The group of members of the richest families in the world owns a third of the world’s wealth, exorbitant amounts of money and assets from giant business projects, achieving this their brands are spreading and are known all over the planet.
In fact, there is one family that stands out from the rest, as they top the ranking of the richest families in the world. Your combined net worth, i.e. the amount of money between all members, the amounts 347 billion dollars (around 320 billion euros). But who is this family that has managed to accumulate so much fortune and what do they do?
The Waltons, the richest family in the world
This could be a family dedicated to developing a luxury fashion brand or a company dedicated to building and selling large yachts, for example. But no. The richest family in the world is the Waltons, who a chain of department stores offering discount goods, supermarkets and other stores.
This is the famous company Walmartwhich is dedicated to retail sales. It is of American origin and its first store opened in 1962 in Rogers (Arkansas), later becoming the largest retail company in the world and with the largest workforce, totaling more than two million ’employees.
Sam Walton was the businessman who started this company, with a business idea that consisted of selling products at low prices and with discounts in favor of the consumer to obtain higher sales volume with lower profit marginuntil it became the multinational retail company it is today.
Currently, Walmart is a multinational, family-owned company, almost 50% owned by members of the Walton family. In 2022, they celebrated their 60th anniversary and serve over 200 million customers every week. in more than 11,000 stores in 27 countries around the world.
The other richest families in the world
While Walton and Walmart amass the largest fortune as the world’s richest family, others follow the list and aren’t far behind either. This is the case of second place, occupied by THE Al Nahyan family, with 305 billion dollars. This is the royal family of Abu Dhabi, which overtook the Waltons in 2023, but fell again to second place, as reported by specialist media. How it works.
Third place in the ranking is occupied by French Arnault familywith a net worth of 191.8 billion among its members. This family owns and operates the LVMH Group, one of the largest luxury goods companies (Moët, Hennessy and Louis Vuitton). She is followed by another family dedicated to luxury, the Hermes family, with an estimated fortune of $151 billion, dedicated to high-end retail.
On the other hand, there is the Koch familywith $144 billion, are the founders of Koch Industries. Sixth, the Al Thani familywith an estimated net worth of $133 billion, is the ruling family of Qatar. Seventh, the March familywith a role in one of the largest privately-held candy and candy bar companies in the United States ($120 billion).
In the last three positions are the Ambani family ($116 billion), which developed the 4G telecommunications service in India; THE Al Saud royal family (112 billion), which is the royal family of Saudi Arabia and, in tenth place, the Helu family (90 billion), with the most dominant telecommunications company in Latin America, América Móvil.
