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

Car crash

'Grim' milestone: Minnesota's traffic deaths reach 364, tying 2019 total

“With fewer vehicles on the road during the 2020 pandemic, the loss of life on Minnesota roads is beyond disappointing."

Devin Weiland

Charges: Albert Lea man, 21, fired around 90 shots at police, residents

Weiland was arrested after a standoff that lasted more than eight hours.

Body storage warehouse

Body storage warehouse 'ready if needed for COVID-19 fatality management'

The warehouse is currently storing PPE and testing supplies.


Signs come down at Giordano's restaurant in Uptown

It appears the restaurant has closed for good.

State Capitol.

Walz eyes COVID-19 relief package totaling $300-$600 million amid budget surplus

The state forecasted a budget surplus for the remainder of the biennium.

Bar beer

Walz non-committal on extension of restaurant, gym closures

He has suggested that the ban on mixing with people outside your household could continue over Christmas.

scratch lottery ticket

State lottery: Don't give scratch-offs as gifts to minors

The Minnesota Lottery participates in an annual responsible gambling campaign focusing on underage lottery play during the holidays.

Marijuana, cannabis

Minnesota adds 2 more qualifying conditions for medical marijuana

There will be 17 conditions that qualify people to obtain medical marijuana in Minnesota.

Matt Birk

Ex-Viking Matt Birk confirms interest in future run for governor

The next gubernatorial election in Minnesota is Nov. 8, 2022.

Screen Shot 2020-12-01 at 10.59.59 AM

Handsome Hog in St. Paul to close temporarily

Executive chef Justin Sutherland cited inaction by state and federal leaders during the COVID-19 pandemic.


MN radio host resigns after repeatedly body shaming Iowa female host

Aaron Imholte is now broadcasting the show from an online platform.