John Hugh MacMillan III (February 28, 1928 – April 23, 2008) was an American
billionaire
A billionaire is a person with a net worth of at least 1,000,000,000, one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultr ...
businessman.
Early life
He was born on February 28, 1928, in
Minneapolis
Minneapolis is a city in Hennepin County, Minnesota, United States, and its county seat. With a population of 429,954 as of the 2020 United States census, 2020 census, it is the state's List of cities in Minnesota, most populous city. Locat ...
, Minnesota, the son of
John H. Macmillan Jr. and Marion Dickson, and grew up in Wayzata, Minnesota.
He was educated at the
Blake School,
Berkshire School
Berkshire School is a private, co-educational boarding school located in Sheffield, Massachusetts, USA.
People
About 87% of Berkshire's 430 students are boarders, while 13% are day students. The U.S. students hail from 30 states. The 77 inte ...
in Sheffield, Massachusetts, West High School, and the
University of Minnesota
The University of Minnesota Twin Cities (historically known as University of Minnesota) is a public university, public Land-grant university, land-grant research university in the Minneapolis–Saint Paul, Twin Cities of Minneapolis and Saint ...
.
[
]
Career
In 1955, MacMillan started working for Cargill
Cargill, Incorporated is an American multinational food corporation based in Minnetonka, Minnesota, Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Founded in 1865 by William Wallace Cargill, it is the largest privately held c ...
, a company that his great grandfather had founded. Starting as a grain merchant, MacMillan held positions in Great Falls, Montana
Great Falls is the List of cities and towns in Montana, third most populous city in the U.S. state of Montana and the county seat of Cascade County, Montana, Cascade County. The population was 60,442 according to the 2020 United States census, 2 ...
, Baton Rouge, Louisiana
Baton Rouge ( ; , ) is the List of capitals in the United States, capital city of the U.S. state of Louisiana. It had a population of 227,470 at the 2020 United States census, making it List of municipalities in Louisiana, Louisiana's second-m ...
, and Minneapolis.[
In 2007, '']Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
'' estimated his net worth at $1.7 billion.
Personal life
His first wife was Susan Velie (1931–2003), with whom he had three children, John Hugh MacMillan IV, David Deere MacMillan, and Kate MacMillan Reed. She later married Henry W. Norton, and became Susan Velie Norton.[
He died on April 23, 2008, in Fort Lauderdale, Florida, and is buried at ]Lakewood Cemetery
Lakewood Cemetery is a large private, non-sectarian, rural cemetery located in Minneapolis, Minnesota, United States. It is located at 3600 Hennepin Avenue at the southern end of the Uptown, Minneapolis, Uptown area. It is noted for its chapel ...
, Minneapolis.[
]
References
1928 births
2008 deaths
Cargill people
Berkshire School alumni
University of Minnesota alumni
Burials at Lakewood Cemetery
20th-century American businesspeople
Cargill family (United States)
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