The wealthiest families in the world not only accumulate enormous wealth but also have a big influence across countries and industries. These families, which range from oil dynasties and luxury fashion houses to retail behemoths, have established empires that shape international trade and society.
This article examines the net wealth and business endeavours of the top 10 richest families in the world as of 2024, as determined by Investopedia’s rating. Here is a list:
Al Nahyan Family: $305 billion net worth
It is well known that the Al Nahyan family is the wealthiest and most powerful family in Abu Dhabi. They have accumulated riches through large investments in various industries, including real estate, oil, and banking.
The Walton Family
Net Worth of $259.7 billion
Net Sector: Retail Consumer (Walmart)
The Waltons, the heirs to the Walmart business, have remained in power through broad international retail activities. The Hermès Family $150.9 billion is his net worth. Sector: High-end apparel The renowned French luxury company Hermès, renowned for its upscale apparel and accessories, is owned by the Hermès family.
Mars family: $141.9 net worth
Industry: Pet care and confections
The Mars family has expanded into the pet care industry and is most renowned for their candy empire, which includes popular brands like M&Ms and Snickers.
The Al Thani family: $133 billion net worth
Industry: Diversified investments in the industrial sector
The Al Thani family is Qatar’s governing family. The Al Thani family’s main source of fortune is their dominance over Qatar’s enormous quantities of natural gas and oil. Their fortune has also been greatly augmented by their investments in a variety of sectors, including as infrastructure, real estate, and banking.
The Koch Family
Net worth is $127.3 billion
Industry: Multifaceted industrial
The Koch family, with holdings in many different industries, owns Koch Industries, one of the biggest private enterprises in the world.
The Al Saud family: $112 billion net worth
The wealth of the Saudi royal family, the Al Saud family, is mostly derived from their holdings of the country’s oil reserves and their interests across a range of businesses.
The Ambani family: $104.3 billion net worth
Riches from the Ambani family’s telecommunications, retail, and digital services holdings come from Reliance Industries.
Wertheimer Family: $89.6 billion net worth
Owning Chanel, a well-known luxury fashion brand, is the primary source of the Wertheimer family’s riches. The effective management and growth of the Chanel brand have been a major factor in their fortune.
Thomson Family: $71.1 billion net worth
Thanks to their ownership of Thomson Reuters, a news and financial market information provider, the Thomsons are well-known figures in the media. These families have shown considerable influence and economic might worldwide with a wide range of investments from media and luxury fashion to oil and retail.
