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Jim Pohlad, owner of the Minnesota Twins, has a net worth estimated at $3.8 billion. He inherited his wealth (and the Twins) from his father, Carl Pohlad, a billionaire.
Feb 28, 2022 · Executive chair: Jim Pohlad. Net worth: $3.8 billion (Pohlad family; 2020) Purchase price: $44 million (1984) Current franchise valuation: $1.33 billion. Value appreciation: 2,901%
- mike.digiovanna@latimes.com
- Staff Writer
- Marilyn Carlson Nelson – Net Worth: $1.1 Billion
- Barbara Carlson Gage – Net Worth: $1.1 Billion
- Martha Macmillan – Net Worth: $1.1 Billion
- Mark Davis Family – Net Worth: $1.7 Billion
- Stanley Hubbard – Net Worth: $1.9 Billion
- William Austin – Net Worth: $2.2 Billion
- Glen Taylor – Net Worth: $2.9 Billion
- Pohlad Family – Net Worth: $3.8 Billion
- Richard Schulze – Net Worth: $4.7 Billion
- Pauline Macmillan Keinath – Net Worth: $6 Billion
Together with her sister, Barbara Carlson Gage, Marilyn Carlson Nelson owns the travel and hospitality company, Carlson Inc. The business was founded by Nelson’s father, Curt Carlson, in 1938. Following his death in 1999, she took over as CEO and chairman. Her daughter, Diana Nelson, succeeded her in 2013. Outside of her activities with Carlon, Nel...
Along with her sister, Marilyn Carlson Nelson, Barbara Carlson Gage owns Carlson Inc, a travel firm that operates over 1,340 hotels (including those within the Radisson, Country Inns & Suites portfolio) and the travel agency Carlson Wagonlit. Like her sister, Gage is known for her humanitarian work. She serves as co-founder of the World Childhood F...
Martha MacMillian is one of the heirs to Cargill. The company, which was established by MacMillan’s great-great-grandfather, W.W. Cargill, in 1865, has grown from a single grain warehouse to the world’s largest agricultural business. Last year, the company generated $114.6 billion in sales across its food, agriculture, financial and industrial divi...
In 1943, Staley Davis founded what would go on to become Davisco foods. In 1972, his son Mark joined the company. After switching the company’s focus away from butter and on to cheese, Mark turned Davisco into one of the largest dairy companies in the country. Mark continued to manage the company until 2012, at which point he was succeeded by his s...
Stanley Hubbard is the head of Hubbard Broadcasting, a television and radio broadcasting corporation based in St. Paul, Minnesota that operates 13 TV stations and 45 radio stations across the county. Hubbard joined the business (which was founded in 1925 by his father) at 17, starting as a prop person before being promoted to management. According ...
In 1970, William ‘Bill’ Austin handed over $13000 for a hearing aids parts shop. Over the following decades, he expanded the business into the largest hearing aid manufacturer in the U.S. According to his company bio, Austin has personally assisted five American Presidents, two Popes, Mother Teresa, and Nelson Mandela with Starkey hearing aids. A n...
Glan Taylor is a true rags to riches success story. Born in 1941, he grew up as a poor farm boy in Springfield, Minnesota. To pay his way through college, he worked at Carlson Wedding Service, a print shop that made formal invitations. He continued working at the company after graduation. When company owner Bill Carson decided to retire in 1975, Ta...
The Pohlad family consists of brothers Bill, Bob and Jim Pohlad. As Forbes notes, together, they own and manage over 30 diverse Minneapolis-based businesses inherited from their father, Carl Pohlad. They also own the Minnesota Twins. Jim serves as the CEO of the Minnesota Twins and heads up the family’s real estate development and investment intere...
In 1966, Richard Schulze opened a stereo equipment shop, Sound of Music. In 1983, he rebranded it as Best Buy, moved the emphasis to consumer electronics, and started expanding rapidly across the US. The chain now generates around $42.88 billion in revenue per year. Schulze stepped down as CEO in 2002 and as chairman in 2012, but continues to serve...
With an estimated 13 percent stake, Pauline MacMillan Keinath is believed to be the largest shareholder of Cargill. The company, which was founded in 1865 by William Cargill, now ranks as the largest privately held company in the US. Following William’s death, the company went through a period of decline. John MacMillan, William’s son-in-law, took ...
Feb 28, 2022 · Executive chair: Jim Pohlad. Net worth: $3.8 billion (Pohlad family; 2020) Purchase price: $44 million (1984) Current franchise valuation: $1.33 billion. Value appreciation: 2,901%
- Steven A. Cohen (New York Mets) – $17.5 Billion. Steven Cohen is the owner of the New York Mets and the founder of the hedge fund Point72 Asset Management.
- Edward S. Rogers III (Toronto Blue Jays) – $11.4 Billion. Edward S. Rogers III is a Canadian businessman and media executive with a net worth estimated at $11.4 billion.
- John C. Malone (Atlanta Braves) – $9.2 Billion. John Malone is the owner of the Atlanta Braves and the chairman of Liberty Media, a media and entertainment company.
- Mark Lerner (Washington Nationals) – $6.4 Billion. Mark Lerner is one of the wealthiest owners in Major League Baseball (MLB). He currently serves as the managing principal owner of the Washington Nationals, a team he co-owns with his family.
Jul 1, 2015 · In 1984 Pohlad bought the Minnesota Twins for about $36 million; part of the family's holdings, the team is now worth almost $670 million. Son Jim took over as the team's chief executive after...
Mar 12, 2024 · Individual owners of MLB franchises include wealthy individuals such as Mark Attanasio (Milwaukee Brewers), John Henry (Boston Red Sox), and Arte Moreno (Los Angeles Angels), who also have other...
