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UNITED STATES•food-beverage•Cargill

Austen Cargill II

Net Worth
$5.576B
0% (24h)
Austen Cargill II, born in 1951, is a billionaire heir and rancher, and a retired executive of Cargill, the world's largest privately held company by revenue. As the great-grandson of Cargill's founder, William Wallace Cargill, he holds a substantial ownership stake in the family-controlled agribusiness and food production giant. His career at Cargill included roles as a marine biologist and later as a board member, serving as vice president until his retirement in 2001. With a net worth of $5.4 billion, Austen Cargill II continues to be a key figure among the Cargill family and is a significant shareholder in the company.

The Full Dossier

Early Life and Education

Austen Stowell Cargill II was born in 1951 to James R. Cargill and Mary Janet Cargill. He is the great-grandson of William Wallace Cargill, who founded Cargill in 1865. He earned his Bachelor of Science and Master of Science degrees from the University of Minnesota. His pursuit of higher education led him to Oregon State University, where he earned a Ph.D. in marine biology.

Rise to Success

Austen Cargill II joined Cargill Inc. after completing his Ph.D. from Oregon State University, starting as a marine biologist. He later served on the board of directors from 1995 until his retirement in 2001. His tenure aligned with Cargill's revenue exceeding $50 billion for the first time in fiscal year 1995.

Key Business Strategies

During his time at Cargill, Austen Cargill II contributed to the strategic direction of the company, which included global expansion and diversification. His role as vice president and board member coincided with Cargill's growth in the agricultural and food sectors. The company is known for reinvesting a significant portion of its earnings back into the business, which has allowed for long-term strategic investments.

Philanthropy

While specific philanthropy amounts are not readily available in public records, it is known that Cargill, the parent company, has invested more than $110 million in communities, partnering locally and globally to advance food security, climate resilience, and economic opportunity.

Career Timeline

2001

Vice President

Retired from his role as vice president of Cargill Incorporated.

1995

Board Member

Joined Cargill's board of directors.

Philanthropic Impact

Food Security, Climate Resilience, Economic Opportunity$110M+

Cargill Community Investments

Cargill invests in communities to advance food security, climate resilience, and economic opportunity.

Wealth Trajectory