Top 10 Richest Families in the World 2023

In the ever-evolving landscape of global wealth, the year 2023 unveils a captivating chapter in the narrative of prosperity.

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Enter the exclusive realm of the elite, where family legacies transcend generations, and fortunes reach astronomical heights.

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The House of Nahyan claims the top spot, surpassing the Waltons of Walmart Inc. by $45 billion.

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Overseeing Walmart’s $611.3 billion revenue, the Walton family holds a substantial 46% ownership stake in the retail giant, maintaining enduring financial prowess.

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The luxury fashion brand's sixth-generation Hermes family has experienced a significant surge, accumulating an additional $56 billion, securing them the position of the world’s third-richest family.

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Pioneers in confections and pet-care products, the Mars family manages a diverse portfolio with over $47 billion in revenue, reflecting their commitment to innovation.

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Diversified interests in hospitality, insurance, contracting businesses, and foreign assets propel the Al Thani family to the pinnacle of global wealth, tracing their origins to the mid-19th century.

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Evolving from an oil enterprise into Koch Industries with an annual revenue of approximately $125 billion, the Koch family, led by Charles Koch, reflects their commitment to social impact.

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The Saudi royal family’s collective fortune, primarily derived from oil reserves, surpasses estimates, with Crown Prince Mohammed bin Salman personally commanding assets valued at over $1 billion.

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Mukesh Ambani leads the Mumbai-based conglomerate, Reliance Industries, with the world’s largest oil refining complex.

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Owners of the Chanel fashion house, the Wertheimer family's diversified investments include interests in racehorses and vineyards.

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Canada’s wealthiest family, the Thompsons, trace their prosperity to media mogul Roy Thomson. With a 69% ownership in Thomson Reuters, the family boasts a diversified portfolio.

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The net worth figures provided in this ranking exclude first-generation fortunes and those controlled by a single heir.

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Families with sources of wealth too diffuse or opaque for accurate valuation are intentionally excluded from this assessment, ensuring a focused evaluation of multi-generational family fortunes.

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Top 10 Richest Families in the World 2023

In the ever-evolving landscape of global wealth, the year 2023 unveils a captivating chapter in the narrative of prosperity.

Enter the exclusive realm of the elite, where family legacies transcend generations, and fortunes reach astronomical heights.

The House of Nahyan claims the top spot, surpassing the Waltons of Walmart Inc. by $45 billion.

10. Al Nahyan Family

Net Worth: $305 billion.

Overseeing Walmart’s $611.3 billion revenue, the Walton family holds a substantial 46% ownership stake in the retail giant, maintaining enduring financial prowess.

9. Walton Family

Net Worth: $Undisclosed

The luxury fashion brand's sixth-generation Hermes family has experienced a significant surge, accumulating an additional $56 billion, securing them the position of the world’s third-richest family.

8. Hermes Family

Net Worth: $Undisclosed

Pioneers in confections and pet-care products, the Mars family manages a diverse portfolio with over $47 billion in revenue, reflecting their commitment to innovation.

7. Mars Family

Net Worth: $47 billion (Revenue)

Diversified interests in hospitality, insurance, contracting businesses, and foreign assets propel the Al Thani family to the pinnacle of global wealth, tracing their origins to the mid-19th century.

6. Al Thani Family

Net Worth: Undisclosed

Evolving from an oil enterprise into Koch Industries with an annual revenue of approximately $125 billion, the Koch family, led by Charles Koch, reflects their commitment to social impact.

5. Koch Family

Net Worth: Undisclosed

The Saudi royal family’s collective fortune, primarily derived from oil reserves, surpasses estimates, with Crown Prince Mohammed bin Salman personally commanding assets valued at over $1 billion.

4. Al Saud Family

Net Worth: Undisclosed

Mukesh Ambani leads the Mumbai-based conglomerate, Reliance Industries, with the world’s largest oil refining complex.

3. Ambani Family

Net Worth: Undisclosed

Owners of the Chanel fashion house, the Wertheimer family's diversified investments include interests in racehorses and vineyards.

2. Wertheimer Family

Net Worth: $17.2 billion (Revenue)

Canada’s wealthiest family, the Thompsons, trace their prosperity to media mogul Roy Thomson. With a 69% ownership in Thomson Reuters, the family boasts a diversified portfolio.

1. Thompson Family

Net Worth: Undisclosed

The net worth figures provided in this ranking exclude first-generation fortunes and those controlled by a single heir.

Families with sources of wealth too diffuse or opaque for accurate valuation are intentionally excluded from this assessment, ensuring a focused evaluation of multi-generational family fortunes.