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The Bloomberg list of the world’s richest families for 2024 reveals vast wealth disparities among the global elite. The Walton family, owners of Walmart, tops the list, surpassing even the wealth of the world’s richest individual, Elon Musk.
World’s Richest Families 2024: Key Insights from the List
1. Walton Family (USA)
- Wealth: $432.4 billion
- Major Asset: 46% stake in Walmart with over 10,600 stores worldwide.
- Wealth Surge: An 80% rise in Walmart shares in 2024 added $172.7 billion.
- Daily Wealth Growth: $473.2 million per day or $328,577 per minute.
- Generational Impact: Three generations actively manage Walmart’s operations.
2. Al Nahyan Family (UAE)
- Wealth: $323.9 billion
- Sources: Oil revenues and diversified investments.
- Influence: Their companies account for 65% of Abu Dhabi’s stock index.
- Generational Reach: Three generations, with Sheikh Mohammed bin Zayed Al Nahyan serving as the UAE’s president.
3. Al Thani Family (Qatar)
- Wealth: $172.9 billion
- Sources: Oil and offshore gas reserves.
- Historical Legacy: Eight generations of power through historical empires.
- Economic Control: Key players in Qatar’s energy industry.
4. Hermès Family (France)
- Wealth: $170.6 billion
- Business: Luxury goods brand Hermès.
- Family Figures: Includes executive chairman Axel Dumas and artistic director Pierre-Alexis Dumas.
- Industry Standing: Leading the global luxury goods market.
5. Koch Family (USA)
- Wealth: $148.5 billion
- Core Businesses: Oil, chemicals, and diversified industrial holdings.
- Management: Three generations steering Koch Industries.
Indian Families Making the List
Ambani Family (India)
- Wealth: $99.6 billion
- Business: Reliance Industries, covering energy, petrochemicals, and telecommunications.
- Leadership: Mukesh Ambani leads the group, now spanning three generations.
- Global Rank: 8th place, reflecting its expanding global footprint.
Mistry Family (India)
- Wealth: $41.4 billion
- Business: Shapoorji Pallonji Group, specializing in construction and real estate.
- Generational Legacy: Five generations have driven the business.
- Global Position: Ranked 23rd, with notable industry influence.
Other Prominent Families in the Top 15
- Al Saud Family (Saudi Arabia): $140 billion.
- Mars Family (USA): $133.8 billion from confectionery giant Mars Inc.
- Wertheimer Family (France): $88 billion from Chanel.
- Thomson Family (Canada): $87.1 billion from Thomson Reuters.
- Johnson Family (USA): $72.4 billion from Fidelity Investments.
Summary Table: Top Wealthiest Families 2024
| Rank | Family | Wealth (Billion USD) |
|---|---|---|
| 1 | Waltons (Walmart) | 432.4 |
| 2 | Al Nahyan (UAE) | 323.9 |
| 3 | Al Thani (Qatar) | 172.9 |
| 4 | Hermès (France) | 170.6 |
| 5 | Koch (USA) | 148.5 |
| 6 | Al Saud (Saudi Arabia) | 140.0 |
| 7 | Mars (USA) | 133.8 |
| 8 | Ambanis (India) | 99.6 |
| 9 | Wertheimer (France) | 88.0 |
| 10 | Thomson (Canada) | 87.1 |
| 11 | Johnson (USA) | 72.4 |
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