Minnesota billionaires family splits apart as they sell off drug
But Minnesota? The frigid North Star State is hardly considered a hotbed for the rich and famous. However, Minnesota is actually home to more than its fair share of millionaires and billionaires, especially clustered around the Twin Cities region. The agricultural giant was founded in and remains one of the largest private companies in the U.
Their wealth stems from investments made by patriarch Carl Pohlad, who passed away in Their hotel, restaurant, and travel brands include Radisson Hotels, T. The Andersen Corporation was founded in and remains family-owned. Jack Taylor originally founded the company in St. Louis in The results may surprise you!
Attorneys for a divided Evenstad
However, this IRS data relies solely on individually filed tax returns. It does not account for the many married couples and households filing jointly that would also qualify in the millionaire bracket. Experts estimate the true number of millionaires in Minnesota lands closer to around 80, households in total. That means approximately 2.
So while Minnesota cracks the top 20 list, powerhouse states like California and New York far exceed it when it comes to sheer number of seven-figure households.