The wealth these families own over the generations will make you forget the extravagant lifestyle of Bruce Wayne and Tony stark
Spoiler alert – the Waynes($9.2 billion) and Starks($80 billion) don’t even have half of what Walmart owners the Walton’s own.
- The family that owns the world’s largest retailer by revenue tops the list with a wealth of $190.5 billion.
- The torch was passed on to the 3rd generation of the family in 2016 when Steuart Walton replaced his father Jim on the board of Walmart.
- Walton family’s 50% stake in Walmart paid out $3 billion in dividends last year.
- 5 generations and $126.5 billion of wealth, this is the legacy of polio contracted young boy Frank Mars.
- Mars Company is known for the M&Ms, Milky Way and Mars Bars; however, half of the revenue is generated from their pet-care products.
- Fun fact, the Snickers bars was named after Mars family’s favorite family horse.
- Koch family’s business generates annual revenue of about $110 billion, and the 3rd generation of this family now owns $124.5 billion.
- The Kansas based business saw a rift between the owners in 1980, after which Charles and David Koch stayed and manage their wealth through their family office.
- David Koch once ran for the US vice president in a very disappointing campaign with just 1% of the national vote share.
Al Saud family
- A family with a monarchical history extending back nearly a century owns an estimated wealth of $100 billion.
- The true wealth of this family is not easy to access, courtesy of 15000 members. Nope, we didn’t put one or two extra zeroes by mistake.
- But since the family governs the kingdom of Saudi along with the most profitable company in the world Saudi Aramco, we can safely assume it’s way more than $100 billion.
- Grandpa Pierre Wertheimer invested in the Coco Channel in the 1920s and now his grandsons own $57.6 billion thanks to him.
- Channel’s legendary little black dress and the No. 5 perfume was what made the brand a global heavyweight in the fashion industry.
- We have also heard Coco channel attempted to wrest control of the company from the Wertheimers with the help of the Nazis during World War II.