Richest Families In The World

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Money is money, irrespective of whether you were born with it, or earned it merely through the sweat of your brows. Although there are numerous instances of people becoming rich overnight, when it comes to families, old money is always an important factor.

A family can be rich only of they inherited the money from an ancestral fortune or from a family undertaking. Most of the richest families of the world became so due to their family money. Now let us look at the richest families in the world.

Walton Family

The Walton family is considered to be the richest family in the world, as well as the richest family in America. The members of this family comprises of the six heirs of Sam Walton and his brother James. They had founded the Walmart chain of stores together. The combined net worth of the Walton family is about $93 billion

Koch Family

The second richest family in the world, and in America, is the Koch family. This family consists of the three Koch brothers; Charles, David and Bill. The combined net worth of these brothers is around $54 billion. Their source of income is the Koch Industries, which produces fertilizers, polyester and chemicals, operates pipelines and Georgia Pacific, a forestry company.

Mars Family

The Mars family was considered to have been the richest family in the world in 1988, but has now slipped into third position. The Mars family owns the confectionary company, Mars Inc. The family is comprised of three siblings, whose total net worth is about $41.4 billion. The siblings share the managing of the world's largest confectionary company which produces M&Ms, Milky Way etc.

Cox Family

The Cox family derives its money from Cox Enterprises, which includes assets like the cable company Fox Communications, TV, newspaper and radio group Cox media. Cox enterprises was founded by James Middleton Cox and the current chairman is his grandson Jim Kennedy. The Cox family is one of the richest families of the world, as the net worth of the three siblings who own the enterprise comes up to $24 billion.

Pritzker Family

The fortunes of the family are founded on a number of industrial assets like the Hyatt Hotel, built up by A. N. Pritzker and his sons, Jay Pritzker and Robert Pritzker. This fortune was inherited by the present members of the Pritzker family, which consists of 11 relatives. Their combined net worth is around $19.6 billion.

Cargill Family

This family has the oldest fortune, and was founded by W.W. Cargill, who started a grain storage company in 1865. This company has gone to become the world's largest private company. The family consists of 7 relatives who have inherited stakes in the hugely successful agribusiness giant, Cargill Inc. The combined net worth of these 7 members is about $14.3 billion, which makes them one of the richest families in the world.

Duncan Family

The Duncan family is one of the richest families in the world, thanks to all the wealth inherited from their father, Dan Duncan. He built Enterprise Products into an energy company that owns a stretch of 49,000 miles of pipeline. The family consists of 4 siblings, whose combined net worth amounts up to $13.6 billion.

Ziff Family

The Ziff family is one of the richest families in the world, and consists of 3 brothers. These brothers share the ownership of Ziff Brother Investments. It has to do with hedge funds, real estates etc. The Ziff-Davis publishing empire was built by their father. They have a combined net worth of around $12.6 billion.