Early Life
Cargill MacMillan III, born in 1959, is a descendant of William W. Cargill, who established Cargill as a grain storage business in Iowa in 1865. He is part of the fourth generation of the Cargill-MacMillan family, which has been involved in the company for over 140 years. Growing up, he was part of a family deeply rooted in the agricultural and food industry.
Rise to Success
MacMillan's career has been closely tied to Cargill, the largest privately held company in the U.S., spanning over 160 years of history. The family's involvement has been primarily in ownership, as Cargill has grown into a global entity with 160,000 employees in 66 countries. While specific details about Cargill MacMillan III's exact role within the company are not widely available, his significant ownership stake, and presence on the board reflect the family’s influence within the corporation. He has also been a philanthropist in the area of art.
Key Business Strategies
The Cargill-MacMillan family, which holds approximately 88% of Cargill, has focused on reinvesting profits back into the business for long-term growth. Cargill's core strategies include expanding its commodity storage and processing capabilities, as well as advancing sustainability goals. The company has also been involved in acquisitions and partnerships to modernize operations and enhance its product offerings.
Philanthropy
While specific details on his philanthropy amounts are not readily available, the Cargill-MacMillan family is known for supporting various charitable causes. In 2011, he and his wife, Donna, donated a $20 million art collection to the Palm Springs Art Museum. Cargill, Inc. also engages in substantial philanthropic efforts through the Cargill Foundation.