Published On: Tue, Jul 10th, 2018

25 richest families in the world are worth more than $1 trillions

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Araweelo News Network

The 25 richest families in the world are now worth over $1 trillion — more than the total value of Apple or the entire GDP of Indonesia, according to a report.

The Walton family of Walmart is the richest clan in the world, with total family wealth of $152 billion, according to data compiled by the Bloomberg Billionaires Index.

The Koch family, of Koch Industries, is ranked second with $98.7 billion. And coming in third is the Mars family, with $90 billion, known for their M&M and Mars Bars candies.

Bloomberg said the top 25 families are worth $1.1 trillion and that “any calculation is likely to be a low-ball figure,” since the wealth of many families like the Rothschilds and Rockefellers is too diversified and diffuse to value. Bloomberg said that some dynasties whose fortunes are closely intertwined with government, like the House of Saud, are also too difficult to calculate.

To develop the list, the ranking excluded first-generation fortunes (like Jeff Bezos’s or Bill Gates) and those fortunes controlled by a single heir. So the list is really a measure of families who have inherited and grown their wealth over generations.

Here is the list of the top 10 richest families in the world:

Walton family — Walmart — $152 billion
Koch family — Koch Industries — $99 billion
Mars family — Mars — $90 billion
Van Damme, De Spoelberch, de Mevius — Anheuser-Busch Inbev — $54 billion
Dumas family — Hermes — $49 billion
Wertheimer family — Chanel — $46 billion
Ambani family — Ambani conglomerate — $43 billion
Quandt family — BMW — $43 billion
Cargill MacMillen family — Cargill — $42 billion
Boehringer, von Baumbach — Boehringer Ingelheim pharma – $42 billion

Source: cnbc.com

 

About the Author

- Arraale Mohamoud Jama Freelance Journalist and Human Rights Activist Arraale, is a 20 year experience as a professional Journalist and human rights activist Over the years, worked for the major News Papers in Somaliland as a reporter, editor and contributor. 2008 established website Araweelo News Network, he currently runs a web site based in Somaliland. who is the specializes in the investigation and reporting on issues relating to human rights, democracy, and good governance. contact: Info@araweelonews.com jaamac132@gmail.com Send an SMS or MMS to + 252 63 442 5380 WhatsApp + 252 65 910 7347.

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