Skip to main content

Minnesota still has 6 billionaires, Forbes says, with Glen Taylor's wealth growing

Forbes has released its latest list of world billionaires.

An absurd amount of wealth in Minnesota resides in the accounts of six people who feature in Forbes' annual list of "The World's Billionaires."

The number and the identities of the billionaires in the state are unchanged from last year, though there's been a slight switching of the order thanks to the rising fortune of Timberwolves owner Glen Taylor.

The printing magnate, who counts the Star Tribune among his properties, is now worth $2.6 billion, making him the second richest person in Minnesota.

He's jumped ahead of broadcaster Stanley Hubbard, whose wealth has dropped from $2.3 billion to $2.2 billion, according to Forbes.

But he still trails Minnesota's richest Whitney MacMillan, the last member of the Cargill-MacMillan family to serve as CEO of Cargill – America's largest private company.

The 88 year old's wealth has grown to $6 billion over the past year, up from $5.6 billion last year.

Despite this, he fell from 275th to the 289th in the richest person in the world rankings – we're sure he'll cope somehow.

Starkey Hearing CEO William F. Austin is the state's 4th richest with $1.6 billion, while two other Minnesota-based MacMillan family members, Martha and John, are the joint 5th richest in the state.

They own smaller stakes in Cargill and are worth $1.2 billion.

Topping the list is Amazon creator Jeff Bezos, who is now worth the small matter of $112 billion. He replaces Bill Gates at the top, with Warren Buffet third.

Next Up

police lights

St. Cloud mother arrested after 3-month-old baby found dead

Officers discovered the baby during a welfare check Sunday.

Merwin Liquors Mounds View

Police shoot, kill man inside Mounds View liquor store

It follows an alleged armed carjacking outside a nearby Aldi.

Dalvin Cook

Report: Dalvin Cook has dislocated shoulder, will undergo MRI

The Vikings running back was carted off the field in Sunday's loss to the 49ers.

Kirk Cousins

Watch: Kirk Cousins lines up under guard on critical 4th down play

Kirk Cousins went "Full Kirk" at the worst possible time.

Dalvin Cook

Dalvin Cook injured, Vikings drop crucial game against 49ers

The Vikings couldn't stop the Niners' rushing attack in a 34-26 loss.

Flickr - police lights squad siren - Edward Kimmel

Man airlifted to a hospital after police shooting in Forest Lake

Police allege that the man presented a threat to officers.

Minnesota Wild

Wild's two third-period goals take down the Lightning

Ryan Hartman's go-ahead goal defeated the two-time defending champions.

Byron Buxton

Reports: Twins reach extension with Byron Buxton

The long-term deal locks in one of the Twins' franchise players.

Justin Jefferson

Vikings-49ers: 5 things you can count on

Sunday's matchup is a pivotal game in the NFC playoff picture.

Gopher Football

Watch: Gophers troll Badgers with 'Jump Around' after Saturday's win

First they took Paul Bunyan's Axe. Then they took their tradition.


Forbes' annual list reveals Minnesota's billionaires

In Minnesota, six people make the billionaires list – that's roughly 0.00001 percent of the state's population of 5.5 million.

money, cash, $100

Forbes reveals the richest person in Minnesota

Forbes unveiled the richest person in every state, but we're not quite sure about it.

Screen Shot 2019-03-05 at 11.04.21 AM

How Minnesotans rank in the Forbes 2019 Billionaire List

We know you'll be anxious to hear they're doing well.

Glen Taylor

Glen Taylor exploring sale of the Timberwolves

The billionaire has owned the Wolves since 1994.

Glen Taylor

Kevin McHale among group suing Timberwolves owner Glen Taylor

It relates to his involvement as an owner of a medical device company.