The 125 family members that control Cargill Inc. got the biggest payout since 2010 as the top privately held U.S. firm posted the strongest two-year performance in at least a decade, company accounts show.
The world’s No. 1 trader of agricultural commodities paid the Cargill and MacMillan families $643 million in the fiscal year that ended in May, amounting to about $5 million a person on average, according to the accounts reviewed by Bloomberg. The company pays them the equivalent of 20% of the average profit of the previous two years, compared with as much as 50% across firms in the S&P 500 index.
Read the full report at Bloomberg.
