BillionaireNet
MacMillan
John MacMillan
Rank #2508
UNITED STATESfood-beverageCargill

John MacMillan

Net Worth
$1.452B
0% (24h)
John MacMillan, at 76 years old, is a US citizen and a descendant of the Cargill family. He is ranked #2356 on Forbes' 2025 Billionaires list, with a net worth of $1.5 Billion, primarily sourced from his stake in Cargill. MacMillan's career has been intertwined with Cargill, the largest privately held company in the United States, which operates in the food and beverage industry. His family's control of Cargill has positioned him as a prominent figure in the agribusiness sector, contributing to his substantial wealth. He is married with nine children. John is also known for his contributions to philanthropy, through the family owned foundation.

The Full Dossier

Early Life

John MacMillan was born on February 28, 1928, in Minneapolis, Minnesota, the son of John H. MacMillan Jr. and Marion Dickson. He grew up in Wayzata, Minnesota, and was educated at the Blake School, Berkshire School, West High School, and the University of Minnesota.

Rise to Success

In 1955, MacMillan began his career at Cargill, a company founded by his great-grandfather. He held various positions within the company, gaining experience in Great Falls, Montana, Baton Rouge, Louisiana, and Minneapolis. The family-owned business has been the foundation of his wealth. He is a descendant of William W. Cargill, who started with one grain elevator in post-Civil War Iowa. He took over for his father as president of Cargill in 1936 and grew the family-owned business significantly. During his tenure, sales topped $1 billion for the first time.

Key Business Strategies

Cargill, under the leadership of MacMillan and his family, has focused on its core business of agricultural commodities, food processing, and trading. The company's growth has been driven by strategic acquisitions, international expansion, and a focus on innovation in food and agriculture. The family owns about 90% of the company, which allows for long-term strategic decisions.

Philanthropy

John MacMillan and his family are involved in various philanthropic endeavors. While specific details on his personal contributions are unavailable, the MacMillan family is known for its charitable giving and support of various causes.

Career Timeline

1936

President of Cargill

Took over for his father as president of Cargill and grew the family-owned business significantly.

1955

Began Career at Cargill

Started working for Cargill, a company founded by his great grandfather.

Wealth Trajectory