The family that controls EVERYTHING you eat.
They make $177 BILLION a year off you.
But they’re ghosts.
So who are they and why won’t they take their company public?
This is the untold story of the secretive Cargill family, the 4th richest family in the US: x.com
They make $177 BILLION a year off you.
But they’re ghosts.
So who are they and why won’t they take their company public?
This is the untold story of the secretive Cargill family, the 4th richest family in the US: x.com
There isn’t much of your food that DOESN’T run through the hands of the Cargills.
This ONE family controls 25% of U.S. grain and 22% of all U.S. meat.
And they practically OWN the world’s chocolate production.
So it’s no wonder they're so profitable. x.com
This ONE family controls 25% of U.S. grain and 22% of all U.S. meat.
And they practically OWN the world’s chocolate production.
So it’s no wonder they're so profitable. x.com
In 2021, Cargill Inc.’s profits surged with a 63% increase.
They reported a record-breaking $4.93 BILLION - the largest in its 157-year history.
But where did it all start? x.com
They reported a record-breaking $4.93 BILLION - the largest in its 157-year history.
But where did it all start? x.com
The Cargill family business started in Iowa in 1865.
A man by the name of William Wallace Cargill purchased a single grain warehouse.
A grain house is pretty common now, but it was a novel concept for its time: x.com
A man by the name of William Wallace Cargill purchased a single grain warehouse.
A grain house is pretty common now, but it was a novel concept for its time: x.com
Farmers used to be forced to sell their grain at market price — even if that meant a loss.
If they waited, their grain rotted.
So the Cargill’s created a way to store grain until farmers could sell at a profit.
Today they’ve grown that single shack to $177BN in yearly revenue x.com
If they waited, their grain rotted.
So the Cargill’s created a way to store grain until farmers could sell at a profit.
Today they’ve grown that single shack to $177BN in yearly revenue x.com
After WWII, Cargill started spreading like wildfire across the globe.
They opened offices in Argentina, started a hybrid seed business, then spread to Europe.
Next it was purchasing grain dealers in Asia.
They EXPLODED – but this story still has a lot of unanswered questions. x.com
They opened offices in Argentina, started a hybrid seed business, then spread to Europe.
Next it was purchasing grain dealers in Asia.
They EXPLODED – but this story still has a lot of unanswered questions. x.com
It’s hard to believe, but this family is EVERYWHERE in the food industry.
In fact, there isn’t a single egg from McDonald's that DOESN’T run through a Cargill plant.
But if you look closely at Cargill Inc. today – the family is nowhere to be found. x.com
In fact, there isn’t a single egg from McDonald's that DOESN’T run through a Cargill plant.
But if you look closely at Cargill Inc. today – the family is nowhere to be found. x.com
They control so much of what we eat…and they’re invisible.
Former CEOs have said “A lot of rich people want you to know they own this and that. Not these people.”
Many of them live on ranches and farms in Montana.
And they haven’t been directly involved in Cargill Inc. x.com
Former CEOs have said “A lot of rich people want you to know they own this and that. Not these people.”
Many of them live on ranches and farms in Montana.
And they haven’t been directly involved in Cargill Inc. x.com
There’s a lot of conspiracy around why this family stays in the shadows.
But as far as we know, they are still keeping a tight grip on remaining a private company.
Which is why Margaret Anne Cargill’s death made such an impact. x.com
But as far as we know, they are still keeping a tight grip on remaining a private company.
Which is why Margaret Anne Cargill’s death made such an impact. x.com
When she died, Margaret left $6 BILLION to charity.
The money came from her shares in the family business – but since the company was private…
It was a struggle for the charity to liquidate the stock and cash in.
And it raised a lot of eyebrows about taking the companypublic x.com
The money came from her shares in the family business – but since the company was private…
It was a struggle for the charity to liquidate the stock and cash in.
And it raised a lot of eyebrows about taking the companypublic x.com
With fifth-generation Cargills on the company board, the young were up against the old.
There was a ton of pressure to take the company public.
But that discussion was butting heads with old values. x.com
There was a ton of pressure to take the company public.
But that discussion was butting heads with old values. x.com
When problems like this arise with younger heirs, it’s often because their values don’t align with those of the business.
Perhaps they don’t care about protecting the company for future generations.
Or, they resent the effect that money had on their upbringing.
Perhaps they don’t care about protecting the company for future generations.
Or, they resent the effect that money had on their upbringing.
Either way, what results is a conflict of interest.
And it comes from a problem of not preparing the next generation to take over.
Luckily, the Cargills were able to dodge this pressure. x.com
And it comes from a problem of not preparing the next generation to take over.
Luckily, the Cargills were able to dodge this pressure. x.com
And the CEO has stated the family has no intention of taking the company public.
But will they be able to resist this pressure in the future?
Only time will tell. x.com
But will they be able to resist this pressure in the future?
Only time will tell. x.com
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