The World's 10 Richest Families & Dynasties In 2019

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Staggeringly, the 25 wealthiest dynasties on the planet control US$1.4 trillion. Trillion. Let that sink in for a moment.

And that number's up 24% from last year, which, if you were to put another number on it, equates to roughly US$250 billion more than 2017/18. The 0.1% are snowballing faster and further away from the opposite end of the equality spectrum than ever before, with America's richest families controlling more wealth today than at any time in history since 1929.

Of those 25 richest dynasties, the kings of the castle are the Walton Family (of American consumer goods giant Walmart), who rake in a mind-boggling US$70,000 per minute - or US$4 million per hour - or US$100 million a day.

A notable addition to the rankings this year is the Saudi royal family, who have received 50 years worth of payouts from the Royal Diwan, the executive office of the king, totalling a conservative estimate of US$100 billion.

Bloomberg, who released the report, confirm that tallying dynastic dollars isn't an exact science, nor is it flawless. 

"Fortunes backed by decades and sometimes centuries of assets and dividends can obfuscate the true extent of a family’s holdings. The net worth of the Rothschilds or Rockefellers, for instance, is too diffuse to value. Clans whose wealth is currently unverifiable are also absent."

With that in mind, check out the rankings for the top 10 richest families in the world below, and then head to Bloomberg.com for the complete tally of the top 25. 

1. The Walton Family

Company: Walmart

Wealth: US$190.5bn

Fun fact: Family's 50% stake in Walmart paid out $3 billion in dividends last year.

2. The Mars Family

Company: Mars

Wealth: US$126.5bn

Fun fact: The Snickers bar was named after a favorite family horse.

3. The Koch Family

Company: Koch Industries

Wealth: US$124.5bn

Fun fact: David Koch ran for U.S. vice president on the Libertarian Party ticket in 1980 with Ed Clark, receiving about 1% of the national vote.

4. Saudi Royal Family

Company: N/A

Wealth: US$100bn (lowest estimate)

Fun fact: Crown Prince Mohammed bin Salman imprisoned Saudi royals in Riyadh's Ritz-Carlton at the end of 2017 in a crackdown on purported corruption. Tough for some.

5. The Wertheimer Family

Company: Chanel

Wealth: US$57.6bn

Fun fact: Coco Chanel attempted to wrest control of the company from the Wertheimers with the help of the Nazis during World War II.

6. The Hermes Family

Company: Hermes

Wealth: US$53.1bn

Fun fact: Tsar Nicholas II of Russia was a client.

7. The Van Damme, De Spoelberch & De Mevius Family Enterprise

Company: Anheuser-Busch InBev

Wealth: US$52.9bn

Fun fact: Flagship beer Stella Artois was originally brewed in 1926 as a Christmas beer.

8. The Boehringer & Von Baumbach Family

Company: Boehringer Ingelheim

Wealth: US$51.9bn

Fun fact: Logo of the company is a stylized depiction of the central section of the imperial palace of European emperor Charlemagne.

9. The Ambani Family

Company: Reliance Industries

Wealth: US$50.4bn

Fun fact: Mukesh stepped in to help younger brother Anil pay an $80 million debt and avert a three-month jail sentence in March 2019.

10. The Cargill & MacMillan Family

Company: Cargill

Wealth: US$42.9bn

Fun Fact: In 2017, Cargill invested $500 million in a factory that can produce up to 200,000 tons of fish and livestock feed annually from bacteria fed on methane.

See the other 15 over at Bloomberg's article here.

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