Top 35 Richest Families in the World of All Time

For the majority of the previous two decades, Will you ever rank among the world's wealthiest people? There are a huge number of richest families in the world of all time who earned fame and wealth in different industries and still known for their great work. 

Wealth is not dispersed even relatively near to equitably, which is a hard truth about our species. As long as people have traded products and services for money, there have been some who, fairly or unfairly, has managed to amass a sizable collection of legal cash. The elite are divided into two groups: the elite and the elite among the elite. Few people will ever fully comprehend the amount of fortunes The richest family in the world have built their wealth over many years, and in some cases even centuries. The richest families on Earth have more control over resources than nearly all of humanity combined.

You probably aren't even aware that their businesses, which range from owning some of the biggest retail brands, banks, hotels, supermarkets, and more, are a part of your life. Look at the astounding wealth of the world's richest families. Even if the dynasties of long-gone kingdoms and empires were wealthy, their money hoard paled in comparison to the centuries and the modern era's titans of wealth. Elon Musk, the CEO of Tesla, among many other businesses, has an estimated net worth of over $220 billion, making him the richest individual in human history.

But let's not lose sight of the fact that Musk is "new money," and the self-made tech billionaire is not descended from affluence. The same goes for fellow tech titan Jeff Bezos, whose cash hoard is estimated to be worth over $160 billion. Instead, let's examine the "family" wealth held by the 35 richest families in the world, which totals more than a truly astounding $1.5 trillion.

1-35 List

1. Walton Family Story-US- Retail giant Walmart 

If you have even purchased a single pair of socks from Walmart, you have contributed in some little way to the Walton family's enormous wealth. In the 1950s, Sam Walton opened a small "Walton's 5-10" store in the Bentonville, Arkansas, town square. It is still there as the Walmart Museum's front, which charts Walton's rise from a shopkeeper in a small village to the unquestioned supremo of American retail.

Because of its immense size and use of Walton's "category killer" business model, Walmart handles an astounding 50% of all grocery sales in various parts of the nation. Walton's estimated net worth at the time of his death in 1992 was $8.6 billion, a pittance in comparison to the $238 billion fortune the Walton family now enjoys as a result of the expansion of the Walmart brand internationally.

However, the Walton family is investing some of its wealth in the neighborhood rather than hoarding it all. As a result of the family's extensive art collection, Alice Walton contributed funding to the construction of the Crystal Bridges Museum in Bentonville. Additionally, the Walton Family Foundation still supports charitable causes around the globe. Do you believe you will one day join the top 30 richest families? So get to work as many of these former small-time business owners have.

2. The Mars Family Story- US-food manufacturer

The Mars family owns Mars Inc., one of the biggest candy and pet food businesses in the world with $40 billion in annual sales. On the board of directors and at the corporation are several members of the family.

Frank Mars started selling sweets out of his Tacoma, Washington, kitchen in 1911, which is when Mars was first established. Forrest Sr., Frank's son, joined the business in 1929 and assisted his father in creating the malt-flavored nougat that served as Milky Way's foundation. Mars' pet care branch was enlarged in 2017 with the $9 billion acquisition of VCA, a provider of animal hospitals.

Twix, Milky Way, M&M's, Snickers, and Mars Bars, which bear the name of the family whose extraordinary riches were built on the backs of so much refined sugar, are just a few of the delicious candies made by Mars Inc. According to Forbes, six members of the Mars family, who call Virginia home, are among the 400 richest people in the world. They will undoubtedly remain among the richest families in the world for some time because of America's insatiable sweet tooth.

3. The Koch Family Story-US-political activities

When he co-founded the Wood River Oil and Refining Firm in 1940, Fred C. Koch established America's biggest private company, Koch Industries. The Koch family is an American business family that is best known for their involvement in politics and for controlling Koch Industries, the biggest privately held company in the country. Bloomberg estimates the Koch family's net worth to be $124.4 billion.

The Kochs of Kansas is the "hardest-up" of the three American families that make up the top three wealthiest families in the world. Brothers David took the oil company of their father to new heights and Charles Koch (pronounced "coke"), who now bring in more than $115 billion annually. Inheriting $53 billion after David Koch's passing in 2019, Julia became one of the richest women in the world.

The Koch brothers were never reluctant to use their wealth to sway politics. They gave freely outrageous sums to promote deregulation and other causes that were important to them because they wanted to, well, make more money.

4.The Dumas (Hermes) Family Story-France-fashion and luxury.

Fashion and luxury are major business, as we recently heard from the Wertheimers, but not even the Chanel dynasty can stack up its mile-high tower of wealth as high as the Dumas family, which is the owner of the ultra-chic fashion label Hermès.

When Thierry Hermes first began producing horse equipment for the nobility of France in the 19th century, the brand succeeded well, but it might not have been as successful if Hermes' descendant Jean-Louis Dumas had not introduced Hermès to the world in the 1970s.

The family still manages the 200-year-old fashion line, which brought in 6.8 billion euros ($8 billion) in 2019. It must lead to some awkward conversation when the Wertheimers and Dumas cross paths at the caviar bar.

5. The Al Saud Family Story-Saudi Arabia-oil industry

Abdulaziz Al Saud founded the Kingdom of Saudi Arabia in 1932, and less than a century later, it's one of the richest countries in the world because of, you guessed it, oil. The oil bonanza's wealth is divided among the royal family's members. The personal fortune of the 35-year-old Crown Prince Mohammed bin Salman, also referred to as MBS, exceeds $1 billion.

The Saudi royal family has understandably indulged in some very extravagant spending as a result of their immense wealth. They have purchased gold and diamond cars, gilded bathrooms, and even a specially arranged flight for falcons. Falcons, indeed.

6. The Ambani Family Story-India- Energy, natural resources, textiles, telecommunications, petrochemicals industries

Oil is called "black gold" for a reason. Ask the Ambani family of India, who has amassed more than $80 billion as a result of striking it extremely, extremely rich by mining the Earth's lifeblood.

Initially employed as a gas station attendant, Dhirubhai Ambani decided to form Reliance Commercial Corporation rather than accept this as his fate. One of Ambani's sons, Mukesh Ambani, is in charge of the energy giant, which is now known as Reliance Industries.

Business Insider says the younger Ambani enjoys relaxing at his 400,000-square-foot, 27-story house when he's not drafting up reports. He must get lost in there, for sure.

7. The Wertheimer Family Story-France-Racehorses, vineyards, and the fashion house Chanel

Pierre Wertheimer created fashion designer Coco Chanel in 1924 for a perfume contract in Paris. His son took over the business in 1963 after his father passed away. Currently, brothers Alain and Gerard Wertheimer own racehorses, vineyards, and the fashion house Chanel. The Wertheimer family's current estimated net worth is $61.8 billion.

It's understandable if you haven't heard of Pierre Wertheimer, but do you recognize the name, Coco Chanel?

As Parisian fashion designer Chanel sought to establish herself in the years between the two world wars, Wertheimer took a chance and invested in her company. Chanel died in 1971, but because of the Wertheimer family's diligent work and guarding of its cash cow, her name continues to live on. Chanel is currently run by Wertheimer's grandsons Gerard and Alain, and the global fashion house generated $12.3 billion in sales in 2019.

8. The Johnson Family Story-United States-mutual-fund 

Not to be mistaken with the "poorer" S.C. Johnson family of Wisconsin (No. 15 on our list), the Johnson dynasty of Boston has been the ruler of financial services juggernaut Fidelity Investments for three decades.

Edward C. Johnson II formed the corporation in Massachusetts’ capital and New England’s financial center in 1946. His son Edward III, who left day-to-day management in 2014, replaced him. Abigail, Edward III's daughter, now serves as CEO, while her father still serves as board chairman. With an anticipated $21 billion in sales for the company in 2020 alone, she has persisted in keeping the company in the game.

According to Forbes, the Johnsons collectively hold 49% of the second-largest mutual fund in the world. We can't bear to consider whoever owns the remaining 51% of the vacation property.

9. The Thomson Family Story-Canada-media and publishing 

Roy Thomson bought the Timmins Daily Press in Ontario as a fledgling entrepreneur, imitating Hearst in the process. He established the Canadian Weekly Review in order to cater to Canadians who had immigrated to the United Kingdom by the 1950s when he owned about two dozen publications. Prior to his passing in 1976, Thomson himself relocated to Scotland and continued to acquire newspapers and media companies.

The Thomson family has expanded their empire by purchasing Reuters and establishing the Thomas Reuters megacorporation. David, the grandson of Roy, currently serves as both the company's chairman and the publisher of Canada's Globe and Mail. The family also runs businesses providing lodging and banking services. 

10. The Boehringer and Von Baumbach Families Story-Germany-pharmaceutical company 

We are now entering the very, very, very severe financial realm. A modest druggist by the name of Albert Boehringer founded a business in 1885 that sold tartar and other types of dental adhesives. After more than 130 years, the Boehringer Ingelheim group, which employs around 50,000 people, is the second-biggest pharmaceutical firm in Germany and among the 20 largest in the world.

Hubertus von Baumbach, Albert's great-grandson, is in charge of running the business, but nothing else is known about Hubertus and his family. They are reputed to be exceedingly quiet and press-shy.

According to what is known, the von Baumbach and Boehringer dynasties invested some of their tremendous financial muscle in research on a vaccine for the disease in 2020, and the company made an amazing 19 billion euros ($22.5 billion) in 2019 alone.

11. The Cargill and MacMillan Families Story-U.S.-Commodities business

Another immigrant success story is Scotsman W.W. Cargill, whose grain storage company in Minneapolis experienced explosive growth as a result of the westward expansion that increased demand for such products to be shipped ever further west. Cargill's eponymous company now generates more than $100 billion in annual revenue as a result of more grains being grown in the Midwest.

According to Forbes, only six of Cargill's relatives remain on the board of the business. On the other hand, the Cargill-MacMillan family boasts a staggering 14 billionaires, making them the richest family in the world. That is a tremendous amount of bread.

 12. The Albrecht Family Story-North German- Discount supermarket

Theo and Karl Hans Albrecht may have been among the first to profit greatly from substantial discounts.

The German brothers took over their mother's secondhand shop after World War II, expanding Aldi (short for "Albrecht discount") to hundreds of stores across Europe and the rest of the world. In 1979, the family even acquired the Trader Joe's chain, giving them a monopoly on a sizable portion of the supermarket market.

The Albrechts, according to Business Insider, don't lead flamboyant lives and give few interviews. Still, they tend to quarrel about the vast wealth the family owns, just like many other extremely wealthy families.

13. The Lauder Family Story-New York- Skincare business

Estée Lauder's parents, first-generation Hungarian-Czech immigrants, raised her in Queens. She began selling cosmetics at upscale salons in New York before starting her own skincare business. She began accepting sizable orders from Saks Fifth Avenue within a year.

International customers can still purchase cosmetics, skin and hair care items, and fragrances under the Lauder name. Although Estée Lauder is no longer alive, her family continues to run the business, which generated $16.2 billion in revenue in 2021. Estée Lauder, a native of Queens, started a cosmetics company in 1946 with her husband after creating skin treatments in her kitchen.

Currently, six billionaire Lauder family members control shares of the publicly traded business, which has 29 brands under its umbrella, including MAC, Origins, and Clinique. Leonard joined Estée Lauder in 1958 and worked for the company for more than three decades, helping it develop into a $14.3 billion (2020 sales) global cosmetics powerhouse.

William Lauder, a son of Leonard, currently serves as the company's chairman, and Ronald Lauder is in charge of its Clinique division. Aerin, Ronald's eldest child, serves as Estée Lauder's style and image director. Jane, his eldest daughter, is the CEO of Clinique. The Metropolitan Museum of Art received a $1 billion contribution from Leonard Lauder's enormous collection of Cubist art in 2013.

14. The Hoffmann and Oeri Families Story-Switzerland- Healthcare corporation

In order to expand the availability of at-home cures, Fritz Hoffmann-La Roche established the healthcare corporation Roche in Basel, Switzerland, in 1898. The business had spread into America and across Europe by the middle of the 1910s. The pharmaceutical behemoth sells conventional medicine in the twenty-first century and funds studies into the DNA roots of ailments and potential treatments. La Roche's descendants have acquired many brands throughout the years, and Roche is still one of the biggest companies in pharmaceuticals and vitamins worldwide.

 15. The Mulliez Family Story-France-Apparel, electrical appliances, restaurants, and retail.

One of the richest families in France is involved in a wide range of industries, including apparel, electrical appliances, restaurants, and retail. The Auchan department stores and well-known French sporting goods brands like Décathlon were substantially responsible for the Mulliez family's financial success. The empire currently spans 30 nations and has more than 7,000 outlets. However, nowhere is their influence more apparent than at home in France. In fact, according to one estimate, the Mulliez family receives about 10% of all the money French families spend on home goods.

16. The Quandt Family Story-German-Automaker BMW

It is said that there is a significant crime hidden behind every tremendous fortune. Although Bayerische Motoren Werke (more commonly known as BMW) existed long before the Second World War, the Allies brutally bombarded their Munich factories, which produced motors and planes for Hitler. Before businessman Herbert Werner Quandt changed the company's course after the Nazis were defeated, BMW was on the verge of bankruptcy. The Quandt family did exceptionally well; today, having a "Beemer" unquestionably conveys a sense of status.

Investigators later learned that Quandt and his father had used slave labor to aid the Nazi war effort. Still, the family has since promised to make amends by donating a portion of its great wealth to projects that would help others learn about those terrible years.

17. The Dassault Family Story-France-Aerospace and software conglomerate 

In the late 1800s, Marcel Dassault was born in Paris. He created an aeroplane propeller that the French military used extensively during World War I. By the 1960s, Dassault Aviation was a significant manufacturer of military aircraft, particularly the fighter jets Mirage and Rafale. A 3D modelling firm is only one of several that creates wind tunnels, the Dassault Group currently has software, media, and real estate businesses. Over $5 billion in revenue has been produced by the 3D modeling business alone. 

On May 28, 2018, Serge Dassault, 93, passed away. He served as the chairman of the family-owned aerospace and software company Dassault Groupe. Dassault Aviation, a French aerospace business that initially produced propellers during World War I, was founded by Dassault's father, Marcel. In addition, Dassault and his family own a winery, properties in Paris, an art auction business, and the nation's daily newspaper, Le Figaro.

18. The Newhouse Family Story-New York City-Media business

It's terrible to say, but publishing used to be a respectable way to make money if done properly. Advance Publications was founded in 1922 by Samuel Irving "S.I." Newhouse, and after numerous acquisitions, purchases, and wise decisions, the business now generates annual sales in the billions of dollars. It is mainly made possible by the portfolio's assets, including The Vogue, New Yorker, Vanity Fair, newspapers in more than 20 cities,controlling and newspapers in more than 20 cities, stakes in Reddit and Discovery Communications. Samuel and Donald, two of S.I.'s sons, are still active in the family business even though they are in their 80s. They continue to be proud of some of their own offspring.

19. The Van Damme, de Spoelberch, and de Mevius Families Story-Belgium- Consumer industries

Adolphus Busch, a German immigrant, and his father-in-law, Eberhard Anheuser, established a brewery in St. Louis in the 1850s. The city was home to many other new Americans of German descent, and the Mississippi River provided a reliable water source.

Busch's estate was over $60 million when he passed away in 1913, and his line of succession continued brewing. Even Prohibition was unable to bring down the business, which shifted to producing "near beer" and other consumer items. Still, since 1933, it has resumed producing millions of gallons of beer each year.

Since Anheuser-Busch and InBev amalgamated in 2008, every bottle of Budweiser purchased in the United States has sent money abroad, making the families of Van Damme, de Spoelberch, and de Mevius very happy indeed.

20. The Cox Family Story-United States- Communication business

It's conceivable that William Randolph Hearst would have expanded into cable and other forms of mass media for the digital age if he had been born a century later than he was. James M. Cox (born 1898), who began by buying the Evening News in his birthplace of Dayton, Ohio, followed Hearst, who was born in 1863, into the news business.

Similar to Hearst, Cox's family has continued to amass a growing number of media outlets. Cox Communications employ more than 20,000 employees now throughout its cable T.V., broadband internet, and other operations. Many of James M. Cox's grandkids continue to work there and split the enormous money among themselves.

21. The Rausing Family Story-London-packaging sector

Swedish businessman Ruben Andersson gambled on the packaging sector in the 1920s and rapidly made enough money to buy out numerous partners. By the 1950s, he had even changed his last name to Rausing and started the food-packaging company, Tetra Pak.

Hans, Ruben's son, relocated to the U.K. in the 1980s to escape high Swedish taxes, but when he stood down as Tetra Pak's CEO, he still made a tidy profit by giving his brother Gad his share in the business in exchange for $7 billion.

But enormous prosperity frequently coincides with great sorrow. Eva, Hans' wife, was previously detained in 2008 for attempting to smuggle crack cocaine and heroin into London U.S. Embassy, and she passed away in 2012 from what appeared to be a drug overdose.

22. The Kwok Family Story-Hong Kong- Real estate business

Given how cramped and busy this global center of trade is,One of the most expensive states in the world is Hong Kong and those who hustled in the real estate business here have made out like bandits. None more so than Kwok Tak-Seng, who rose to the position of wealthiest real estate agent in the formerly semi-autonomous territory that formally returned to Chinese rule in 1997 after Britain's 100-year lease expired.

Walter, Raymond, and Thomas Kwok's sons were unhappy despite receiving a $30 billion inheritance, and the siblings have been fighting since their father's passing in 1990. In fact, after Walter's kidnapping, younger brothers Raymond and Thomas expelled him from the family. Although Walter passed away in 2018, Raymond and Thomas, who were detained in 2012 on suspicion of bribery, have had a challenging existence. Sheesh.

23. The Pritzker Family Story-Chicago, Illinois-entrepreneurship, and philanthropy

The Hyatt hotel brand is well-known around the world, but less well-known is the fact that there isn't a Mr. or Mrs. Hyatt. Instead, businessmen Jack Dyer Crouch and Hyatt Robert von Dehn founded the first Hyatt House in the 1950s. The Pritzker brothers saw enormous money in growing their hotel's airport-adjacent strategy because it was located right next to the Los Angeles airport. The Pritzkers acquired von Dehn and Crouch's land and quickly popularised the notion of placing hotels close to airports.

Today, thousands of structures throughout the world bear von Dehn's odd first name, thanks to Pritzker's vision. Most of them are located a long way from raucous airports.

24. The Ferrero Family Story-Alba (Italy)- confectionary sector

One of the guiltiest joys is scooping spoonfuls of Nutella, and we owe at least some of that to Michele Ferrero, who in the 1940s was only trying to find a method to increase the sales of the family chocolate shop. Ferrero's company continues to produce Nutella and other sweets, including Tic Tacs, Kinder, and Mon Chéri. The Ferrero's are Italy's richest family, even though some of them may not be widely recognized on this side of the Atlantic due to the years-long sale of enough sugar.

 25. Rupert Murdoch & family-Australia-Media Industry

The Times of London, The Wall Street Journal, and the cable news network Fox News are all under Murdoch's control. In March 2019, Murdoch agreed to pay Disney $71.3 billion for the majority of Fox's film studio, F.X., National Geographic Networks, and its share in Star India.

Lachlan Murdoch, Rupert Murdoch's son, is in charge of the new Fox, which includes the broadcast, cable news, business, and sports networks. He first encouraged Mike Bloomberg to challenge Donald Trump for the presidency, despite several of his businesses being recognized for their conservative leanings. \Murdoch, an Australian native, received a newspaper at the age of 22 from his deceased father, a former war journalist.

26. The Chearavanont Family Story-Thailand-agricultural Industry 

The Charoen Pokphand Group first opened its doors in 1921 thanks to Thai businessman Chia Ek Chor. That modest little business has grown to become one of the biggest in the world a century later. It not only controls holdings in popular companies like Honda, Heineken, 7-Eleven, and the True Corporation but also enjoys a sizable portion of the Asian food market. The company is still maintained by several of Chia Ek Chor's descendants, including his son Dhanin and Dhanin's sons, Suphachai and Soopakij.

27. The Lee Family Story-Florida- Various industries in manufacturing 

Have you purchased anything from Samsung before? If so, you have improved the Lee family, who owns the cellphone manufacturer, and several other companies in South Korea. The Lees' meals, though, weren't always blue-plate specials. According to Business Insider, Lee Byung-Chul invested merely $25 to start a dry goods shop in 1938. The family eventually moved into hospitality, electronics, insurance, advertising, and even the manufacturing of weaponry over many years of diligent work. By 2014, Lee Byung-$25 Chul's investment had soared to a cool $529.5 billion in corporate assets. His offspring are still enjoying life.

28. Duncan Family Story-Scotland- pipeline business

Before Dan Duncan became wealthy in the pipeline business, the Duncan family had modest origins in a remote area of Texas. In 1968, he formed Enterprise Products Partners, and when he passed away in 2010, his four children received his fortune. At the time, the estate was valued $10 billion, and its value has since more than doubled. The majority of his children have little participation in the business. However, Randa, his daughter, has been a board member since 2013. 

29. Hearst Family Story-United States-journalism

The father of William Randolph Hearst was a wealthy individual. In 1887, when he was only 24 years old, he acquired The San Francisco Examiner. After that, he started acquiring more newspaper firms, television companies, and radio broadcasting networks like he was collecting loose change. His grandson is currently the chairman of the Hearst Corporation, and his son went on to earn the Pulitzer Prize for journalism.

30. The Brown Family-Washington-alcoholic beverage Industry 

The Brown family is responsible for creating the brands of Finlandia vodka and Jack Daniel's whiskey. The family creates a number of the most well-known alcoholic beverage brands as owners of the Brown-Forman Corporation. Before starting the business in 1870, George Garvin Brown worked as a salesman for a pharmaceutical company. He titled the industry after both of them in 1890 after forming a partnership with his accountant, George Forman.

When his partner passed away, Brown bought out his partner's shares, and the family currently owns around 50% of the publicly traded company. The board chairman is one of his grandsons. They are also among the few significant companies embracing the small-batch spirits craze.

31. Elon Musk-South Africa-computer manufacturer

Elon Musk co-founded six businesses, including the electric vehicle manufacturer Tesla, the rocket manufacturer SpaceX, and the company Boring Company. Between stock and options, he owns around 25% of Tesla, but he has given more than half of that ownership as security for loans.

SpaceX, following a fundraising round in May 2022,which was started in 2002, will be valued at $127 billion, quadrupling in value in just three years. In April 2022, Boring Company, which seeks to eliminate traffic, raised $675 million at a $5.7 billion value. The board of Twitter decided to sell the firm to Musk in April 2022 for $44 billion after Musk revealed a 9.1% share and threatened a hostile takeover. In July 2022, The agreement was cancelled, according to Musk, due to worries about bots.  Twitter filed a lawsuit, and the case will be heard in court in October.

32. The Bill Gates-United States-software industry 

Bill Gates invested in clean energy as part of his diversification of holdings after making his wealth at the software company Microsoft. Bill and Melinda made separate Twitter announcements in May 2021 that their 27-year union was coming to an end. They remain joint chairs of the philanthropic Gates Foundation.

Gates and Paul Allen (d. 2018) founded Microsoft in 1975, and he has handed Melinda shares in publicly traded companies worth at least $5.7 billion.

In March 2020, when he resigned from the Microsoft board, Gates owned roughly 1% of the company's stock. He is one of the largest American owners of agricultureand has invested in numerous businesses, including Canadian National Railway and AutoNation. Gates has given the Gates Foundation close to $57 billion so far, including a $20 billion grant that was disclosed in July 2022. His early donations were primarily in the form of Microsoft shares.

33. Larry Page- U.S.-automobile businesses

Page amassed a substantial amount of riches thanks to the creation of Google. According to the Bloomberg Billionaires Index, Page's estimated net worth as of September 2022 was $94.9 billion, ranking him as the seventh-richest person in the world. Additionally, he has funded the flying automobile businesses Opener and Kitty Hawk.

After stepping down as Alphabet's CEO in December 2019, Larry Page is still a member of the board and the majority stakeholder of the business. He established Google with fellow Stanford Ph.D. student Sergey Brin in 1998. Page and Brin developed the PageRank algorithm, which powers Google's search engine.

In 2001, Eric Schmidt succeeded Page as CEO.  Page led Alphabet, Google's former parent company, from 2011 until 2015. He is a founding investor of Planetary Resources, which conducts space exploration, in addition to supporting the "flying vehicle" companies Kitty Hawk and Opener.

34. Steve Ballmer-Seattle, Wash.-  software company

The energetic former CEO of Microsoft, Steve Ballmer, served in that position from 2000 until 2014.

After quitting Stanford's MBA program, he started working for Microsoft as employee number 30 in 1980.

Ballmer guided Microsoft through efforts to catch up to Google in search capabilities and Apple in mobile phones after the initial dot-com meltdown.

He purchased the NBA's Los Angeles Clippers for $2 billion the same year he announced his retirement from Microsoft. Since 2014, he has increased his generosity and contributed more than $2 billion to a donor-advised fund with the goal of assisting Americans in escaping poverty. He invested $59 million in Social Solutions in 2018, a company that develops software for nonprofits and governmental organizations.

35. Mark Zuckerberg-California- Social marketing

Zuckerberg's social network, Facebook, has served as a central source of information during the epidemic but has been under criticism for disseminating false information about vaccines. Antitrust lawsuits filed by states and the federal government that may have forced Facebook to sell off Instagram and WhatsApp were dismissed by a judge in June 2021.

When Zuckerberg was 19 years old, he created Facebook at Harvard so that students could search for classmates by name and view their images. In May 2012, he made Facebook public; as of this writing, he holds 12% of the company's equity.

Zuckerberg's social network, Facebook, has served as a central source of information during the epidemic but has been under criticism for disseminating false information about vaccines. Antitrust lawsuits filed by states and the federal government that may have forced Facebook to sell off Instagram and WhatsApp were dismissed by a judge in June 2021.

When Zuckerberg was 19 years old, he created Facebook at Harvard so that students could search for classmates by name and view their images. In May 2012, he made Facebook public; as of this writing, he holds 12% of the company's equity. Zuckerberg and his partner, Priscilla Chan, announced their intention to donate 99% of their Facebook stock over the course of their lives in December 2015.

Final Thoughts

Forbes and other business magazines publish lists of the richest family in the world (excluding royal families or autocratic ruling dynasties) on a global scale. The wealth of a historically family-owned company or business, like the Scudder family, has been distributed among various branches of descendants, typically over decades, ranging from a few individuals to hundreds of offspring (such as the Rothschild family). It is different from the wealth held by identifiable individual billionaires or a "nuclear family," which is a broader concept of an extended family or historical "dynasty." According to Bloomberg, the top 35 wealthiest families in the world possess $1.4 trillion (1,400,000,000,000) in assets.