Top richest clans in the world. The richest dynasties in the world Saud family 1.4 trillion
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October 3, 2016 13:54
By Fabiosa
Statistics say that 1 percent richest people planet has a fortune that exceeds the value of the property of all other inhabitants of the world combined! It's hard to believe until you look at the top ten richest families in the world. Taken together, these 10 families have a net worth of $2 trillion!
#10. Pritzkers, $29 billion
Back in 2013, Jennifer Pritzker was 62-year-old James, a lieutenant colonel in the US National Guard. Thus, the list of billionaires now has the first transgender person. Although today the family has only one asset - the Hyatt hotel, it seems that this is more than enough for them.
#9. Royal family of Thailand, $30 billion
The 89-year-old head of the country was educated at Cambridge, America. He is very original and creative person. Among his many interests and hobbies are music and yacht racing. In addition, Rama is a talented artist whose paintings are in demand all over the world. He writes music and designs his yachts himself. The monarch invests his enormous fortune in the development of the country, introducing new technologies in agriculture.
#8. Coke, $32 billion
This family has mainly various media assets: press, radio stations, cable television. In addition, they have a car dealer network. James Kennedy, nephew of the famous American President, the head of the dynasty only formally. Today his daughter Anne Cox Chamber manages all matters.
#7. Hurst, $35 billion
At one time, William Randolph Hearst, the founder of this dynasty, was a real celebrity. He was everyone's main character newspaper headlines. He worked with Mark Twain and Jack London, was friends with Hitler, and generally liked to be very provocative. He built an obscenely luxurious mansion. Rumor has it that he kept Monet's paintings in the linen closet, since there was no longer room for them on the walls of the house. His granddaughter Patricia also became a celebrity after she became involved in a series of bank robberies with her captors. After serving five years in prison, the woman was released and lives a calm family life.
#6. Johnsons, $39 billion
This family owns the Ziploc bag brand, but a century and a half ago they started their business making hardwood floors and floor care products. Now the family's income comes mainly from household chemicals Windex, Drano and Raid.
#5. Cargill and McMilligan, $43 billion
This family is engaged agriculture, produces raw materials and food products. They live on a ranch in Montana, rarely go out and generally lead quiet life farmers.
#4. Mars, $60 billion
Yes, yes, that's exactly what you're thinking. This clan is the manufacturer of sweet chocolate bars: Marsa, Milky Way and Snickers. Another sweet acquisition of the family is M&M's. Mars also owns Pedigree and Whiskas dog and cat food. An interesting combination.
The most rich dynasty the world, as you may have guessed, are the owners of oil throughout the Middle East. But it would seem that Prince al-Walid ibn Talal ibn Abdul Aziz, spoiled by luxury, does not forget about charity. In 2015, he decided to get rid of his $32 billion fortune, and transferred all this money to charitable foundations.
Who are the richest people on the planet?
It's no secret that the epicenter of the world's richest people are United Arab Emirates, however, the list of the richest people in the world includes not only sheikhs. After all, in fact, the rich are the very “puppeteers” who often have colossal influence on world politics and economics. Some of them became the heir to a huge fortune, while others independently earned their billions in order to enter the list of the most privileged rich.
It's no secret that this family holds the title of the richest in the world. She has about 2 trillion dollars in her account. The amount is approximate, since all the Rothschilds are very secretive and do not like to be on the front pages of newspapers.
The founder of this dynasty was Mayer Amschmel Rothschild, who began studying financial “craft” at the age of 12 at Oppenheimer’s bank, after which he worked in his father’s antique store. Having saved money, the young man opened his own bank. Thanks to his abilities, Rothschild was able to become successful in financial sector and found a dynasty of some of the richest people in the world for 3 hundred years. His work was continued by his children and grandchildren. In order not to talk about the financial state of the family and not to give away the secrets of their success, the Rothschilds began to marry within the family. It is worth noting that the press is not aware of a single case of divorce in this clan.
Since about 1700, this clan has led Saudi Arabia. In 1962, the heirs famous family left politics and entered the oil business, which has left the Al Saud family with an estimated fortune of $1.4 trillion. Today the family is headed by Salman ibn Abdulaziz Al Saud, who is also the king Saudi Arabia and the Prime Minister rolled into one.
This family is the third richest in the world. They earned their $152 billion capital through trading. Now the Waltons are the owners of 111 thousand supermarkets in 27 countries. The founder of the dynasty was Sam Walton, who opened the first large retail outlet at the age of 27, and for this he saved money from childhood. To date family business three of his heirs are engaged.
The history of this family's wealth dates back to 1940, when the founder of Koch Industries began to engage in oil refining. Before today he was able to accumulate a capital of $89 billion. Now it is the second largest company in the world in terms of the number of raw materials processed in the oil business. The business of Fred Koch was continued by his sons and expanded the range of their activities in trade, finance and the chemical industry.
Representatives of this family are included in the list of the richest clans in the world thanks to all the famous Mars candies. Chocolate that doesn't melt in your hands, which entered the market in 1920, brought them stunning success among consumers. In addition to the well-known candy bar, the Mars company produces a number of other confectionery, it was their sale that made the Mars family the richest in the world in 1980. Today their fortune is equal to 80 billion dollars.
The Slim family, headed by Carlos Slim, ranks sixth in the world among the richest people on the planet. The clan's assets are invested in a Mexican communications company, holding centers and a stock exchange. The Slims are involved in the arts, health care and other non-profit foundations. This family has a net worth of about $77 billion. By the way, Carlos Slim is considered the unofficial king of Mexico thanks to his days.
The Cargill-McMillan clan owns $45 billion. They are engaged in business in the field of agricultural and food industries. The family owns 88% of Cargill shares. Lately The company began to expand the range of its work and became closely involved in financial and trading activities.
This dynasty owns one of the largest French cosmetics companies, L’Oreal. Successful business founded by Engen Schueller in 1909. Since then, the corporation has developed and to date has brought Schuller's heirs $42.7 billion. Today the company is run by the daughter and grandchildren of the founder.
Arno Dynasty.
The Arnault family is the owner of several famous fashion houses and luxury goods manufacturing companies. Today their fortune is estimated at $37.7 billion. All this wealth was brought to Arnault by LVMH, which was founded in 1987. They have no equal in the luxury goods market; in other areas of activity they are rapidly developing, absorbing small companies.
This clan owns a network of print publications, television and radio companies throughout America. Their business was founded in 1989 and began with the Dayton Daily News. The founder of the thriving business was James Middleton Cox. Today, the Koks business is expanding its boundaries and has begun to sell vehicles. Their assets are estimated at $34.5 billion.
The Kingdom of Saudi Arabia is the most big country in the Middle East. And the country with the largest oil reserves. Unfortunately, ordinary residents do not get to enjoy oil money - it all ends up in the pockets of members of the ruling Saudi dynasty (Al Saud). The family is large: approximately 25,000 people. But “only” 2000 of them control all the power and all the wealth of the country. And what are they doing... As they say, absolute power corrupts absolutely.
459 tons of luggage for a 9-day trip
84-year-old Alman ibn Abdul Aziz Al, the current king of Saudi Arabia, is a very rich man. It feels like money means nothing to him at all - he throws it away so easily. For example, in 2017, he needed to go on a visit to Indonesia for 9 days, so he ordered 459 tons of luggage to be taken with him. Why does he need 459 tons of luggage for 9 days? It is impossible to understand this. Yes, and what was included in the luggage? A sofa, a suitcase, a travel bag... In fact, a bunch of different equipment, including two Mercedes-Benz s600 limousines and two electric elevators. As if you couldn't find all this in Indonesia.
A game Saudi throne
Back in 1975, he ruled people's favorite King Faisal bin Abdulaziz Al Saud. It was under him that oil production increased incredibly and enormous wealth appeared in the country. He invested in the modernization of the country, took care of the needs of the population, and under him Saudi Arabia became a leader Muslim world and began to dictate its rules to all countries (using oil leverage).
On March 25, 1975, Faisal was shot and killed by his nephew, Prince Faisal ibn Musaid, who had returned to the country after studying at an American university. The prince approached the king, bent down for a kiss, pulled out a pistol and fired three times at point-blank range. He was found guilty of regicide and his head was cut off (although the dying King Faisal asked to spare his nephew). Faisal ibn Musa'id Al Saud was beheaded with a blow from a gold-plated sword, after which his head was displayed on a wooden stake for 15 minutes for the crowd to see. These are the passions.
Hypocrisy and alcohol at parties
Consumption of alcohol in Saudi Arabia is prohibited and severely punished by law. Of course, if you belong to the royal family and you really want it, then you can do anything - including alcohol. People who worked at parties held Saudi princes, they said that alcohol, drugs, and whatnot were in use there. The two-faced Al-Saids party at alcohol parties, and the next day they frantically and zealously talk about how important it is to comply with Sharia law.
In the next episode of “Game of the Saudi Throne” we will see how Prince Abdul Aziz ibn Fahd kidnaps his cousin Sultan ibn Turki because he wanted to tell the world the whole truth about the royal family. No joke, the Saudi royal family is corrupt to the extreme and, one might say, rotten from the inside. However, they have plenty of money and power to get rid of anyone stupid enough to open their mouth on this topic.
During a visit to Geneva in 2004, Prince Sultan bin Turki said that he was going to reveal the secret plans (or rather, evil intentions) of the Saudi government. The next day, his cousin Prince Abdul Aziz ordered Turki to be sent back to Saudi Arabia immediately. Sultan ibn Turki never again complained about the family or spoke about its crimes. After all, the one who talks a lot does not live long.
In 1977, 19-year-old Saudi Princess Mishaal bint Fahd al Saud, the niece of then-King Khalid, was accused of adultery and executed. At the same time, her lover - the son of the kingdom's ambassador in Lebanon - was beheaded (the head was cut off with a saber and this was only possible with the fifth blow). The execution was supervised by the princess's own grandfather. So the Saudis can be very, very cruel to their own people.
It seems like the members royal family And so the chickens don’t peck for money, why should they try to earn more, and in an illegal way? However, in 2004, Prince Nayef ibn Fowaz Al Shalaan tried to smuggle 2 tons of cocaine from Colombia to Europe in his private Boeing. He planned to launder the money through Kanz Bank (which he also owns).
In general, the plan was quite cunning, but it failed because the French police caught Nayef red-handed. But that's not the most interesting thing. When he was caught, the Al Sauds intervened and ordered France to release the prince. They even threatened to reject several important commercial deals with France if she did not comply. Therefore, Prince Nayef's accomplices are still rotting in prison, while the prince himself walks free and enjoys the sun of Saudi Arabia.
When Prince Saud bin Abdulaziz bin Nasir al Saud brutally murdered his gay lover at a luxury London hotel in 2010, his main concern at trial was to prove that he himself was not gay. After all, homosexuality in Saudi Arabia is one of the worst crimes and can be punished death penalty.
According to police, before the fatal attack on his servant, the prince drank champagne, as well as six Sex on the Beach cocktails. This happened on February 14, when the couple celebrated Valentine's Day. Shortly before midnight, the lovers returned to the hotel, where they had an argument that ended in murder. Everything happened in the UK and it was not possible to wriggle out of court. The prince was sentenced to life imprisonment, but was soon sent to Saudi Arabia in exchange for five British men. There is no doubt that he is free.
Residents of Saudi Arabia are required to obey all laws of their country, no matter how absurd or strict they may be. The main thing is to obey, pray and not try to adopt anything from the rotten West. Here typical example: In 2013, 21-year-old Abdulrahman Al-Khayal watched a YouTube video of a man who went out into the street and started offering random passers-by a hug - if they wanted one. Abdulrahman decided that this was a cool idea and that he should try to do the same at home, in Saudi Arabia. He wrote a “Hugs” poster, went out into the street with it and began hugging passers-by. Very soon he was arrested for criminal activity. What happened to him next is unknown. I would like to hope that he was not imprisoned, but released.
Everything related to the world's oldest profession is, of course, prohibited in Saudi Arabia. And there's nothing special about it. However, it would be nice if members of the royal family also followed this law. But this, alas, is not the case.
For example, in Saudi Arabia it is illegal to celebrate Halloween due to its “un-Islamic” nature. But Prince Faisal Al-Thunayan threw a huge Halloween party at his residence. Approximately 150 men and women attended the party. With one single difference: the men came there of their own free will, and the women had no other choice. They were brought there to be sold.
And how did the royal family react when it turned out that Prince Faisal had broken several laws that night? But no way - they ignored the event. And they even threatened to kill anyone who spoke on this topic.
WikiLeaks revealed the secrets of thousands of the most influential people in the world, including members of the ruling Al-Saud dynasty. Many have tried to fight WikiLeaks and somehow censor the information posted there, but no one has succeeded in this more than the Saudis. They simply banned WikiLeaks in their country. You can’t even pronounce the name of this organization if you don’t want problems.
Yes, we are talking about one of the richest countries in the world in the 21st century. There is simply no such thing as freedom of speech in Saudi Arabia. The royal family controls everything there. It is interesting that family members are not completely free: before doing anything, they must consult and ask permission from King Salman. He is still in charge.
With their money they could probably buy up the whole world. But from large companies few people want to deal with them. Why? Yes, because it is not clear what to expect from these people. And also because these are the type of clients who do not always pay their bills. For example, Princess Maha al-Ibrahim refused to pay $1.5 million to a limousine rental company in Geneva (even though all the princess's demands were fully satisfied). Well, it only ended with the company representatives saying, “We are no longer working with this family for obvious reasons.” And there are plenty of such cases.
In total, the Al-Saud family numbers 25-30 thousand people. And all the boys need to be assigned to the most prestigious jobs, so that they “earn” a lot of money and maintain the honor of the family. It is clear that they are taken without any interviews to wherever they want. Their knowledge and experience do not play any role. The surname is everything. It’s a pity for worthy people who cannot get a job because of this, and it’s a pity for a country in which inexperienced specialists are allowed to solve important issues.
According to information from WikiLeaks, princes receive money using their name different ways- for example, borrowing from banks and not repaying the loans. Having learned from bitter experience, Saudi banks routinely reject loan requests from members of the royal family unless they have a normal credit history.
Another favorite way of taking money is the confiscation of land on which it is planned to build something and which can be resold at a great profit. So when the royal offspring don't have enough money to party hardcore, they just go and borrow it from the banks or take it from the public.
Saudi Arabia is one of the most repressive regimes in the world. There are no elections political parties or parliament. The country belongs to King Salman and his family. They can do whatever they want with complete impunity. The rest of the world is afraid to interfere and somehow try to limit the power of the Saudis, because Saudi Arabia is control over the distribution of oil. Everyone knows that people there have a hard time, but no one can do anything about it. When it comes to civil and political freedoms, Saudi Arabia is the worst country in the world and can only be compared to North Korea and a couple of African dictatorships.
Everyone in Saudi Arabia is afraid of the Islamic morality police “Hayaa”, which is supposedly supposed to protect the country and people from moral decay, etc. For example, moral guards once invaded the house local resident and found young people dancing there. Just. However, by Hayaa standards, these men were caught in “a compromising situation in the dance, making shameful gestures.” This definition was enough to arrest everyone immediately. Moreover, the parents of these “criminals” were told that they needed to better monitor their children “because this could lead to immorality and even homosexuality.” Well, you understand, right? If you dance, it means you're gay.
Saudi Prince Alwaleed bin Talal, one of the richest men in the Middle East, lost $1.2 billion in the 48 hours since his detention, Bloomberg estimates. The prince was among Saudi ministers and members of the royal family suspected of corruption on November 4.
Quotes of the prince's investment company Kingdom Holding fell by 9.9% on the first day after his detention, and at the close of trading on Monday they dropped to their lowest level since December 2011. As of Monday evening, Bloomberg estimated Al-Waleed's fortune at $17.8 billion. According to The Wall Street Journal, the prince has not yet been charged; he is suspected of money laundering.
The prince's investments through Kingdom Holding are not disclosed.
In an interview with CNBC in October, Al-Waleed admitted that he had invested in the banking group Citigroup, the microblogging service Twitter, the film company Twenty-First Century Fox and the Chinese online retailer JD.com. The businessman, in equal shares with Bill Gates, controls 95% of the Four Seasons Hotels & Resorts hotel chain (through the companies Kingdom Hotels and Cascade Investment, 5% is held by the founder of the chain, Isador Sharp). The Prince also owns some historic hotels, such as the George V in Paris and the Savoy in London, and modern hotels such as the Four Seasons Toronto.
The Anti-Corruption Committee in Saudi Arabia was created by order of King Salman bin Abdulaziz al-Saud. It was headed crown prince Mohammed bin Salman. The committee began work on November 4. Already on November 5, it became known that several dozen people had been detained. They include 11 princes, four ministers, former ministers, their deputies and entrepreneurs. It was reported that all the detainees were placed in the 5-star Ritz Carlton hotel. This news caused the Saudi stock market to fall, but oil prices: Brent is trading above $64 per barrel for the first time in more than two years.
Many commentators describe what's happening in Saudi Arabia as a brutal consolidation of power, said Jon Treacy, co-publisher of the investment newsletter Fuller Treacy Money. However, in his opinion, a more nuanced approach is needed in assessments. Saudi Arabia has been at war or supporting military operations in Yemen, Iraq and Syria for at least three years, but oil prices during this period were significantly below the levels that would finance such significant expenses, Tricy recalls. He believes that Saudi Arabia should be viewed more as a feudal kingdom: “The aristocrats are in a privileged position because when it comes time to defend the kingdom from threats, both foreign and domestic, they are expected to rally around the crown and ensure everything necessary to maintain the status quo. Arrest of the princes former ministers and officials, which happened less than a week after the “Davos in the Desert” conference aimed at attracting investment into the country, is both a claim to establish control and a demand to swear allegiance in the most financial sense. In the past, when aristocrats refused to obey, their lands and titles were taken away. Those currently being held at the Ritz Carlton in Riyadh should remember this.”
The richest families in the world live in 4 countries. Among them are heirs to huge fortunes, pioneers of the international financial market, dynasties of entrepreneurs and a confectionery manufacturer. One of them is headed by a woman. Two gained wealth through politics and privileged access to resources, and one employs more than 2 million people. Each family has a wealth of at least $34 billion, and two have more than $1 trillion.
1. Rothschild family, Germany
British actress Joanna Lumley with Lord Jacob Rothschild, who received the Prince of Wales Medal for Charity
Net worth ≈ $350 billion – $2 trillion
The richest families in the world cannot do without these people. The surname Rothschild is associated with international banking business since the late 1700s. Mayer Rothschild, who began this dynasty of rich men, was the chosen assistant and financial manager of the German royal family. He used his position in the courts to give great development banking for the German aristocracy. When his five sons came of age, they were based in Frankfurt, Naples, London, Vienna and Paris, managing the affairs of local banks. From that moment on, the centuries-old financial empire began to flourish.
Due to their relative restraint and isolation in matters of business, the Rothschilds formed an impression of themselves as conspirators and secret sculptors of history. It is difficult to track their assets and capital among large quantity descendants, but we can say for sure that they are still very rich. It is not for nothing that the family motto “Concordia Integritas Industria” calls for harmony, integrity and providence.
2. Royal House of Saudi Arabia, Saudi Arabia
King Salman bin Abdulaziz al Saud
Net worth ≈ $1.4 trillion
Although the modern government of Saudi Arabia was formed in 1932, the Al Saud family maintains absolute monarchy in the country since the 1700s. Since 2016, the family has been headed by King Salman bin Abdulaziz al Saud. The state he rules has huge oil reserves, which accounts for the Saudis' enormous wealth.
3. Walton family, USA
Son of founder Sam Walton, chairman Wal-Mart Stores Inc. Rob Walton, on stage during the AGM
Net worth ≈ $152 billion
Sam Walton built an empire in the industry retail for relatively short period. In the late 1940s and 50s, he gained sales experience in various franchise stores. In July 1962, Walton opened the first store in Rogers, Arkansas, called Walmart, and then Walmart Discount City. Since 2016, the chain has been called Wal-Mart Stores Inc. .
Walton revolutionized the retail industry. The success was brought by an original strategy - to open large stores with a large assortment of goods in small towns where there is no fierce competition. In the process of development, the company began to provide services for the search, selection and delivery of goods.
Sam Walton's six heirs own 54% of Wal-Mart. It is now the largest non-governmental employer in the world, employing approximately 2.1 million people (as of 2015).
4. Koch family, USA
Brothers David and Charles Koch
Net worth ≈ $89 billion
Koch Industries is the second largest private company in the world. It is a multinational conglomerate whose activities include real estate, finance, oil production and refining, consumer goods trading, chemicals and fertilizers.
It all started in 1940, when Frederick Koch launched an oil refinery. Things were going well, but the company's real heyday began in the 1980s, when the business came under the control of his sons Charles and David.
5. Mars Family, USA
Business tycoon. Son of Forrest Mars Sr. and grandson of Frank Mars, founder of the American confectionery company Mars
Net worth ≈ $80 billion
The richest families in the world love sweet life. Most of These people's fortunes were earned thanks to the world's largest candy and confectionery corporation, Mars Inc.
The company was founded in 1911 by Franklin Mars. His son Forest Mars became a worthy heir to the confectionery empire, and built on the company's success, including the launch of products such as Mars bars and M&Ms candies.
6. Slim Family, Mexico
Carlos Slim Helu - Mexican businessman of Lebanese origin, son of Maronite emigrants from Lebanon
Net worth ≈ $77 billion
Carlos Slim Helu in 2016 was in fourth place on the list of the richest people on the planet according to Forbes magazine. In the period from 2010 to 2013, he took first place in this ranking. Slim is the founder of Grupo Carso, a holding conglomerate that controls approximately 40% of the Mexican stock exchange (based on total share value). The main leaders of the financial empire are Carlos Slim himself and his sons.
7. Cargill-McMillan family, USA
Cargill CEO and President - Dave McMillan
Net worth ≈ $45 billion
The only private company in the world that is worth more than Koch Industries is Cargill Inc. (American food company). It was founded in 1865 by William Wallace Cargill. The company is 88% owned by the Cargill-McMillan family, which has 14 dollar billionaires. This is more than any other family in the world.
8. Bettencourt Family, France
Liliane Bettencourt with her daughter
Net worth ≈ $42.7 billion
In 1909, a young Franco-German chemist named Eugene Schuller developed a unique hair dye formula. Since Paris was the fashion capital of the world at the time, Eugene had no problem finding a market among wealthy Parisians and hairdressers. As a result, Schuller's business turned into cosmetics market giant L'Oreal. His daughter, Liliane, took control of the company after the death of her father and husband André Bettencourt in 2016. And in 2017, the largest cosmetics business was inherited by Liliane's daughter Francoise Bettencourt Myers - the most rich woman in the world at the moment.
9. Arnault family, France
Bernard Arnault - French businessman, president of the Louis Vuitton Moët Hennessy group of companies
Net worth ≈ $37.7 billion
Another French billionaire family, the Arnaults, are best known as the owner luxury brands Moet Hennessy, Louis Vuitton and Christian Dior. Family patriarch Bernard Jean Etienne Arnault remains chairman and CEO of Louis Vuitton. His two children, Antoine and Delphine, also participate in the administration of the empire.
10. Cox family, USA
James Cox - American politician, 46th and 48th Governor of Ohio, US presidential candidate in the 1920 election
Net worth ≈ $34.5 billion
The last place in the ranking of the richest families in the world is occupied by the surname Cox. They have learned to turn access to government into wealth that can be passed on from generation to generation. James Middleton Cox served two non-consecutive terms as governor of Ohio. In 1920, he took part in the unsuccessful presidential campaign from Democratic Party.
After his political experiences, he opened several newspapers and built a media brand while remaining close to the Democratic Party and Franklin D. Roosevelt, who chose him as his assistant in 1920. Cox Enterprises is now run by two of James Cox's grandchildren.