Whitney MacMillan

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Whitney MacMillan
Cargill MacMillan Sr.
RelativesWilliam Wallace Cargill (great-grandfather)
Cargill MacMillan Jr. (brother)
Pauline MacMillan Keinath (sister)

Whitney MacMillan (September 25, 1929 – March 11, 2020) was an American billionaire heir and businessman.[1][2][3][4][5] He was the chairman and chief executive officer (CEO) of his family business, Cargill, from 1976 to 1995.[6][1][2][3][4]

Early life

Whitney MacMillan was born on September 25, 1929.

Cargill MacMillan Sr., and the great-grandson of William Wallace Cargill, the founder of Cargill.[6][1] He has one brother, Cargill MacMillan Jr. (1927–2011), and one sister, Pauline MacMillan Keinath.[1][7] He graduated from Yale University.[6][2][3][5]

Business

He was CEO of Cargill from 1976 to 1995,[3][5] and the last family member to be CEO.[3] During his tenure, Cargill's annual turnover went from $10 to $33 billion over ten years.[2] By the 1980s, it became the world's largest grain company, outstripping its European rivals.[2]

He was a director of the Western NIS Enterprise Fund.[3][4] He owned and ran a cow and calf ranch in Park, Sweet Grass, and Fergus counties in Montana.[4][5]

Philanthropy

He served on the board of directors of the

Care International, Mayo Clinic and the Council on Foreign Relations.[4][5]

Montana State University-Bozeman.[5] He was an executive fellow and teacher at the University of St. Thomas Graduate School of Business in Minnesota.[5]

Together with the Montana Historical Society, he was restoring the ghost town of Judith Landing, Montana at the confluence of Judith River and Missouri River.[5]

Personal life

He was married to Betty MacMillan. He lived in

Minneapolis, Minnesota.[6][3] As of August 2014, he was worth an estimated US$4.8 billion.[12]

He died on March 11, 2020, in Vero Beach, Florida, at the age of 90.[13]

References

  1. ^ a b c d Brian Solomon, The Secretive Cargill Billionaires And Their Family Tree, Forbes, 9/22/2011
  2. ^ a b c d e f "Harvard Business School profile".
  3. ^ a b c d e f g Forbes 2008: Whitney MacMillan
  4. ^ a b c d e f "Whitney MacMillan | EastWest Institute". www.eastwest.ngo.
  5. ^ a b c d e f g h Brenda McDonald, Businessman Whitney MacMillan to receive honorary doctorate from MSU-Bozeman, Montana State University, March 26, 2002
  6. ^ a b c d "Forbes profile: Whitney MacMillan". Forbes. Retrieved 8 January 2020.
  7. ^ Mike Hughlett, Obituary: Cargill MacMillan, 84, company heir, The Star Tribune, November 15, 2011
  8. ^ Laurie Bennett, Billionaires Welcome on Think Tank Boards, Forbes, 2/05/2012
  9. ^ "Board & Council". January 1, 1970.
  10. ^ "Museum of the Rockies National Advisory Board".
  11. ^ "About". The MacMillan Center. 30 May 2013.
  12. ^ Tucker, Neely (August 1, 2014). "Who's rich around here?" – via www.washingtonpost.com.
  13. ^ "Whitney MacMillan, former leader of Cargill and descendant of its founder, dies at 90". Star Tribune.