Forbes 400 list includes six Minnesota tycoons this year

Categories: Notable MN

macmillan.jpg
Whitney MacMillan has more money than you do. A lot more.
When it comes to the really, really rich folks, few can touch the likes the Bill Gates. The Microsoft founder is now worth a mind-boggling $54 billion, according to the latest Forbes 400 list

But here in Minnesota we have some bona fide tycoons on the list, too. It's should be noted, though, that their combined net worth of roughly $13.45 billion is still just a fraction of Medina, Washington's most famous resident.

No. 79: Whitney MacMillan, 81, Cargill
Net worth: $3.8 billion, thanks to the 88 percent stake his family owns in Cargill, the largest privately-held company in the world that now controls 25 percent of all U.S. grain exports. Whitney stepped down as CEO in 1995.

No. 144: Richard Schulze, 69, Best Buy
Net worth: $2.5 billion, after building up his little stereo shop and taking it public in 1985. Schulze learned the electronics biz while serving in the Minnesota Air National Guard. He stepped down as Best Buy CEO in 2002, but still has a seat on the board.

No. 164 Glen Taylor, 69, Taylor Corp.
Net worth: $2.2 billion. Taylor owns 98 percent of Taylor Corp., which he built into a commercial printing, packaging and marketing powerhouse. He also owns that muddling NBA franchise that plays in the Target Center.

No. 236: Stanley Hubbard, 77, DirecTV
Net worth: $1.75 billion, in large part from the sale of his United States Satellite Broadcasting business to DirecTV in 1998. He's part of the Hubbard Broadcasting empire, which includes KSTP-TV and KSTP-AM.

No. 252: Barbara Carlson Gage, 68, Carlson Cos.
Net worth: $1.6 billion, through joint ownership of Carlson Cos., with her sister Marilyn. Carlson is a major player in the travel and hospitality biz. Brands include Radisson Hotels, TGI Friday's and Regent Seven Seas Cruises. Barbara is president of the family's foundation.

No. 252: Marilyn Carlson Nelson, 71, Carlson Cos.
Net worth: $1.6 billion. Marilyn, Barbara's sister, was Carlson's CEO until 2008 and a globetrotting member of various corporate boards. She's on a first-name basis with many international leaders. And she made headlines in 2008 when she appointed someone from outside the family - Frenchman Hubert Joly - as Carlson's new CEO.



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