The world’s wealthiest families not only amass staggering fortunes but also wield significant influence across industries and continents.
From the retail giants to oil dynasties and luxury fashion houses, these families have built empires that define global commerce and culture.
Here’s a closer look at the top 10 richest families in the world in 2024, per ranking via Investopedia, exploring their net worth and business ventures.
Richest Families in the World
Al Nahyan Family
Net Worth: $305 billion
Industry: Industrial, diversified investments
The Al Nahyan family is known to be the ruling and wealthiest family in Abu Dhabi . Their wealth amass from vast investments in various sectors, including oil, real estate, and finance.
Walton Family
Net Worth: $259.7 billion
Industry: Consumer Retail (Walmart)
The Walton family, Heirs to the Walmart empire, the Waltons have maintained their position through extensive global retail operations.
Hermès Family
Net Worth: $150.9 billion
Industry: Luxury fashion
The Hermès family owns the iconic French luxury brand Hermès known for its high-end fashion and accessories.
Mars Family
Net Worth: $141.9 billion
Industry: Confectionery, pet care
The Mars family is best known for their candy empire, including brands like M&M’s and Snickers, and has diversified into pet care.
Al Thani Family
Net Worth: $133 billion
Industry: Industrial, diversified investments
The Al Thani family is the ruling family of Qatar. The Al Thani family’s wealth primarily stems from their control over Qatar’s vast oil and natural gas reserves. Their investments in various industries, including finance, real estate, and infrastructure, have also contributed significantly to their wealth.
Koch Family
Net Worth: $127.3 billion
Industry: Diversified industrial
The Koch family, Owners of Koch Industries, one of the largest private companies in the world, with interests spanning multiple sectors.
Al Saud Family
Net Worth: $112 billion
Industry: Industrial
Al Saud family, the Saudi royal family, whose wealth is deeply rooted from their control over Saudi Arabia’s oil reserves and their investments in various industries.
Ambani Family
Net Worth: $104.3 billion
Industry: Diversified industrial (Reliance Industries)
The Ambani family’s wealth comes from Reliance Industries, with interests in telecommunications, retail, and digital services.
Wertheimer Family
Net Worth: $89.6 billion
Industry: Luxury fashion (Chanel)
The Wertheimer family’s wealth mainly comes from their ownership of Chanel, a renowned luxury fashion house. Their successful management and expansion of the Chanel brand have significantly contributed to their wealth.
Thomson Family
Net Worth: $71.1 billion
Industry: Media (Thomson Reuters)
The Thomsons are major players in the media industry through their ownership of Thomson Reuters, providing news and financial market information.
These families have diversified their investments across various sectors, ranging from traditional industries like oil and retail to luxury fashion and media, demonstrating significant influence and economic power globally.
Discover more from starmich blog
Subscribe to get the latest posts sent to your email.
