Margaretta Taylor – Billionaire

Margaretta Taylor and her siblings, James Cox Chambers and Katharine Rayner, are heirs to the Cox family fortune. Their grandfather, James M. Cox, founded what has become Cox Enterprises, an automotive and media conglomerate. They received a 50% stake in the business from their mother, Anne Cox Chambers, 96, in an asset shuffling that became public in 2015. Neither Anne nor her children have ever had an active role at Cox Enterprises, which includes such brands as Autotrader.com and publications like The Atlanta Journal-Constitution. Margaretta’s son, Alex, however, is the company’s chief operating officer and a director. Her cousin, fellow billionaire Jim Kennedy, is its chairman and its former CEO. Like her sister, Katharine, Margaretta focuses on philanthropy: She has donated to the Wildlife Conservation Society and the Atlanta Humane Society.

Margaretta Taylor is an American billionaire heiress who has an estimated net worth of $5.86 billion as of March 2017, according to Bloomberg.

Though she doesn’t have active role from Cox Enterprises, Margaretta Taylor received shares from her mother, Anne Cox Chambers for the said company. She doing numerous charitable works for Wildlife Conservation Society and the Atlanta Humane Society.

Margaretta Taylor was born on April 15, 1942. She has two children, Amanda and Alexander, who is the chief operating officer and director of Cox Enterprises.