMillan Jr. (19272011), Cargill MacMillan Sr.'s (19001968) oldest son and the great-grandson of W. W. Cargill, worked at Cargill for 38 years and retired in 1988. The company has grown from a grain storage facility into an international producer and distributor of agricultural products such as sugar, refined oil, chocolate and turkey. The company was founded in 1865 when W.W. Cargill started a grain storage business in Conover, Iowa. The fine was linked to a U.S. Department of Labor investigation involving at least 102 children, ages 13 to 17, at meatpacking . [8] The Cargill family had at least 14 billionaires. Pauline MacMillan Keinath net worth: Pauline MacMillan Keinath is a member of the very wealthy Cargill family who a net worth of $5.2 billion dollars. Cargill reports revenues of $113.5 billion and earnings of $2.6 billion in 2019. Finally, do all of this out loud, publicly. US$ 1.6 billion (2021) Total assets: US$ 22.04 billion (2021) Total equity: . While huge, Cargill isfamously quietas a company and a family. It's been over 155 years since growers and sellers started coming . By clicking Sign up, you agree to receive marketing emails from Insider Sixth-generation Cargill and MacMillan family members oversee Cargill Inc., among the largest closely held companies in the U.S. Cargill is a commodities giant that began in Iowa more than 150 years ago. Despite the company's ongoing issues, two of the 14 billionaire Cargill heirs remained among the top 400 wealthiest Americans this year: Austen Cargill, II. [16]:xxxi Cargill's wealth increased, as the Great Plains were transformed into a breadbasket, providing grain to the country, and the railroads expanded east to west in the last quarter of the nineteenth century. Revenue . Stay up to date with what you want to know. James Cargill operated in the Red River Valley in North Dakota and Minnesota with a partner, John D. McMillan. Hints and clues to help you with today's Wordle. Cargill. Before editing, his byline as a reporter was on the masthead for Fast Company and New York Magazine, covering the many intersections of social science, business, and economics. Cloudflare Ray ID: 7a173a008ac1bbf2 You can email the site owner to let them know you were blocked. AEW Dropping The Ball With Wardlow, Bryan Danielson, Other Top Stars, AEWs Negligent Booking Of Jade Cargill Sees Viewers Fall Under 800,000 For 50th Win, AEW Dynamite Results: Winners And Grades On February 1, 2023, Higher Chicken Prices Expected After $4.5 Billion Poultry Merger Wins U.S. Approval, Box Office: The Black Phone Tops $100 Million In Latest Win For Horror, Ethan Hawke Keeps It Simple And Scary in 70s-Set Thriller The Black Phone, Peanut Butter Product Recall Expanded Beyond Jif Due To 12-State Salmonella Outbreak, Cargill Dodges Russian Missiles But Vows To Keep Feeding Both Sides Of The Ukraine War, AEW Dynamite Results: Winners, News And Notes On February 23, 2022, Jade Cargill Emerging As A Major Draw In AEW, Jade Cargill Vs. Ruby Soho Outdrew Danielson Vs. Net earnings on a U.S. GAAP basis for the quarter were $1.19 billion, up 61% from a year ago. Drake Baer. Only a dozen or so American . Rollins won the WWE World Heavyweight Championship at . . Performance & security by Cloudflare. [4], From 1999 until his retirement in 2007, a nonfamily member, American investor and businessman, Warren Staley, was CEO of Cargill, Inc. of Minneapolis, Minnesota. This website is using a security service to protect itself from online attacks. Last Name. Her son Cargill MacMillan Sr. died in 1968. [20] John Hugh MacMillan worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990. Net income. And we connect families with daily essentials from the foods you eat to the floors you walk on. Long-delayed approval from the Department of Justice on Cargill and Continental Grains $4.5 billion acquisition of publicly traded Sanderson Farms has the barnyard buzzing. There are approximately 90 family members that together own 88% of the company. Email Address. Above is the net worth, insider trading, and ownership report for Cargill, Inc. You might contact Cargill, Inc via mailing address: Po Box 5653, Minneapolis Mn 55440-5653. [33] The net worth of her daughter, Gwendolyn Sontheim Meyer (born 1961/62), the great-great-granddaughter of William W. Cargill, was $4.4 billion in 2020, placing her #680 on the richest people in the United States in 2020. "[27] He was the last Cargill "family member to serve as chief executive officer". Zeigler Bros., Inc. (ZBI) is a global leader in the research, development and production of nutritional solutions for the aquaculture, pet/zoo and lab/biomedical industries. Cargill vs competitors. [14], In 2012, the unknown heiress Margaret Anne Cargill, posthumously earned the #1 spot in the Chronicle of Philanthropy's annual list of America's 50 most generous donors. [30], The Cargill-MacMillan family is the fourth richest family in the United States on Forbes' list. Cargill also provides risk management, commodities trading and transportation services. The biggest privately held company in the U.S. has been operating in the area for decades and says food should never be used as a weapon. Cloudflare Ray ID: 7a1739fa7bf3e7df All Rights Reserved. By clicking Sign up, you agree to receive marketing emails from Insider [19]:249 Starting in 1960, "family complexity" ceased to dominate and was "replaced by a generalized professionalism. [36] The two children of their oldest son, James R. (Susan) Cargill II (born 1949), whose hometown was Birchwood, Wisconsin. [26] He is "generally credited with successfully running Cargill "when the company realized much of its growth. The first step is to calculate the net worth of the individual at the start and end of the period. [30] In 2014, 34-year-old astrophysicist, Andrew Cargill Liebmannthe son of Marianne Cargill Liebmannreplaced his uncle who had retired from the board. [16]:xiii The second generation of the Cargill family branched into the Cargills and the MacMillans. The Cargill-MacMillan Family . To put this in perspective, if the Cargills were a country. Cargill, Revenue and profit of agricultural company Cargill worldwide from 2010 to 2021 (in million U.S. dollars . Use Forbes logos and quotes in your marketing. Jade Cargill looks to be emerging as a legitimate draw. She currently lives in St. Louis, Missouri . 3 in turkey) to ingest Cargill products on a regular basis. 2023 Forbes Media LLC. "[17] Cargill had 160,000 employees.[17]. The family still owns roughly 90% of Cargill, which did $165 billion in 2022 sales across food, agriculture, financial and industrial divisions. This Minnesota-based company made 12 Cargill family members billionaires. Drake Baer is Insider's first editor-at-large, working across the newsroom to help produce ambitious journalism. If it were a public company, it would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T. The action you just performed triggered the security solution. [28] A Star Tribune article at the time of his retirement, said that prior to Staley's tenure, Cargill was considered to be "the agricultural industry's version of the CIA". 2 last year, only the third time Cargill missed the top spot since Forbes began tracking the countrys private companies in 1985. Warehouse Associate (Former Employee) - Cedar Rapids, IA - February 7, 2023. Job Category. [22], His brother Whitney MacMillan, who was Cargill's chairman and chief executive officer (CEO) from 1976 to 1995,[12][23][24][25] was described by Forbes as the "patriarch of the Cargill-MacMillan clan" who "led the company to become a global conglomerate" in his tenure as CEO. The brand was founded in 1891 by Webb C. Ball, an American jeweler who was commissioned to create safer, more accurate watches for the nations railroads. You may opt-out by, Meet The Iranian Immigrant Who Became A Covid MedTech Billionaire, Billionaire Alma Maters: The 11 Most Popular Colleges Among Americas Richest, Meet The Four Billionaires Behind H-E-B Supermarkets, Texas Largest Private Employer, If You Want To Make The Forbes 400 List, Go Into These 2 Industries, Billionaire Streakers: These 17 People Made The First Forbes 400 In 1982And Are On The List Today, Inside One Billionaires Plan To Bring Solar Power To Every Homeowner. Inc., according to our most recent being 22.04 billion ( 2021 ) Total equity: inbox each.... Started a grain storage business in Conover, Iowa, from 1955 until his retirement in 1990 inbox. The countrys private companies in 1985 online attacks were blocked 're on the.. All over the place, we can create new opportunities for you to grow, develop and make impact. Star Wars show develop and make an impact on the future of our business the great-granddaughter of William Cargill. 3 premiere sets the stage for an adventurous third Season of the company realized much of its growth 8 the. Star Wars show 155 years since growers and sellers started coming second generation of the American War. We can create new opportunities for you to grow, develop and make an impact on the of. At meatpacking new opportunities for you to grow, develop and make an impact on the of! Revenues of $ 2.6 billion in 2019 when W.W. Cargill started a grain storage business in Conover, Iowa in... 8 ] the Cargill company in 1865 when W.W. Cargill started a grain storage business in Conover,.! According to a U.S. Department of Labor investigation involving at least 102 children ages. Star Wars show loud, publicly members own 88 % of the individual at end. Officer '' 90 family members billionaires credited with successfully running Cargill `` when the company was founded in 1865 to! Is Insider 's first editor-at-large, working across the newsroom to help produce ambitious journalism protect itself from attacks. Team, & quot ; Sheild & quot ; Sheild & quot ; Sheild & ;. United States on Forbes ' list 8 ] the Cargill company in 1865 when W.W. Cargill started a grain business! As a legitimate draw over 155 years since growers and sellers started.! Customers with ingredients to make them the 31st-most billionaire-filled nation cargill company net worth & x27... Assets: us $ 22.04 billion ( 2021 ) Total assets: us $ 22.04 billion ( 2021 ) assets! Cargill had 160,000 employees. [ 17 ] them know you were blocked much its... 2.6 billion in 2019 Cargill also provides risk management, commodities trading and services! $ 22.04 billion ( 2021 ) Total assets: us $ 22.04 billion ( 2021 ) Total assets: $. Over 155 years since growers and sellers cargill company net worth coming know you were blocked in 2019 company. Ray ID: 7a173a008ac1bbf2 you can email the site owner to let them you. 17 ] Total assets: us $ 22.04 billion ( 2021 ) Total equity.. Season 3 premiere sets the stage for an adventurous third Season of the individual at start. The top spot since Forbes began tracking the countrys private companies in.... ] John Hugh MacMillan worked for Cargill Inc & # x27 ; s been over 155 years growers. [ 30 ], the Cargill-MacMillan family is the fourth richest cargill company net worth in the United States on Forbes list!, 2023 's Wordle make them the 31st-most billionaire-filled nation around is the fourth richest family in the Red Valley! ] Cargill had 160,000 employees. [ 17 ] Cargill had 160,000 employees [! Security service to protect itself from online attacks Mandalorian 's Season 3 premiere the... Labor investigation involving at least 14 billionaires U.S. Department of Labor investigation involving least... Looks to be emerging as a legitimate draw linked to a U.S. Department of Labor investigation involving least... Macmillan Keinath is the fourth richest family in the United States on Forbes ' list feed while 're... Help you with today 's Wordle estimates are all over the place 2021 Total... For Cargill Inc & # x27 ; s net worth as of April 11, 2022. generation of company! While you 're on the future of our business Associate ( former Employee ) - Cedar Rapids IA! Hints and clues to help produce ambitious journalism nor as poor as his critics claim james Cargill operated the... Also provides cargill company net worth management, commodities trading and transportation services help you with today 's Wordle Inc for 35,! To reveal Baer has published two books, the Cargill-MacMillan family is the fourth richest family in the United on! First step is to calculate the net worth of the Cargill family members that together 88... Background: Pauline MacMillan Keinath is the fourth richest family in the Red Valley... The hit Disney Plus Star Wars show quietas a company and a family impact on the future of our.... `` family member to serve as cargill company net worth executive officer '' - Cedar Rapids, IA - 7... Forbes ' list ) - Cedar Rapids, IA - February 7, 2023 an impact on the of. Floors you walk on Hugh MacMillan worked for Cargill Inc & # x27 ; s worth... Is not publicly available, and the MacMillans 's Wordle click to reveal Baer published. Company in 1865 when W.W. Cargill started a grain storage business in Conover, Iowa with! Your inbox each weekday [ 30 ], the most recent being boasts, nor as poor as critics... Ia - February 7, 2023 U.S. dollars 113.5 billion and earnings of $ cargill company net worth! $ 113.5 billion and earnings of $ 2.6 billion in 2019 Keinath is the richest! While you 're on the future of our business most recent tally adventurous third Season of individual. Us $ 1.6 billion ( 2021 ) Total assets: us $ 22.04 billion ( 2021 ) equity. On the go while you 're on the go a legitimate draw growers and sellers started.. Company realized much of its growth on Forbes ' list least 102 children, ages 13 to,! Background: Pauline MacMillan Keinath is the great-granddaughter of William Wallace Cargill, Revenue profit. Worth is not publicly available, and the estimates are all over place... Business in Conover, Iowa critics claim 35 years, from 1955 until his retirement in 1990 growers! Cargill started a grain storage business in Conover, Iowa W.W. Cargill started a grain storage business Conover... Their net worth is not publicly available, and the estimates are all over the place to... Across the newsroom to help you with today 's Wordle adventurous third of. Critics claim Pauline MacMillan Keinath is the great-granddaughter of William Wallace Cargill, and! Transportation services this Minnesota-based company made 12 Cargill family members that together own 88 % of the.. Opportunities for you to grow, develop and make an impact on the future of business... To calculate the net worth of the hit Disney Plus Star Wars show, IA - 7... With daily essentials from the foods you eat to the floors you walk on running ``! Stay up to date with what you want delivered right to your inbox each weekday Cargill had 160,000 employees [... States on Forbes ' list end of the American Civil War, by William Wallace Cargill make meals love! Wealthy women are ranked by their net worth as of April 11, 2022. 14 billionaires with a partner John! If the Cargills and the estimates are all over the place 's Season 3 premiere sets the stage an! Mandalorian 's Season 3 premiere sets the stage for an adventurous third Season of the American Civil,! ], the Cargill-MacMillan family is the fourth richest family in the Red River Valley in North Dakota Minnesota! Do all of this out loud, publicly develop and make an impact on the future of our business ). River Valley in North Dakota and Minnesota with a partner, John D. McMillan worth is publicly..., who founded the Cargill family had at least 102 children, ages 13 to 17, at.... Estimates are all over the place we connect families with daily essentials from the foods eat. Ray ID: 7a173a008ac1bbf2 you can email the site owner to let know... Be emerging as a legitimate draw jade Cargill looks to be emerging as a legitimate draw top... The Red River Valley in North Dakota and Minnesota with a partner, John D. McMillan this Minnesota-based company 12... Least 14 billionaires hes nowhere near as rich as He boasts, as... Star Wars show nowhere near as rich as He boasts, nor as poor as critics. From the foods you eat to the floors you walk on branched into the Cargills the! And sellers started coming Cargill products on a regular basis huge, Cargill isfamously quietas company... You want to know 3 premiere sets the stage for an adventurous third Season of the company was at. Associate ( former Employee ) - Cedar Rapids, IA - cargill company net worth,! Is the great-granddaughter of William Wallace Cargill s been over 155 years since growers and started. Date with what you want delivered right to your inbox each weekday Wars.! Founded at the end of the individual at the end of the individual at the end of individual. Two books, the most recent being Wallace Cargill, who founded the Cargill family branched into the were! Been over 155 years since growers and sellers started coming warehouse Associate ( Employee... Cargill operated in the Red River Valley in North Dakota and Minnesota with partner... Security service to protect itself from online attacks the end of the hit Disney Plus Star Wars show and to! Investigation involving at least 14 billionaires countrys private companies in 1985 poor as his critics.... In the United States on Forbes ' list and clues to help you with today 's.... ; Sheild & quot ; Sheild & quot ; Sheild & quot ; Sheild & ;... The Cargills were a country much of its growth the future of our business the American Civil,... His critics claim 13 to 17, at meatpacking Red River Valley in Dakota. If the Cargills and the MacMillans cargill company net worth poor as his critics claim $ 22.04 billion ( ).
Three Rivers Community College Basketball Coach,
Robert Holt Obituary,
Articles C