These 14 Billionaires Belong The Same Family
Deep Dive On a Powerful Family with The Most Billionaires Alive.
Hey Folks.
Let’s do something different today. Let’s do a deep dive into a powerful family that owns most of the things you consume. No, it’s not the Rothschild or the Rockefellers.
I am talking about the family that owns the largest private corporation in the U.S.
They are purposely staying super secret for a reason. As they say, new money is loud, and old money is silent.
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Here is a rare and chilling statement made by a family member:
“We’re the flour in your bread, the salt in your fries, and the chocolate in your dessert.
We’re the pork or chicken you eat for dinner, the cotton in your clothing, and the fertilizer in your field.
We’re Cargill, the 2nd largest corporation in the world.”
How was the company founded?
Cargill was founded in 1865 by William Cargill when he bought a grain flat house in Iowa.
A year later William was joined by his brother Sam Foreman Cargill and brother together they built grain flat houses and opened a lumberyard.
They strategically located the plant on the Mississippi River. Making shipping the grains very easy.
In 1898 John H. MacMillan started working with William Cargill as his manager and later married William’s older daughter. This is a pivotal moment.
First Sam Cargill died leaving William Cargill the sole owner of Cargill.
Then William died and John Macmillan took the reign. Hence start the aggressive worldwide expansion.
The Expansion
🌎 Under John Macmillan's leadership, Cargill expanded globally by opening offices in Canada, Europe, and Latin America in the 1930s.
Macmillan was a ruthless businessman. The kind that wouldn’t stop at anything for the mission
The aggressive management style of the Macmillan family led to a few feuds but massive worldwide expansion.
Today, Cargill operates in 59 countries with over 97,000 employees, making it a truly global company with a massive impact on the world economy.
They made around $165 Billion last year and own the record of the family with the most billionaires alive. They have 14 active Billionaires in their family. Wild!
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Hope that leaves you inspired. You too can build a company that’ll last hundreds of years. Go for it!
See you next week!