⬅ # 705 Austen Cargill II|# 707 Zhu Baoguo

# 706 Marianne Liebmann 

$4.70B

Real Time Net Worth
as of 5/18/2024

# 706 Marianne Liebmann 

$4.70B

Real Time Net Worth
as of 5/18/2024
OccupationPartial Owner, Cargill
Source of WealthCargill
Age70
ResidenceBozeman, Montana
Marital StatusMarried
Children2
EducationBS, Montana State University
Age-Adjusted Net Worth$2.39B
Marianne Liebmann
Marianne Liebmann
United States
Net worth: $4.70B

Self-Made Score 

Biography

Early and Personal Life

Marianne Cargill Liebmann was born in 1953.
She is the great-granddaughter of William Wallace Cargill, the founder of Cargill.
Marianne has two brothers: Austen S. Cargill II and James R. Cargill II.
She graduated from Montana State University.
She resides in Bozeman, Montana, and is married with two children.

Family and Inheritance

Marianne is one of 12 billionaire heirs to Cargill, America's largest private company.
Her great-grandfather, W.W. Cargill, founded the business in 1865 as a single grain warehouse in Iowa.
The Cargill-MacMillan family owns roughly 90% of Cargill.
The family collects an estimated 18% of net profits as dividends annually.

Cargill Overview

Cargill, Incorporated, is a global food corporation headquartered in Minnetonka, Minnesota.
Founded in 1865, it's the largest privately held company in the US by revenue.
Cargill's major businesses include trading, purchasing, and distributing grain and other agricultural commodities.
It also engages in energy, steel, and transport trading, as well as livestock raising and feed production.
Cargill produces food ingredients like starch, glucose syrup, and vegetable oils for industrial use.
The company reported gross revenues of $165 billion in 2022.

How long would it take you to become as rich as Marianne Liebmann?

If you started with $10,000 and invested an additional $500 each month at a 44.10% CAGR, it would take you 5 years to reach Marianne Liebmann's net worth of $4.70B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 42.76% compared to 11.89% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Marianne Liebmann is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Marianne Liebmann, Cargill is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey