W.W. Cargill founded Cargill Inc. Back in 1865 as a small grain storage company. Today the agro-giant is the largest private company in the world, with nearly $120 billion in revenue and 130,000 employees in 63 countries.
The secretive Cargill family still owns 88% of the company, but the wealth has passed down through three and four generations now. Part went to W.W.’s son Austen, whose two children both died in 2006.
Margaret, Austen’s daughter, gave her one-sixth share of the company to charity. James, Austen’s son, passed his wealth on to his three children: James Cargill, Austen Cargill, and Marianne Liebmann each own one-eighteenth of the family share and thus are ongoing members of The Forbes 400.
This family in fact won’t have to worry about the future because of their huge fortune which will help the Cargill family to stay rich forever and ever.