According to Investopedia, the richest families in the world are not so because of their jaw-dropping fortunes and the sizes of their empires alone. The amount of influence they wield across different sectors and continents defines global commerce and human advancements.
Per Investopedia’s ranking, below are the world’s top 10.-
THE RICHEST FAMILIES IN THE WORLD
- Al Nahyan Royal Family of Dubai (Net Worth: $305 billion): With industrial play across diversified investments, the Al Nahyan family is known to be the ruling and wealthiest family in Abu Dhabi. Their wealth is amassed from vast investments in various sectors, including oil, real estate, and finance.
- Walton Family (Net Worth: $259.7 billion): With interests in consumer retail, the Walton family, and heirs to the Walmart empire, have maintained their position through extensive global retail operations.
- Hermès Family (Net Worth: $150.9 billion): Into luxury fashion, the Hermès family owns the iconic French luxury brand.
- Mars Family (Net Worth: $141.9 billion): In the confectionery, and pet care business, the Mars family is best known for their candy empire, including brands like M&M’s and Snickers, and has diversified into pet care.
- Al Thani Family (Net Worth: $133 billion): With industrially diversified investments, the Al Thani family is the ruling family of Qatar. The Al Thani family’s wealth primarily stems from their control over Qatar’s vast oil and natural gas reserves. Their investments in various industries, including finance, real estate, and infrastructure, have also contributed significantly to their wealth.
- Koch Family (Net Worth: $127.3 billion): the family, Owners of Koch Industries, one of the largest private companies in the world, with interests spanning multiple sectors.
- Al Saud Family (Net Worth: $112 billion): the family, the Saudi royal family, whose wealth is deeply rooted from their control over Saudi Arabia’s oil reserves and their investments in various industries.
- Ambani Family (Net Worth: $104.3 billion): the family’s wealth comes from Reliance Industries, with interests in telecommunications, retail, and digital services.
- Wertheimer Family (Net Worth: $89.6 billion}: the family’s wealth mainly comes from their ownership of Chanel, a renowned luxury fashion house. Their successful management and expansion of the Chanel brand have significantly contributed to their wealth.
- Thomson Family (Net Worth: $71.1 billion): They are major players in the media industry through their ownership of Thomson Reuters, providing news and financial market information.
