Portrait of Austen Cargill II

Rank #759

Austen Cargill II

Net worth $5.5B

Cargill · United States

Born
Mar 09, 1951
Age
75
Source
Cargill
Residence
Livingston, Montana
Citizenship
United States
Marital status
Divorced
Children
2
Education
Doctorate, Oregon State University; Bachelor of Arts/Science, University of Minnesota; Master of Science, University of Minnesota

Net worth over time

Biography

  • Austen Cargill II is one of 21 billionaire heirs to Cargill, the family business where he served as a vice president until retiring in 2001.
  • His great-grandfather, W.W. Cargill, founded the business as a single grain warehouse on the end of an Iowa railroad line in 1865.
  • The family still owns roughly 90% of Cargill, which did $154 billion in 2025 sales across food, agriculture, financial and industrial divisions.
  • Before becoming a Cargill executive, Austen earned a Ph.D. and worked as a marine biologist for the company.