Billionaire Profile
Austen Cargill II
Global Rank
#864

Image: Public domain | via Wikimedia Commons

Austen Cargill II

CEO, Cargill
US
Real-Time Net Worth
$4.6B
As of December 2025
Age
74
Source
Cargill
Industry
food-beverage
Citizenship
US

Biography

Austen Cargill II, born in 1951, is a prominent figure in the food and beverage industry and a descendant of William Wallace Cargill, the founder of Cargill. With an estimated net worth of $4.6 billion as of late 2024, he ranks among the wealthiest individuals in the United States. His wealth stems from his position as one of the 12 billionaire heirs to Cargill, the largest privately held company in the U.S. He served as a vice president at Cargill until his retirement in 2001. Cargill's career also includes contributions to aquatic biology research. He has a deep-rooted connection to the agricultural sector through his family's legacy and is recognized for his diverse career achievements.

Wealth Over Time

In-Depth Profile

Early Life

Austen Stowell Cargill II was born in 1951, as the great-grandson of William Wallace Cargill, the founder of Cargill. Growing up, he was immersed in the family's deep-seated involvement in the agricultural industry. He earned bachelor's and master's degrees from the University of Minnesota, followed by a doctorate from Oregon State University. His educational background provided a strong foundation for his diverse career.

Rise to Success

Cargill began his professional journey as a marine biologist at Cargill. His career advanced, and he became a board member in 1995, later serving as a vice president until his retirement in 2001. This period was crucial in shaping his understanding of the family business and his role within it. He also served on the board of GalaGen, a company that sold dietary supplements for gastrointestinal diseases, from 1999 to 2002.

Key Business Strategies

While specific business strategies aren't widely publicized due to Cargill's private status, his involvement in various roles within the company suggests a focus on strategic leadership and understanding different facets of the agricultural business. His position on the board and as vice president indicates a contribution to the company's strategic direction and growth. The family's ownership of roughly 90% of Cargill reflects a long-term commitment to the company's success.

Philanthropy

Information about Austen Cargill II's specific philanthropic contributions is limited in the search results. However, as a member of the Cargill family, known for its philanthropic endeavors, it's probable he supports various charitable causes. His current net worth is a testament to the continued success and private ownership of Cargill, which remains a significant force in the industry.

Career Milestones

1995

Board Member

Joined Cargill's board of directors.

2001

Vice President

Served as Vice President of Cargill until his retirement.

1999-2002

Board Member of GalaGen

Served as a board member of GalaGen, a NASDAQ-traded company focused on dietary supplements.