The modern-day globaleconomyis vast, with numerous industries and other economic sectors spread worldwide.
Still, one of the defining aspects of today’s society is the unequal distribution of wealth among people.
For nearly as long as humans have existed, there have always been those who are richer than others.
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Which are the richest families in the world today, and how much are they worth?
Who are the richest families in the world today?
Here is a look at the world’s wealthiest families, their companies, locations, and generations.
Giovanni Ferrero attends the opening of the Kinder + Sport pavilion in partnership with the Italian Olympic Commitee (CONI) on May 4, 2015. Photo: Giuseppe CacaceSource: Getty Images
The Ferrero Family - $34.5 billion
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In 2018, Ferrero acquired Nestle’s candy business.
The Ferrero family iscurrently worth$34.5 billion.
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The Pritzker Family - $35.3 billion
The Hyatt Hotels and Pritzker Private Capital were founded by A.N.
Pritzker, the son of a Ukrainian immigrant in America.
The Kwok Family - $35.6 billion
Kwok Tak-Seng co-founded Sun Hung Kai Properties in 1963.
U.S. Secretary of Commerce Penny Pritzker speaks during a discussion on the Trans-Pacific Partnership (TPP) September 26, 2016 on Capitol Hill in Washington, DC. Photo: Alex WongSource: Getty Images
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The company’s communications division, known as Cox Communications, is among the largest cable companies in America.
James M. Cox founded the company in 1898.
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His descendants, including James Kennedy and Blair Parry-Okeden, remain active shareholders in the family’svast business empire.
Besides communications, the Cox Family also invests in the automotive industry through the Cox Family Office.
The Newhouse Family - $41.6 billion
Samuel Irving Newhouse foundedAdvance Publicationsin 1922.
Walter Kwok, chairman and chief executive officer of Sun Hung Kai Properties speaks, to the media during their 2006-2007 interim results announcement in Hong Kong, China. Photo: David Paul MorrisSource: Getty Images
In recent years Advance Publications has diversified into numerous other sectors, including software and commerce.
By the 1960s,his company, Dassault Aviation, was designing, manufacturing, and shipping planes overseas.
It would later become incredibly famous for its Mirage and Rafale fighter jets.
Kirsten Rausing, owner of Sandrine ridden by jockey David Probert during Gentlemen’s Day of the 2021 Moet and Chandon July Festival. Photo: Tim GoodeSource: Getty Images
Its most valuable division is Dassault Systemes, a technology company that provides 3D surface modelling of wind tunnels.
It has over $5 billion in annual revenue.
Today, the family’s wealth is estimated to be $42.3 billion.
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Today, the retail outlet has grown into one of Europe’s biggest supermarket chains.
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15.
Today, Fritz’s descendants control about 9% of the company that generates annual revenue above 62 billion.
Ambassador Anne Cox Chambers attends FRENCH-AMERICAN FOUNDATION GALA DINNER at The Four Seasons Restaurant on November 7, 2007 in New York City. Photo: Clint Spaulding/Patrick McMullanSource: Getty Images
Besides the hugely successful business, the Hoffmann family is renowned for its support for nature conservation.
The Lauder Family - $49.3 billion
The Lauders are a prominent family worth $49.3 billion today.
Estee Lauder established the cosmetics company with her husband in 1946.
In this photo illustration, an Anheuser-Busch InBev logo is displayed on a smartphone. Photo: Sheldon CooperSource: Getty Images
Theo and Karl then divided the business into two branches; Aldi Nord and Aldi Sud.
Today, the two branches have over 10,000 stores.
Theo’s side of theAlbrecht familyalso acquired Trader Joe’s in 1979.
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TheCargill-Macmillan familyis one of the wealthiest families in the world, with 14 billionaires in the family.
23 descendants of William Cargill own 88% of the company.
The Boehringer Family - $59.2 billion
Albert Boehringer founded the German drugmakerBoehringer Ingelheimin 1885 by.
Donald Newhouse speaks onstage during the Association for Frontotemporal Degeneration’s Hope Rising Benefit at The Pierre Hotel on October 23, 2019 in New York City. Photo: Ilya S. SavenokSource: Getty Images
Over 120 years later, the Boehringer family still holds a controlling stake in the multi-billion-dollar company.
The family also invests in private equity through Profunda.
Their wealth originated in the early 1930s when Roy Thomson founded a small radio station in Ontario, Canada.
Chairman and CEO of Dassault Group Serge Dassault (L) embraces his son right-wing UMP party member of Parliament Olivier Dassault. Photo: Jean-Pierre MullerSource: Getty Images
He then branched out into newspapers and quickly became the country’s leading private media owner.
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The Johnson Family - $61.2 billion
Fidelity Investments was founded in 1946 by Edward C. Johnson II.
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Today,the financial empireis run by his granddaughter, Abigail.
The Johnson family office is based in New Hampshire, USA.
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Entrepreneur Stefan Quandt attends the ceremonial farewell of Hesse’s Minister President at Biebrich Palace. Photo: Arne DedertSource: Getty Images
Besides Chanel, the Wertheimers also own numerous racehorses and vineyards.
Dhirubhai founded Reliance Industries in the 1950s.
The Mumbai-based conglomerate owns the world’s largest oil refining complex.
French businessman and Auchan group founder Gerard Mulliez arrives for a meeting that included Russian State Duma Speaker Sergei Naryshkin September 1, 2014 in Paris, France. Photo: Sasha MordovetsSource: Getty Images
The Al-Saud Family - $100 billion
TheAl-Saud Family’s wealthis distributed among more than 15,000 extended family members.
The Saudi Crown Prince, Mohammed bin Salman, personally controls assets valued at more than $1 billion.
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The Hermes Family - $111.6 billion
The sixth-generation Hermes Family owns the Frenchluxury fashion companyknown as Hermes.
Pierre-Alexis Dumas is one of the family members with senior management positions in the company.
In the 1980s, a feud arose among the brothers regarding control over their dad’s company.
Andre Hoffman, billionaire and vice chairman of Roche Holding AG, pauses during a panel session on the closing day of the 28th World Economic Forum (WEF) on Africa. Photo: Waldo SwiegersSource: Getty Images
The Mars Family - $141.9 billion
Frank Mars started Mars when he began selling molasses candies in 1902.
At the time, he was only 19 years old.
Are the Rothschildsthe richestfamily in the world?
Top 25 richest families in the world and their net worth in 2022Source: Getty Images
Yes, today, the Rothschild family’s net worth is about $400 billion.
Known as therichest familyof all time, The Rothschilds were also incredibly powerful.
Still, they are said to have become less influential in the modern-day than they were decades ago.
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The Rothschilds are of Jewish roots.
These include London, Paris, Vienna, and Naples.
The family patriarch, John Davison Rockefeller Sr., was an American business magnate and philanthropist.
Multimillionaire Theo Albrecht from Essen, co-owner of the Aldi supermarket chain, stands at the window of his house on the 17th of December in 1971. Photo: Roland ScheidemannSource: Getty Images
He is widely considered to have been one of the wealthiest Americans of his time.
Who are the 5 wealthiest families in the world?
Here is a look at the 5 richest families in the world.
profile of Cargill heir Duncan MacMillan, who has just published a biography of his family. Duncan MacMillan at his Wayzata home. Photo: Darlene PfisterSource: Getty Images
Who has the richest family in the world?
The remaining heirs of the Rothschilds can be said to have the richest family in the world.
Here are some ofthe heirs.
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A detailed list of the 25 richest families in the world
Who is richer than the Rothschilds?
No other family is known to be wealthier than the Rothschilds today.
The richest families in the world have wealth going up to hundreds of billions of dollars.
Hubertus von Baumbach, Chairman of the Board of Managing Directors of Boehringer Ingelheim, follows a ceremony to inaugurate a new tablet factory. Photo: Boris RoesslerSource: Getty Images
These elite families are spread across the world, with a significant number coming from the USA.
They engage in wide-ranging economic activities that have sustained their wealth across generations.
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David Thomson, Chairman of Thomson Reuters and Chairman of The Woodbridge Company Limited speaks during the photography seminar, “Iconic in an Instant? Photo: Gary HershornSource: Getty Images
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Jedidah TabaliaJedi is a journalist with over 5 years working experience in the media industry.
She has a BSc.
She loves traveling and checking out new restaurants.
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She tackles diverse topics, including finance, entertainment, sports, and lifestyle.
Previously, she worked at The Campanile by Kenyatta University.
She has more than five years in writing.
Abigail P. Johnson, Chairman and Chief Executive Officer of Fidelity Investments, during a discussion with moderator Srikant Datahr, Harvard Business School. Photo: Barry ChinSource: Getty Images
In 2023, Jackline finished the AFP course on Digital Investigation Techniques and Google News Initiative course in 2024.
Email: simwajackie2022@gmail.com.
Queen Elizabeth II presents the trophy to owners Alain Wertheimer and Gerard Wertheimer, after their horse Solow won the Queen Elizabeth II Stakes Race. Photo: Getty ImagesSource: Getty Images
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Neeta Ambani, Mukesh Ambani,Anant Ambani and Isha Ambani attend the IPL opening celebration on March 11, 2010 in Mumbai, India. Photo: Prodip GuhaSource: Getty Images
Saudi Arabia’s Crown Prince Mohammed bin Salman attends a signing ceremony following a meeting of Russian President Vladimir Putin with Saudi Arabia’s King Salman. Photo: Alexey NikolskySource: Getty Images
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Axel Dumas attends the Hermes Beverly Hills New Boutique Unveiling at Hermes Boutique on September 3, 2013 in Beverly Hills, California. Photo: JB LacroixSource: Getty Images
David H. Koch accepts the Laureate Award at the Lincoln Center Spring Gala at Alice Tully Hall on May 2, 2017 in New York City. Photo: Dia DipasupilSource: Getty Images
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Jacqueline B. Mars arrives for the formal Artist’s Dinner honoring the recipients of the 39th Annual Kennedy Center Honors hosted by United States Secretary of State. Photo: Ron SachsSource: Getty Images
Robson Walton, Chairman of the Board, of Wal-Mart Stores, Inc. speaks during the Wal-Mart annual shareholder meeting in Fayetteville, Arkansas, June 4, 2004. Photo: Beth HallSource: Getty Images
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This file picture taken 19 November 1987 on the set of French television news programme “Le monde en face” shows banker David De Rothschild. Photo: Getty ImagesSource: Getty Images
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