Latest / Family Business Stories with Fexingo: Succession, Legacy, and Multi-Generational Companies
How the Cargill Family Built a Global Commodity Empire
How did the Cargill family turn a single Iowa grain silo into one of the world's largest privately held corporations, with $165 billion in annual revenue and control over vast swaths of the global food supply? Lucas and Luna unpack the secretive Cargill-MacMillan dynasty, their unusual governance structure that allows hundreds of family members to hold equity without running the business, and the near-disaster in the 1990s when a faction tried to sell the company. Along the way, they explore how the family navigated scandals, antitrust scrutiny, and the tension between staying private…
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