Top 10 Richest Families in the World 2024

There are many prestigious families in the world mostly known for their super successful business ventures who have made millions and billions of fortune for themselves. Among them, the Walton Family is the richest with an estimated net worth of $242 billion shared among the different members of the family. In this article we are going to discuss the top 10 richest families in the world 2024 and also learn a little bit of detail about them.

Top 10 Richest Families in the World 2024

The table provides the list of the top 10 richest families in the world along with their net worth and their source of income.

FamiliesExpected Net worthSource of income
Walton Family$242 billionWalmart
Mars Family$150 billionMars Inc.
Koch Family$124 billionKoch Industries
Hermès Family$112 billionHermès
House of Saud$100 billionSaudi Aramco
Ambani Family$94 billionReliance Industries
Wertheimer Family$62 billionChanel
Johnson Family$61 billionJohnson & Johnson
Thomson Family$61 billionThomson Reuters
Boehringer, von Baumbach Families$59 billionBoehringer Ingelheim

World’s 10 Richest Families 2024

Now that you know about the world’s 10 richest families, their net worth and source of income, let us learn a little bit detail about them in detail.

Walton Family

Walton Family - top 10 richest families

The Walton Family holds the title of richest family of the world with total net worth of $242 billion. The family hails from United States and have garnered their massive wealth through their retail corporation Walmart. Walmart is the world’s largest retailer, world’s largest private employer and one of the largest business enterprises. The Waltons are also major philanthropist and have donated billions to the charity.

Mars Family

Mars Family

Mars Inc. is one of the biggest manufacturer of confectionery items and it is owned by the Mars family. The success of the company has made the Mars one of the richest families in the world with an estimated combined net worth of $150 billion. The family is very private and do not involve with the media so much.

Koch Family

Koch Family

The Koch family controls the Koch Industries which was founded by Fred C. Koch, an American chemical engineer and entrepreneur. It is one of the wealthiest families with the Koch Industries being their major source of income. Out of Koch’s four sons, two were involved with the business and are attributed with taking the Koch Industries to a new height. Check Richest People in the world

Hermès Family

Hermès Family

With a combined net worth of $112 billion, the Hermès family is among the top 10 richest families in the world, thanks to their super successful business venture with Hermes International. Established as a harness workshop for English nobles by Thierry Hermès, the company gradually turned into a French luxury design house. Other than the Hermès family, the Dumas family is also associated with this company.

House of Saud

House of Saud

House of Saud is the royal family of Saudi Arabia that was founded more than 300 years ago in 1720. After so many years, the family has only gotten richer and stronger and currently stands as one of the wealthiest families in the world. Saudi Aramco, a petroleum and natural gas company is one of the major source of wealth for this family.

Check: Richest Families in America

Ambani Family

Ambani Family

Dhirubhai Ambani founded the multi-industry company Reliance Industries which made the family one of the richest in the world. One of the biggest company in the world, Reliance Industries was also the first Indian company to cross 100 billion dollars in revenues. Mukesh Ambani, the eldest son of Dhirubhai Ambani, is the current chairman and managing director of the Reliance Industry.

Wertheimer Family

Wertheimer Family

The fortune of Wertheimer family turned in the 1920s when Pierre Wertheimer funded designer Coco Chanel. Now the company is managed by Pierre’s two grandsons, Alain and Gerard Wertheimer who have turned this company into an international luxury fashion house. The immense popularity of Chanel in turn have made the Wertheimer family pretty rich and powerful.

Johnson Family

Johnson & Johnson family

The owners of Johnson & Johnson, a renowned pharmaceutical company, the Johnson family  ranks eighth in the list of top 10 richest families in the world. Started as dental floss and first-aid kits manufacturing company, Johnson & Johnson turned into a global brand with the efforts of Robert Wood Johnson II. The current net worth of the family is estimated to be $61 billion.

Thomson Family

Thomson Family

Roy Thomson was the founder of the Thomson family when he established a media and publishing empire known as the Thomson Reuters. The family also owns the Toronto-based Globe and Mail newspaper and holds a stake in telecom giant Bell Canada. David Thomson is a key member of the family who looks over the complete family business.

Boehringer, von Baumbach Families

Boehringer, von Baumbach Families

Boehringer, von Baumbach Families is the tenth richest family in the world with a net worth of around $59 billion. The huge fortune of the family comes from the pharmaceutical company Boehringer Ingelheim founded in 1885 by Albert Boehringer. Boehringer Ingelheim is second largest pharmaceutical company of Germany and is managed by Hubertus von Baumbach, great-grandson of the company’s founder.

FAQs

Which is the richest family in the world?

Walton Family

Who is the richest person in the world?

Elon Musk

What is the net worth of the Walton Family?

242 billion dollars

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