Top 10 Richest Families in the World (Updated)

Top 10 Richest Families in the World (Updated)

With $224.5 billion in total assets, the Walmart Company family, which owns the largest retailer in the world by revenue, is the wealthiest family in the world, according to Bloomberg.

Under Mr. James Carr Walton’s direction, the company is now led by the third generation.

What started out as candy vendors, the Mars family now owns the world’s most famous sweets companies such as M&M, Milky Way and Mars Bars. The family’s total assets amount to 160 billion USD.

Inheriting their father’s oil refinery, brothers Charles and David built Koch Industries, a multi-industry conglomerate with $125 billion in annual sales. The Koch family’s total net worth is $128.8 billion.

For the last ninety years, the Al Saud family has ruled Saudi Arabia. Many members of the family made money from government contract brokerage, real estate sales, and the oil industry in addition to the money they received from their royal employment. The family owns $105 billion in total wealth.

Hermès has become the preeminent luxury fashion empire under the leadership of Jean-Louis Dumas. The business is well-known for its high-end, hundreds of thousands of dollar Birkin bags. The Hermès family is worth $94.6 billion in total.

Ambani is the richest family in Asia. Mr. Mukesh Ambani, the head of Reliance Industries Group as well as the Ambani family, is living in a 27-storey mansion dubbed the most expensive private house in the world. The total wealth of the Ambani family is $84.6 billion.

The Wertheimer family owns the famous fashion house Chanel. In 2022, the company achieved revenue of 15.6 billion USD. The Wertheimer family is currently worth $79 billion.

The family company was originally just a grain warehouse. However, now the Cargill brand has risen to become the leading food and agricultural company in the United States.

Canada’s richest family has a huge advantage in media when it comes to owning Reuters, one of the world’s largest news agencies. The family’s total assets amount to $53.9 billion.

Check: 10 Richest People & Families in Canada Today

The Roche Group, owned by the family, made $68.7 billion in 2021 thanks to cancer drugs. In addition, members of the Hoffmann family are heavily involved in environmental protection initiatives. The Hoffmann family is worth $45.1 billion in total.

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