Whitney Macmillan Net Worth is$3.3 Billion
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Profession: Businessperson
Date of Birth: 1929
Country: United States of America
Net Worth: View Whitney MacMillan Net Worth
Whitney MacMillan net worth: Whitney MacMillan is an American businessman with a net worth of $3.3 billion. That net worth makes Whitney MacMillan the richest person in Minnesota. His substantial net worth should come as no surprise when you consider his background: He is a major heir to the famous Cargill fortune and is the last member of the family to serve as chief executive of the company. He held this position from the year 1976 on into 1995, when he stepped down in a concession to his advanced age. Born in 1929, he was 66 years old when he stepped down, leaving him plenty of time to enjoy his retirement. That enjoyment is made easier by the fact that as of only a few years ago his stake in the highly successful corporation was $3.3 billion! All that wealth wasn’t for nothing, though – during his time as Chief Executive Officer of the company, it grew from a $10 billion corporation to corporation worth upwards of $33 billion. He achieved this through diversifying the holdings and investments of the company, and through his vision Cargill ascended to the very top of the grain industry, and became the largest privately held corporation in the entire world. Needless to say, this also put Cargill ahead of its European competitors in the field of grain.
Whitney MacMillan born 25 September 1929 in Hennepin County, Minnesota is a major heir to the Cargill fortune and is the last family member to serve as chief executive, running the private corporation from 1976 through 1995. Whitney MacMillan is a descendant of Cargill founder William Cargill's son-in-law, John MacMillan, who took the reins himself in 1909. The Cargill and MacMillan families own 88% of the company; in 2008 his share was $7.0 billion.
MacMillan attended Yale University. During his 10 years as CEO, he saw the business grow from $10 billion to $33 billion via diversification. He eventually led Cargill to the top of the grain industry, beating out all of its European rivals and becoming the largest privately held company in the world.

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Whitney Macmillan Latest News

There's Only One American Billionaire Who Lost A Lot Of Money This Year

Ray Dolby lost $1.2 billion after Dolby shares tanked. Cargill MacMillan, Marion MacMillan Pictet, Whitney MacMillan and Pauline MacMillan Keinath each lost $1.2 billion due to declining valuation for the private Cargill empire. And then there was Warren ...
Posted: September 21, 2011, 2:11 pm

MacMillans coast to top spot as richest Minnesotans

Cargill heirs Whitney MacMillan and Cargill MacMillan Jr. are not only the richest Minnesotans, they're lapping the rest of the field. Forbes magazine released its list of the 400 richest Americans this week, and the brothers came in at No. 42, with a net ...
Posted: September 18, 2008, 1:57 pm

Cargill Cancels Wheat Plan

However, Cargill's chairman, Whitney MacMillan, on Tuesday defended the original proposal. Mr. MacMillan said Cargill had withdrawn the vessel scheduled to load 25,000 metric tons of Argentine wheat this week for shipment to the United States. A metric ton ...
Posted: January 9, 1985, 4:00 pm
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