Who has 14 billionaires in one family?
The secretive Cargill family has 14 billionaires thanks to an agricultural empire — more than any other clan on earth. Cargill is the largest privately held company in the US. The Minnesota-based agriculture giant has 75 businesses employing 143,000 people in 67 countries. In 2013, yearly revenue topped $134 billion.
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.
Today the company is a major player in grain, producing corn syrup, starch and livestock feed, and is involved in meatpacking and energy trading. There are at least 100 family members that together own an estimated 88% of the company. According to Forbes, 21 of the family members are billionaires.
Cargill remains a family-owned business, as the descendants of the founder (from the Cargill and MacMillan families) own over 90% of it.
Gwendolyn Sontheim Meyer inherited an estimated 8% stake in food giant Cargill. The heiress spends most of her time on a farm in Rancho Santa Fe, Calif., training horses that compete in show jumping. Her great-grandfather, W.W. Cargill, the son of a Scottish sea captain, founded Cargill in Conover, Iowa in 1865.
- Genghis Khan. 1206–1227. King of Mongol Empire. ...
- Zhao Xu. 1048–1085. ...
- Akbar, The Great. 1542–1605. ...
- Amenhotep III. 1388–1351 BC. ...
- Augustus Caesar. 63 BC-14 AD. ...
- King Solomon. 970–931 BCE. ...
- Mansa Mousa. 1280–1337.
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).
With an estimated wealth of $305 billion, the Royal family of Abu Dhabi- Al Nahyan family— is known as the richest family in the world. The head of the Al Nahyan family, Sheikh Mohammed bin Zayed Al Nahyan, is the ruler and President of the United Arab Emirates (UAE).
- The Walton Family: $267 Billion, Retail. ...
- The Mars Family: $117 Billion, Candy and Pet Food. ...
- The Koch Family: $116 Billion, Energy & Diversified Holdings. ...
- The Cargill-MacMillan Family: $60.6 Billion, Agribusiness.
9. The Cargill-MacMillan Family. With revenues over $100 billion, Cargill is one of America's largest private companies. And that put the Cargill-MacMillan family's fortune around $47 billion, making it one of the wealthiest families in America.
Is Cargill bigger than Apple?
The World's Largest Private Company
While the title of the world's largest public company has changed over the last couple of decades, from ICBC to JPMorgan Chase to Apple, the most valuable private American company has enjoyed its status largely unchallenged. Cargill is the most valuable private company in the world.
This quartet has jointly dominated grain trading for more than a century. If Cargill was a publicly listed company, it would be among the largest in corporate America. Based on the price-to-earnings multiples of its publicly listed rivals, Cargill could be valued at about $50 billion to $75 billion, if not more.
- Archer Daniels Midland Co Headquarters. 40,213. $93.9B.
- JBS SA Headquarters. Brazil. 270,000. $72.9B.
- Bunge Global SA Headquarters. 23,000. $59.5B.
- Tyson Foods Inc Headquarters. 139,000. $52.9B.
The most commonly-observed ancestry found in people with the surname Cargill is British & Irish, which comprises 58.0% of all ancestry found in people with the surname.
Key Takeaways. 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.
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.
decillionaire (plural decillionaires) Somebody whose wealth is greater than one decillion units of the local currency.
Swift's inclusion comes after Forbes declared the singer a billionaire in October 2023 and reported her net worth at $1.1 billion. In a rare feat, Swift is the first musician to reach the milestone solely from songwriting and performing.
No individual has claimed the status of trillionaire just yet. But a net worth equal to at least one trillion in U.S. dollars or a similarly valued currency isn't unattainable, but it will be a couple of years yet. Only 18 countries have a GDP that exceeds that amount.
By the time of his death in 1937, Rockefeller had given away roughly $11 billion in current dollars, and left the rest to his heirs. More than 200 of them, who carry on the tradition of giving through the $5.3 billion (net assets) Rockefeller Foundation, share an estimated $10.3 billion fortune today.
Who has lost the most money in history?
Old money is a cultural phrase referring to wealth that's been inherited or passed down over generations. The bulk of the money is inherited vs. earned. Think of famously enduring wealthy families with last names like Rockefeller, Walton, or Hilton.
The Walton Family is the richest family in the world. It owes its wealth to the Walmart company started by brothers Sam & Bud Walton in Northwest Arkansas more than six decades ago.
Rank | Country | Name |
---|---|---|
1 | 🇹🇭 Thailand | King Maha Vajiralongkorn |
2 | 🇧🇳 Brunei | Sultan Hassanal Bolkiah |
3 | 🇸🇦 Saudi Arabia | King Salman Abdulaziz bin Saud |
4 | 🇦🇪 Abu Dhabi | Emir Khalifa bin Zayed Al Nahyan |
"W.W. Cargill founded the business on the Iowa frontier at the end of the Civil War, and his descendants still own 88% of the agricultural conglomerate 150 years later,"Forbes reports. Heirs to the family fortune include James Cargill II, Austen Cargill II, and Marianne Liebmann.