Top 10 Richest Families In The World - 2024 List (2024)

You may know who is the richest person in the world right now, but have you ever wondered who are the richest families with mammoth net worth? If the same question goes through your mind, I have your answer today.

In the past, we have talked about the richest directors, actors, musicians, and YouTubers, and in this post, we will discuss the richest families. Without wasting any more time, let’s get started.

These are the top 10 richest families in the world right now:

1. Walton family ($224.5 Billion):

Do you know the family behind Walmart? Yes, the same Walmart people like you and me go through each month (or week) for shopping. The company was founded by Sam Walton in Arkansas in 1962, and as of 2024, it is one of the biggest companies in the world that generates over $600 Billion every year.

The Walton family members, Jim, Alice, and Rob Walton, hold $65 Billion to their names, making them the richest family in the United States and the world, with a mammoth net worth of $224.5 billion. Walmart currently has over 10,500 stores worldwide, with over 2.1 million employees from various parts of the world.

You’ll be shocked that the Walton family earns around $4 million per Hour. That’s right, per Hour. It is much more than what an average American earns in their lifetime. I’m saying this for comparison purposes, and it was just an example I’m trying to show you here.

Industries Involved In-E-commerce and shopping retail stores worldwide.

2. Mars Family ($160 Billion)

The second richest family in the world is the Mars Family, with over $160 Billion net worth. The company has been ranked at the #1 position earlier; however, it holds the #2 position as Walton Family has surpassed them in terms of overall net worth.

If you don’t know, let me tell you the Mars Family owns a company called “Mars Inc.,” which is an American multinational manufacturer that produces various products such as confectionery and pet food. The company was launched in 1911 and is one of the few companies in the United States currently running after a century. Pretty cool, Right?

The key members of the family behind the company Mars are Jacqueline Mars and John Mars; both of them have a reported net worth of about $31.7 billion. According to Forbes, the siblings have been ranked the 41st position as the world’s richest person.

Industries Involved In-Food, Nutrition, Snacks & Pet Care.

3. Koch family ($128.8 billion)

I’m sure you may know about the Koch family, at least If you are based in the United States, as they are one of the influential families from the country who are active in political activities. However, they are mainly known as the family behind “Koch Industries,” whose expertise lies in energy, chemicals, refined oil, and more.

Fred C. Koch founded the company Koch Industries, and as of now, in 2024, the only family member active in the family business is Charles Koch. David Koch, the son, was also very active in the family business, but he passed in 2019, and only Charles is involved with the business.

The company’s net worth of the whole family stands at $128.8 billion, the third richest in the world. Charles Koch alone has a net worth of about $60 Billion, making him the 24th richest person in the world.

Industries Involved In-Refining and distributing petroleum, chemicals, energy, fiber, intermediates and polymers, minerals, fertilizer, pulp and paper, and much more.

4. Al Saud family ($105 billion)

This is the first non-US family on the list, but you can’t underestimate the power of this family. Al Saud Family is also known as the “House of Saud,” whose family members are between 10,000 and 20,000 and have a massive net worth of about $105 Billion. Currently, they are one of the Wealthiest Families in the World. Some people have estimated that numbers could be more than this one.

The major source of income comes from oil production and export, and they have a history of over a century in this field. The family also has an agreement with Saudi Aramco, one of the world’s largest oil exporter companies owned by the government of Saudi Arabia.

The family’s history goes way back to 1446 and is now nearly 577 years old, making them one of the oldest existing families in the world. The family existed in various countries before, but the family’s headquarters is currently in Saudi Arabia.

Industries Involved In-Oil Product and Export.

5. Hermès family ($94.6 billion)

As the name itself suggests, the Hermès family is the owner of Hermès, which is a popular luxury fashion brand founded in 1837 by Thierry Hermès. Yes, that’s 1837, which means the company is now 186 years old and one of the oldest running companies in the world right now.

The family owns around 20% of the company stake currently. If you are into fashion and luxury brands, I’m sure you may have come across the products of Hermès as they are quite popular in this niche.

With a whopping net worth of $94.6 billion, the Hermès family is one of the world’s richest and most powerful. The company Hermès is also publicly traded and currently costs 1,903.60 EUR.

Industries Involved In-Luxury fashion products, Footwear, Watches, Jewelry, Fragrance, and more.

6. Ambani family ($84.6 billion)

If you haven’t heard about this family before, let me give you a brief introduction to this company.

Ambani Family is the richest family in India, whose legacy started with Dhirubhai Ambani. Currently, the Ambani family is reported to have a net worth of about $84.6 Billion, and they have ventured into multiple successful businesses in India, which no other family has ever done before.

After the death of the main figure in the family, Dhirubhai Ambani, the company was split into two parts by giving shares to his two sons, Mukesh Ambani and Anil Ambani. However, only the former manages the key companies these days successfully, whereas the other son didn’t have much success for various reasons.

The Ambani family’s major company is Reliance Industries, which has many sub-brands such as Reliance Retail, Reliance Industrial Infrastructure, Network 18, Jio Platforms, Reliance Eros Productions LLP, and more.

Industries Involved In-Tele communications, Shopping, Energy, Media, Sports, Education, Infrastructure, Logistics, Film Production, Investments and Holdings, Petroleum and more.

7. Wertheimer family ($79 Billion)

Do you know which family is behind the ” Chanel ” popular fashion brand? If not, the answer is pretty simple, i.e., the Wertheimer family. Pierre Wertheimer and Coco Chanel were the founders of Chanel in 1910, and by the 1920s, the brand became huge because of their iconic products, which people hadn’t seen before.

The company is one of the best fashion brands in the world as they had an annual income of about $17 Billion in 2022, and the numbers are growing yearly. The company has 310 Chanel boutiques worldwide, and the total number of employees is 32,000, which is huge.

The company is owned by two grandchildren, Alain and Gerhard Wertheimer, which they inherited from their grandfather, and both have a net worth of about $31.2 Billion. According to Forbes, these two brothers are the 41st richest people globally. This makes them the 7th richest family in the world.

Industries Involved In-Fashion Products, Eye Wear, Watches, Jewelry, and more.

8. Cargill, MacMillan family ($65.2 Billion)

I’m sure you may have heard about Cargill or used their product because they are one of the most popular and profile companies in the United States, which was started by William Wallace Cargill in 1865.

According to a few reports, Cargill is the largest private company in the United States in terms of revenue. The company generated over $165 Billion in 2022 alone, which hints at how big the company is.

The company is now managed by William W. Cargill and his son-in-law, John H. MacMillan. The family now has a net worth of about $65.2 Billion and is one of the richest families in the world.

Industries Involved In-Agriculture, Pharmaceutical, Food & Beverage, Animal Nutrition, Bioindustrial and more.

9. Thomson family ($53.9 billion)

Thomson family is the owner and manager of the Thomson Reuters media group. The company was started by Roy Thomson in 1930 in Canada, and currently, it is one of the richest families in the world with a net worth of around $53.9 Billion.

Initially, the company’s main focus was radio stations, but after that, they moved to newspapers. The company generated over $704 million in 2022, an increase from the previous year.

Right now, the company is being managed by David Thomson, the grandson of the company’s founder, Roy Thomson. David now holds the #23 position as the world’s richest person, with a mammoth net worth of about $56.2 Billion.

For your information, he is the richest man in Canada right now. Thomson Reuters is also publicly traded on The Toronto Stock Exchange.

Industries Involved In-Media and Newspaper.

10. Hoffman, Oeri family ($45.1 billion)

The last family on our list of the richest families in the world is the Hoffman Oeri family, who has a net worth of about $45.1 Billion. The major source of income for the family is the pharmaceutical company “Roche,” a Swiss-based company founded by Fritz Hoffmann-La Roche in 1896. It is one of the most profitable pharmaceutical companies in the world, which generated around $68.7 billion in the financial year 2021.

The company’s headquarters is located in Basel, Switzerland, and various stakeholders now own it; however, the Descendants hold around 9% of the company. One of the notable stakeholders in the company is Novartis, a Swiss multinational pharmaceutical based in the same city as Roche.

Industries Involved In- Pharma

Conclusion:

As I mentioned earlier, most people are familiar with the richest persons in the world because they are individual and easy to remember, but not a lot of people remember the Richest Families In The World, and that’s the reason I have made these separate posts so that you can refer them whenever you want. I hope you have found this list useful for gathering new information.

If you want to create a list of other sets of people you want to see on our site, comment below, and I’ll try my best to publish it for you as soon as possible. Thank You.