Who has 14 billionaires in one family?

As Forbes reports in their annual billionaire list, the Cargill family now has 14 billionaires, more than any other family in the world. To put this in perspective, if the Cargills were a country, they'd have as many billionaires as Sweden or Israel.

How many billionaires are in the Cargill family?

The Cargill family had at least 14 billionaires. The Cargill company and family—who had at least 14 billionaires—were "famously quiet", living "extremely private lives, many of them on ranches and farms in Montana," according to Forbes.

Who are the heirs of the Cargill family?

Heirs to the family fortune include James Cargill II, Austen Cargill II, and Marianne Liebmann. While huge, Cargill is famously quiet as a company and a family. "The Cargills live extremely private lives, many of them on ranches and farms in Montana," Forbes reports.

How did the Cargill family make their money?

The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. The company was founded in 1865 when W.W. Cargill started a grain storage business in Conover, Iowa. Today the company sells and markets food, trades commodities and provides financial risk management.

Who owns the most of the Cargill?

Cargill remains a family-owned business, as the descendants of the founder (from the Cargill and MacMillan families) own over 90% of it. In January 2023, Brian Sikes was appointed to serve as president and CEO.

This Family Owns America

What is the largest private company in America?

Cargill comes in at No. 1, the third consecutive year that the agribusiness firm has taken the top spot. This is perhaps no surprise–it's held the number one rank 36 of the 39 years that Forbes has been tracking private companies.

What brands fall under Cargill?

Who is No 1 richest family in the world?

The Al Nahyan family, also referred to as the "House of Nahyan," is the richest family in the world. The leader of the family, Sheikh Mohammed bin Zayed Al Nahyan, is the ruler of Abu Dhabi and the President of the United Arab Emirates (UAE).

What ethnicity is the Cargill family?

Cargill is a surname of Scottish origin, a sept of Clan Drummond.

What is the religion of the Cargill family?

Being devout Catholics, the family enrolled three of the older boys (cousins Sidney Cargill, Marcus Cargill and Vincent Rahming) in the then all boys school of St. Augustine's College. Before graduating the boys left to seek employment.

Who is the CEO of Cargill?

Brian Sikes was elected to serve as Board Chair of Cargill in Jan. 2024 and has served as President and Chief Executive Officer since Jan. 2023. He is the 10th CEO in Cargill's 159-year history.

Why is Cargill still private?

Cargill is one of the largest private companies in the United States. The company avoided going public because of its size and the number of assets it holds. Investors can buy shares in Cargill's rivals—Bunge Limited and Archer-Daniels-Midland.

Is Cargill owned by Monsanto?

In 1998, Monsanto purchased Cargill's international seed business, which gave it access to sales and distribution facilities in 51 countries.

How much is the Cargill family worth?

The Cargill-MacMillan Family

And that put the Cargill-MacMillan family's fortune around $47 billion, making it one of the wealthiest families in America. Forbes estimates eight family members are billionaires from this company founded in 1865 following the Civil War. William Wallace Cargill and his son-in-law John H.

Who is the richest families in America?

How much land does Cargill own?

Beyond the many sugarcane plantations, feedlots and factory farms that Cargill owns and operates, it does own farmland for crop production: at least 50,000 ha in South America through its hedge fund Black River Asset Management.

What country owns Cargill?

Cargill is the United States' largest privately held company, bigger even than the notorious Koch Industries. Its footprint extends around the world.

Does Cargill own Purina?

In 2001, Agribrands International agreed to acquisition by Cargill, Inc., which continued the Purina brand. That same year, RPC sold its pet food division to Nestlé S. A., the largest food and beverage company in the world. Purina became a pet food brand of Nestlé.

Where is Cargill headquarters in the US?

Cargill in the United States of America (USA) is headquartered just outside of Minneapolis, Minnesota.

Is there a trillionaire in the world?

As of today, no billionaire is within striking distance of becoming a trillionaire. Elon Musk is, at present, the world's richest person, with a net worth of $206 billion, while Jeff Bezos is in the number two position with $179 billion, according to Bloomberg.

Are the Rockefellers still a wealthy family?

Valued at $8.4 billion, among 70 heirs, the fact that the Rockefellers have continued to keep the wealth in the family for decades is proof of their knowledge in generational wealth building. Here are five ways the Rockefellers built and sustained their generational wealth.

Who is the trillionaire?

A trillionaire is an individual with a net worth equal to at least one trillion in U.S. dollars or a similarly valued currency, such as the euro or the British pound. Currently, no one has yet claimed trillionaire status, although some of the world's richest individuals may only be a few years away from this milestone.

Who is Cargill biggest competitor?

Who did Cargill buy out?

Cargill and Continental Grain Company completed their long-delayed $4.53 billion purchase of Sanderson Farms, the companies said in a statement. The acquisition was announced on August 9, 2021, and creates the third-largest U.S. poultry processor.

Who does Cargill supply meat to?

Cargill Protein - North America produces, distributes and markets beef, turkey, chicken and egg products to retail, foodservice and food manufacturers throughout North America, and exports meat and by-products around the world.