Skip to main content

5 Minnesotans are on Forbes' billionaires list – see how rich they are in 2015


The usual suspects from Minnesota have made it onto the latest of Forbes' list of world billionaires – but most of them aren't worth as much as they were a year ago.

This year's list, topped for the 16th time by Microsoft owner Bill Gates, features five names from Minnesota, with Cargill part-owner Whitney MacMillan once again the richest billionaire from the North Star State.

He ranked 341st on the list with an estimated net worth of $4.7 billion as of March 3, but this is slightly down on the $4.8 billion he was worth this time last year, when he ranked 305th in the world.

It was the same case for radio and television magnate Stanley Hubbard and Carlson Inc. sisters Barbara Carlson Gage and Marilyn Carlson Nelson, who according to Forbes saw their net worth drop over the past year.

The only Minnesotan to see their worth rise is self-made billionaire and Timberwolves owner Glen Taylor.

Where the richest Minnesotans ranked

  • No. 341: Whitney MacMillan – Part-owner of agribusiness and food giant Cargill Inc. Net worth $4.7 billion (2014: $4.8 billion.)
  • No. 782: Glen Taylor – Owner of Taylor Corp, the Minnesota Timberwolves and the Star Tribune. Net worth $2.4 billion (2014: $1.8 billion.)
  • No. 949: Stanley Hubbard – Owner of Hubbard Broadcasting. Net worth $2 billion (2014: $2.3 billion.)
  • No. 1638 (joint): Barbara Carlson Gage and Marilyn Carlson Nelson – Shared owners of hotel and travel company Carlson Inc. Net worth $1.1 billion each (2014: $4.4 billion.)

Several other members of the Cargill family have made it onto the list, but they are not included among the Minnesotans as they live elsewhere in the United States.

Other notable entries in the list include Florida's Richard Schulze, the chairman of Minneapolis-based Best Buy, who has a net worth of $2.9 billion – enough for 629th on the list.

Ranking as the 142nd richest person alive is John Menard Jr. the Eau Claire, Wisconsin, based owner of Menards who is worth a massive $9.2 billion.

Next Up

Karl-Anthony Towns

X-rays negative after Karl-Anthony Towns takes scary fall

Towns crashed hard to the ground late in the game Wednesday night.

Minneapolis police

2 more homicides push Minneapolis closer to record set in 1995

The deadly shootings happened on the city's North Side Wednesday night.

Karl-Anthony Towns

KAT sets a franchise record, leaves early in loss to Wizards

Towns fell on his back in the final minutes of a loss in Washington.

Flickr - police lights squad siren - Edward Kimmel

Man shot by police in Forest Lake dies from injuries

It was one of two police shootings in the Twin Cities on the same day, both of which proved fatal.

Dylan Bundy

Report: Twins agree to deal with Dylan Bundy

The Twins signed the right-hander with a lockout imminent.

Flickr - face masks covid pole - Ivan Radic

'Everyone should really be masking up' in public, Malcolm says

The health commissioner said residents have gotten "a little bit lax" with some protective measures.

Byron Buxton

Byron Buxton believes he's the best player in baseball

"Nobody [does] the things that I do. I know that."

unsplash medical marijuana

Edibles coming to Minnesota's medical marijuana program

MDH also announced it will not add anxiety as qualifying condition.

plow, snowplow, snow

Plowable snow possible this weekend in Minnesota

Up to half a foot of snow could fall within the heaviest band.

Best Buy - jjbers, Flickr

Police reveal new details about 'coordinated' Best Buy thefts

A large group stole thousands of dollars in merchandise from three Twin Cities Best Buy stores.

Seven Points exterior - 2

New tenant revealed for former Libertine spot in Uptown

The space will combine playful art offerings with a restaurant.


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.

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.