List of wealthiest families
Various lists of the richest families in the world (excluding royal families or autocratic ruling dynasties) are published internationally, by Forbes[1][2] as well as other business magazines.
There is a distinction between wealth held by identifiable individual billionaires or a "nuclear family" and the wider notion of an extended family or a historical "dynasty," where the wealth of a historically family-owned company or business like the scudder family has become distributed between various branches of descendants,[3] usually throughout decades, ranging from several individuals to hundreds of offspring (such as the Rothschild family).[4] According to Bloomberg, the world's 25 richest families control $1.4 trillion (1,400,000,000,000) of wealth.[5]
Contemporary rankings
Note: The list includes families who, according to reliable sources, have a combined net worth of 1 billion US Dollars and above.
Notes
Historical
Excluding royal dynasties and land-owning aristocracy, the wealthiest families since the emergence of banking and early capitalism in the Italian Renaissance were:
- The Rothschild family of bankers became the richest family in the mid-19th century.[55] The family's accumulated wealth has been divided among many descendants, only one of which (Benjamin de Rothschild) is officially recognized as a billionaire. Determining the family's exact wealth has been deemed implausible;[56] conspiracy theories (often antisemitic-driven) claiming the family has $350 billion or trillions of dollars[4] have been refuted and found to be baseless.[57]
- The Bardi family of Florence (14th century)
- The Medici family, as owners of the Medici Bank, the richest family in 15th-century Europe.[58]
- The Gondi family of Florence, financial partners of the Medici family in the 15th century.
- The Fugger family of mercantile bankers and venture capitalists, the richest family in the 16th century.[59]
- The Welser family, alongside the Fugger one of the most important families of merchant bankers in 16th-century Europe.
- The Baring family, owners of an important merchant bank in London in the 18th to 19th centuries.
- The Schröder family, a leading Hanseatic family of Hamburg in the 18th to 19th centuries.
- The Goldman–Sachs family, owners of the Goldman Sachs investment bank from 1869 to 1912.[60]
References
- Dolan, Kerry A. "Billion-Dollar Bloodlines: America's Richest Families 2015". Forbes. Retrieved 8 April 2019.
- "The richest Russian family clans – 2016". Crime Russia. Retrieved 2 April 2018.
- The Scudder Family,John Pitman, Chandrani Ghosh, David Armstrong, The Dynasties, Forbes, 28 February 2002. "The names are famous and often synonymous with great brands, from spaghetti to tires; those who bear them are without question fabulously wealthy. Yet the Rothschilds, Rockefellers, Michelins and 47 other billionaire families don't appear on the Forbes World's Richest People list. Why not? It's a question of degrees. We have tried to distinguish between fortunes that belong to individuals or nuclear families, and those that have been passed down through more than one branch of the family tree and are often shared by dozens of heirs."
- "A History of the Rothschild Family". Investopedia. 9 December 2020. Retrieved 6 January 2021.
- "The World's Wealthiest Family Gets $4 Million Richer Every Hour". Bloomberg. 1 August 2020. Retrieved 11 August 2019.
- Hanbury, Mary (24 February 2018). "MEET THE WALTONS: How America's wealthiest family spends its Walmart fortune". Business Insider. Retrieved 9 March 2018.
- Ross, Sean. "Top 10 Wealthiest Families in the World". Investopedia. Retrieved 4 March 2018.
- Olanubi, Sijuola (14 February 2017). "Top 10 Richest Families in Europe". Tharawat Magazine.
- "Austria's 33 Richest Families Worth €120bn". Advantage Austria. 31 July 2014. Retrieved 24 September 2018.
- "300 Reichste 2018". Bilanz (in German). 29 November 2018. Retrieved 30 November 2018.
- "Ambanis top Forbes list of Asia's richest families, pip Lees of South Korea". The Times of India. 16 November 2017. Retrieved 20 April 2018.
- "Canada's Richest People: The Complete Top 100 Ranking (2017)". Canadian Business - Your Source For Business News. 7 December 2016. Retrieved 4 April 2018.
- Zeveloff, Julie (5 March 2012). "MOVE OVER, FORBES: Here Are The Real 20 Richest People In The World". Business Insider. Retrieved 26 February 2018.
- "Die reichsten Deutschen". Manager Magazin (in German). 4 October 2017. Retrieved 28 November 2018.
- "The world's richest families revealed". MSN. 11 April 2016. Retrieved 18 February 2018.
- "America's Richest Families".
- Brinded, Lianna; UK, Business Insider (7 May 2017). "These are the 25 richest people in Britain". Business Insider. Retrieved 29 March 2018.
- "Asia's Richest Families 2017: The Billion-Dollar Clans Ruling The Region". Forbes. 14 November 2017. Retrieved 22 February 2018. Official list.
- "The world's richest families revealed". MSN. 11 April 2016. Retrieved 18 February 2018.
- "The 15 Richest Families In Brazil". Forbes. 13 May 2014. Retrieved 23 February 2018.
- Neßhöver, Christoph (5 October 2017). "Das sind Deutschlands reichste Sippen". Manager Magazin (in German). Retrieved 28 November 2018.
- "Trillion Dollar Inheritance: The World's Biggest Family Fortunes". Bloomberg. Retrieved 25 August 2018.
- "The world's richest families revealed". MSN. 11 April 2016. Retrieved 18 February 2018.
- "The world's richest families revealed". MSN. 11 April 2016. Retrieved 18 February 2018.
- "The world's richest families revealed". MSN. 11 April 2016. Retrieved 18 February 2018.
- "The world's richest families revealed". MSN. 11 April 2016. Retrieved 18 February 2018.
- "Four generations on, Heineken family won't loosen grip". Reuters. 15 September 2014. Retrieved 26 May 2020.
- "Rich list 2016 reveals steel magnate's fortune drop". BBC News. 24 April 2016. Retrieved 7 February 2017.
- Anderson Antunes (13 May 2014). "The 15 Richest Families In Brazil". Forbes. Retrieved 23 February 2018.
- "Radhakishan Damani & family". Forbes. Retrieved 25 October 2019.
- "Revealed! These are some of the richest and most powerful families in the whole of Africa". INFORMATION NIGERIA. 9 November 2017. Retrieved 23 February 2018.
- Solutions, EIU Digital. "Mr Netanyahu's position is secure for now". List of countries. Retrieved 20 April 2018.
- "Forbes: Eyal Ofer remains wealthiest Israeli". en.globes.co.il (in Hebrew). 21 March 2017. Retrieved 17 October 2019.
- Flaherty, Rachel (21 March 2013). "Who are the richest people and families in Ireland?". The Irish Times. Retrieved 29 March 2018.
- "Asia's Richest Families". Forbes. 2017.
- "Top 10 Richest Families in Africa". YouTube. 17 April 2017. Retrieved 3 April 2018. Pulse article
- "Ng brothers are Singapore's richest for 6 years running: Forbes".
- "Top 10 wealthiest families of Turkey". Yeni Şafak. 16 November 2016. Retrieved 1 April 2018.
- "Texas billionaire Harold Simmons' heirs save some money on taxes".
- "Arab World's Richest Families 2017". Forbes Middle East. 17 February 2017. Retrieved 18 February 2018.
- "Medtech's Billionaires: #1 The Stryker Family and John Brown - MDDI Medical Device and Diagnostic Industry News Products and Suppliers". 27 March 2015. Quote: Sibling heirs Ronda ($3.7B), Pat ($2.2B), and Jon Stryker ($1.93B) ... all became wealthy through Kalamazoo, MI-based Stryker Corp.
- "Forbes List". Ranking Interesting Facts About Africa. 1 January 2017. Retrieved 23 February 2018.
- "Johnson family". forbes.com. Retrieved 8 April 2018.
- "Stef Wertheimer". Bloomberg.com. 1 January 2016. Retrieved 26 February 2018.
- Bernard, Joy (14 June 2017). "Who are Israel's top five wealthiest people?". The Jerusalem Post | JPost.com. Retrieved 29 March 2018.
- "The Dynasties". Forbes.com. 28 February 2002. Retrieved 22 February 2018.
- "Forbes". Forbes.
- The Financial Review Rich List: Australia’s 50 Wealthiest Families, FINN - Family Business Advisors, August 2013 2015 list
- Lam, Katherine (11 July 2019). "Kanye West praised for turning $53M in debt into $1B Yeezy empire". FOXBusiness. Retrieved 22 January 2020.
- "Mediobanca - Archivio Storico Vincenzo Maranghi". www.archiviostoricomediobanca.it. Retrieved 20 July 2020.
- "C.& C. Milano s.r.l - tessuti per l'arredamento e biancheria per la casa". www.cec-milano.com. Retrieved 20 July 2020.
- Badenhausen, Kurt. "How Floyd Mayweather Became Boxing's First $1 Billion Fighter". Forbes. Retrieved 21 December 2019.
- Niall Ferguson, The Ascent of Money (2008), p. 88: "Between 1818 and 1852, the combined capital of the five Rothschild 'houses' (Frankfurt, London, Naples, Paris and Vienna) rose from £1.8 million to £9.5 million. As early as 1825 their combined capital was nine times greater than that of Baring Brothers and the Banque de France. By 1899, at £41 million, it exceeded the capital of the five biggest German joint-stock banks put together."
- "The Rothschilds’ family fortune", Financial Times, 25 March 2010
- "FACT CHECK: Rothschild Family Wealth, Snopes
- de Roover, Raymond Adrien (1966), The rise and decline of the Medici Bank: 1397–1494, New York City; Toronto: W. W. Norton; George J. McLeod Limited (respectively), LCCN 63-11417
- Steinmetz, Greg. The richest man who ever lived : the life and times of Jacob Fugger. ISBN 978-1-4516-8856-6. OCLC 965139738.
- The company admitted the first partner who was not a family member in 1912, and Henry Goldman resigned in 1917. William D. Cohan, Money and Power: How Goldman Sachs Came to Rule the World (2012).
External links
- Gauri Bhatia, Here's how India's wealthiest families are seeking to stay wealthy, CNBC, 18 October 2017
- Simone Foxman, World's Richest Families Seeking to Make More Deals on Their Own, Bloomberg, 9 November
- The T&C 50: The Richest Families You've Never Heard Of, Town & Country, 17 October 2017,
- Kerry A. Dolan and Luisa Kroll, "Billionaire Dynasties", Forbes, 21 June 2001
- Devon Pendleton, Bloomberg, Europe's richest royal gets richer as family bank lures wealthy, The Register Citizen, 28 October 2017
- Tom Metcalf and Jack Witzig, World's Wealthiest Became $1 Trillion Richer in 2017, Bloomberg News, 27 December 2017
- Kimberley Richards, 87 richest families in Canada have 4,000 times more wealth than average family, report says, Independent, 1 August 2018