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James Cargill II Net Worth

James Cargill II Net Worth

James Cargill II Net Worth $2.3 Billion

He’s the 190th richest man in the “Forbes 400” list and 641st in the listing of World Billionaires. Produced James Ray Cargill II in Birchwood, Wisconsin, he’s the great grandson of Cargill creator William W. Cargill. His brother is Austin S. Cargill II, a businessman and a rancher, and his sister is Marianne Cargill Liebman. Most of his estimated net worth of $2.3 billion came from Cargill, a privately held multinational corporation founded in 1865 and is based in Minnetonka, Minnesota. Presently, it is the largest privately held corporation in the United States when it comes to sales. Its $134 billion in revenues in the fiscal year of 2012 came from all areas of food production including crops, cattle, commodity trading, and risk management. Together with five other secret billionaire relatives, Mr. Cargill still owns a bulk of the agro-giant firm. Its major companies include trading, buying, and distributing grain and other agricultural commodities including palm oil. Additionally it is trading in energy, steel, and transportation. It is involved with the manufacturing of livestock and feed. Additionally, it produces food ingredients such as starch and glucose syrup, vegetable oils and fats for processed foods and industrial use.

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