Top 10 Richest Families In The World: The American organization Bloomberg has released a list of the ten richest families in the world, and this year, once again, the Walton family, owners of the Walmart supermarket, appears at the top of the list.
Nearly six decades ago, Sam Walton opened the first supermarket, and today his family is among the richest people in the world. Shares in his Walmart chain have risen more than 80 percent this year.
According to Bloomberg, the biggest reason for Walmart’s growth is that it has protected its assets and made business deals that do not reduce its wealth. The list also includes the names of more families.
Let’s find out how much wealth these people have and what is the secret to their wealth.
1) The Walton Family
Total wealth : $432 billion
Country : United States
The Walton family owns approximately 46% of the Wal-Mart chain’s stores, and the supermarket is the main reason for their wealth. Sam Walton, the founder of Walmart, wisely divided his wealth among all his children so that the family’s grip on the business would always remain strong.
2) Al Nahyan Family
Business : Oil, Industries
Total wealth : 323 billion US dollars
Country : United Arab Emirates
The oil business is the source of all the wealth of the Al Nahyan family, the ruling family of the United Arab Emirates. The ruler of Abu Dhabi, Sheikh Mohammed bin Zayed Al Nahyan, is also the president of the United Arab Emirates.
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3) Al Thani Dynasty
Business : Oil, Industries
Total wealth : 172 billion US dollars
Country : Qatar
The interests of the ruling Al Thani family of Qatar are linked to the oil and gas business. Almost all members of this family hold high political positions in the government and run industries in various sectors. This is a very large family and the country is ruled by a few of its branches.
4) Egmez Dynasty
Company Name: Egmez
Total wealth : 611.7 million US Dollars
Country : France
Egmez is one of the world’s largest fashion companies, and currently, about 100 people from the sixth generation of its owner family are running the business. The company’s Chief Executive Officer is Axel Domus.
5) The Koch Family
Company Name : Koch Industries
Total wealth : $148 billion
An oil company was inherited by four brothers, Frederick, Charles, David, and William Koch, from their father, Fred Koch, but due to disagreements, only Charles and David were able to remain involved in the business. The family now owns numerous businesses, including companies in the oil, energy, chemicals, minerals, finance, trade, and investment sectors.
6) Al Saud
Business : Oil, Industries
Net worth : $140 billion
Country : Saudi Arabia
The Saudi royal family’s wealth is based on oil. Bloomberg estimated the family’s wealth by looking at royal payments made to its members over the past 50 years. The royal family’s assets worth more than a billion are under the control of Crown Prince Mohammed bin Salman alone.
7) Mars Family
Company Name: Mars, Inc.
Total wealth : $133 billion
Country : United States
The biggest reason Mars is so popular is because of the chocolate products we often see ourselves enjoying. These products include M&Ms, Milky Way, and Snickers chocolates. However, more than half of the company’s profits come from its pet products.
8) Ambani Family
Company Name : Reliance Industries
Total wealth : $99 billion
Country : India
Mukesh Ambani is in charge of the world’s largest oil refinery. He lives in a 27-story palace-like building, which is also considered the most expensive residential building in the world. He and his brother inherited this business from their father.
9) The Wertheimer Family
Company name : Chanel
Total wealth : $88 billion
The secret to Alain and Gerard Wertheimer’s wealth is the Coco Chanel fashion company, founded by their grandfather in Paris in the 1920s. This family not only owns a fashion house, but they also own the most expensive racehorses and vineyards in the world.
10) Thompson Family
Company : Thomson Reuters
Total wealth : $87 billion
Country : Canada
The Thomson family owns 70% of the Thomson Reuters Company. The doors of wealth opened for Canada’s richest family in the 1930s when Roy Thomson opened the first radio station in Ontario.