SAUDI ROYAL FAMILY TOP’s THE 10 WEALTHIEST FAMILIES IN THE WORLD 2022.
Riches comes with great time, effort and dedication to once goal and objectives to acquire and accrue, to be listed in the world’s richest family comes with its own landmark.
Families making headlines in riches and ranks of different diaspora in the world have been put together as the 10 wealthiest families in the world, we shall be discussing extensively on families who are on the global record of riches on the multitudes of families on the surface of the earth, we shall be looking at their history, pedigree, businesses, assets, and network. Their success story.
Fine out who makes the Top 10 Wealthiest Families in The World 2022
1. SAUDI ROYAL FAMILY
Dating back almost a century with a monarchical history of mammoth fortune, the House of Saud, the Saudi royal family is estimated to be worth $100 billion. This significant increase in wealth is as a result of decades of payments from the Royal Diwan, the king’s executive office.
Ties with Saudi Aramco, the world’s most profitable company and a lucrative oil industry, ensure that the Saudi royal family continues to accumulate wealth. It’s difficult to accurately assess the wealth of the House of Saud, in part because the family contains as many as 15,000 extended members, many of whom have founded businesses, received government contracts, and more
ESTIMATED NET WORTH: $480 BILLION
2. THE ROTHSCHILD FAMILY, GERMANY
Second on the list is the Rothschild family, The Rothschild family is the most famous of European banking dynasties, dating back as a banking house to the late 18th century. The Rothschilds had considerable economic influence in Europe during the 19th and 20th centuries. They are also known for numerous acts of charity
Estimated Net Worth: $450 billion.
3. The Walton Family, US
The popular business mogul Walmart a retail behemoth established by Sam Walton in Arkansas in 1962, Walmart is now the world’s largest company by 2021 revenues, with over 2.2 million U.S. associates Ranked No. 17, 18, and 19, respectively, on Forbes’ billionaire list the Walton siblings Alice, Jim, and Rob. The company operates nearly 10,566 retail stores worldwide and 4,742 stores in the U.S. as of February 2022, the employees size could be fifth most populous American city if they could be called a city.
Estimated Net Worth: $250 billion
4. THE KOCH FAMILY, US
Forth on the list is Koch’s with a company founded by father Fred Koch as an oil and gas refinery holds in the late 1940 but expanded under the leadership of the two siblings Charles and David. This company is globally known to be second-largest private holdings, they also deal with trading, real estate, etc. Charles and brother David had been in charge of the business until the latter’s death in 2019. Charles is worth an estimated $46 billion, tied for the 27th spot with brothers widow Julia Koch and family on Forbes billionaires list
Estimated Net Worth: $130 billion
5. Ambani Family
Indian industrial conglomerate Reliance Industries, the only Asian company on our list, might be the least well known to average readers. Nevertheless, CEO Mukesh Ambani, whose late father founded the company in 1957, is 10th on Forbes’ billionaires’ list, overseeing the company’s refining, petrochemicals, oil, gas, and textiles; his brother, Anil, manages telecommunications, asset management, entertainment, and power generation.
Estimated Wealth: $94 billion
6. THE MARS FAMILY, US
This family attained its financial power from the commercialization of candies and varieties of sweets. Founded by father Franklin Mars in 1911, the son Forrest expanded operations to the world as the largest producer of sweet candies and has continually increased the net worth of the family
Estimated Net Worth: $90 billion
7. THE SLIM FAMILY, MEXICO
This family once ranked highest on the richest family list, dropped due to the contenuous change in economic policies and emerging family business moguls.This family operates in stock exchange and owns almost 40 percent of Mexico’s equity value. The family estimated net worth was put at about $62.1 billion U.S dollars including foxed and movable assets.
Estimated Net Worth: $62.1 billion
8. THOMSON FAMILY
The Thomson family garners its wealth from Thomson Reuters, the media company. The family got its start in the 1930s when Roy Thomson started a radio station in Ontario, Canada, and later moved into newspapers. Roy Thomson’s grandson David Thomson is the chairman of Thomson Reuters. He ranks 33rd on Forbes’ billionaire list with a net worth of $42 billion.
Estimated Wealth: $61 billion
9. BOEHRINGER, VON BAUMBACH FAMILIES
Boehringer Ingelheim is a German pharmaceuticals company with more than 130 years of history.30 The Boehringer family, along with the von Baumbachs, remain in control of the company several generations later.31
Estimated Wealth: $59 billion
10. THE ARNAULT FAMILY, FRANCE
This family is the 9th richest family in the world. The father started the brand and later the two sons were incorporated into the family business which is growing wide and covers a large range.
The Arnaults are known for their big brands and luxurious life style (Hennessy Louis Vuitton). The founder who is the father and patriarch (Bernard Jean Etienne Arnault) is still the incumbent director of the company aided by Delphine and Antoine his two sons
Estimated Net Worth: $37.7 billion