How Minnesotans rank in the Forbes 2019 Billionaire List

We know you'll be anxious to hear they're doing well.
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William Austin, of Starkey Hearing Technologies.

William Austin, of Starkey Hearing Technologies.

Six Minnesotans feature on Forbes' Billionaires 2019 list, with Whitney MacMillan once again the state's richest.

There were mixed fortunes for Minnesota's wealthiest last year, with some seeing their net worth rise, others seeing them fall.

In any case, you'll be glad to know they're all still ridiculously rich.

MacMillan, the 89 year old former CEO of Cargill who is based in the Twin Cities, is the highest ranked Minnesotan at 311th overall, though his $5.6 billion net worth is down on the $6 billion he was worth in the 2018 list.

He's ahead of Minnesota's second-richest billionaire, Glen Taylor, the Timberwolves, Lynx and Star Tribune owner who is 804th with a $2.2 billion fortune.

Meanwhile, TV and radio mogul Stanley Hubbard is now tied 4th in Minnesota at $1.9 billion after his net worth dropped to $300 million compared to last year.

Taking his place as the third-richest Minnesotan is Starkey Hearing Technologies' Bill Austin.

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Here are the 6 Minnesotans that feature in the 2019 Forbes list:

  • 311th: Whitney MacMillan – $5.6 billion (last year $6 billion)
  • 804th: Glen Taylor – $2.8 billion (last year $2.6 billion)
  • 916th: Bill Austin – $2.5 billion (last year $1.6 billion)
  • 1,227th: Stanley Hubbard – $1.9 billion (last year $2.2 billion)
  • 1,227th: John MacMillan (Cargill heir), Martha MacMillan (Cargill heir) – both $1.9 billion (last year – $1.3 billion).

Other notable names on the list include Wisconsin's John Menard Jr., founder and owner of Menard's, who is 133rd with an estimated net worth of $10.5 billion.

Best Buy founder Richard Schulze, who was born and raised in St. Paul but now calls Florida his home, is 568th with a net worth of $3.7 billion.

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Same six Minnesotans among Forbes' 2011 Billionaires List

The six familiar Minnesota names who made the list in 2010 remained on the list last year. More than 1,200 billionaires from around the world made the 2011 list. The heirs of Cargill, Inc. and Carlson have the highest rankings among the Minnesotans.