Top 5 Richest Families in the World & Their Net Worth: #LeakedIIN #PersonalFinance #HowToMakeMoney #MakingMoney #Cryptocurrency #Stock #Investment #Scholarships #loans #grants #Gold #Silver
Since March, the coronavirus pandemic forced markets to slow down, the world economy has seen a major collapse. Although if you are one of the richest families in the world, very little will ever bother you. Mukesh Ambani, for example, has climbed nine places on the Bloomberg Billionaires Index since January. As of August 18, the Indian billionaire had, however, dropped from fourth place to sixth on Forbes Real-Time Billionaires List. Meanwhile in the USA, the family behind Walmart had their accumulated wealth growing by $25 billion, according to a new Bloomberg survey. Here are the top 5 richest families in the world.
The Mars Family
You might surprised to find out that your favorite candy – Snickers, Mars, M&M’s, and Twix – became the economic sectors of Mars Inc. The rich family runs the success Mars Inc. business around the world and win many awards.
Wealth Source: Mars Inc.
Net Worth: 120 billion dollars
The Walton Family
With $524 billion in annual sales, Walmart had the rivals among the world’s largest stores. Since the Walton family established it, owning about half the business stake, it has been talked about as one of the most expensive groups in the world.
Wealth Source: Walmart chain of stores
Net Worth: 215 billion dollars
The Koch Family
Four brothers, William, Charles, David, and Frederick, inherited there family oil business. In the 1980’s, during a dispute, Charles and David took over the business, while Fredrick and William left. As analyzed by Bloomberg, the company proceeds around $115 billion. One of the founders passed away last year. The other CEO is still devoted to the business and is a well-known philantropist.
Wealth Source: Koch Industries
Net Worth: 109.7 billion dollars
The Ambani Family
Mukesh Ambani and his wife, Nita
Obviously, the Ambanis are the only Indians in the world wealthiest families. At the beginning of Dhirubhai Ambani and his legacy, the sons have carried out their estate . As the head of Reliance Industries and its derivatives, Mukesh Ambani directs one of the largest personal oil refinery industrials in the country. Owning the famous house of Antilla and some international properties, he is granted the title of “Asia’s wealthiest person”. Besides, Ambani sons have been on Forbes billionaires list.
Net Worth: IndiaToday
Net Worth: 75 billion dollars
This one is certainly not surprising, since Al Saud is the monarchy of the UAE. They have huge fortune due to their oil mines. As long time rulers, they have transformed the desert into an economic center. The approximately 15,000 extended members obtain fund from company shares and worldwide real estate. As the Saudi 7th king’s son, Crown Prince Mohammed is said to have over 1 trillion $ net worth.
Net Worth: N/A (According to Bloomberg)
Net Worth: 95 billion dollars
Top 5 Richest Families in the World and their Net Worth
We’ve all heard of the wealthiest individuals in the world, from Bill Gates to Warren Buffett, but there are families out there on a different level. Here, we’re going to take a look at the top 5 richest families in the world and their net worth.
The Walton family, heirs to the Walmart fortune, top the list of the richest families in the world. The combined wealth of the descendants of Walmart’s founders, Sam and Helen Walton, is estimated at around $162 billion.
In second place is the Koch family, with a combined wealth of around $133 billion. This fortune is thanks to the Koch Industries, which was started by Fred Koch in 1940.
The Mars family comes in third with a combined wealth of $80 billion, and is known for their popular chocolate and candy brands such as M&M’s and Snickers.
Cargill MacMillan Family
Fourth in the line-up is the Cargill MacMillan family, with a combined wealth of around $43. 5 billion. This family owns and operates Cargill, the largest private company in the US.
Al Saud Family
Finally, rounding off the top 5 is the Al Saud family from Saudi Arabia, with a net worth of around $32 billion. This enormous wealth is derived largely from the oil industry in the region.
Frequently Asked Questions
Who are the five richest families?
The five richest families in the world are the Walton family, the Koch family, the Mars family, the Cargill MacMillan family, and the Al Saud family.
What is the Walton family net worth?
The Walton family’s total wealth is estimated to be around $162 billion.
How did the Koch family get so rich?
The Koch family is the second wealthiest in the world, with an estimated combined wealth of $133 billion. This fortune is thanks to Koch Industries, which was started by Fred Koch in 1940.
How much is the Mars family worth?
The Mars family has an estimated combined wealth of $80 billion, thanks to its popular brands like M&M’s and Snickers.
This article has looked at the five wealthiest families in the world and their combined net worth. The Walton family, the heirs to the Walmart fortune, come in at number one with a total wealth of around $162 billion. The Koch family is in second place at $133 billion, followed by the Mars family at $80 billion, the Cargill MacMillan family at $43.5 billion, and the Al Saud family from Saudi Arabia at $32 billion.