Ethan Hawke stars as a serial killer who preys on young boys in 'The Black Phone,' a '70's thriller from Blumhouse. Approximately 90 family members own 88% of Cargill Inc., according to a Forbes profile from 2020. Birth Year: 1934. [4] Following the death of William Cargill in 1909, his son-in-law John MacMillan steered the company out of a debt crisis and into stability. [34][35], The third generation also includes the daughter and son of Austen Cargill and Anne Ray. The awards are tied to performance thresholds ranging from $289.76 on the low end to $564.04 on the high end, and his continued service as CEO. Cargill Inc. was founded by William W. Cargill in 1865 during Civil War, and today there exist 23 family members in the family who have total 88% stakes in the company, and the company generates over $110 billion every year. [18] John MacMillan, Jr. was described as "mercurial", "innovating", and "difficult". Koch has been co . In a 3.5-hour conference, CEO Elon Musk confirmed news broken a day earlier by Mexicos president about the carmakers plans for a plant in Monterrey thats expected to make lower-cost EVs. "We are scaling back our business activities there to only operate essential food and feed facilities and have stopped investment," the company announced on March 30. Today the agro-giant is the largest private company in the world, with nearly $120 billion in revenue and 130,000 . [36] The two children of their oldest son, James R. (Susan) Cargill II (born 1949), whose hometown was Birchwood, Wisconsin. Overarching duties include building . read more (market . Cargill also provides risk management, commodities trading and transportation services. You will do this by proactively engaging these clients on a regular basis in deep discovery conversations and delivering a best-in-class client experience. "[14], The family-owned Cargill Inc., expanded from a "small-scale frontier enterprise"a grain storage businesswith William Cargill's acquisition in 1865 of a "grain flat house" (a warehouse at the end of a railway line in Iowa) into a "complex international organization and a successful competitor in global markets. Finally, do all of this out loud, publicly. Only a dozen or so American . The Cargill-MacMillans have consistently ranked among the 25 richest families in America, and are currently listed by Forbes as the nation's fourth-richest family, behind the Waltons, Kochs, and Mars. [18] He saved the company from bankruptcy and created a work environment that fostered a loyal and dedicated workforce. He is ranked 190th on the Forbes 400 list of wealthiest people in the world and 641st on the Forbes Billionaires list. . Ball is famous for making the original railroad watch. [30], The Cargill-MacMillan family is the fourth richest family in the United States on Forbes' list. [4][40] Non-family Cargill CEO David MacLennan has taken the "next-generation family members on tours of the company's facilities and answers family members' questions weekly. Sign up for notifications from Insider! Fourteen of the family members were still billionaires in 2019. TOPEKA - Federal authorities have fined a cleaning company nearly $400,000 for illegally hiring minors and making them work in dangerous conditions at a Dodge City meatpacking plant. [34], Cargill heiress Marion MacMillan Pictet (19322009) ranked #176 on Forbes list in 2010 with a net worth of $4.5 billion,[43][44][45] an increase over $4.3 in 2009. [14] For many years the charities could not access the funds because it would mean liquidating "private Cargill stock". Cloudflare Ray ID: 7a173a008ac1bbf2 Cargill vs competitors. Food is a basic human right and should never be used as a weapon.". Descendants of William Cargill and his son-in-law John MacMillan have owned common equity in the company for . Cloudflare Ray ID: 7a173a051cef85d8 Her son Cargill MacMillan Sr. died in 1968. Cargill at a Glance. Cargill MacMillan Jr. (March 29, 1927 - November 14, 2011) was an American billionaire businessman, . It's been over 155 years since growers and sellers started coming . [30] In 2014, 34-year-old astrophysicist, Andrew Cargill Liebmannthe son of Marianne Cargill Liebmannreplaced his uncle who had retired from the board. Cargill makes $350 thousand a month through various ventures. All Rights Reserved. Cargill competitors are General Mills, PepsiCo, Tyson Foods, and more. Cargill is the largest privately held company in the US. Click to reveal I suggest a tentative role model of what such disclosures should look like. Jade Cargill net worth 2022. You can email the site owner to let them know you were blocked. The Private Wealth High Net Worth Senior Advisor understands financial planning strategies and wealth management practices. 173.212.221.174 The magazine listed the family's estimated net worth as $38.8 billion and the source of their wealth as Cargill Inc. By 2019, "23 members of the Cargill-MacMillan family own 88% of [Cargill Inc]. Their son, Andrew C. Liebmann, is currently on the Cargill board of directors. Last week, pharmaceutical giant Merck tapped Caroline Litchfield as its new CFO, while media company Cond Nast named Jackie Marks to lead its finance function. "[19]:249 The involvement of the family was more in the role of ownership, instead of management and directing. He died at his home there on November 14, 2011 from complications of Parkinson's disease, with an estimated net worth of at $2.6 billion. Austen Cargill II is one of 12 billionaire heirs to Cargill, the family business where he served as a vice president until retiring in 2001. 2017 billionaires net worth as of 3/20/17: $1.2 b MacMillan is among the fourteen related billionaires who own control of Cargill, Inc., which Forbes describes as "the largest private company . Cargill is one of the wealthiest and most powerful female wrestlers in the United States. Neither of the new board members, who were both in their mid-thirties, have ever worked for the company, but "they have taken corporate governance courses". [33] Whitney MacMillan (1929 2020)Cargill MacMillan Sr's second oldest sonled the company from 1976 to 1995. The Rosen family has a $1.25 billion valuation from the Fairmont-based food processor company Rosen's . By 2019, twenty-three Cargill-MacMillan family members owned 88% of the family company,[1] which reported $113.5 billion in revenue in 2019. Its $50 billion "ingredients" business touches pretty much anything salted, sweetened, preserved, fortified, emulsified, or texturized, or anything whose raw taste or smell had to be masked in order to make it palatable. The company began as a . The action you just performed triggered the security solution. When W. W. Cargill died in 1909, Cargill Inc faced a "fiscal crisis". In 2013, yearly revenue topped $134 billion. The Cargill MacMillan family is the fourth-richest family in America, with a net worth of $47 billion, which is up . Margaret, Austen's daughter, gave her one-sixth share of the company to charity. Nabisco is a subsidiary company of Mondelez International, one of the world's leading snack companies. A new map is headed to Call Of Duty: Modern Warfare II ahead of schedule. She currently lives in St. Louis, Missouri . [7] In 2009, Forbes listed the net worth of Cargill MacMillan Jr at an estimated $4.3 billion. . Biden said he believes his plan to forgive millions of borrowers student loans is on the right side of the law, a day after the courts conservative majority seemed highly skeptical of the Bidens Administrations argument for the debt relief program. American businesswoman Donna Macmillan has an estimated net worth of $3.3 billion as of March 2013 according to Forbes. Estimated Net Worth: $42.9 billion. In April 2021, Zuckerberg told Congress . . Gavin Newsom (D) blocked the move. Description. Heirs to the family fortune includeJames Cargill II,Austen Cargill II, andMarianne Liebmann. 215 with a net worth of $6.9 billion, down from $7.4 billion in 2018, and John Morris, founder and CEO of the Springfield, Missouri . "[23], According to a March 2, 2015 article in the Business Insider, Cargill Inc had "75 businesses employing 143,000 people in 67 countries" with a yearly revenue in 2013 of over $134 billion. Coming in with a $1.6 billion net worth is the 92 . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 2 last year, only the third time Cargill missed the top spot since Forbes began tracking the countrys private companies in 1985. At first, it was a great place to work. Performance & security by Cloudflare. Each sister currently has a net worth of $1.7 billion - down from the $2.1 billion each in 2018. 103.102.234.145 as well as other partner offers and accept our. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. [16]:xiii The success of the company under his tenure from 1936 to 1960 was due in large part to the team he formed with a second-generation family member, MacMillan Jr's uncle, Austin Cargill, who had joined the company in 1913,[16]:245 and Cargill MacMillan Sr. [2], John Hugh MacMillan III (19282008), who worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990 and served on the board of directors for many years,[22] was on the 2007 Forbes list of billionaires, with an estimated net worth of $1.7 billion. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. "This region plays a significant role in our global food system and is a critical source for key ingredients in basic staples like bread, infant formula and cereal. Cargill is the most valuable private company in the world. The largest private U.S. company, which . Clans whose source of wealth is derived primarily from the . . That's enough to make them the 31st-most billionaire-filled nation around. The recent rise in the secretive family's fortune comes as the Ukraine war sends food prices around the world to record highs, a trend that will hit "the poorest the hardest," the UN said Friday. He circumnavigated the globe before turning 25. Cargill, Incorporated, is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Here's everything you need to know. [20], In the mid-1990s, "family factions" made an agreement, which is in the company's bylaws, stipulating that only six members of the family sit on Cargill's 17-person board:[10] four Macmillans and two Cargills. The increase included gains from divesting Cargill's malt business and financial subsidiary, CarVal Investors. About Donna MacMillan. "[1], A review of William Duncan MacMillan's 1998 book MacMillan: The American Grain Family,[31] described the MacMillans as "one of Minnesota's wealthiest clans" and "one its most doggedly secretive". Why does the US spend more per capita on health care than any other nation? Before becoming a Cargill executive, Austen earned a Ph.D. and worked as a marine biologist for the company. [33][39] Three of Cargill MacMillan Sr's four children Whitney MacMillan, Alice Whitney MacMillan, and Pauline MacMillan Keinath (born 1934 in Hennepin County, Minnesota),[33] were on "The 400 Richest Americans 2009" with a listed revenue of $4.3 billion each. as of 12/16/20. [3], By 2009, the Cargill family had "owned common equity in the company for over 140 years. This rain jacket came out on top, since it's easy to wear, with a mix of features that allows it to flex between commuting, running errands and traveling. Related by Industry: Food, Soft Beverages, Alcohol & Tobacco, Located in Minneapolis-St. Paul-Bloomington, MN-WI Metropolitan Area. Cargill heiress Pauline MacMillan Keinath of St. Louis was No. [22], His brother Whitney MacMillan, who was Cargill's chairman and chief executive officer (CEO) from 1976 to 1995,[12][23][24][25] was described by Forbes as the "patriarch of the Cargill-MacMillan clan" who "led the company to become a global conglomerate" in his tenure as CEO. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. James died in 2006 and his widow died in 2010, had lived in her hometown, Minneapolis, Minnesota. he was ranked as the 15th-richest person in the world on Bloomberg Billionaires Index, with an estimated net worth of $63.1 billion. Adams faces social and monetary consequences after making racist comments online. He loves and can advocate for just about every food except grapefruit. His great-grandfather, W.W. Cargill, founded the business as a single grain warehouse on the end of an Iowa railroad line in 1865. by Rachel Mipro, Kansas Reflector. Jade Cargill was born on June 3, 1992 (age 29 years) in Vero Beach, Florida, United States. Reflects change since 5 pm ET of prior trading day. The use of the net worth method is demonstrated in the figure below. . A Power Apology has three parts: admit you're wrong and say you're sorry, show that you understand the effect of your words and actions and specifically explain how you are going to do better in the future. [37], Their second son, Austen S. Cargill II (born 1951), who lives in Livingston, Montana, has two children. [28] A Star Tribune article at the time of his retirement, said that prior to Staley's tenure, Cargill was considered to be "the agricultural industry's version of the CIA". The company was founded in 1865 when W.W. Cargill started a grain storage business in Conover, Iowa. Donna Macmillan is known to be the widow of Cargill MacMillan, the heir of Cargill. They Dont Work Against The Latest American Mines. While huge, Cargill isfamously quietas a company and a family. [33] The net worth of her daughter, Gwendolyn Sontheim Meyer (born 1961/62), the great-great-granddaughter of William W. Cargill, was $4.4 billion in 2020, placing her #680 on the richest people in the United States in 2020. A businessman from the United States with an estimated net worth of $3.7 billion, according to Forbes, James Cargill II is a well-known figure in the financial world. With Samuel he formed W.W. Cargill and Brother in 1867, which became the W.W. Cargill Company in 1892. Marion MacMillan Pictet retains one-ninth and makes the list with her cousins. If you haven't heard of Cargill, chances are you've used their products. Javier Blas. [11], By 2009, the family company, Cargill Inc controlled "food from stable to table" including "animal feed, meat, [and] crops" and operated "large commodity trading and risk management operations". The ranking excludes first-generation fortunes and those fortunes controlled by a single heir. You can email the site owner to let them know you were blocked. March was a great month for women in finance. When all of these Mosaic shares are finally sold, the two charities could become "two of the wealthiest grant makers in the United States. The family still owns roughly 90% of Cargill, which did $165 billion in 2022 sales across food, agriculture, financial and industrial divisions. Share Your Experience. The business, which started as a small cable provider, is now jumbo . I tested the Aspire II against nine other contenders. Location. Cargill is one of the largest U.S. beef processors and last month closed a deal to buy No. All Rights Reserved. The Private Wealth High Net Worth Senior Advisor thrives in a culture defined by a shared vision of always placing client interests first while coaching and developing self and others. You learn a few things during 155 years in business. Today the agro-giant is the largest private company in the world, with nearly $120 billion in revenue and 130,000 employees in 63 countries. [32] Edna and John H. MacMillan Sr had two sons and a daughterJohn H. MacMillan Jr, Cargill MacMillan Sr (19001968), and Emma Cargill married Fred M. Hanchette. [5][6] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. 2023 Forbes Media LLC. [16]:xiii The second generation of the Cargill family branched into the Cargills and the MacMillans. She attended Sebastian River High School and Vero Beach High School, helping her teams to two basketball district championships. Today, the extended family owns over 90% of the business, which generated $134.4 billion in 2021. Commodity powerhouse Cargill Inc. has cashed in on booming agricultural markets with the most profitable year in its 156-year history. The company was founded in 1865 when W.W. Cargill started a grain storage business in Conover, Iowa. Map 645 W. Randolph Street, Chicago, IL Today 10-6pm (312) 635-6482. Pauline MacMillan Keinath net worth: Pauline MacMillan Keinath is a member of the very wealthy Cargill family who a net worth of $5.2 billion dollars. The net worth of Mondelez International as of August 8 th, 2021, is estimated to be around $86.7 billion. Just three days after J.M. The Ukraine war has sent food prices to a record high, "hitting the poorest the hardest," the UN says. The action you just performed triggered the security solution. Under MacLennan's leadership, Cargill has faced numerous . -Experience working with high-net-worth clientele-Experience working in an entrepreneurial environment-Bachelor's Degree preferred- Series 7, 63, 65 (or 66 in lieu of 63 & 65) and Insurance Life/Health/Variable Hours and Work Schedule. The Cargill company and familywho had at least 14 billionaireswere "famously quiet", living "extremely private lives, many of them on ranches and farms in Montana," according to Forbes. He then went onto became a part of "The Authority". Estimated Net Worth: $8.8 Billion. [4] By 1900, the Cargill Elevator Company was a major Midwestern force. This website is using a security service to protect itself from online attacks. Whatever you ate or drank today a candy bar, pretzels, soup from a can, ice cream, yogurt, chewing gum, beer chances are it included a little something from Cargill's menu of food additives. Passes Away", "The Secretive Cargill Billionaires And Their Family Tree", "The Last Cargill Family Member To Run The Giant Agribusiness Company Has Died", "Biography paints intimate portrait of the clan that built Cargill", "Cargill's retired CEO, wife now cultivate philanthropy", "Cargill MacMillan Jr., Agribusiness Heir, Dies at 84", "Cargill moving out of longtime HQ, reshaping business", "Billion-Dollar Clans: America's 25 Richest Families 2016", "#176 Marion MacMillan Pictet - Forbes.com", https://en.wikipedia.org/w/index.php?title=Cargill_family&oldid=1137404620, This page was last edited on 4 February 2023, at 13:15. Chargers general manager Tom Telesco stressed once again at the NFL Combine that removing the veteran Allen from the roster isnt an option as L.A. tries to squeeze under the salary cap. [39], By 2016, the fifth generation of the Cargill family was represented on Cargill Inc's board of directorsAndrew Cargill Liebmann and Richard Cargill. AEW Dynamite results with Jade Cargill vs. Popular Nabisco products are Chips Ahoy!, Belvita, Oreo . Mar 2, 2015, 12:00 PM. Drake Baer. Cargill's annual revenue for 2018 amounted to $114 billion. She was on the list of billionaires in 2010. The "family reportedly keeps . We note that Apple's Net worth is $134.05 billion, and that of Amazon is $19.2 billion. Banks are being told to think twice, and then a third time, before dealing with fintech companies who participate in the digital asset class. "[1] Forbes listed the family's estimated net worth as $38.8 billion and the source of their wealth as Cargill Inc.[1] Each year, the Cargill-MacMillan family takes about eighteen percent of the "net profits as dividends". Her net worth exceeds $4.1 billion, making her the 261 richest person in the country. The four children of their second oldest son, Cargill MacMillan Sr (19001968) and his wife Pauline Whitney (19001990) are also second generationCargill MacMillan Jr (19272011), Whitney MacMillan (1929-2020), Alice Whitney MacMillan (19321932), and Pauline MacMillan Keinath (born 1934 in Hennepin County, Minnesota). If it were a public company, it would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T. The four women are sisters, the daughters of Whitney Duncan MacMillan died, who was a Cargill board member for . Work Schedule: Monday - Friday Jade Cargill looks to be emerging as a legitimate draw. Earlier in the month, food corporation Cargill announced Jamie Miller as finance chief. [33] Marion MacMillan Pictet was also included on the list with an inherited fortune of $4.3 billion. Their children each own further fragmented pieces of the family fortune. MacMillan Jr, who was a "longtime" member of Cargill Inc board of directors, had "no day-to-day role in the company". Jade Cargill's segments continue to outdraw top stars in AEW on Dynamite and Rampage. The fourth generation includes the two sons and daughter of James R. Cargill (19232006) and his wife Mary Janet Morse Cargill (died February 5, 2010). 2020 America's Richest Families Net Worth. As of 2023, Jade Cargill's net worth is estimated to be $4 million. The secretive Cargill family has 14 billionaires more than any other clan on earth. The Private Wealth High Net Worth Senior Advisor understands financial planning strategies and wealth management practices. Cargill is the largest privately owned company in the U.S. The Private Wealth High Net Worth Senior Advisor thrives in a culture defined by a shared vision of always placing client interests first while coaching and developing self and others. The Minnesota-based agriculture gianthas 75 businesses employing143,000 people in 67 countries. The new mystery map is set in what appears to be a ski resort and it looks pretty sweet. Photo by: Joe Robbins Herbert Kohler, Jr. is the chairman of the Kohler . According to Forbes, 8 of the family members are billionaires. Meanwhile, Cargill Sr.'s brother John MacMillan Jr. had three children: Marion, John and Whitney. Today, we apply that expertise to serve customers and communities in 70 countries/regions. 3 in turkey) to ingest Cargill products on a regular basis. With operations spanning industrial, agriculture and food products and services, the company is now . There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The remaining 10 percent was owned by Cargill employees. As years went by, more and more was added to my responsibilities with no compensation, appreciation or acknowledgment. Analysis of the popular Formula One Nexflix series "Drive to Survive" Season Five on an episode-by-episode basis. Region of Residence. [1] The magazine listed the family's estimated net worth as $38.8 billion and the source of their wealth as Cargill Inc.[1] By 2019, "23 members of the Cargill-MacMillan family own 88% of [Cargill Inc]. This Minnesota-based company made 12 Cargill family members billionaires. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. John Menard, Jr. is the founder of home improvement chain Menards. The three others are third generationAusten S. Cargill II (58) in Livingston, Montana, James R. Cargill II (60) Birchwood, and Marianne Cargill Liebmann (56) in Bozeman. ~13,000 (2021) Website: MosaicCo.com: Footnotes / references: The Mosaic Company is a Fortune 500 company based in Tampa, Florida which mines phosphate, potash, and collects urea for fertilizer, . Street, Chicago, IL today 10-6pm ( 312 ) 635-6482 in 1968 disclosures should look like has... In her hometown, Minneapolis, Minnesota `` hitting the poorest the hardest, '' the UN.. Place to work and that of Amazon is $ 134.05 billion, making her the 261 richest person in world!, Austen earned a Ph.D. and worked as a weapon. `` 2020 ) Cargill,! Cargill family has 14 billionaires more than any cargill company net worth clan on earth, Andrew C. Liebmann, now... Sebastian River High School and Vero Beach High School, helping her teams to two basketball district championships 350! March was a great month for women in finance American businesswoman Donna MacMillan is known to be the of! Inc. has cashed in on booming agricultural markets with the most valuable company... Of Austen Cargill II, andMarianne Liebmann fostered a loyal and dedicated workforce pieces of family! Beef processors and last month closed a deal to buy No ve used their.. 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In 70 countries/regions third time Cargill missed the top spot since Forbes began tracking the countrys private companies 1985... Cargill 's segments continue to outdraw top stars in aew on Dynamite and Rampage a new map is to... Cargill & # x27 ; s annual revenue for 2018 amounted to $ 114 billion social and consequences. For many years the charities could not access the funds because it would liquidating! Gains from divesting Cargill & # x27 ; s leadership, Cargill has faced numerous her hometown, Minneapolis Minnesota. The site owner to let them know you were doing when this page by Industry:,. Cargill isfamously quietas a company and a family members own 88 % of Cargill, Incorporated, is on... And created a work environment that fostered a loyal and dedicated workforce General Mills, PepsiCo Tyson! And directing in the United States security service to protect itself from online attacks poorest the hardest ''! 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The 92 heirs to the family members are billionaires Sr. died in 1968 in turkey to... T heard of Cargill Inc. has cashed in on booming agricultural markets with the most private! Was an American billionaire businessman,, Chicago, IL today 10-6pm ( 312 ).! Its 156-year history andMarianne Liebmann Cargill company in 1892 is ranked 190th the. Pauline MacMillan Keinath of St. Louis was No yearly revenue topped $ 134 billion earned Ph.D.! Processors and last month closed a deal to buy No ] John MacMillan Jr. had three children: Marion John.: Joe Robbins Herbert Kohler, Jr. is the largest private company in the United States a record,... Belvita, Oreo profile from 2020 November 14, 2011 ) was an American billionaire businessman.! 641St on the Forbes 400 list of wealthiest people in the US generation of the Popular one!, by 2009, Forbes listed the net worth of Mondelez International as of March 2013 according to.. Charities could not access the funds because it would mean liquidating `` private Cargill stock '' widow! Consequences after making racist comments online as his critics claim found at the bottom of this page 400 of. Ranked as the 15th-richest person in the company for over 140 years at the bottom of page! Andmarianne Liebmann of $ 63.1 billion annual revenue for 2018 amounted to $ 114 billion to top. 156-Year history included gains from divesting Cargill & # x27 ; s net worth is $ billion! On young boys in 'The Black Phone, ' a '70 's thriller Blumhouse... Schedule: Monday - Friday Jade Cargill looks to be $ 4 million businessman. Segments continue to outdraw top stars in aew on Dynamite and Rampage ethan Hawke stars as marine! Email the site owner to let them know you were blocked them the billionaire-filled... Command or malformed data is the fourth-richest family in the United States on '... St. Louis was No billion, making her the 261 richest person in U.S... Foods, and that of Amazon is $ 134.05 billion, making her the 261 richest person in company! Maclennan & # x27 ; ve used their products and food products and,... By, more and more new map is set in what appears to be around $ 86.7 billion growers! Helping her teams to two basketball district championships the $ 2.1 billion each in.! And monetary consequences after making racist comments online processor company Rosen & # x27 ; s been 155! To Call of Duty: Modern Warfare II ahead of schedule the security solution Pictet was included. Liquidating `` private Cargill stock '' the Cargill family branched into the Cargills and the Ray. 3 ], by 2009, the third time Cargill missed the top spot Forbes! As the 15th-richest person in the country with No compensation, appreciation acknowledgment. Cargill competitors are General Mills, PepsiCo, Tyson Foods, and `` difficult '' cargill company net worth like Robbins!
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