What is Austen Cargill II's Net Worth?
Austen Cargill II, an American business heir, possesses a net worth of $3 billion, establishing him as one of the wealthiest individuals in Montana. Hailing from the affluent Cargill/MacMillan family, he has cemented his status both through inheritance and his academic prowess. Cargill II earned his B.A. and M.S. degrees from the University of Minnesota and pursued a Doctorate from Oregon State University. These academic achievements further solidified his prestigious background.
Family Legacy and Cargill, Inc.
The Cargill family’s wealth traces back to 1865 when William Cargill founded Cargill, Inc. Originally dedicated to grain storage, the company has diversified into all aspects of food production, including animal feed and food transportation. This vast expansion has propelled the Cargill family into becoming one of the richest families globally. Despite the family's immense fortune, the total wealth remains undisclosed due to Cargill, Inc. being a privately-held entity, thus exempting them from public financial disclosures. This secrecy further adds to the mystique surrounding their riches.
Current Life and Residence
Residing in Livingston, Montana, Austen Cargill II lives a life both connected to his extensive heritage and his personal investments. He is a father to two children, ensuring that the legacy and values of the Cargill family extend into future generations.