Marianne Cargill Liebmann Net Worth & Biography

This article details the life and success story of the American billionaire and heiress Marianne Cargill Liebmann, whose wealth has been mostly earned from the successful American conglomerate, Cargill Inc., which is owned by her family. Ms. Marianne Liebmann is known to be a great-granddaughter of Mr. William W. Cargill, who founded Cargill Incorporated in 1965 as a Minnesota-based privately held multinational corporation. Some of the company’s major businesses are the production of food ingredients such as glucose syrup and starch, vegetable oils and fats for industrial use and application in processed foods, raising of livestock and production of feed, trading in energy, steel, and transport, and procuring, trading and distributing grain and other agricultural supplies, such as palm oil. The company also runs a financial services company which is also successful. Through the years, Cargill still remains a family business as more than 90 percent of the company’s shares are owned by the founder’s descendants. Nowadays, the company is considered one of the biggest privately held corporations in the United States with annual revenue of more than $134 billion as of 2012. More details follow below.

Early Life

The American heiress was born in 1953 as Marianne Cargill Liebmann. Her great-grandfather, Mr. William Wallace Cargill, was the American businessman that founded Cargill. Austen S. Cargill II and James R. Cargill II are her siblings.

Marianne completed her bachelor’s degree from Montana State University.

Professional Life

Unlike her elder brother Austen, Marianne Liebmann hasn’t really paid attention to the family’s company. It appears she still retains her shares as inherited from her parents, but she doesn’t play any roles in the company’s daily operations or hold any positions that demand her timely input and contributions.

The company, Cargill Incorporated, is a privately held global food corporation founded in 1865, established in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. It is considered the largest privately held company in the United States in terms of revenue. If it were a public company, Cargill would rank number 15 on the Fortune 500 (as of 2015), ahead of AT&T and behind McKesson. The company has frequently been the subject of criticism related to finance, human rights, the environment, and other ethical considerations. Some of its major businesses are the production of food ingredients such as glucose syrup and starch, vegetable oils and fats for industrial use and application in processed foods, raising of livestock and production of feed, trading in energy, steel, and transport, and procuring, trading and distributing grain and other agricultural supplies, such as palm oil. The company also has a large financial services division, which helps it to manage financial risks in the commodity market.

In 2003, Cargill split off a percentage of its financial operations into the hedge fund Black River Asset Management, which holds around $10 billion of assets and liabilities. It owned 33.3 percent of the shares of The Mosaic Company, a business that is known to be one of the leading producers and marketers of potash crop nutrients and concentrated phosphate in the world. Cargill sold off its Mosaic holding in 2011. In 2018, Cargill reported earnings of $3.103 billion and revenues of $114.695 billion and boasted of employing more than 166,000 people in 66 countries. The Cargill Company, which is responsible for 25 percent of all US grain exports, also supplies about 22 percent of the United States domestic meat market. It is known to be the biggest importer of products from Argentina, and is the largest poultry producer in Thailand. It has been reported that all the eggs used in McDonald’s restaurants in the United States pass through Cargill’s plants. It is the United States’ only producer of Alberger process salt, which is used in the prepared food and fast-food industries.

To date, Cargill still remains a family-owned business. The majority of the company (over 90 percent) is still owned by the descendants of the founding Cargill and MacMillan families.

Personal Life: Husband, Children, Private Interests

Marianne has been married to Liebmann for many years now. They have two children together and reside in Bozeman, Montana.

She is a billionaire just like other prominent members of her family. Nowadays, she enjoys her money on the fancy things that she likes. She takes trips around the United States and to popular European destinations in the company of her husband and children.

Marianne Liebmann Net Worth

Marianne Liebmann has a net worth of $3 billion dollars, all earned from her lucrative professional endeavors. As one of seven remaining heirs to the Cargill/MacMillan Empire, Marianne Liebmann is entitled to part of the 90 percent share of the Cargill fortune that her family currently controls. Her financial situation at this time makes her one of the wealthiest people living in Montana, and also puts her on the map as one of the wealthiest women in the world.