Wealthy Families Continue to Ditch Trusts
Various lists of the richest families in the world (excluding royal families or autocratic ruling dynasties) are published internationally, by Forbes [1] [2] as well as other business magazines.
There is a distinction between wealth held by identifiable individual billionaires or a "nuclear family" and the wider notion of an extended family or a historical "dynasty," where the wealth of a historically family-owned company or business like the Scudder family has become distributed between various branches of descendants,[3] usually throughout decades, ranging from several individuals to hundreds of offspring (such as the Rothschild family).[4] According to Bloomberg, the world's 25 richest families control $1.4 trillion (1,400,000,000,000) of wealth.[5]
Contemporary rankings [edit]
Note: The list includes families who, according to reliable sources, have a combined net worth of 1 billion US Dollars and above.
| Family name | Notable members | Combined wealth in US$ billions (estimated) | Source of wealth | Country or region |
|---|---|---|---|---|
| Walton[6] | Jim Walton, Alice Walton, S. Robson Walton, Lukas Walton, Christy Walton, Ann Walton Kroenke, Nancy Walton Laurie | 244 (2021) | Wal-Mart, Sam's Club |  United States |
| Mars Scudder[7] | John Franklyn Mars, Jacqueline Mars, Marijke Mars, Pamela Mars-Wright, Laura Scudder, Valerie Mars, Victoria Mars, Charlie Mars | 86.6 (2020) | Mars, Incorporated Signal Oil | United States |
| Koch[7] | Charles Koch, Julia Koch, Bill Koch | 124.5 (2019) | Koch Industries | United States |
| Slim[7] | Carlos Slim, Carlos Slim Domit, Patrick Slim, Julián Slim | 77.1 (2017) | Grupo Carso |  Mexico |
| Ortega[8] | Amancio Ortega, Rosalía Mera, Sandra Ortega Mera | 72 (2017) | Inditex (including Zara) |  Spain |
| Wertheimer[5] | Alain Wertheimer, Gérard Wertheimer | 57.6 (2019) | Chanel |  France |
| Dumas[5] | Pierre-Alexis Dumas, Axel Dumas | 53.1 (2019) | Hermès | France |
| Van Damme, De Spoelberch, De Mevius[5] | Three families, the collective enterprise of which has roots in the 14th century | 52.9 (2019) | Anheuser-Busch InBev |  Belgium |
| Porsche/Piëch[9] | Hans Michel Piëch, Wolfgang Porsche | 52.8 [a] | Volkswagen Group |  Austria |
| Boehringer/Von Baumbach[5] | Albert Boehringer, Hubertus von Baumbach | 51.9 (2019) | Boehringer Ingelheim |  Germany |
| Arnault[7] | Bernard Arnault, Delphine Arnault, Antoine Arnault | 182.5 (2020) | Dior (incl. LVMH) | France |
| Kamprad[11] | Ingvar Kamprad three sons: Peter, Hans and Niclas Kamprad | 50.7 (2018) | IKEA |  Sweden |
| Ambani family[12] | Nita Ambani, Isha Ambani, Anand Ambani, Akash Ambani, Anil Ambani, Tina Ambani, Jai Anmol Ambani, Jai Anshul Ambani, Mukesh Ambani | 85.4 [5] (2020) | Reliance Industries, Reliance Jio Infocomm, Reliance Retail, Reliance Power, Reliance Infrastructure, Reliance Capital, Reliance Entertainment |  India |
| Cargill-MacMillan[7] | Austen Cargill, James R. Cargill II, James R. Cargill, William Wallace Cargill, Marion MacMillan Pictet, Marianne Cargill Liebmann, Cargill MacMillan Sr., Cargill MacMillan Jr, John H. MacMillan Sr., John H. MacMillan, John Hugh MacMillan, Whitney MacMillan, Whitney Duncan MacMillan | 42.9 [5] (2019) | Cargill | United States |
| Bettencourt[7] | Françoise Bettencourt Meyers | 72.8 (2020) | L'Oréal | France |
| Lee (Byung-chul) family | Lee Byung-chul, Lee Kun-hee, Lee Jae-yong, Lee Boo-jin, Lee Seo-hyun, Hong Ra-hee, Hong Seok-hyun, Hong Seok-joh, Lee Myung-hee, Chung Yong-jin, Lee Jay-hyun, Lee in-hee, Cho Dong-gil, etc. | 40.8 (2017) | Samsung, Shinsegae, CJ, Hansol, JoongAng Group, BGF Group |  South Korea |
| Thomson[13] [14] | David Thomson, Roy Thomson, Peter Thomson, Kenneth Thomson | 39.1 [5] (2019) | Thomson Reuters, The Woodbridge Company |  Canada |
| Reimann[15] | Karl Ludwig Reimann, Renate Reimann-Haas, Wolfgang Reimann | 38.8 (2017) | JAB Holding Company (coffee), historically from the chemical industry | Germany |
| Kwok[5] | Thomas Kwok, Raymond Kwok, Kwok Tak-Seng, Kwong Siu-hing, | 38 (2019) | Sun Hung Kai Properties |  Hong Kong |
| Chearavanont[16] | Dhanin Chearavanont, Suphachai Chearavanont, Korawad Chearavanont | 37.9 (2019) | Charoen Pokphand |  Thailand |
| (Edward) Johnson[17] | Edward C. Johnson III, Abigail Johnson | 37.4 (2019) | Fidelity Investments | United States |
| Cox[17] | Anne Cox Chambers, James M. Cox | 36.9 (2019) | Cox Enterprises Co. | United States |
| Quandt | Herbert Quandt, Johanna Quandt, Stefan Quandt, Susanne Klatten | 35 (2019) | BMW | Germany |
| Pritzker[17] | Thomas Pritzker, John Pritzker, Daniel Pritzker, Jean (Gigi) Pritzker Pucker, Jennifer N. Pritzker, Linda Pritzker, Karen Pritzker-Vlock, Matthew Pritzker, Liesel Pritzker Simmons, Penny Pritzker-Traubert, Anthony Pritzker, Jay Robert Pritzker, Nicholas J. Pritzker, Adam Pritzker | 33.7 (2019) | Hyatt Corporation, Marmon Group | United States |
| Pinault family | Francois Pinault | 33.4 (2019) | Kering | France |
| Mulliez[8] | Gérard Mulliez, Michel Leclercq | 33 [5] (2019) | Auchan, Decathlon, Association Familiale Mulliez, and hundreds of other family members[b] | France |
| S. C. Johnson[17] | S. Curtis Johnson | 33 (2019) | S. C. Johnson & Son | United States |
| Albrecht[5] | Berthold Albrecht, Theo Albrecht, Karl Albrecht | 32.6 (2019) | Aldi, Trader Joe's | Germany |
| Rausing[5] | Hans Rausing | 32.5 (2019) | Tetra Laval | Sweden[19] |
| Hartono[20] | Robert Budi Hartono, Michael Bambang Hartono, Armand Wahyudi Hartono, Martin Hartono, Victor Hartono | 32.5 (2019) | Djarum, Bank Central Asia |  Indonesia |
| Lauder[17] | Estée Lauder, Ronald Lauder | 32.3 (2019) | Estée Lauder Companies | United States |
| Hoffmann/Oeri[5] | Fritz Hoffmann-La Roche, André Hoffmann | 31.3 (2019) | Roche pharmaceuticals |  Switzerland |
| Ferrero[8] [21] | Michele Ferrero, Maria Franca Fissolo, Giovanni Ferrero, Pietro Ferrero Jr. | 29.8 (2019) | Ferrero SpA |  Italy |
| Marinho[22] | Roberto Irineu Marinho, José Roberto Marinho, João Roberto Marinho | 28.9 (2004) | Grupo Globo, Rede Globo (media) |  Brazil |
| Henkel[23] | Friedrich Karl Henkel, Simone Bagel-Trah | 28.1 (2017) | Henkel | Germany |
| Hearst[17] | William Randolph Hearst and numerous others | 28 (2016) | Hearst Corporation | United States |
| Dassault[24] | Serge Dassault, Olivier Dassault, Laurent Dassault | 27.8 | Dassault Group, diversified | France |
| Schaeffler[15] | Georg F. W. Schaeffler (Georg Schaeffler Jr.), Maria-Elisabeth Schaeffler, Georg Schaeffler Sr. | 25.9 (2017) | Schaeffler Group | Germany |
| Bass[17] | Sid Bass, Ed Bass, Robert Bass, Lee Bass, Hyatt Bass | 25.5 (2017) | Oak Hill Capital, Energy, Development | United States |
| Lee (Shau Kee)[25] | Lee Shau Kee | 24.1 (2016) | Henderson Land Development | Hong Kong |
| Brenninkmeijer[23] | Clemens Brenninkmeijer, August Brenninkmeyer, Stephan Brenninkmeijer, Philippe Brenninkmeyer, Erik Brenninkmeijer | 23.4 (2017) | Cofra Group, C&A | Germany |
| Damani[26] [27] | Radhakishan Damani,[26] Gopikishan Damani[27] | 23 (2021) | DMart, Investments | India |
| Cheng[20] | Cheng Yu-tung, Henry Cheng, Adrian Cheng | 22.5 (2017) | Hong Kong | |
| Duncan[17] | Dan Duncan, Randa Williams, Milane Frantz, Dannine Avara, Scott_Duncan | 21.5 (2016) | Enterprise Products | United States |
| Møller family | 21 | Maersk |  Denmark | |
| Sy[20] | Henry Sy, Hans T. Sy, Herbert T. Sy, Harley T. Sy, Henry T. Sy Jr., Teresita Sy Coson, Elizabeth T. Sy | 20.1 (2017) | SM Investments Corporation |  Philippines |
| Safra[11] | Joseph Safra, Moise Safra, Lily Safra | 19.6 (2018) | Fibria, Chiquita Brands International, Safra Group, Banco Safra, J. Safra Sarasin, Safra National Bank of New York | Brazil |
| Powell-Jobs[28] | Laurene Powell Jobs | 20.1 (2020) | Apple Inc. and Disney | United States |
| Persson[8] | Erling Persson, Stefan Persson, Karl-Johan Persson | 19.6 (2017) | H&M | Sweden |
| Chirathivat[20] | Tiang Chirathivat (Cheng) | 19.3 (2017) | Central Group | Thailand |
| Kwek-Quek[29] | Kwek Hong Png, Kwek Leng Beng | 18.9 (2016) | Hong Leong group |  Singapore |
| Newhouse[17] | Samuel Irving Newhouse Jr., Donald Newhouse | 18.5 (2016) | Advance Publications | United States |
| Mittal[20] | Lakshmi Mittal, Aditya Mittal and Pramod Mittal | 18.3 (2021) | ArcelorMittal | India |
| Tsai (Wan-Tsai)[20] | Tsai Wan-lin, Tsai Hong-tu | 17.7 (2017) | Cathay United Bank, Cathay Life Insurance |  Taiwan |
| Merck[23] | Friedrich Jacob Merck, Heinrich Emanuel Merck, Frank Stangenberg-Haverkamp, Johannes Freiherr von Baillou | 17.6 (2017) | Merck Group, Merck & Co., H. J. Merck & Co. | Germany |
| Dorrance[17] | Dorrance Hill Hamilton | 17.1 (2016) | Campbell Soup Company | United States |
| Premji[30] | Mohamed Premji, Azim Premji, Rishad Premji | 17 (2016) | Wipro | India |
| Heineken[31] | Freddy Heineken, Charlene de Carvalho-Heineken, Michel de Carvalho, | 16.3 (2019) | Heineken N.V. |  Netherlands |
| Kuok[20] | Robert Kuok | 16.6 (2017) | Kuok Group |  Malaysia |
| Reuben[32] | David Reuben, Simon Reuben | 16.3 (2016) | Real estate, financial services, commodity trading |  United Kingdom |
| Mistry[20] | Shapoorji Mistry, Cyrus Mistry | 16.1 (2017) | Shapoorji Pallonji Group | India |
| Ermirio de Moraes[33] | Antônio Ermírio de Moraes, Ermirio Pereira de Moraes, Maria Helena Moraes Scripilliti | 15.4 (2004) | Votorantim Group | Brazil |
| Otto[15] | Werner Otto, Michael Otto | 15.3 (2017) | Otto Group | Germany |
| Chung (Ju-yung) family[20] | Chung Mong-koo, Chung Eui-sun, Chung Mong-joon, Chung Mong-gyu, Chung Mong-won, etc. | 14.8 (2017) | Hyundai Motor Group, Hyundai Heavy Industries, Hyundai Department Store Group, Halla Group, HDC Group, KCC Corporation | South Korea |
| Ziff[17] | Daniel M. Ziff, Dirk Edward Ziff, Robert D. Ziff, William Bernard Ziff Jr. | 14.4 (2016) | Publishing, Ziff Davis, Ziff Brothers Investments | United States |
| Sawiris[ citation needed ] | Onsi Sawiris, Naguib Sawiris, Nassef Sawiris, Samih Sawiris | 14.5 (2017) | Orascom Construction Industries, Orascom Telecom Holding, Orascom Development, Orascom Group |  Egypt |
| Du Pont[17] | List of family members | 14.3 (2016) | Real estate, DuPont Chemical Company | United States |
| Saji[20] | 14.2 (2017) | Suntory |  Japan | |
| Birla[20] | Kumar Mangalam Birla, Ananya Birla, Aryaman Birla, Chandra Kant Birla, Shobhana Bhartia, Yashovardhan Birla, Madhav Prasad Birla | 14.1 (2017) | Birla Institute of Technology & Science, Aditya Birla Group, Grasim Industries, CK Birla Group, Yash Birla Group, The Hindustan Times, M.P Birla Group | India |
| Godrej[20] | Adi Godrej, Pirojsha Adi Godrej, Nadir Godrej, Jamshyd Godrej | 14 (2017) | Godrej Group, Godrej and Boyce | India |
| Hunt[17] | H. L. Hunt | 13.7 (2016) | Hunt Oil Company, Hunt Petroleum | United States |
| Goldman[17] | Sol Goldman, Amy Goldman Fowler | 13.7 (2016) | Solil Management | United States |
| Bertarelli[11] | Ernesto Bertarelli | 13.6 (2018) | Serono | Italy |
| Busch[17] | Adolphus Busch, Adolphus Busch III, August Anheuser Busch Sr., August Busch III, August Busch IV | 13.4 (2016) | Anheuser-Busch | United States |
| Pao[20] | 13.4 (2017) | BW Group | Hong Kong | |
| Agnelli[17] | 13.5 (2014) | Exor | Italy | |
| Yoovidhya[20] | Chalerm Yoovidhya | 13.1 (2017) | Red Bull | Thailand |
| Sackler[17] | Arthur M. Sackler, Mortimer Sackler, Raymond Sackler, Richard Sackler | 13 (2016) | Purdue Pharma, Oxycontin | United States |
| Dangote[34] | 13.1 (2017) | Dangote Group |  Nigeria | |
| Jacobs[11] | Johann Jacobs, Walther J. Jacobs, Klaus Johann Jacobs | 12.5 (2018) | Jacobs, Barry Callebaut, The Adecco Group | Germany |
| Schindler[11] | 12.5 (2018) | Schindler Group | Switzerland | |
| Moreira Salles[33] | Moreira Salles, João Moreira Salles, Walter Moreira Salles, Pedro Moreira Salles, Giancarlo Constantine Moreira Salles, Fernando Roberto, Walter Moreira Salles Jr. | 12.4 (2004) | Banking | Brazil |
| Ofer[35] [36] | Sammy Ofer, Eyal Ofer, Idan Ofer | 12.3 (2017) | Diversified |  Israel |
| Weston[37] | Guy Weston, George Weston, Galen Weston Jr. | 12.3 (2013) | Loblaw supermarket chain, George Weston Limited | Canada |
| Brown[17] | George Garvin Brown IV | 12.3 (2016) | Brown-Forman | United States |
| Marshall[17] | J. Howard Marshall II, Elaine Tettemer Marshall | 12 (2016) | Koch Industries | United States |
| Mellon[17] | Andrew Mellon, Matthew Mellon, Christopher Mellon | 11.5 (2016) | Mellon Bank | United States |
| Thiele[15] | Heinz Hermann Thiele | 11.3 (2017) | Knorr-Bremse, Vossloh | Germany |
| Butt[17] | Charles Butt | 11 (2016) | HEB Grocery Company | United States |
| Kadoorie[38] | Michael Kadoorie | 11 (2017) | CLP Holding | Hong Kong |
| Dos Santos[39] | 11 (2017) |  Angola | ||
| Rockefeller[17] | List of family members | 11 (2016) | Standard Oil Company, Chase Manhattan Bank | United States |
| Würth[15] | Adolf Würth, Reinhold Würth, Bettina Würth | 10.8 (2016) | Würth Gruppe | Germany |
| Gallo[17] | Ernest Gallo, Julio Gallo | 10.7 (2016) | E & J Gallo Winery | United States |
| Saputo[13] | 10.61 (2017) | Saputo Inc., Transforce | Canada | |
| Blocher[11] | Christoph Blocher, Magdalena Martullo-Blocher, Markus Blocher | 10.5 (2018) | Ems-Chemie, Dottikon ES | Switzerland |
| Widjaja[20] | Eka Tjipta Widjaja, Frankie Widjaja, Franky Oesman Widjaja, Teguh Ganda Widjaja, Indra Widjaja, Sukmawati Widjaja | 10.4 (2017) | Sinar Mas Group | Indonesia |
| Gutserievs[2] | 9.8 (2016) | BIN Group |  Russia | |
| Grosvenor[19] | Hugh Grosvenor, 7th Duke of Westminster | 9.5 (euros, 2017) | Grosvenor Group | United Kingdom |
| Aponte[11] | Gianluigi Aponte | 9.5 (2018) | Mediterranean Shipping Company (MSC) | Italy |
| Liebherr[11] | Hans Liebherr, Hans Liebherr jr., Willi Liebherr, Markus Liebherr, Isolde Liebherr, Hubert Liebherr | 9.5 (2018) | Liebherr Group | Germany |
| Bajaj[20] | 9.3 (2017) | Bajaj Group | India | |
| Rogers[13] | 9.13 (2017) | Rogers Communications | Canada | |
| Salim[20] | Sudono Salim, Anthoni Salim, Axton Salim | 8.8 (2017) | Salim Group | Indonesia |
| Ng[40] | Ng Teng Fong, Robert Ng, Philip Ng | 8.7 (2015) | Far East Organization | Singapore |
| Koo (In-hwoi) family[20] | Koo In-hwoi, Koo Cha-kyung, Koo Bon-moo, Koo Bon-joon, Koo-Bon sik, Koo Bon-neung, Koo Kwang-mo, etc. | 8.7 (2017) | LG Group, LS Group, LIG Group, LT Group, LX Group, LF Group, Ourhome Corp, KleanNara | South Korea |
| Lohia[20] | Sri Prakash Lohia, Mohan Lal Lohia, Aloke Lohia, Seema Lohia | 8.68 (2017) | Indorama Corporation | Indonesia |
| Lee Man Tat[20] | 8.4 (2017) | Food industry | Hong Kong | |
| Haniel[23] | Franz Markus Haniel | 8 (2017) | Franz Haniel & Cie., Metro AG, CWS-boco Gruppe | Germany |
| Koç[41] | Semahat Sevim Arsel, Rahmi Koç, Suna Kıraç, Mustafa Vehbi Koç, Mehmet Ömer Koç, Ali Yıldırım Koç | 8 (2016) | Koç Holding |  Turkey |
| Şahenk[41] | 7-8 (2016) | Doğuş Holding | Turkey | |
| Sabancı[41] | Hacı Ömer Sabancı, İhsan Sabancı, Güler Sabancı, Sevgi Sabancı, Sakıp Sabancı, Sevil Sabancı, Ömer Sabancı, Mehmet Sabancı, Şevket Sabancı, Ali Sabancı, Özdemir Sabancı, Demir Sabancı | 7-8 (for each one of Şevket, Erol, and Türkan's families) (2016) | Sabancı Holding | Turkey |
| Simmons[42] | Harold Simmons | 8 (2013) | Businessman, Titanium investments | United States |
| Olayan[43] | 8 (2017) | Diversified, inheritance |  Saudi Arabia | |
| Camargo[33] | Rossana Camargo de Arruda Botelho, Renata de Camargo Nascimento, Regina de Camargo Pires Oliveira Dias | 8 (2004) | conglomerate Camargo Corrêa | Brazil |
| Stryker[44] | Homer Stryker, Ronda Stryker, Pat Stryker, Jon Stryker | 7.9 (2015) | Stryker Corporation | United States |
| Law[20] | 7.8 (2017) | Bossini | Hong Kong | |
| Heraeus[23] | Wilhelm Carl Heraeus, Jürgen Heraeus, Jan Rinnert | 7.7 (2017) | Heraeus | Germany |
| Jindal[20] | Savitri Jindal, Naveen Jindal and Sajjan Jindal | 7.68 (2017) | Jindal Group | India |
| Irving[13] | K. C. Irving, James K. Irving, Arthur Irving, John E. Irving, Sarah Irving, Robert Irving, Mary Jean Irving, Jean E. Irving, Judy Irving, John K. F. Irving, Colin D. Irving | 7.65 (2017) | Irving Oil, J. D. Irving | Canada |
| Mori[20] | 7.6 (2017) | Mori Building Company | Japan | |
| Firmenich[11] | Patrick Firmenich | 7.5 (2018) | Firmenich | Switzerland |
| Schmidheiny[11] | Max Schmidheiny Stephan Schmidheiny, Thomas Schmidheiny | 7.5 (2018) | Diversified (Holcim, i.a.) | Switzerland |
| Siemens[23] | Werner von Siemens, Carl Wilhelm Siemens, Carl Heinrich von Siemens, Georg von Siemens, Arnold von Siemens, Georg Wilhelm von Siemens, Carl Friedrich von Siemens, Hermann von Siemens, Ernst von Siemens, Peter von Siemens, Nathalie von Siemens, Peter C. von Siemens | 7.3 (2017) | Siemens | Germany |
| Tsai (Eng-Meng)[20] | 7.1 (2017) | Want Want China | Taiwan | |
| Burman[20] | 7.05 (2017) | Dabur | India | |
| Lal[20] | 7 (2017) | Eicher Group | India | |
| Flick[9] | Friedrich Karl Flick, Ingrid Ragger | 6.9 (euros, 2014) | Austria | |
| Herlin | Antti Herlin, Ilkka Herlin, Ilona Herlin | 6.8 (2018) | Kone, Cargotec |  Finland |
| Al Jaber[19] | Mohamed Bin Issa Al Jaber | 6.76 (euros, 2017) | MBI International Holding Group | United Kingdom |
| Desmarais[13] | 6.71 (2017) | Power Corporation of Canada | Canada | |
| Oppenheimer[45] | 6.7 (2017) | De Beers |  South Africa | |
| Bangur[20] | 6.7 (2017) | Shree Cement | India | |
| Engelhorn[11] | Curt Engelhorn, Traudl Engelhorn-Vechiatto, | 6.5 (2018) | Pharmaceuticals firm Boehringer Mannheim | Germany |
| Khoo[20] | 6.4 (2017) | Maybank | Singapore | |
| Johnson[46] | Barbara Piasecka Johnson, Bertram and Diana Firestone, Mary Lea Johnson Richards, Casey Johnson, Jamie Johnson (filmmaker), John Seward Johnson II, John Seward Johnson I, Robert Wood Johnson I, Robert Wood Johnson II, Robert Wood Johnson III, Woody Johnson | 6.3 (2015) | Johnson & Johnson | United States |
| Chey (Tae-won) family[20] | Chey Tae-won, Chey Ki-won | 6.3 (2017) | SK Group | South Korea |
| Wee[20] | 6.25 (2017) | United Overseas Bank | Singapore | |
| Sehgal[20] | 6.15 (2017) | Auto parts | India | |
| Wadia[20] | 6.14 (2017) | Diversified | India | |
| Zobel de Ayala[20] | List of family members | 6.13 (2017) | Ayala Corporation | Philippines |
| Kushal Pal Singh[20] | 6.1 (2017) | Real estate | India | |
| Patel[20] | 6 (2017) | Cadila Healthcare | India | |
| Richardson[13] | 5.95 (2017) | James Richardson & Sons | Canada | |
| Ülker[41] | 5-6 (2016) | Yıldız Holding | Turkey | |
| Özokur[41] | 5-6 (2016) | Üs Holding | Turkey | |
| Tara[41] | 5-6 (2016) | Enka Holding | Turkey | |
| Eczacıbaşı[41] | 5-6 (2016) | Eczacıbaşı Holding | Turkey | |
| Wertheimer[47] | Stef Wertheimer | 5.8 / 8.7[48] (2017) | Iscar Metalworking | Israel |
| Herz[49] | 5.7 (2002) | Tchibo, Reemtsma | Germany | |
| von Finck[11] | August von Finck Sr., August von Finck Jr., August François von Finck | 5.5 (2018) | Merck Finck & Co., Mövenpick, Von Roll Holding, and investment in many other companies | Germany |
| Hilti[11] | Martin Hilti, Eugen Hilti | 5.5 (2018) | Hilti |  Liechtenstein |
| Marguerre[11] | Wolfgang Marguerre, Frederic Marguerre, Tobias Marguerre | 5.5 (2018) | Octapharma | Germany |
| Miele and Zinkann[23] | Carl Miele, Reinhard Zinkann, Rudolf Miele, Peter Zinkann, Markus Miele, Reinhard Zinkann jr. | 5.5 (2017) | Miele | Germany |
| Kwee[20] | 5.5 (2017) | Real Estate | Singapore | |
| Getty[50] | J. Paul Getty, Sir Paul Getty, John Paul Getty III, Ariadne Getty, Balthazar Getty | 5.4 (2015) | Getty Oil | United States |
| Piramal[20] | Ajay Piramal, Dr. Swati A Piramal | 5.38 (2017) | Piramal Group, Piramal Enterprises Ltd., Priramal Pharma, Piramal Realty | India |
| Munjal[20] | 5.37 (2017) | Hero Group | India | |
| Tung Chee Hwa and Chee Chen[20] | 5.2 (2017) | Shipping | Hong Kong | |
| Freudenberg[23] | Carl Johann Freudenberg, Reinhart Freudenberg, Wolfram Freudenberg, Martin Wentzler | 5.2 (2017) | Freudenberg Group | Germany |
| Shin (Kyuk-ho) family | Shin Dong-bin, Shin Kyuk-ho, Shin Dong-joo, Shin Choon-ho, etc. | 5.0 (2015) | Lotte Group, Nongshim, Pulemil | South Korea |
| Villela[33] | Alfredo Egydio de Arruda, Villela Filho, Ana Lucia de Mattos, Barretto Villela | 5 (2004) | Itaúsa | Brazil |
| Lo[20] | 5 (2017) | Shui On Group | Hong Kong | |
| Coates[19] | Denise Coates, John Coates, Peter Coates | 5 (euros, 2017) | Bet365 | United Kingdom |
| Yazıcı[41] | 4-5 (2016) | Anadolu Group | Turkey | |
| Maggi[33] | Lucia Borges Maggi, Blairo Borges Maggi, Marli Maggi Pissollo, Itamar Locks and Hugo de Carvalho Ribeiro | 4.9 (2004) | Soybeans | Brazil |
| Hayek[11] | Nicolas Hayek, Nick Hayek, Nayla Hayek | 4.8 (2018) | The Swatch Group | Switzerland |
| Hult[11] | Bertil Hult, Philip Hult, Alex Hult, Edward Hult | 4.8 (2018) | EF Education First | Sweden |
| Perfetti[11] | Augusto Perfetti, Giorgio Perfetti | 4.8 (2018) | Perfetti Van Melle | Italy |
| Peugeot[11] | Armand Peugeot, Roland Peugeot, Eric Peugeot | 4.8 (2018) | Diversified (Peugeot, FFP Holding, Groupe SEB, Safran, DKSH, i.a.) | France |
| Ströher[11] | Karl Ströher, Sylvia Ströher, Erika Pohl-Ströher, Bertram Pohl | 4.8 (2018) | Wella | Germany |
| Azrieli[13] | David Azrieli | 4.74 (2017) | Azrieli Group | Canada |
| Aguiar[33] | Lina Maria Aguiar, Lia Maria Aguiar and Maria Angela Aguiar Bellizia | 4.5 (2004) | Banking | Brazil |
| Batista[33] | 10 relatives, no individual billionaires | 4.3 (2004) | Beef processing | Brazil |
| Swarovski | Daniel Swarovski, fifth generation family members | 4.1 (euros, 2014) | Swarovski | Austria |
| Saputo[51] [52] | Lino Saputo, Joey Saputo, Mirella Saputo | 4.0–8.0 | Dairy | Canada |
| Abudawood[43] | 4 (2017) | Franchies, inheritance | Saudi Arabia | |
| Kenyatta[39] | Jomo Kenyatta, Uhuru Kenyatta | 4 (2017) | Holdings in Banking(NCBA Group Plc,Agriculture, Hospitality |  Kenya |
| Odebrecht[33] | 10 relatives, no individual billionaires | 3.9 (2004) | Diversified | Brazil |
| Sonnenberg[11] | Ralph Sonnenberg, David Sonnenberg, Marko Sonnenberg | 3.8 (2018) | Hunter Douglas | Netherlands |
| Aquilini[13] | 3.34 (2017) | Aquilini Investment Group | Canada | |
| Civita[33] | Giancarlo Francesco Civita, Anamaria Roberta Civita and Victor Civita Neto | 3.3 (2004) | Media | Brazil |
| Setubal[33] | 25 relatives, no individual billionaires | 3.3 (2004) | Banking | Brazil |
| Burkard[11] | Kaspar Winkler, Urs Burkard | 3.3 (2018) | Sika AG | Switzerland |
| Igel[33] | Daisy Igel | 3.2 (2004) | Gas, petrochemicals | Brazil |
| Lalji[13] | 3.07 (2017) | Larco Group of Cos. | Canada | |
| Gupta[39] | 3 (2017) | South Africa | ||
| Kim (Jae-chul) family | Kim Jae-chul, Kim Nam-jung, Kim Nam-goo, etc. | 2.5~3 (2020) | Dongwon Industries, Korea Investment Holdings | South Korea |
| Apostolopoulos[13] | 2.87 (2017) | Triple Group | Canada | |
| Rotenberg[2] | Arkady Rotenberg, Boris Romanovich Rotenberg | 2.8 (2016) | Stroygazmontazh | Russia |
| Ananiev[2] | 2.8 (2016) | Promsvyazbank, PSB bank and Renaissance Capital Bank | Russia | |
| Marcondes Penido[33] | Ana Maria Marcondes Penido Sant'Anna | 2.8 (2004) | Toll roads | Brazil |
| Smorgon[53] | 2.64 (2013) | Investment |  Australia | |
| Ibru[39] | 2.5 (2017) | Nigeria | ||
| Kaufman[9] | Andreas Kaufmann | 2.42 (euros, 2014) | Pulp and paper company Frantschach | Austria |
| Shamalov[2] | 2.4 (2016) | Ozero, other | Russia | |
| Sobey[13] | 2.33 (2017) | Empire Co. Ltd. | Canada | |
| Reichmann[13] | Paul Reichmann, Edward Reichmann, Albert Reichmann, and two others | 2.33 (2017) | Olympia and York | Canada |
| Feffer[33] | 5 siblings, no individual billionaires | 2.3 (2004) | Pulp and paper | Brazil |
| Jameel[43] | Abdul Latif Jameel | 2.2 (2017) | Toyota dealerships, inheritance | Saudi Arabia |
| Slaight[13] | 2.19 (2017) | Standard Broadcasting | Canada | |
| Zekelman[13] | 2.12 (2017) | Atlas Tube | Canada | |
| Besen[53] | John Gandel, Naomi Milgrom, John Kaldor | 2.1 (2013) | Property, retail | Australia |
| Liberman[53] | 2.1 (2013) | Investment | Australia | |
| Myer[53] | 2.1 (2013) | Investment, retail, property | Australia | |
| Huh (Man-jung) family | Huh Chang-soo, Huh Tae-soo, etc. | 2~2.5 (2021) | GS Group | South Korea |
| Al-Dabbagh[43] | 2 (2017) | Diversified, inheritance | Saudi Arabia | |
| Alajlan[43] | 2 (2017) | Clothing, real estate, self-made | Saudi Arabia | |
| Alrashed[43] | 2 (2017) | Diversified, inheritance | Saudi Arabia | |
| Mayr-Melnhof[9] | 1.95 (euros, 2014) | Forestry, Mayr-Melnhof (MM Carton, MM-Packaging) | Austria | |
| Wilson[53] | 1.83 (2013) | Retail | Australia | |
| Roberts[53] | 1.82 (2013) | Investment, property | Australia | |
| Al Muhaidib[43] | 1.7 (2017) | Diversified, inheritance | Saudi Arabia | |
| Shaymievs[2] | Airat Shaymiev, Radik Shaimiev | 1.7 (2016) | TAIF Group | Russia |
| Wright[53] | 1.53 (2013) | Resources | Australia | |
| Alagil[43] | 1.5 (2017) | Retail, self-made | Saudi Arabia | |
| West[54] | Kanye West, Kimberly Kardashian-West | 7.6 (2021) | Hip-hop/R&B, Yeezy, fashion, entrepreneurship | United States |
| Sarkisov[2] | 1.4 (2016) | RESO-Guarantiya Insurance company | Russia | |
| Sharbately[43] | 1.3 (2017) | Investments, real estate, inheritance | Saudi Arabia | |
| Bazhayev[2] | 1.25 (2016) | Alliance Group | Russia | |
| Greiner[9] | Hans Peter Haselsteiner | 1.23 (euros, 2014) | Greiner Group, synthetic materials | Austria |
| Talbot[53] | 1.21 (2013) | Resources | Australia | |
| Haselsteiner[9] | Hans Peter Haselsteiner | 1.2 (euros, 2014) | Strabag AG | Austria |
| Rauch[9] | 1.2 (euros, 2014) | Happy Day juices Rauch company | Austria | |
| Rakhimkulovs[2] | 1.2 (2016) | OTP Bank, oil company MOL Group, Gazprom and VTB | Russia | |
| Salteri[53] | 1.17 (2013) | Manufacturing | Australia | |
| Rossy[13] | 1.99 (2017) | Dollarama | Canada | |
| Bombardier[13] | 1.96 (2017) | Bombardier Inc., BRP | Canada | |
| Molson[13] | 1.95 (2017) | Molson Coors Brewing | Canada | |
| Kruger[13] | 1.83 (2017) | Kruger, KP TISSUE | Canada | |
| Al Fahim[43] | 1.8 (2020) | Diversified, inheritance |  United Arab Emirates | |
| Murty | N. R. Narayana Murty, Sudha Murty, Rohan Murty, Akshata Murty, Rishi Sunak | 4–5.5 | ||
| DeGasperis[13] | 1.67 (2017) | ConDrain | Canada | |
| Samuel[13] | 1.59 (2017) | Samuel, Son & Co., Samuel Manu-Tech | Canada | |
| Greenberg[13] | 1.58 (2017) | Minto Group | Canada | |
| Maranghi[55] and Castellini-Baldissera[56] families | Vincenzo Maranghi, Piero Castellini-Baldissera, Piero Portaluppi, Ettore Conti, Count of Verampio | 1.50 (2020) | Real estate, textile mills, spirits, inheritance, banking, energy | Italy |
| Latner[13] | 1.12 (2017) | L Group, Dynacare | Canada | |
| Kapsch[9] | Georg Kapsch | 1.08 (euros, 2014) | Kapsch AG | Austria |
| Tieck[53] | 1.07 (2013) | Investment, property | Australia | |
| Chaudhary | Binod Chaudhary, Sarika Chaudhary, Nirvana Chaudhary, Varun Chaudhary, Rahul Chaudhary | 1.07 ( 2020) | Diversified |  Nepal |
| Leon[13] | 1.06 (2017) | Leon's Furniture | Canada | |
| Hasenfratz[13] | 1.06 (2017) | Linamar | Canada | |
| Palmers[9] | Christian Palmers | 1.05 (euros, 2014) | Palmers Textil AG | Austria |
| Duisik-Tott-Höfer[9] | Hans Duisik, Maurizio Tott, Helga Dujsik, Christian Höfer | 1.05 (euros, 2014) | Shopping City Süd | Austria |
| Doppelmayr[9] | 1.02 (euros, 2014) | Cable cars, ski lifts | Austria | |
| DeGrâce | 1.017 | Investments | United States, Canada, France, and United Kingdom | |
| Jenner | Kylie Jenner, Kendall Jenner, Caitlyn Jenner | 1.3 (2021) | Modelling, inheritance and beauty business | United States |
| Al Subeaei[43] | 1 (2017) | Diversified, self-made | Saudi Arabia | |
| Mayweather[57] | Floyd Mayweather Jr., Roger Mayweather, Floyd Mayweather Sr. | 1 (2017) | Boxing, investment, self-made | United States |
| Wallenberg | André Oscar Wallenberg, Marcus Wallenberg Sr., Knut Agathon Wallenberg, Marcus Wallenberg Jr., Jacob Wallenberg (1892–1980), Peter Wallenberg Sr., Peter Wallenberg Jr., Marc Wallenberg, Raoul Wallenberg, Marcus Wallenberg (born 1956), Jacob Wallenberg | 1[58] (2016) | ABB, Atlas Copco, Saab, Nasdaq, Husqvarna, Ericsson, Electrolux, SEB, AstraZeneca, SKF, Stora Enso, Wärtsilä, EQT Partners, Epiroc, Investor AB, SAS Airlines, Wallenberg Foundations | Sweden |
| Dillen | Cor Dillen, Coen Dillen, Anita Dillen, 28 more Dillen family members worldwide | 1 (2020) | Philips, Jewelry | Netherlands, but living all over the world |
| Hougen[59] [60] | No individual billionaires* | 1 | Hougen | Canada |
Historical [edit]
Excluding royal dynasties and land-owning aristocracy, the wealthiest families since the emergence of banking and early capitalism in the Italian Renaissance were:[ citation needed ]
- The Rothschild family of bankers became the richest family in the mid-19th century.[61] The family's accumulated wealth has been divided among many descendants, only one of which (Benjamin de Rothschild) was officially recognized as a billionaire. Determining the family's exact wealth has been deemed implausible;[62] conspiracy theories claiming the family has $350 billion or trillions of dollars[4] have not been proven.
- The Bardi family of Florence (14th century)
- The Medici family, as owners of the Medici Bank, the richest family in 15th-century Europe.[63]
- The Gondi family of Florence, financial partners of the Medici family in the 15th century.
- The Fugger family of mercantile bankers and venture capitalists, the richest family in the 16th century.[64]
- The Welser family, alongside the Fugger one of the most important families of merchant bankers in 16th-century Europe.
- The Baring family, owners of an important merchant bank in London in the 18th to 19th centuries.
- The Schröder family, a leading Hanseatic family of Hamburg in the 18th to 19th centuries.
- The Goldman–Sachs family, owners of the Goldman Sachs investment bank from 1869 to 1912.[65]
- The Venetian noble houses, notably the Contarini, Cornaro, Dandolo, Giustinian, Loredan, Mocenigo, and Morosini families, monopolised pre-modern trade while ruling the Venetian Republic as a mercantile oligarchy.[66]
Notes [edit]
- ^ Approximately euro to dollar conversion rate as of September 2018[10]
- ^ In March 2017, Tharawat Magazine reported that approximately one thousand family members co-own the holding company Association Familiale Mulliez.[18]
References [edit]
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- ^ The Scudder Family,John Pitman, Chandrani Ghosh, David Armstrong, The Dynasties, Forbes, 28 February 2002. "The names are famous and often synonymous with great brands, from spaghetti to tires; those who bear them are without question fabulously wealthy. Yet the Rothschilds, Rockefellers, Michelins and 47 other billionaire families don't appear on the Forbes World's Richest People list. Why not? It's a question of degrees. We have tried to distinguish between fortunes that belong to individuals or nuclear families, and those that have been passed down through more than one branch of the family tree and are often shared by dozens of heirs."
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- ^ a b c d Olanubi, Sijuola (14 February 2017). "Top 10 Richest Families in Europe". Tharawat Magazine.
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- ^ "The world's richest families revealed". MSN. 11 April 2016. Retrieved 18 February 2018.
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- ^ a b "Radhakishan Damani". Forbes . Retrieved 26 July 2021.
- ^ a b "Gopikishan Damani". Forbes . Retrieved 26 July 2021.
- ^ "The world's richest families revealed". MSN. 11 April 2016. Retrieved 18 February 2018.
- ^ "The world's richest families revealed". MSN. 11 April 2016. Retrieved 18 February 2018.
- ^ "The world's richest families revealed". MSN. 11 April 2016. Retrieved 18 February 2018.
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- ^ a b c d e f g h i j k l m Anderson Antunes (13 May 2014). "The 15 Richest Families In Brazil". Forbes. Archived from the original on 15 May 2014. Retrieved 23 February 2018.
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- ^ a b c d "Top 10 Richest Families in Africa". YouTube. 17 April 2017. Retrieved 3 April 2018. Pulse article
- ^ "Ng brothers are Singapore's richest for 6 years running: Forbes".
- ^ a b c d e f g h "Top 10 wealthiest families of Turkey". Yeni Şafak. 16 November 2016. Retrieved 1 April 2018.
- ^ "Texas billionaire Harold Simmons' heirs save some money on taxes".
- ^ a b c d e f g h i j k "Arab World's Richest Families 2017". Forbes Middle East. 17 February 2017. Retrieved 18 February 2018.
- ^ "Medtech's Billionaires: #1 The Stryker Family and John Brown - MDDI Medical Device and Diagnostic Industry News Products and Suppliers". 27 March 2015. Quote: Sibling heirs Ronda ($3.7B), Pat ($2.2B), and Jon Stryker ($1.93B) ... all became wealthy through Kalamazoo, MI-based Stryker Corp.
- ^ "Forbes List". Ranking Interesting Facts About Africa. 1 January 2017. Retrieved 23 February 2018.
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- ^ Badenhausen, Kurt. "How Floyd Mayweather Became Boxing's First $1 Billion Fighter". Forbes . Retrieved 21 December 2019.
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- ^ Niall Ferguson, The Ascent of Money (2008), p. 88: "Between 1818 and 1852, the combined capital of the five Rothschild 'houses' (Frankfurt, London, Naples, Paris and Vienna) rose from £1.8 million to £9.5 million. As early as 1825 their combined capital was nine times greater than that of Baring Brothers and the Banque de France. By 1899, at £41 million, it exceeded the capital of the five biggest German joint-stock banks put together."
- ^ "The Rothschilds' family fortune", Financial Times, 25 March 2010
- ^ de Roover, Raymond Adrien (1966), The rise and decline of the Medici Bank: 1397–1494, New York City; Toronto: W. W. Norton; George J. McLeod Limited (respectively), LCCN 63-11417
- ^ Steinmetz, Greg. (2015). The richest man who ever lived : the life and times of Jacob Fugger. ISBN978-1-4516-8856-6. OCLC 965139738.
- ^ The company admitted the first partner who was not a family member in 1912, and Henry Goldman resigned in 1917. William D. Cohan, Money and Power: How Goldman Sachs Came to Rule the World (2012).
- ^ Winters, Jeffrey A. (2011). Oligarchy. Cambridge: Cambridge University Press. p. 128. ISBN9781139495646.
External links [edit]
- Gauri Bhatia, Here's how India's wealthiest families are seeking to stay wealthy, CNBC, 18 October 2017
- Simone Foxman, World's Richest Families Seeking to Make More Deals on Their Own, Bloomberg, 9 November
- The T&C 50: The Richest Families You've Never Heard Of, Town & Country, 17 October 2017,
- Kerry A. Dolan and Luisa Kroll, "Billionaire Dynasties", Forbes, 21 June 2001
- Devon Pendleton, Bloomberg, Europe's richest royal gets richer as family bank lures wealthy, The Register Citizen, 28 October 2017
- Tom Metcalf and Jack Witzig, World's Wealthiest Became $1 Trillion Richer in 2017, Bloomberg News, 27 December 2017
- Kimberley Richards, 87 richest families in Canada have 4,000 times more wealth than average family, report says, Independent, 1 August 2018
Source: https://en.wikipedia.org/wiki/List_of_wealthiest_families
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