Richest Families in the World!!!
What we are and where we are is a direct result of the family in some way or another.
Also, if all family members pursue a similar desire, they can accomplish anything together.
You might wonder how to build an empire of your own ??
All things considered, as the saying goes, “Rome wasn’t built in a day!” So, there are times when an independent company can transform into the most extraordinary fruitful endeavor.
In any case, a few families on the planet are excessively rich. The net worth of these families may stun you.
|1.||The Rothschild Family||$450 billion|
|3.||Bernard Arnault and Family||$181.6 billion|
|7.||Al Saud||$100 billion|
|13.||Cargill, MacMillan||$51.6 billion|
|16.||Hoffmann, Oeri||$47.3 billion|
|21.||Van Damme, De Spoelberch, De Mevius||$40.2 billion|
Richest Families In The World
The detail and information has been collected from sources like Old Money Society, Investopedia, and CEOWorld Magazine.
The Pritzkers are one of the wealthiest families in America. They immigrated from Ukraine and established their empire in the states.
Most of their wealth comes from their five-star hotel chain, a worldwide franchise: Hyatt Hotels.
They are based in Chicago, United States.
Additionally, they run family-owned investment firms, which include Pritzker Organization and Pritzker Private Capital.
They have been in the family business for four generations. Similarly, the family is worth $35.3 billion.
Next up, we have a Hong-Kong-based family: Kwok. In 1963, Kwok Tak-Seng co-founded the real estate company Sun Hung Kai Properties. He bought lots of lands believing positively in the city’s future development.
Fortunately, it went public in 1972. The company since then has become one of Hong Kong’s most prominent property sellers and developers.
However, Tak died in 1990, and since then, his sons Walter, Raymond, and Thomas have taken control.
Furthermore, three generations have been running the company for years. The net worth of Kwok is estimated to be $35.6 billion.
The family is a wealthy Swedish family known for Tetra Pak founder Ruben Rausing.
Ruben’s son Gad runs Tetra Laval, one of the world’s biggest packaging companies.
His other son, Hans, sold his stake to his brother Gad in 1995 and invested in eco-friendly packaging through a London-based office, Alta Advisers.
Furthermore, three generations have been running the packaging business, including Ruben Rausing and Gad Rausing.
Moreover, the family has collected a net worth of over $35.9 billion.
On number 22, we have the Cox family. They control Cox Enterprises, which is one of the leading companies for communications and automotive.
In 1898, M.Cox founded the company. His children James C. Kennedy and Blair Parry-Okeden then became the major shareholders of the cable company.
Moreover, they are headquartered in Atlanta.
The Cox family has a net worth of a massive $38.6 billion.
21. Van Damme, De Spoelberch, De Mevius
Who would have thought that a beverage company would end up being this filthy rich!
In 1987, Piedbouf and Artois created Interbrew, and the Van Damme family later joined the other two.
Furthermore, the company is headquartered in Leuven, Belgium. Five generations of families have seen this enormous company.
These three families have a combined net worth of $40.2 billion.
In 1922, Samuel Irving Newhouse founded Advance Publications. Newhouse built up a portfolio of magazines, newspapers, radio stations, and cable divisions to create his company.
Moreover, the company was eventually taken over by his sons Samuel and Donald. Throughout the years, they have diversified the company, which includes purchasing the Ironman race series. They also hold a significant share of Reddit.
The Advance Publications is headquartered in New York, United States.
The family has a net worth of $41.6 billion.
Next up, we have the Dassault family. They are into software and aviation. Their business runs back to 1960 during World War I, where they shipped planes overseas.
Dassault Aviation became best known for Mirage and Rafale fighter jets.
Besides this, the family has a software and media company and also invests in real estate. They are headquartered in Paris, France.
Moreover, the Dassault family has a net worth of $41.9 billion.
When Bayerische Motoren Werke was a struggling carmaker, Herbert Quandt helped turn him into one of the world’s largest manufacturers of luxury vehicles.
You may have probably heard the brand BMW! The automotive company’s headquarters is located in Munich, Germany, and four generations have been handling the company.
However, Quandt died in 2015, and her children Susanne Klatten and Stefan Quandt own most of the company’s shares.
Similarly, the Quandt’s have a net worth of $42.3 billion.
In 1961, Gerard Mulliez started Auchan, becoming one of Europe’s largest supermarket chains. The company is also called France’s Walmart by many.
Furthermore, they also control a diverse group of retail businesses, including Leroy Merlin.
Auchan is headquartered in Lille, France, and four generations have been running the company.
The family is worth a staggering $45.9 billion.
16. Hoffmann, Oeri
In 1986, entrepreneur Fritz Hoffman- La Roche found the drug maufacturing company Roche Holding.
The company is based in Basel, Switzerland, and five generations have been running the company. Furthermore, in 2020, the family shareholders received more than $700 million in dividends.
Also, their blockbuster oncology drugs helped them generate $62 billion in revenue! Fritz’s descendants control the company’s 9% shares.
Moreover, the family is worth a whopping $47.3 billion.
Estee Lauder began selling skincare and makeup products in New York beauty salons. She and her husband Joseph launched a company to sell their skin products in 1946.
Eventually, they received an order for $800 worth of products from Saks Fifth Avenue. Fast forward to 2021; they have a revenue of $16.2 billion.
Estee Lauder sells skincare, fragrance, and cosmetics, hair products worldwide.
Meanwhile, there are six billionaire members from this family. They are shareholders and run very famous brands like MAC, Clinique, and Origins.
The family also established The Breast Cancer Research Foundation, which has raised $1 billion since 1993.
The Lauder family has a net worth of $49.3 billion.
After World War II, brothers Theo and Karl Albrecht took after the grocery store run by their parents and turned it to Aldi.
In the 1960s, they divided the business into Aldi Nord and Aldi Sued, with over 10,000 stores. In 1979, Theo brought Trader Joe’s as well, which contributes majorly to his net worth.
Similarly, three generations have been running the company, located in Esses and Muelheim, Germany.
The Albrecht family has a net worth of $51 billion.
13. Cargill, MacMillan
Cargill is a food and agriculture company located in Minneapolis, United States. In 1865, William W. Cargill founded the company.
Furthermore, the company generated its highest revenue ever in the fiscal year of 2021, of $4.9 billion!
Similarly, six generations have witnessed the company to date. William’s children maintain control of the industrial company and share a family office in Waycross, Georgia, United States.
The family has a net worth of a whopping $51.6 billion.
12. Boehringer, Von Baumbach
In 1885, Albert Boehringer founded the german drug manufacturing company Boehringer Ingelheim. The company’s drug Jardiance is its top seller, which is used for type 2 diabetes. It generated $2.9 billion in revenue in 2020 alone!
Similarly, the company is located in Ingelheim am Rhein, Germany.
In 2015, a family member, Hubertus von Baumbach, was appointed the CEO.
The Boehringer family has a net worth of $59.2 billion.
In the late 1930s, Roy Thomson founded an Ontario radio station. He became Canada’s leading owner after branching into newspapers.
Similarly, the family holds approximately a two-thirds stake in financial transactions and service provider Thomson Reuters through funding corporation Woodbridge.
Thomson Reuters is located in Toronto, Canada.
David Thomson serves as a chairman of the Thomson Reuters company and holds more than 320 million shares.
Luckily, in 2017, Thomson Reuter’s shares became all-time high on Toronto and New York Stock Exchange.
The Thomson family has an unbelievable net worth of $61.1 billion.
Edward C. Johnson II founded the Boston mutual-fund empire in 1946. The finance company Fidelity Investments has launched zero-expense ratio funds and also built a digital asset arm.
Similarly, the company is located in Boston, United States. However, their family office is based in New Hampshire.
Three generations have been running the company to date.
It is now run by Johnson’s granddaughter, Abigail.
Additionally, in 2020, Fidelity had $3.5 trillion in managed assets, making it the second-largest mutual fund company.
The Johnsons have a net worth of $61.2 billion.
Who hasn’t heard of the name Coco channel!
Brothers Alain and Gerard Wertheimer are reaping the advantages of their grandfather’s fund of designer Coco Chanel.
Similarly, the luxury goods company was founded in the 1920s. The family also owns racehorses and vineyards.
Chanel is located in Paris, France. In 2020, their “little black dress” had revenue of $10.1 billion!
The Wertheimer family has a net worth of $61.8 billion.
Next up, we have the Ambani family. In the 1950s, Dhirubani Ambani started building the precursor to Reliance Industries.
However, in 2002, Dhirubhai died without leaving a will. His wife then brokered a settlement between her sons over control of the business.
Their sons Mukesh and Anil Ambani currently handle the business. Mukesh lives in a 27-story mansion that has been called the world’s most expensive private residence.
Furthermore, the company is located in Mumbai, India.
The Ambani family has a net worth of over $93.7 billion.
7. Al Saud
The oil reserves can be credited for seeding the collective fortune of the 89-year-old monarchy in Saudi Arabia.
The royals have made money through brokering government contracts and landing deals by founding businesses such as Saudi Aramco.
Furthermore, the son of Saudi’s seventh monarch, Crown Prince Mohammed bin Salman personally controls assets worth more than $1 billion.
The company is based in Riyadh, Saudi Arabia.
The Al Saud family has a net worth of $100 billion.
The Hermes family is famous for selling Birkin handbags.
Pierre-Alexis Dumas is the artistic director, and Axel Dumas collectively owns a significant share of the family business.
Furthermore, Hermes is a world-renowned brand located in Paris, France. In 2014, Axel Dumas became the chief executive officer of the company.
The Hermes family has a net worth of over $111.6 billion.
Fred Koch’s oil firm was inherited by brothers Frederick, Charles, David, and William. In the 1980s, Charles and David stayed in business, whereas Fredrick and William left over a feud.
The business has since grown into Koch Industries. It is a conglomerate with annual revenue of about $115 billion.
Koch manages its wealth through family office 1888 Management. The family business is located in Wichita, Kansas, United States, and is being run by the third generation.
The Koch family has a net worth of a whopping $124.4 billion.
At the age of 19, Frank Mars began selling molasses candies in 1902. His business is best known for Milky Way, Snickers bars, M&Ms, and pet care products.
Similarly, their pet care products make up half of the company’s revenue of $30.2 billion.
Mars is located in McLean, Virginia, United States. In 2oo1, family members John and Jacqueline Mars retired from the business.
The Mars family has a net worth of over $141.9 billion.
3. Bernard Arnault and Family
The CEO and chair of the world’s largest luxury good company LVMH Moët Hennessy – Louis Vuitton SE Bernard Arnault and the family is the second richest family in the world.
Bernard is the third richest person from Europe.
Besides Louis Vuitton, the family owns a number of other businesses
The family also controls Royal van Lent and Princess Yachts, which they acquired for 253 euros.
Similarly, they also have investments in Boo.com and Netflix.
The family is worth a whopping $181.6 billion.
The consumer retail business Walmart is the world’s largest retailer by revenue. It has made sales of $559 billion from more than 10,500 stores across the globe.
48% of the shares are owned and controlled by the Walton family. The family has sold $6 billion worth of shares in 2021 alone.
Similarly, the company is located in Bentonville, Arkansas, United States. During the pandemic, the company issued $2.8 billion special bonuses to U.S. workers for their efforts.
The family is worth a staggering $238.2 billion.
1. The Rothschild Family
Rothschild is the most wealthy Jewish family originally from Frankfurt, Germany.
Unlike any other family on the list, Rothschilds managed to accumulate wealth by establishing and controlling banking transactions in the major cities across Europe, including London, Paris, Vienna, Naples, and Frankfurt.
The family has been holding the top spot of the wealthy families since the 19th century.
To keep the fortune inside of the family, they introduced intra-family marriage.
They have a net worth of a whopping $450 billion as of May 2023.
Read About Highest paying jobs in the world.