MN Family Among Top 5 Richest In America: Forbes

MINNESOTA — The Cargill-MacMillan family is the fourth richest family in the U.S., according to the latest Forbes's new ranking of family fortunes.

The Cargill-MacMillan family owns Cargill, a Minneapolis-based multinational corporation specializing in food production, agriculture, financial services, and industrial products, making it one of the largest privately held companies in the world.

The Waltons again top Forbes’ America’s Richest Families list with an estimated net worth of $267 billion, largely accumulated from their stake in Walmart, the world’s largest retailer by sales. About 45 percent of the company’s stock is controlled by the families of the seven heirs to founders Sam Walton and his brother Bud.

The second- and third-richest families are the Mars and Koch families. The Mars family owns Mars Inc., one of the world’s largest candy and pet food companies, while the Koch family started what became America's second-largest private company, Koch Industries.

See the full list of America’s Richest Families.