Minnesota has 3 billionaires on Forbes list – last year there were 5 - Bring Me The News

Minnesota has 3 billionaires on Forbes list – last year there were 5

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While most of the usuals have made Forbes World's Billionaires list this year, two Minnesotans who made it last year dropped off the list.

This 2016 list, topped again by Microsoft owner Bill Gates, features three Minnesotans. And once again, Cargill's Whitney MacMillan is the richest billionaire in the state.

MacMillan, who owns an estimated 10 percent stake in Cargill, moved up a few spots on the list, ranking No. 308, with an estimated net worth of $4.7 billion – the same worth as last year when he came in at No. 341.

Several other members of the MacMillan-Cargill family are on the billionaires list as well, but they don't live in Minnesota.

Media mogul Stanley Hubbard, who owns Hubbard Broadcasting, also moved up on the list. He came in at No. 854, with an estimated net worth of $2.1 billion. Last year, he was No. 949, with a net worth of $2 billion.

Glen Taylor, whose estimated net worth is $1.8 billion, fell on the list to No. 1,011. The owner of the Timberwolves, Lynx and Star Tribune ranked No. 782 last year, with a net worth of $2.4 billion.

The Carlson Inc. sisters Barbara Carlson Gage and Marilyn Carlson Nelson, who have made the list for the past few years, dropped off the list this year.

Other notables to make the list include Florida resident Richard Schulze, the chairman of Minneapolis-based Best Buy. His net worth of $2.4 billion is enough for No. 722 on the list.

Eau Claire, Wisconsin's John Menard Jr., the owner of Menards, ranked No. 116 on the list, with a net worth of $9.3 billion.

Facebook's Mark Zuckerberg came in at No. 6, with $44.6 billion. He had the best year of all the billionaires, Forbes says, adding $11.2 billion to his fortune.

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