Top 25 Of The Richest Families In The World With The Highest Net Worth As Of 2022
Hey Everyone, today, We will be ranking the richest families in the world – The world’s richest families are the descendants of great entrepreneurs, who have grown their wealth through their business empires. With a combined net worth of over trillions of dollars, these families are the wealthiest in the world.
It is believed that these wealthy families will continue to grow their wealth in the coming years with many of them still running successful family businesses and passing on their fortune to future generations.
Well, with no further ado, here is the ranking of the 25 wealthiest richest families in the world with the highest net worth.
25. The Lee Family
- Net worth: $29 billion
- Source of wealth: Samsung
The Lee family is one of the wealthiest and most powerful families in South Korea. They are the founders of the largest smartphone producer “Samsung“, which is one of the world’s richest companies. The family has been in control of Samsung for four generations, and they own the largest stake in it.
The Lee family has a net worth of $29 billion, which is enough to make them one of the richest families in the world. They have been running Samsung since 1938 when it was founded by Lee Byung-Chul, who was its first president.
- Read Also: Top Rich Companies in the World as of 2021
24. The Pritzker Family
- Net worth: $29.6 billion
- Source of wealth: Hyatt Hotels
The Pritzker family is a wealthy family that owns the Hyatt hotel chain and the Marmon Group. They also own several other companies including the leading company in the world for heavy-duty trucks and trailers, as well as a major stake in the world’s largest manufacturer of tires and rims.
Today, they are amid our Billionaires list, although their wealth is split between 13 clan members, 11 of whom are billionaires. They are said to have spent a large portion of the first decade of the 21st century wrangling over trusts, which ultimately divided the wealth, but they are still among the richest families of the world as of today.
23. The Kwok Family
- Net worth: $30.4 billion
- Source of wealth: Sun Hung Kai Properties
Since it was listed in the 1970s by Kwok Tak-Seng, Sun Hung Kai Properties has developed into one of the largest real estate developers in Hong Kong.
The Kwok family is one of the richest families in The world and has been in business for more than 60 years. The patriarch was born into poverty but managed to build up his own small business by the time he died, leaving behind a fortune that would eventually be passed on to his children who would go on to make it even bigger.
The Kwok family owns multiple companies which are all privately owned and are involved in property development, hotels, and retail as well as other investments across Asia.
Thomas and Raymond Kwok control the company after their third brother, Walter Kwok, was ousted in 2008 after a feud, Business Insider previously reported.
22. The Ferrero Family
- Net worth: $30.5 billion
- Source of wealth: Ferrero Group
The Ferrero family is an Italian family that has been in the chocolate business for over 100 years. They are one of the wealthiest families in Italy and are well-ranked among the richest families in the world.
The history of Ferrero’s wealth goes back to Italy in the 1940s when Michel Ferrero created what is now known as Nutella.
Nutella’s immense popularity in Italy helped grow the family business chocolate shop into a multi-billion dollar business that now also produces Ferrero Rocher, Tic Tac Mint, Kinder Chocolate, and Butterfinger, Forbes reports.
Both Ferrero himself and the company kept a very low profile, despite the ubiquity of their products, that their security measures were compared to those of NASA.
Business Insider previously reported that Giovanni Ferrero, the son of Michel, is now considered the company’s CEO as well as the richest man in Italy.
21. The Chearavanont Family
- Net worth: $30.7 billion
- Source of wealth: Charoen Pokphand Group
The Chearavanont family is a Thai family that has been in the business of agriculture for over two centuries. In 1921, Chia Ikchor founded the Charoen Pokphand Group, a Thai diversified group. The family’s wealth is mostly from the agricultural business, but they also have other business interests.
Chia Dhanin’s son Chearavanont is now the group’s first board chairman, and two of Dhanin’s sons serve as CEO and president, according to Bloomberg. Hence, as of 2022, the Chearavanont family is among the richest families in the world.
20. The Newhouse Family
- Net worth: $31 billion
- Source of wealth: Advance Publications
The Newhouse family is an American media dynasty and one of the richest families in the world. The family’s net worth is estimated to be $31 billion dollars making them one of the wealthiest families in America.
They are known for controlling journalism, publishing, and broadcasting. Their empire “Advance Publications” is a business model that owns Condé Nast magazines including Vogue, The New Yorker, and American City Business Journal, as well as the largest stake in Reddit website.
19. The Rausing Family
- Net worth: $32.9 billion
- Source of wealth: Tetra Pak
The Rausing family is one of the wealthiest families in the world with a net worth of around $33 billion. The family fortune is based on their ownership of Sidel, DeLaval, and Tetra Pak, a Swedish company that manufactures packaging for food and beverages, all thanks to the largest packaging companies in the world.
The company was started by Ruben Rausing in 1951 when he created the Tetra Pak during his time at Lund University where he studied engineering and physics. He then left his studies to pursue his full-time work with his brother Hans Rausing.
18. The Cox Family
- Net worth: $33.1 billion
- Source of wealth: Cox Enterprises
The Cox family fortune is derived from the Cox Communications company, which was founded by James M. Cox in 1898. According to Forbes, The five grandchildren of founder James Cox are all billionaires, they share the family fortune and are considered as one of the top richest families in the world.
The company was originally a publishing company but now it touched a number of industries, including cable, internet, and broadband (Cox Communications), newspapers and radio stations (The Business Magazine: Cox Media Group), and automobiles. According to Bloomberg, It generates a revenue of billions of dollars every year.
17. The Quandt Family
- Net worth: $34.7 billion
- Source of wealth: BMW
The Quandt family is a German family that owns a large stake in Bavarian Motor Works “BMW”, the largest manufacturer of luxury cars in the world. They are also one of the richest families in Germany and among the richest families in the world, thanks to their nearly 50% stake in luxury carmaker BMW. While Susanne Klatten owns 19.1% of luxury vehicle maker BMW.
The Quandt have also stakes in Logwin, a German logistics company, Gemalto, a security software company, and many other businesses. Hence, the family has been around for over 100 years and still continues to grow their wealth as they have increased their estimated net worth to reach around $35 billion as of 2022.
16. The Van Damme, De Spoelberch, De Mevius Families
- Net worth: $36.8 billion
- Source of wealth: Anheuser-Busch InBev
The Belgian Van Damme, De Spoelberch and De Mevius families decided in 1987 to merge their family-owned breweries. The resulting Interbrew company had strong brands such as Leffe or Stella Artois. This later resulted in the formation of what we know today as AB Inbev.
In 2018, Anheuser-Busch InBev had sales of $54.6B. The children of the co-founder families still hold large stakes in the company and are still stockholders without power and obligation for running it as a family concern.
They are the wealthiest family in Belgium, with a net worth of €49.4B. This makes them one of the richest families in the world.
15. The SC Johnson Family
- Net worth: $37.3 billion
- Source of wealth: SC Johnson
In 1882 the company was incorporated in its own name and eventually acquired by the son Herbert Fisk Johnson. SC Johnson was founded by Samuel Curtis Johnson Sr. in Racine, Wisconsin in 1886 with the purchase of a small paint company.
He expanded the company to include other products such as varnishes and waxes for furniture and floors as well as insecticides for crops and livestock feedlots. The company is now among the most profitable companies in the world.
The SC Johnson family is usually ranked at the top richest families in the world on Forbes’ yearly lists. The fifth generation of Herbert Fisk Johnson III is serving as CEO and current president of the company.
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14. The Cargill-Macmillan Family
- Net worth: $38.1 billion
- Source of wealth: Cargill Inc.
In 1865 William W. Cargill founded the giant Cargill in the agricultural business. 23 members of the Cargill-MacMillan family own 88% of the company today, which generated $115 billion in revenue in 2019.
The Cargill-Macmillan family is one of the wealthiest families in the United States. They have a net worth of around $39 billion, which is mostly attributed to their ownership of Cargill, Inc., a privately held global food and agriculture company.
Among this family, there are 14 billionaires. The family reportedly keeps 80% of Cargill Inc’s net income within the company to reinvest annually.
13. The Mulliez Family
- Net worth: $38.4 billion
- Source of wealth: Auchan
The Mulliez family is a French family that owns the Auchan, Decathlon, and Carrefour supermarket chains. The family’s net worth is around $40 billion and according to Forbes lists, they are among the Richest Families in the world.
The Mulliez family is a wealthy family of entrepreneurs and businesspeople in France. They have had a very interesting history that can be traced back to 1827 when they opened their first general store in Roubaix, France. They were able to expand their business by opening more stores and eventually became involved in politics.
12. The Hoffman-Oeri Family
- Net worth: $38.8 billion
- Source of wealth: Roche
The Hoffman-Oeri family is one of the most influential families in the history of Switzerland. They are known as a family of wealthy industrialists, bankers, and philanthropists. They have a long history of successful business ventures and have also been involved in politics and public service.
Their pharmaceutical company Roche Holding was launched in 1896, and it is the source of wealth for the Hoffman-Oeri family. And in 2019, it generated $62 billion in revenue. The descendants of founder Fritz Hoffmann-La Roche own a 9% stake in this largest company.
11. The Thomson Family
- Net worth: $40.6 billion
- Source of wealth: Thomson Reuters
The Thomson family is a Scottish-Canadian family of newspaper proprietors and media moguls descended from Roy Thomson, 1st Baron Thomson of Fleet. The family business was founded by Roy’s father, Robert James Thomson.
This Canadian richest family derives its wealth from financial data and service provider Thomson Reuters, as they share a 66% stake in it.
Not to mention their involvement in many different business ventures over the years, including banking, insurance, publishing, and broadcasting, including their stakes in Bell Canada, the Globe, and Mail in Toronto. So, it is obvious that The Thomsons are among the richest families in the world.
10. The Albrecht Family
- Net worth: $50 billion
- Source of wealth: Aldi
The Albrecht family is a German dynasty of industrialists. They are the founders of Aldi, a German discount supermarket chain. The company was founded in 1961 and has grown to have more than 10,000 stores in over 20 countries. They have a net worth of about €50 billion.
The Albrecht family has been in business for centuries and it is not just about their success in the food industry. They have also been successful with their other investments like real estate, retail, financial services, and They also invested in Trader Joe’s, transforming it into a chain of more than 350 stores. It is still owned by the Albrecht family.
9. The Boehringer and Von Baumbach Families
- Net worth: $45.7 billion
- Source of wealth: Boehringer Ingelheim
The Boehringer and Von Baumbach family has been in the business of producing medicine for over 140 years. They are a German family that has managed to maintain their wealth through the years, despite different economic climates.
The company was founded in 1885 by Franz von Baumbach and Ludwig Böhringer. It was originally named “Boehringer und Von Baumbach”. They control the German pharmaceutical company Boehringer Ingelheim, which started with a focus on botanical medicines but eventually expanded into other areas of medicine, such as animal health care products and pharmaceuticals.
The Boehringer and von Baumbach clans are among the richest families in the world as of 2022.
8. The Johnson Family
- Net worth: $46.3 billion
- Source of wealth: Fidelity Investments
The Johnson family is a great example of how wealth can be inherited. The Johnsons, who hail from the US, are among the wealthiest families in the world. The Johnson family is a family of entrepreneurs and philanthropists who are best known for their ownership of the Johnson & Johnson corporation.
The Johnson family has a net worth of around $47 billion. They own the largest stake in the company, worth about $17 billion. The company was founded in 1886 by Robert Wood Johnson I, who was also the first president and chairman of the board. The family also owes their wealth to their ownership of Walgreens and other investments.
7. The Wertheimer Family
- Net worth: $54.4 billion
- Source of wealth: Chanel
The Wertheimer family is a wealthy family. They are worth billions of dollars and rank among the richest families in the world. They own a company called Chanel, which is one of the most expensive and luxurious fashion brands in the world.
The immense family’s fortune dates back to the 1920s in Paris when Coco Chanel was funded by Pierre Wertheimer. His grandchildren, brothers Alan and Gerard Wertheimer, control Chanel today, which generated $12.3 billion in revenue last year.
Business Insider previously stated that they own vineyards in France and the Napa Valley, and they also breed and climb purebred strains.
6. The Dumas Family
- Net worth: $63.9 billion
- Source of wealth: Hermès
The Hermès luxury dynasty is the basis of the Douma family’s fortune. Its origins go back to the 19th century when Thierry Hermes began making riding gear for gentlemen. Fast forward to the 1970s, and his descendant Jean-Louis Dumas took the company globally.
They are known for their business ventures and have been running the company for two decades. Currently, they are in control of luxury goods brands like Louis Vuitton, Fendi, and Bulgari. They also own stakes in companies such as Azzaro Group and L’Oreal Paris.
Today, Pierre-Alexis Dumas holds the position of Technical Director and Chairman of the Board of Directors of the company Axel Dumas, according to the Hermès Group website.
5. The Ambani Family
- Net worth: $81.3 billion
- Source of wealth: Reliance Industries
The Ambani family’s fortune lies in Reliance Industries, an Indian conglomerate that owns the world’s largest oil refinery firm complex.
The Ambani family is one of the richest families in the world. Mukesh Ambani, the chairman and managing director of Reliance Industries Limited, is one of the wealthiest people in India.
The family also owns controlling stakes in oil, gas, petrochemicals, textiles, and other companies in the retail and telecommunications sectors.
4. The Al Saud Family
- Net Worth: $95 billion
- Source of Wealth: oil
The Al Saud Arab family is one of the richest families in the world. They are also the rulers of Saudi Arabia. They have been ruling Saudi Arabia since 1932 when Abdulaziz Ibn Saud became king. He was a descendant of Muhammad ibn Abd al-Wahhab, a religious man who founded the Wahhabi branch.
The enormous wealth of the royal family in Saudi Arabia comes from a combination of revenues from the Saudi Arabian oil industry (which the king’s executive office distributes to various family members). And the royal family’s personal profits from negotiating government contracts and other investments.
The current king of Saudi Arabia is King Salman bin Abdulaziz Al Saud. The King holds many titles such as Crown Prince and Prime Minister and he is also considered to be one of the richest men in the world. While Crown Prince Mohammed bin Salman alone has assets valued at more than $1 billion and is known to spend millions on palaces and yachts.
3. The Koch Family
- Net worth: $109.7 billion
- Source of wealth: Koch Industries
Brothers Charles Koch and David Koch expanded their father’s oil refinery company into conglomerate Koch Industries after their other brothers, Frederick and William, left the company after a failed takeover. The Koch billionaire family Industries revenue of $115 billion annually.
David Koch passed away in August 2019, leaving his $53 billion fortune to his wife, Julia Flesher Koch, Business Insider reported at the time. She is now the fourth richest woman in the world after the heir to L’Oréal Francoise Bettencourt Myers and Mackenzie (Bezos) Scott Walmart Alice Walton.
2. The Mars Family
- Net worth: $120 billion
- Origin of wealth: Mars Inc.
Jacqueline and John Mars became one of the richest families of the world, as they inherited a stake in the candy empire Mars Inc who invented M & Ms, Milky Way, and Mars Bars when their father Frank Mars passed away in 1999.
Jacqueline’s son, Stephen Badger, was a former chairman and current member of the board of directors of the privately-owned Mars Inc Corporation, Which generates more than $38 billion in annual revenue, according to Bloomberg.
1. The Walton Family
- Net worth: $215 billion
- Source of wealth: Walmart
In 1962, Sam and Bud Walton founded Walmart in Rogers, Arkansas, Business Insider previously reported. After its success, they founded Sam’s Club in 1983. Walmart reported sales of $514.4 billion in 2018, making it the largest revenue of a retail chain in the world.
The Walton Family are the number 1 among the richest families in the world, and their wealth is divided between three generations of family members, including founder Sam Walton’s three children, Rob, Jim, and Alice; She is considered one of the richest women in the world with a fortune of 56.8 billion dollars.