James Cargill II is his great-grandson. The company began as a grain storage business, but has since diversified into food production, risk management, commodities trading, and cattle. Until 1995, the company always had a CEO that was a member of the family, but as members of the family aged, and passed away, they were finally forced to pass on the reins. The members of the family still own 90% of the company, but their actual wealth is not known, since as a privately owned company, they are not required by law to report their wealth.
