⬅ # 399 Jung-jin Seo|# 401 John Brown ➡

# 400 Pauline MacMillan Keinath 

$7.73B

Real Time Net Worth
as of 9/27/2024

# 400 Pauline MacMillan Keinath 

$7.73B

Real Time Net Worth
as of 9/27/2024
OccupationHeiress
Source of WealthCargill
Age90
ResidenceSt. Louis, Missouri
Marital StatusMarried
Children4
Age-Adjusted Net Worth$1.01B
Pauline MacMillan Keinath
Pauline MacMillan Keinath
United States
Net worth: $7.73B

Self-Made Score 

Breitling Superocean Heritage II Chronograph Automatic Blue Dial Men's Watch

Wealth History

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Biography

Overview

Pauline MacMillan Keinath is a billionaire and believed to be the largest shareholder of Cargill, the world's largest food company, with an estimated 13% stake.
Her late brother, Whitney MacMillan, was the final family member to serve as CEO of Cargill, retiring in 1995.
She is a descendant of W.W. Cargill, who founded the company in 1865 with a single grain warehouse in Iowa.
She is one of the seven remaining billionaires associated with Cargill, Inc., a company that has grown from its origins as a grain storage business to become the largest privately held company in the United States.
The Cargill/MacMillan family, to which Pauline belongs, remains one of the wealthiest families globally, still owning roughly 90% of Cargill, which generated $177 billion in sales across various divisions in 2023.

Cargill Company Overview

Cargill, Incorporated, founded in 1865, is an American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware.
It is the largest privately held company in the United States in terms of revenue, with reported gross revenues of $165 billion in 2022.
Cargill's major businesses include trading, purchasing, and distributing grain and other agricultural commodities, as well as trading in energy, steel, and transport.
The company is also involved in raising livestock, producing feed, and manufacturing food ingredients such as starch, glucose syrup, vegetable oils, and fats for various applications.
Cargill's financial services arm manages financial risks in commodity markets, and it previously split off a portion of its financial operations into Black River Asset Management.
Cargill also has significant investments, including its previous ownership of two-thirds of the shares of The Mosaic Company, one of the world's leading producers of concentrated phosphate and potash crop nutrients.

Cargill's Global Presence

Employing over 160,000 employees in 66 countries, Cargill is responsible for 25% of all United States grain exports and supplies about 22% of the US domestic meat market.
The company imports more products from Argentina than any other company and is the largest poultry producer in Thailand.
Cargill is the only US producer of Alberger process salt, which is used in the fast-food and prepared food industries.

Family Ownership and Leadership

Cargill remains a family-owned business, with descendants of the founder from the Cargill and MacMillan families owning over 90% of it.
In January 2023, Brian Sikes was appointed as president and CEO, becoming the 10th CEO in Cargill's 158-year history.

Pauline MacMillan Keinath's Wealth is Equivalent to:

5,949,192 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,462,252 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

78,982 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Pauline MacMillan Keinath?

If you started with $10,000 and invested an additional $500 each month at a 43.91% CAGR, it would take you 5 years to reach Pauline MacMillan Keinath's net worth of $7.73B.

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 59.13% compared to 21.51% for the S&P 500 benchmark.

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

Pauline MacMillan Keinath 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 Pauline MacMillan Keinath, 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.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey