There are many wealthy families in America thanks to massive corporations and thriving businesses. But who are the top twelve wealthiest in America today? Here is a list of the richest families in the US, populated thanks to an internet forum.
1. Walton Family
The Walton family’s wealth began when Sam Walton established the first Walmart in 1962. There are currently seven living members of the family. Today, Walmart is the largest retailer in the world, with over 12,000 stores. The Walton family is the richest family in America, with a net worth of $247 billion.
2. Koch Family
The Koch family owns Koch Industries, one of the largest privately owned companies in the United States. Brothers David and Charles are also widely known for their impact on American politics. They are one of the richest families in America, with currently four family members and a net worth of $100 billion — but quite a drop from the wealthiest family in America.
3. Mars Family
Candy lovers have likely heard of the Mars family before. They own Mars Inc., which produces Snickers, M&M’s, Twix, and other popular candy bars. Their net worth is $94 billion, and there are a whopping thirty-one family members.
4. Cargill-MacMillan Family
According to Forbes, the Cargill-MacMillan family has fourteen billionaires, the most of any family worldwide. Their total net worth is $47 billion. Cargill Inc. is worth nearly $115 billion and produces and distributes food items, including sugar, turkey, and chocolate.
5. Lauder Family
Lauder family members are the cosmetics tycoons behind the Estée Lauder brand. The family’s matriarch founded the company with her husband in 1946. Today, the third generation of Lauder’s helps guide the company’s growth and leadership. The net worth of this family is $40 billion.
6. S.C. Johnson Family
Samuel Curtis Johnson is the founder and namesake of the family-owned S.C. Johnson company. In the 1800s, Johnson’s flooring business grew after he invented the company’s floor wax. Today, the family is worth $37 billion and owns brands like Glade and Ziploc.
7. Edward Johnson Family
In 1946, Edward C. Johnson II founded the Fidelity Management & Research Company. Today, the privately owned company is managed by his granddaughter, Abigail. The family has a net worth of $36 billion.
8. Cox Family
This family name is another one that will probably sound familiar to you. The Cox family started amassing its fortune in 1898 after James M. Cox purchased the Daytona Evening News. Today, Cox Enterprises includes telecommunications companies Cox Communications and Cox Media Group and has a net worth of $34.5 billion.
9. Pritzker Family
Abram Nicholas Pritzker was the son of Ukrainian immigrants who settled in Chicago in the 1880s. He grew his wealth by purchasing real estate and businesses in the area. Today, the Pritzker family is known for building the Hyatt Hotel chain, among other enterprises. Their net worth is $32.5 billion.
10. Newhouse Family
Pretty much everyone has heard of Newhouse Publishing, right? Samuel Irving Newhouse began what is the international multimedia publisher by purchasing the Staten Island Advance in 1922. Now led by S.I. and Donald Newhouse, Advance’s holdings include Condé Nast, Stage Entertainment, American City Business Journals, and Reddit, among others. They have a net worth of $30 billion.
11. Duncan Family
Dan Duncan, the son of an oil worker, founded Enterprise Products Partners in 1968. He later became one of the largest pipeline operators in the United States. With headquarters in Houston, Texas, this family has a net worth of $22 billion.
12. Hearst Family
The Hearst family gained wealth and notoriety for mining businesses in the 1880s. It grew when William Randolph Hearst Jr. made a name for himself by creating the first nationwide media company.
Today, Hearst Corp. owns hundreds of newspapers and magazines worldwide and has investments in cable TV channels such as ESPN, Lifetime, and A&E. They have a net worth of $21 billion.
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