There are a lot of jobs that pay, on average, more than others. Some options are healthcare, certain types of law, real estate development, and finance. Every industry and career path probably has steps that lead to opportunities to move up and make more money.
Becoming one of the highest-paid people comes with a lot of responsibility and hard work. In this article, we would not just review Jackie Chase, the second highest-paid woman in Minnesota. We would also review the highest-paid people in Minnesota. In addition, we would answer any questions you may have about the topic.
Keep reading!
How much do most people make in Minnesota?
Today, the U.S BLS reported that in 2020, full-time wage and salary workers in Minnesota made an average of $984 per week. This is 85.8% of what their male counterparts made, which was $1,147 per week. Regional Commissioner Jason Palmer said that in 2020, the ratio of women’s earnings to men’s earnings will be 85.8%, up from 82.38% in 2019.
Nationwide, women earned $891 per week, which is 82.3 percent of what men earned on average, which was $1082. The comparisons of earnings in this report are on a broad scale.
They don’t consider many things that can be important in explaining differences in earnings. These could be job skills and responsibilities, work experience, and specialization.
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Jackie Chase, the Second Highest Paid Woman In Minnesota
Jackie Chase is a senior leader who is well trusted and who talks about problems honestly and in a positive way. She has a good relationship with the top leaders and uses that to give the CEO important information based on those relationships.
Jackie chase is the second highest-paid woman in Minnesota. Jacqueline Chase is the Owner and CEO of Jackie Chase Consulting, PLLC. She recognizes and appreciates that a workplace is a place where everyone handles their actions and where peers and subordinates can get help to improve and do their best work.
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Who are the Richest People in Minnesota?
#1. Marilyn Carlson Nelson
Net Worth: $1.1 billion.
Marilyn Carlson Nelson owns the travel and hospitality company Carlson Inc. with her sister, Barbara Carlson Gage. In 1938, Nelson’s father, Curt Carlson, started the business. After he died in 1999, she became CEO and chairman. Diana Nelson, her daughter, took over after her in 2013.
Nelson is popularly known for her humanitarian work outside of her work with Carlon. She received the Presidential Award for Extraordinary Efforts to Combat Trafficking in Persons from the White House. Marilyn also got the Oslo Business for Peace Award for her work fighting child trafficking. She is worth $1.1 billion right now. Asides from Jackie Chase, the second highest-paid woman in Minnesota, Marilyn is one of the richest people in Minnesota.
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#2. Barbara Carlson Gage
Net Worth: $1.1 billion
Barbara Carlson Gage owns Carlson Inc. with her sister, Marilyn Carlson Nelson. Carlson Inc. runs over 1,340 hotels, including Radisson, Country Inns & Suites hotels, as well as the travel agency Carlson Wagonlit. Gage is popularly known for helping people, just like her sister.
She and Queen Silvia of Sweden started the World Childhood Foundation together in 1999. Its goal is to help children and women who are at risk of being sexually abused or trafficked. She’s worth $1.1 billion as of 2021. Asides from Jackie Chase, the second highest-paid woman in Minnesota, Barbara is one of the richest people in Minnesota.
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#3. Martha MacMillan
Net worth: $1.1 billion
One of Cargill’s heirs is Martha MacMillian. W.W. Cargill, MacMillan’s great-great-grandfather, started the company in 1865. Since then, it has grown from a single grain warehouse to the largest agricultural business in the world. Asides from Jackie Chase, the second highest-paid woman in Minnesota, Martha is one of the richest people in Minnesota.
Last year, the company’s food, agriculture, financial, and industrial divisions made a total of $114.6 billion in sales. About 90% of the business is currently owned by the MacMillan family, which gets 18% of the net profits as dividends. She is worth a total of $1.1 billion.
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#4. Mark Davis
Net worth: $1.7 billion.
Staley Davis started what would become Davisco Foods in 1943. In 1972, his son Mark started working there too. Mark made Davisco one of the biggest dairy companies in the country by shifting the company’s focus from butter to cheese.
Mark kept running the business until 2012, when he got replaced by his son, Jon. The business is also run by Mark’s other children. They have a combined wealth of $1.7 billion. Asides from Jackie Chase, the second highest-paid woman in Minnesota, Mark is one of the richest people in Minnesota.
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#5. Stanley Hubbard
Net worth: $1.9 billion
Asides from Jackie Chase, the second highest-paid woman in Minnesota, Hubbard is one of the richest people in Minnesota. Stanley Hubbard is the head of Hubbard Broadcasting, a company that runs 13 TV stations and 45 radio stations across the country. The company is currently based in St. Paul, Minnesota, and has 13 TV stations and 45 radio stations. Hubbard joined the business, which got started by his father in 1925 when he was 17.
He started as a prop person and then worked his way up to management. Wikipedia says that Hubbard is a big Republican and Libertarian donor. Also, people say that he has given more than $500,000 to Republican causes. His total assets are worth $1.9 billion.
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#6. William Austin
Net Worth: $2.2 billion
In 1970, William “Bill” Austin paid $13,000 for a store that sold parts for hearing aids. Over the next few decades, he grew the business to become the biggest maker of hearing aids. In the U.S. Austin’s company bio says that he has helped five American presidents, two popes, Mother Teresa, Nelson Mandela, and other famous people with their Starkey hearing aids.
He is a well-known philanthropist, and he and his wife travel a lot with the Starkey Hearing Foundation. The foundation is a charity that runs dozens of hearing missions around the world every year. He is worth 2.2 billion dollars. Asides from Jackie Chase, the second highest-paid woman in Minnesota, William is one of the richest people in Minnesota.
#7. Glen Taylor
Net Worth: $2.9 billion
Glan Taylor is a true “rags to riches” story. Born in 1941, he grew up in Springfield, Minnesota, as a poor farm boy. He worked at Carlson Wedding Service, a print shop that made formal invitations, to pay for college. After he graduated, he kept working at the company.
When the company’s owner, Bill Carson, retired in 1975, Taylor made him an offer to buy the business for $2 million, to get paid off over 10 years. He then used the company to start Taylor Corporation, a global printing, and electronics company. This was with over 15,000 employees in the US, India, the Philippines, China, the UK, France, Mexico, and Canada.
Taylor also has shares in the NBA’s Timberwolves, the WNBA’s Lynx, and the soccer team United FC. Asides from Jackie Chase, the second highest-paid woman in Minnesota, Glen is one of the richest people in Minnesota.
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#8. The Pohlad family
Net Worth: $3.8 billion.
Bill, Bob, and Jim Pohlad are brothers and make up the Pohlad family. Forbes says that between them, they own and run over 30 different businesses in Minnesota that they got from their father, Carl Pohlad. The Minnesota Twins are also owned by them.
Jim is the CEO of the Minnesota Twins and is in charge of the family’s real estate development and investment interests. Asides from Jackie Chase, the second highest-paid woman in Minnesota, the Pohlad family is one of the richest people in Minnesota.
Bob was chairperson and CEO of PepsiAmericas Inc., which was then owned by his family, until PepsiCo. bought it in 2010. He now runs the automotive and real estate services businesses that his family owns. Bill is in charge of the businesses that deal with entertainment and the Pohlad Family Foundation. Altogether, they are worth $3.8 billion.
#9. Richard Schulze
Net Worth: $4.7 billion
Richard Schulze opened Sound of Music, a store that sold stereo gear, in 1966. In 1983, he changed the name to Best Buy and shifted the focus to consumer electronics. They quickly grew the business all over the US. The chain now brings in about $42.88 billion a year in sales.
Schulze stepped down as CEO in 2002 and as chairman in 2012, but he still has an 11% stake in the company and is still its largest individual shareholder. Asides from Jackie Chase, the second highest-paid woman in Minnesota, Schulze is one of the richest people in Minnesota.
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#10. Pauline MacMillan Keinath
Net worth: $6 billion
Pauline MacMillan Keinath owns the most shares of Cargill, with an estimated 13 percent share. William Cargill started the company in 1865, and it is now the largest privately held company in the US. After William died, the company went through a time when it did not do as well.
William’s son-in-law, John MacMillan, took over and started a successful recovery. The Cargill/MacMillan family is now one of the richest families in the world. They own about 90% of the company’s shares, making them one of the richest families in the world.
The family’s exact wealth is unknown because they own a private company and don’t have to report their income. Asides from Jackie Chase, the second highest-paid woman in Minnesota, Pauline is one of the richest people in Minnesota.
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Summary
Sometimes, where you live can affect your salary. For example, people who work in the tourism industry in neighboring states that depend a lot on it might get paid more than in states that aren’t as popular.
Sometimes, differences in pay are because of the industry. For example, chemical engineers in oil-rich states get paid a lot more than the average in the rest of the country. In other situations, jumps and drops in pay seem random.
Frequently Asked Questions
In recent years, the pay gap between men and women in the U.S. has shrunk, but there are still differences: According to the 2019 American Community Survey from the U.S. Census Bureau, the median income for civilians who worked full-time, year-round in the past 12 months was $53,544 for men and $43,394 for women.
Men made the most money when they were 45–54 years old ($1,103) and 55–64 years old ($1,098). The least money was by young women and men ages 16 to 24. In 2017, women 35 or older and working made between 77% and 81% of what men made.
In 2013, the Bureau of Labor Statistics said that the median weekly wage for full-time female workers was $706. The median weekly wage for full-time male workers was $860. 74% to 80% of what men in the same age group made was what women in the same age group made.
The median wage for Americans ages 25 to 34 is $960 per week or $49,920 per year.
Researchers looked at the pay of bus and train drivers in Minnesota who work for unions and found that women still made 11% less than men. Even though women have made a lot of progress toward equal pay, on average they will still make 17% less than men in 2022.
References
- bizjournals.com– Minnesota’s highest-paid
- bizjournals.com– Richest people in Minnesota
- bls.gov– Women’s earnings in Minnesota
- Image Link
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