Soaring food prices push more Cargill family members on to world’s richest 500 list
A “giant leap” in global food prices caused by Russia’s invasion of Ukraine has helped three members of the super-rich Cargill family, who majority-own one of the world’s largest food companies, join the ranks of the world’s 500 richest people.
Siblings James Cargill, Austen Cargill and Marianne Liebmann – all great-grandchildren of William Wallace Cargill, who founded the Cargill company in 1865 – this week joined the Bloomberg Billionaires list of the richest 500 people alive. Each of them has an estimated $5.4bn (£4.1bn) fortune – up a fifth so far this year.
They join Cargill’s other great-grandchildren Pauline Keinath and Gwendolyn Sontheim Meyer on the richest 500 list. They each have fortunes of about $8.06bn.
Their fortunes track those of the giant Cargill food company, which employs more than 155,000 staff in 70 countries and is expected to report record profits this year, outstripping 2021’s record-breaking $5bn profit.
