Top 10 Richest Families in The World
All around the world, some amazing families have built their fortunes over many generations. These families are among the richest ever known.
They have become well-known in different industries, including retail, luxury goods, high-tech telecommunications, and oil.
Here are 10 of the richest families around the globe.
1. Walton Family – $347 billion
The Waltons are America’s wealthiest family, largely due to Walmart, the largest global retailer. Key figures like Jim, Rob, and Alice Walton have been top Forbes 400 listers since 2001. Their fortune originates from Walmart’s founders, Bud and Sam Walton, who established a business that now employs over 2.2 million people globally.
2. Al Nahyan Family – $305 billion
Ruling Abu Dhabi since 1793, the Al Nahyan family manages wealth through entities like the Abu Dhabi Investment Authority, collectively handling around $1 trillion in assets. Their investments span various sectors, including real estate, technology, and finance.
3. Bernard Arnault and Family – $191.8 billion
Behind LVMH, the leading luxury goods corporation globally, Bernard Arnault and his family control a fortune of $191.8 billion, with his children actively involved in the business. They are key players in the fashion, jewelry, and wine industries, contributing to their substantial wealth.
4. Hermès Family – $151 billion
Famous for the luxury fashion brand Hermès and its iconic Kelly bags, the Hermès family has become synonymous with global elegance, boasting a net worth of $151 billion. Their products are celebrated worldwide for their quality and craftsmanship.
5. Koch Family – $144 billion
Known for Koch Industries, the second-largest privately held company in the U.S., the Kochs have diverse interests across refining, chemicals, and biofuels, valued at $144 billion. Their influence extends beyond business into political and social spheres.
6. Al Thani Family – $133 billion
As Qatar’s ruling family, the Al Thanis have accumulated $133 billion, managing substantial wealth through strategic investments and oil revenues. They have also been instrumental in positioning Qatar as a significant player in global finance and media.
7. Mars Family – $120 billion
Owners of Mars Inc., known for M&M’s and Snickers, the Mars family was once the richest in the U.S. in 1988, with current assets around $120 billion. They maintain a low profile while continuing to expand their business in the global confectionery and pet care markets.
8. Ambani Family – $116 billion
Asia’s richest family, the Ambanis, oversees Reliance Industries, a key contributor to India’s GDP and pivotal in the nation’s economy. Their business interests include telecommunications, energy, and retail, making them a powerhouse in the region.
9. Al Saud Family – $112 billion
Saudi Arabia’s royal family, the Al Sauds, hold power and wealth estimated at $112 billion, with influence spread among around 2,000 of its 15,000 members. Their wealth is closely tied to the country’s vast oil reserves and investments in various sectors.
10. Carlos Slim Helú and Family – $90 billion
Carlos Slim Helú, from Mexico City, has made extensive investments in telecommunications through his conglomerate, Grupo Carso, which includes companies like Telmex and América Móvil. Named the world’s richest person in 2010, his current net worth stands at $90 billion. Slim’s business ventures also cover sectors such as real estate, technology, and healthcare.
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