Five Minnesotans among the country's wealthiest people


Five Minnesotans are among the wealthiest people in the country, according to Forbes magazine's rankings of the 400 richest people in America in 2014.

These same five were also on the list last year.

Whitney MacMillan, heir and part owner of agribusiness giant Cargill, is the wealthiest man in Minnesota, according to Forbes. MacMillan ranked No. 133 on the list with a net worth of $3.8 billion.

According to Forbes, the rich in America keep getting richer, mainly due to the stock market's strong performance of late. The combined net worth of the 400 richest people in the U.S. is $2.3 trillion, up about 15 percent from a total of $2 billion last year.

Microsoft founder Bill Gates is the wealthiest person in America for the 21st year in a row, with a net worth of $81 billion.

Here’s where the five richest Minnesotans rank this year among the country's billionaires, as well as their net worth, according to Forbes.

  • No. 133: Whitney MacMillan — Part owner of Cargill, Inc., Net worth $3.8 billion
  • No. 302: Stanley Hubbard — Chairman and CEO of Hubbard Broadcasting. Net worth $2.1 billion
  • No. 368: Glen Taylor — Owner of Taylor Corp., the Minnesota Timberwolves and Lynx, and the Star Tribune. Net worth $1.7 billion
  • No. 383: Marilyn Carlson Nelson — Part owner of Carlson Inc., hospitality and travel, with sister Barbara. Net worth $1.6 billion
  • No. 383: Barbara Carlson Gage — Part owner of Carlson Inc. with sister Marilyn. Net worth $1.6 billion

Other regional notables:

  • No. 59: John Menard Jr. — President and CEO, Menard’s retail chain. Net worth $7.9 billion. Menard lives in Eau Claire, Wis.
  • No. 235: James Cargill II — Part owner of Cargill. Net worth $2.6 billion. Cargill lives in Birchwood, Wis.
  • No. 242: Richard Schulze — Former chairman of Best Buy. Net worth $2.6 billion. Schulze lives in Florida
  • No. 245: Austen Cargill II -- Part owner of Cargill. Net worth $2.6 billion. Cargill lives in Montana

Cargill was founded in 1865, when W.W. Cargill began operating a grain storage facility. It’s grown to become the largest privately owned company in the world. Its revenues in 2013 totaled nearly $137 billion.

Members of the Cargill family still own 88 percent of the company, according to Forbes. The publication put together a Cargill family tree which shows how ownership of the company has passed down through the generations of the Cargill family.

Next Up

Screen Shot 2021-07-27 at 7.28.06 PM

Slain Red Lake officer identified as husband, father-of-four

Police say he was shot while responding to a report of a suicidal male who possibly had children the house.

Go Fund Me - Adam Richard Johnson

Remains in Mississippi mark 4th discovery of man's dismembered body parts

Officials on Tuesday confirmed the remains found July 4 are those of Adam Johnson.

Facebook - GoGo dog stolen vehicle -  St. Paul Police Department

Missing dog GoGo found dead in owner's stolen vehicle 3 days later

The vehicle was reported stolen with GoGo inside on July 18

Flickr - face masks covid pole - Ivan Radic

The 14 MN counties with 'substantial or high' COVID-19 transmission

The CDC says everyone in these areas should wear a mask in indoor public places.

Pexels - woman grocery shopping mask covi

CDC: Masks recommended in places with 'substantial or high' transmission

This new guidance applies to everyone, regardless of vaccination status.

Screen Shot 2021-07-27 at 1.10.29 PM

WATCH: Vikings Live with Matthew Coller: Welcome to training camp

Vikings Live with Matthew Coller is a new Vikings show that streams Tuesdays.

YouTube - Minnesota DNR - watering tree

Tips for watering trees during severe drought, sprinkler restrictions

How can you keep your valued trees healthy? Just follow these simple steps.

police tape, crime scene

Minnesota saw record number of murders in 2020, BCA says

The BCA released its annual Uniform Crime Report on Tuesday.

Flickr - Red Lake Nation sign - Ken Lund

Red Lake police officer fatally shot on Tuesday

The officer was reportedly shot near Redby.


Child dies, driver critically injured in crash on I-90 in Faribault County

The crash happened at approximately 11:24 p.m. Tuesday.


Five Minnesotans are among the wealthiest in the country

Five Minnesotans made Forbes list of the 400 richest people in America. Barbara Carlson Gage and Marilyn Carlson Nelson topped the Minnesota list with a net worth of $4 billion. Whitney MacMillan, Stanley Hubbard and Glen Taylor also made the list.