Successful business ventures are essential to the wealth of The Richest Families In The World 2021. According to Bloomberg, three American families are at the top of the list of the world’s wealthiest. The top two, the Waltons and the Mars family, are consumer goods companies, while the Kochs, ranked third, are more of an industrialist family.
The Walton family’s assets total $238 billion, while the Mars family’s empire of brands such as Milky Way, Snickers, M&M’s, Twix, and Wrigley chewing gum netted them $142 billion. The Al Sauds are the exception among the majority of business empire owners.
The Saudi royal family is the wealthiest monarchy in the world, owing mainly to their home country’s vast oil reserves. The Ambani family, owners of the Reliance Industries conglomerate, ranks sixth with a fortune worth nearly $94 billion.
The owners of French luxury brands Hermès and Chanel were also among the top eight, while Germany’s wealthy have made a name for themselves in various fields.
The Boehringer/Von Baumbach family (rank 10) owns the pharmaceutical company Boehringer Ingelheim, while the Albrecht family (rank 12) is well-known for holding the discount retailer Aldi. Finally, Thomson Reuter’s founders and media moguls, the Thomson family, round out the top ten in rank 9.
The Richest Families In The World 2021
10. Von Baumbach Family, $59.2 billion
The German drugmaker Boehringer Ingelheim was founded in 1885 by Albert Boehringer; more than 130 years later, the Boehringer family.
9. The Thomson family, $61.1 billion
in the early 1930s when Roy Thomson opened an Ontario radio station. He branched out into newspapers and became the country’s leading owner.
8. Johnson (Fidelity), $61.2 billion
Edward C. Johnson II founded the Boston mutual-fund empire in Boston in 1946. It is now run by his granddaughter, Abigail. At the same time, the closely held firm has thrived.
7. The Wertheimer Family, $61.8 billion
Brothers Alain and Gerard Wertheimer are reaping the benefits of their grandfather’s funding of designer Coco Chanel in 1920s Paris.
6. The Ambani Family, $93.7 billion
Ambani control of the family fortune. Mukesh is now at the helm of the Mumbai-based conglomerate, which owns the world’s largest oil refining complex. He lives in a 27-story mansion that’s been called the world’s most expensive.
5. Al Saud Saudi Royal Family, $100 billion
The 88-year-old monarchy after which Saudi Arabia is named can credit the nation’s unrivalled oil reserves for seeding its collective fortune. This net worth estimate is based on cumulative payouts royal family members are calculated to have received over the past 50 years from the Royal Diwan, the executive office of the king.
4. The Dumas Family, $111.6 billion
Dumas Family is credited with turning Hermes into a global giant in luxury fashion. Among the family members who maintain senior positions at the company are Pierre-Alexis Dumas, the artistic director, and Axel Dumas, the company chairman.
3. The Koch family, $124.4 billion
Brothers Frederick, Charles, David and William inherited father Fred’s oil firm. It has since grown into Koch Industries, a conglomerate with annual revenue of about $115 billion. The family manage a portion of their wealth through family office 1888 Management.
2. The Mars Family, $141.9 billion
Frank Mars learned to hand-dip chocolates as a schoolboy. The business he established is best known for M&Ms and Milky Way and Mars bars, though pet-care products make up about half of the company’s more than $38 billion in revenue. Members of the Mars family own the closely-held business.
1. The Walton Family, $238.2 billion
Walmart is the world’s largest retailer by revenue, with sales of $524 billion from more than 11,000 stores worldwide. The Walton family owns about half the retailer, a stake that’s the foundation of the world’s most considerable fortune.