Wealthiest Families In The World
Nowadays it’s imperative to stay informed on many different topics. Being well-aware of what happens around you will help you develop your actions and plans.
Regardless of your current financial status, keeping tabs on the ultra-rich can be more rewarding than you think.
It will bring you mental sensation, because your mind will be blown away with the amount that ultra-rich people earn in just one hour, it will be less demanding than doing a research on mortgage, and who knows – maybe you will be inspired by their brands that you will start your own business and join at them on this list. Read on and check out 10 wealthiest families.
10. Cargill, MacMillan Families – Cargill
Estimated Net Worth: $42.9 billion
MacMillan and Cargill Families members oversee Cargill Inc., for exactly six-generations. Their company is a well-known commodities giant. The company started small 150 years ago in Iowa. Today, the company is based in Minneapolis and operates agriculture, food products and services and spanning industrial.
9. Mukesh and Anil Ambani – Reliance Industries
Estimated Net Worth: $50.4 billion
Reliance Industries is an Asian company and the biggest Indian industrial conglomerate. Today’s CEO of the company is Mukesh Ambani, whose father founded the company in 1957. Reliance Industries oversees gas, oil, and even textiles. Also, Mukesh’s brother, Anil, manages power generation, entertainment, asset management, and telecommunications. Anil’s son is the executive director of Reliance Capital.
8. Boehringer, Von Baumbach Families – Boehringer Ingelheim
Estimated Wealth: $51.9 billion
This is a German pharmaceuticals company with a very rich history. Boehringer Ingelheim comes with more than 130 years of history. Von Baumbach’s and Boehringer family remain in the control of the company even today, several generations later. Altogether, these families are holding a fortune just under $52 billion.
7. Van Damme, De Spoelberch and De Mevius Families – Anheuser-Busch InBev
Estimated Wealth: $52.9 billion
All in, these three brewers are Belgium-based and have dominated the brewery industry for more than 500 years. If you never heard about these families you have probably heard about their main product – Stella Artois, right? The estimated fortune of these three families is close to $53 billion.
6. Dumas Family – Hermès
Estimated Wealth: $53.1 billion
Even if you are not into fashion, you heard about this brand, that is mostly known for its signature scarves and perfumes. Besides, they also make Birkin and Kelly handbags. The company started in the 19th century when Thierry Hermès fashioned riding apparel for the aristocracy. Today, the company is more about basketball royalty, LeBron James. This company develops, so now you can buy an old watch with new technology for $1,300 to $2,000. The current CEO is Axel Dumas, while Pierre-Alexis Dumas is the artistic director.
5. Wertheimer Family – Chanel
Estimated Net Worth: $57.6 billion
Nothing says wealth as a little black dress does. Chanel is a French high fashion house legendary for its little black dress and No. 5 perfume. Of course, Chanel was also proud of high-profile designer Karl Lagerfeld, who unfortunately died on February 19, 2019. Co-owners are Alan and Gerhard Wertheimer (brothers), descendants of Gabrielle Coco’s business partner.
4. Al Saud – Saudi Royal Family
Estimated Wealth: $100 billion
The family’s fortune is estimated at $100 billion. The majority of this wealth grown thanks to decades of payments from the Royal Diwan, the king’s executive office. Also, the Saudi Royal family hold the most profitable oil company. This family has around 15,000 extended members, making it challenging to exactly assess the wealth of the family. Moreover, many family members started their own business and so on.
3. Koch Brothers – Koch Industries
Estimated Wealth: $124.5 billion
David and Charles Koch owe their massive fortune to an oil business that their father founded. Currently, the brothers are worth an estimated $50.5 billion each.
Brothers are nowadays more known for putting their mark on politics by financing political candidates, lobbying for policy positions, and even funding university professorships.
2. Mars Family – Mars
Estimated Wealth: $126.5 billion
Mars, Snickers, M&M, Royal Canine, Whiskas… They have it all, from cheap and popular sweets to top pet food. Mars family runs a multigenerational family business. Today they are mostly known for making M&Ms than for its Mars. Frank Mars founded the company and his descendant John and Jacqueline Mars are set with a net worth of $23.9 billion, each. The company is run by the fourth generation of the Mars family.
1. Walton Family – Walmart
Estimated Wealth: $190.5 billion
Here it is! The riches family in America and probably one of the richest clans on a global level. This year, in 2019, Alice and Jim Walton are each worth more than $44 billion. Walmart is a retail giant, founded in 1962 by Sam Walton. According to its corporate website by 2019 the company had $514.4 billion in revenue. The company operates with almost 12,000 retail stores worldwide. Moreover, it has 5,362 stores just in the States.
Walmart is best known for big box stores in suburban and rural America where is celebrated for its low prices products and criticizes for its labor practices. However, the company failed to bring its big-box consumer lifestyle to New York City, unlike its opponent Target.