Most of us have the curiosity to know who might be the richest families; Forbes released its third annual list of America's richest families for the year 2016 that say that these families are collectively worth $722 billion.
Most of the shares and discrepancy in value grows wider as the list goes moving up and down as per the values that are great in the society and the top five families proved to be worth almost $40 billion more than the rest of the 20 families.
Let us see that the outliners of these Walton, Koch and Mars families net worth exceeds $50 billion each. The Walton family alone is worth more than the bottom 10 families on the list.
Origin of Wealth
| Walton family||130.00||Wal-Mart|
|2|| Koch family||82.00|| Diversified|
|3|| Mars family||78.00|
|4|| Cargill-MacMillan family||49.00|| Cargill Inc.|
|5|| Cox family||41.00|| Media|
|6|| S.C. Johnson family||30.00|| Cleaning products|
|7|| Pritzker family||29.00|| HOTELS investments|
|8|| (Edward) Johnson family||28.50||
|9|| Hearst family||28.00|| Hearst Corp.|
|10|| Duncan family||21.50|| Pipelines|
|11|| Newhouse family||18.50|| Magazines, cable TV|
|12|| Lauder family||17.90|| Estee Lauder|
|13||Dorrance family ||17.10|| Campbell Soup Co|
|14|| Ziff family||14.40|| Publishing|
|15|| Du Pont family||14.30|| DuPont (chemicals)|
|16|| Hunt family||13.70||OIL|
|17|| Goldman family||13.70|| real estate|
|18|| Busch family||13.40|| Anheuser-Busch|
|19|| Sackler family||13.00|| Pain medicines|
|20|| Brown family||12.30|| Liquor|
|21|| Marshall family||12.00|| Diversified|
|22|| Mellon family||11.50|| Banking|
|23|| Butt family||11.00||supermarkets|
Christy Walton and her son Lukas Walton are the founders of Wal-Mart's and their stocks boosted up. Christy Lukas Walton with an estimated net value of $130 billion till the next financial year will certainly rock the business hunches. It has currently 11,530 stores globally and with the revenue of $482 billion during the 2016 fiscal year, according to its annual report.
Koch Industries are took over by Charles and David Koch, this is currently the second-largest private corporation in the world. Most of the corporation activities involve in chemical technology and mining, to raising cattle for beef. The Koch family’s net worth is estimated at $82 billion for the fiscal year 2016.
The Mars family owns Mars, Inc. this is a privately held corporation that deal with consumables, particularly sweets such as Skittles, Starburst, Snickers and more if you might bought bag of candy or chocolate bar somewhere in the world then you might have seen this for sure. The net worth is estimated at $78 billion by the Mars family’s.
I hope this article gives clarity on the list of America’s 25 richest families and more details on the families, we will get more articles for you soon. Leave us your feedback.