The U.S. is home to the three richest families in the world. Show
The Walton, Mars and Koch families have topped the list of wealthiest clans in the world, according to a September report from Bloomberg. The families have remained in their positions as the richest in the U.S. and in the world for several years. That’s true even for the Waltons, who have given away millions of dollars during the last year, Bloomberg reported. JESSICA SIMPSON SPEAKS OUT AFTER RECLAIMING ‘100% OWNERSHIP’ OF HER BILLION-DOLLAR BUSINESS Though the descendants of Walmart founder Sam Walton are the richest family in the world, their wealth, as reported by Bloomberg, doesn’t quite reach the wealth of the richest man in the world, Elon Musk, who is currently worth $290.3 billion, according to the Forbes Real-Time Billionaires List. The Waltons’ wealth does surpass the wealth of Jeff Bezos, who is currently worth $205.4 billion, according to Forbes. However, the Mars and Koch families have not reached Bezos’ wealth, according to Bloomberg’s September report. SUBS AND SUCCESS: HOW JIMMY JOHN’S FOUNDER PURSUED HAPPINESS IN THE ART OF SANDWICH-MAKING Read on to learn more about the three wealthiest families in the world, according to Bloomberg. The Walton Family
 Members of the Walton family are introduced to the audience during the annual shareholders meeting event on June 1, 2018, in Fayetteville, Arkansas. (L-R) Jim Walton, Alice Walton, Jim's wife Lynne McNabb Walton, Rob Walton's wife Melani Lowman Walto Company: Walmart Wealth: $238.2 billion Number of generations: Three Location: Bentonville, Arkansas Sam Walton opened the first Walmart in Bentonville, Arkansas, in 1962, according to the company’s website. Now, Walmart is the largest retailer in the world.
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Mars heiress Jacqueline B. Mars in 2016. (Ron Sachs - Pool via Getty Images) Company: Mars, Inc. Wealth: $141.9 billion Number of generations: Five Location: McLean, Virginia Candy company Mars was founded by Frank Mars more than 100 years ago. Despite the well-known candies from Mars – such as Snickers, M&Ms, Twix and Dove – FOX Business previously reported that more than half the company’s revenue comes from pet-care products. CLICK HERE TO READ MORE ON FOX BUSINESS The Koch Family
Charles Koch is pictured in 2015. (Photo by Patrick T. Fallon for The Washington Post via Getty Images) Company: Koch Industries Wealth: $124.4 billion Number of generations: Three Location: Wichita, Kansas FOX Business previously reported that the wealth of the Koch family began with Fred Koch’s oil firm and was split between his four sons before two sons left in the 1980s. Charles and David Koch were the two sons who stayed, and today, Charles Koch serves as the chairman of the board and CEO. David Koch, who also maintained a position of leadership until 2018, died in August 2019. US Markets Loading... H M S Updated 2020-08-04T19:47:00Z As much of the world struggles with the economic fallout of the coronavirus pandemic, many of the world's richest families are as wealthy as ever. Bloomberg ranked the families with the richest fortunes across the globe — together, they possess $1.4 trillion in wealth from retail industries, media conglomerates, agribusiness companies, tech giants, and more. Bloomberg determined its ranking based on net worth figures from July 24, 2020. It didn't take into account first-generation fortunes, fortunes controlled by a single heir, or fortunes derived primarily from the state. For the purposes of this list, families whose wealth stems from a joint company or enterprise are being considered as a single entry. From the billionaire family behind Nutella to the Walmart heirs, here are the richest families in the world, ranked. 25. The Lee familyJay Lee, the vice chairman of Samsung. Kevork Djansezian/Getty ImagesNet worth: $29 billion Source of wealth: Samsung The Lees are the family behind Samsung, which is now the world's largest producer of smartphones and consists of 62 companies, per Bloomberg. The electronics giant has helped the Lees become one of Asia's richest families. 24. The Pritzker familyPenny Pritzker. Pool/Getty ImagesNet worth: $29.6 billion Source of wealth: Hyatt Hotels A.N. Pritzker and sons Jay, Donald, and Robert created the family's wealth by founding the Hyatt Hotel chain and investing in holdings, such as Marmon Group. Today, the fortune is split among 13 family members, 11 of whom are billionaires. They reportedly spent much of the 2000s arguing over trusts, ultimately dividing up the fortune at the end. 23. The Kwok familyThomas Kwok. Kin Cheung/AP ImagesNet worth: $30.4 billion Source of wealth: Sun Hung Kai Properties Since being listed in the 1970s by Kwok Tak-seng, Sun Hung Kai Properties has evolved into one of the biggest property developers in Hong Kong. Thomas and Raymond Kwok control the company after ousting their third brother, Walter Kwok, in 2008 following a feud, Business Insider previously reported. 22. The Ferrero familyGiovanni Ferrero. Giorgio Perottino/ReutersNet worth: $30.5 billion Source of wealth: Ferrero Group The Ferrero fortune dates back to 1940s Italy, when Michele Ferrero created what is now known as Nutella. Nutella's immense popularity in Italy helped grow the family chocolate shop into a multibillion-dollar business that now also produces Ferrero Rocher, Tic Tac mints, Kinder chocolate, and Butterfinger bars, Forbes reported. Despite the ubiquity of its products, both Ferrero himself and the company have maintained an extremely low profile, to the point where their security measures have been compared to those of NASA. Michele's son Giovanni Ferrero is now the company's CEO and the richest man in Italy, Business Insider previously reported. 21. The Chearavanont familyDhanin Chearavanont. Sukree Sukplang SS/TW/ReutersNet worth: $30.7 billion Source of wealth: Charoen Pokphand Group Chia Ek Chor founded Thai diversified conglomerate Charoen Pokphand Group in 1921. Chia's son Dhanin Chearavanont is now the group's senior chairman, and two of Dhanin's sons serve as CEO and chairman, per Bloomberg. 20. The Newhouse familyS.I. Newhouse. Evan Agostini/Getty ImagesNet worth: $31 billion Source of wealth: Advance Publications Family patriarch S.I. Newhouse founded the publishing giant in 1922, per Bloomberg. Newhouse died in 2017, spreading the fortune across three generations of the family. Advance Publications owns Condé Nast magazines including Vogue and The New Yorker and American City Business Journals, in addition to the majority stake in Reddit, according to its website. 19. The Rausing familyHans Rausing and wife. WPA Pool/Getty ImagesNet worth: $32.9 billion Source of wealth: Tetra Pak The Rausing family's fortune was made in the packaging industry. Ruben Rausing created Tetra Pak in the 1950s. Today, his descendants control Tetra Laval, one of the world's biggest packaging companies, which is comprised of Tetra Pak, Sidel, and DeLaval, per Bloomberg. 18. The Cox familyJim Cox Kennedy. AP PhotosNet worth: $33.1 billion Source of wealth: Cox Enterprises Cox Enterprises has touched a number of industries, including cable and broadband (Cox Communications), newspapers and radio stations (Cox Media Group), and automotive, per Bloomberg. It generates about $21 billion in revenue. Founder James Cox's five grandchildren share the family fortune, according to Forbes. 17. The Quandt familyStefan Quandt, Johanna Quandt, and Susanne Klatten. BMW BlogNet worth: $34.7 billion Source of wealth: BMW The Quandt family is Germany's wealthiest family, thanks to their nearly 50% stake in luxury vehicle maker BMW. They also have stakes in Logwin, a German logistics company, and Gemalto, a security software company. 16. The Van Damme, de Spoelberch, and de Mevius familiesAnheuser-Busch InBev. REUTERS/Francois LenoirNet worth: $36.8 billion Source of wealth: Anheuser-Busch InBev The three Belgian families of Van Damme, de Spoelberch, and de Mevius share claim to more than $54 billion in wealth from beer company Anheuser-Busch InBev. The combined net worth of the five generations of the families fell more than that of any other family on this ranking —$16 billion — per Bloomberg. 15. The SC Johnson familyHerbert Fisk Johnson III. Theo Wargo/Getty ImagesNet worth: $37.3 billion Source of wealth: SC Johnson The Johnson family is behind SC Johnson, which produces cleaning products such as Pledge, Glade, and Windex. The company was founded by its namesake in 1882 and was eventually taken over by son Herbert Fisk Johnson. Fifth-generation Herbert Fisk Johnson III acts as the current CEO and chairman of the company. 14. The Cargill-Macmillan familyMartha Macmillan. Jemal Countess/Getty ImagesNet worth: $38.1 billion Source of wealth: Cargill Inc. William W. Cargill founded agribusiness giant Cargill Inc. in 1865. Today, 23 members of the Cargill-MacMillan family own 88% of the company, which generated $115 billion in revenue in the year before May 2020. Of this clan, 14 are billionaires. The family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. 13. The Mulliez familyGérard Mulliez. STR New/Getty ImagesNet worth: $38.4 billion Source of wealth: Auchan The Mulliez family is behind Auchan, one of the biggest supermarket chains in Europe, per Bloomberg. The chain has also been called the "Walmart of France." Association Familiale Mulliez, the family holding company, also controls Leroy Merlin, a home improvement chain, and Decathlon, a sports equipment retailer. 12. The Hoffman-Oeri familyAndré Hoffman. EY Global/YouTubeNet worth: $38.8 billion Source of wealth: Roche The pharmaceutical company Roche Holding, the source of wealth for the Hoffman-Oeri family, was launched in 1896. In 2019, it generated $62 billion in revenue. The descendants of founder Fritz Hoffmann-La Roche have a 9% stake in the company. 11. The Thomson familyDavid Thomson (left) with the CEO Jim Smith of Reuters. Mark Blinch/ReutersNet worth: $40.6 billion Source of wealth: Thomson Reuters Canada's richest family derives their wealth from financial data and services provider Thomson Reuters, per Bloomberg. They share a 66% stake in it — not to mention their stake in Bell Canada and the Globe and Mail newspaper in Toronto. 10. The Albrecht familyBabette Albrecht. Florian Ebener/Getty ImagesNet worth: $41 billion Source of wealth: Aldi Brothers Theo and Karl Albrecht created the discount supermarket Aldi, Bloomberg reported. Today, there are more than 10,000 stores between the two branches, Aldi Nord and Aldi Sud. Theo also invested in Trader Joe's, transforming it into a chain with more than 350 stores. It's still owned by the Albrecht family trust. 9. The Boehringer and von Baumbach familiesHubertus von Baumbach. Boehringer Ingelheim/YouTubeNet worth: $45.7 billion Source of wealth: Boehringer Ingelheim The Boehringer and von Baumbach families control German pharmaceutical company Boehringer Ingelheim, which has been around for more than 130 years, per Bloomberg. 8. The Johnson familyPresident and CEO of Fidelity Investments Abigail Johnson. Brian Snyder/ReutersNet worth: $46.3 billion Source of wealth: Fidelity Investments The grandfather of Fidelity investments CEO Abigail Johnson founded the privately held investment giant in 1946, per Bloomberg. The Boston-based billionaire shares her fortune with three generations of her family. 7. The Wertheimer familyBrothers Alain and Gerard Wertheimer. Charles Platiau/Getty ImagesNet worth: $54.4 billion Source of wealth: Chanel The Wertheimer family fortune dates back to 1920s Paris when Pierre Wertheimer funded designer Coco Chanel, Bloomberg reports. His grandsons, brothers Alain and Gerard Wertheimer, control Chanel today, which generated $12.3 billion in revenue last year. They own vineyards in France and Napa Valley and breed and race thoroughbreds, Business Insider previously reported. 6. The Dumas familyAxel Dumas. Andreas Rentz/Getty ImagesNet worth: $63.9 billion Source of wealth: Hermès Luxury goods dynasty Hermès is the basis for the Dumas family fortune. Its origins trace back to the 1800s when Thierry Hermes began making riding gear for noblemen, Bloomberg reported. Fast forward to the 1970s, and descendant Jean-Louis Dumas took the company global. Today, Pierre-Alexis Dumas is the artistic director and Axel Dumas is the company chairman, according to the Hermès Group's website. 5. The Ambani familyMukesh Ambani and wife Nita Ambani. Larry Busacca/Getty ImagesNet worth: $81.3 billion Source of wealth: Reliance Industries The Ambani family's wealth lies in Reliance Industries, a conglomerate in India that owns the biggest oil refining complex in the world, Business Insider previously reported. It owns businesses all throughout India, including companies in the retail and telecommunications sectors. Mukesh Ambani, the CEO, lives in a 27-story, 400,000-square-foot mansion in Mumbai. 4. The Al Saud FamilyIn this photo released by the state-run Saudi Press Agency, Saudi Crown Prince Mohammed bin Salman, left, speaks to his father, King Salman in 2018. Saudi Press Agency via APNet Worth: $95 billion Source of Wealth: oil The immense wealth of Saudi Arabia's royal family comes from a combination of proceeds from Saudi Arabia's oil industry (which the executive office of the King doles out to various family members) and the royals' personal earnings from negotiating government contracts and other investments, according to Bloomberg. Crown Prince Mohammed bin Salman alone has assets estimated to be worth more than $1 billion, and has been known to drop millions on mansions and yachts. 3. The Koch familyCharles Koch and his late brother David Koch. MSNBC/YoutubeNet worth: $109.7 billion Source of wealth: Koch Industries Brothers Charles and David Koch expanded their father's oil refinery firm into conglomerate Koch Industries after their other brothers, Frederick and William, left the business following a failed takeover. Koch Industries generates roughly $115 billion in revenue annually. David Koch passed away in August 2019, leaving his $53 billion fortune to his wife Julia Flesher Koch, Business Insider reported at the time. She is now the fourth-richest woman in the world after L'Oreal heiress Francoise Bettencourt Meyers, MacKenzie (Bezos) Scott, and Walmart heiress Alice Walton. 2. The Mars familyJacqueline Mars and her granddaughters. Pool/Getty ImagesNet worth: $120 billion Source of wealth: Mars Inc. Jacqueline and John Mars inherited a stake in the candy empire Mars Inc., which invented M&Ms, Milky Way, and Mars Bars, when their father passed away in 1999. Jacquelyn's son, Stephen Badger, was formerly chairman and is currently on the board of directors of the privately-held Mars Inc., which brings in more than $38 billion in annual revenue, according to Bloomberg. 1. The Walton familyThe Walton family has a $215 billion fortune. Rick Wilking/ReutersNet worth: $215 billion Source of wealth: Walmart Sam and Bud Walton founded Walmart in 1962 in Rogers, Arkansas, Business Insider previously reported. Following its success, they founded Sam's Club in 1983. Walmart reported sales of $514.4 billion in 2018, making it the largest retailer by revenue in the world. The Walton family fortune is dispersed among three generations of family members, including cofounder Sam Walton's three children, Rob, Jim, and Alice; who is one of the richest women in the world with a $56.8 billion fortune. Read next LoadingSomething is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. More... Who are the 10 richest families in the world?The top 10 richest families in 2022 by estimated wealth are:. The Waltons with $212 billion24.. The Mars family with $142 billion.. The Kochs with $124 billion.. The Hermès family with $112 billion.. The Sauds with $100 billion.. The Ambanis with $94 billion.. The Wertheimers with $62 billion.. The Johnsons with $61 billion.. Which family is the richest on earth?Top 12 Richest/Wealthiest Families in The World And Their Net Worth 2022. 1. The Walton Family's Net Wealth Is $238.2 Billion: In 1962, Sam and Bud Walton established Walmart in Rogers, Arkansas, becoming one of the most successful retail businesses in the world in terms of sales.
Who is Trillionaire family in the world?As of today, there are no trillionaires who live on earth. It is definitely not Elon Musk or Jeff Bezos. Such extreme wealth we dont see in our lifetime.
Which country has the richest families?The U.S., unsurprisingly, accounts for the majority of this wealth, with 975 billionaires and a collective net worth of $4.45 trillion.
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List of the richest families in the world
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