America's wealthiest agriculture family has gotten even richer as the Ukraine war sends food prices
Three heirs of the Cargill-MacMillans, a six-generation dynasty that founded the world's largest agriculture company, have joined Bloomberg's Billionaire Index bringing the total number of family members on the list to five.
The Cargill-MacMillans have consistently ranked among the 25 richest families in America, and are currently listed by Forbes as the nation's fourth-richest family, behind the Waltons, Kochs, and Mars. Together, the family has a combined net worth of $51.6 billion, Bloomberg reported in September.
The recent rise in the secretive family's fortune comes as the Ukraine war sends food prices around the world to record highs, a trend that will hit "the poorest the hardest," the UN said Friday.
But as rampant inflation and instability spark fears of a global food crisis, Big Agriculture companies have so far benefited from the volatility.
https://www.msn.com/en-us/money/companies/americas-wealthiest-agriculture-family-has-gotten-even-richer-as-the-ukraine-war-sends-food-prices-skyrocketing/ar-AAW2EUv