7.The Cargill MacMillan Family
It was all started by W.W. Cargill in 1865 when he established a small company of grain storage. The company was named Cargill, Inc. It is the one of the biggest private companies of America. The net worth of the family was estimated to be $45 million.
The company is mainly into purchasing, distributing and trading grains and other commodities like palm oil, transport and steel, feed production and produce ingredients like starch, Glucose syrup, fats and vegetable oil for industrial used and for processed food. The eggs used in McDonald’s all over the US are provided by Cargill’s. It is still a family owned company, with 90% of the stakes owned by the family member. The descendants are from the McMillan and Cargill families. The company was taken over by John MacMillan, Cargill’s son-in-law in 1909. The last CEO from the family was Whitney MacMillan, who left the position in 1995. Presently, there are only 6 members of the family as a part of the board.
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