The 2024 edition of the Bloomberg ranking of the richest families confirms the dominance of industrial and royal dynasties, with fortunes reaching unprecedented heights.
Here is the detailed ranking of the 10 richest families, accompanied by a presentation of their successes.
1. Walton (USA) – Walmart : 432 Mds$
The Walton family maintains its place at the top thanks to a 46% stake in Walmart, a global distribution giant. In 2024, an 80% increase in Walmart shares strengthened their assets, the result of a transfer strategy initiated by founder Sam Walton. The Waltons embody the success of mass distribution.
2. Al Nahyan (United Arab Emirates) – Industry: $323 billion
The Al Nahyan, the royal family of Abu Dhabi, owe their immense wealth to the oil industry and diversified investments. Their central political role within the UAE contributes to its regional and global influence.
3. Al Thani (Qatar) – Industry: $172 billion
Qatar's royal family benefits from the country's energy resources, particularly liquefied natural gas, as well as investments in real estate and international businesses. Al Thani plays a key role in the global economy through its strategic assets.
4. Hermès (France) – Luxe : 170 Mds$
The Hermès house, an emblem of French luxury, is owned by a family who has preserved its independence over six generations. With more than 100 members, Hermès continues to cultivate the artisanal excellence that has built their reputation.
5. Koch (USA) – Industry: $148 billion
The Kochs, owners of the Koch Industries empire, have managed to diversify their activities, including chemicals, energy and financial investments. Their ability to innovate and adapt has allowed them to remain among the world's greatest fortunes.
6. Al Saud (Saudi Arabia) – Industry: $140 billion
The Saudi royal family remains a key player thanks to Saudi Aramco, the world's largest oil company. Their colossal income allows them to influence the global economy and geopolitics.
7. March (USA) – Agri-food: $133 billion
The heirs of Mars, famous for its confectionery and food products, continue to reign over a diverse empire, combining food innovations and sustainable initiatives. Their company remains a pillar of the food industry.
8. Ambani (India) – Industry: $99 billion
The Ambanis, through Reliance Industries, dominate the Indian market with businesses spanning energy, telecommunications and retail. Their influence on the Indian economy is major, as is their role on the international scene.
9. Wertheimer (France) – Chanel : 88 Mds$
Owners of Chanel, the Wertheimer families have maintained the timeless aura of the brand. They perpetuate the legacy of Coco Chanel while developing the modernity and elegance that characterize their products.
10. Thomson (Canada) – Media: $87 billion
The Thomsons dominate the media industry through Thomson Reuters. Their expertise in information and technology allows them to stay relevant in an ever-changing world.
Key success factors
The dynastic successes of these families are based on fundamental elements:
- Family cohesion : United management of assets to avoid conflicts.
- Transmission strategies : A smooth intergenerational transition which ensures the sustainability of businesses.
- Diversification : An expansion of activities in various sectors to guarantee their economic resilience.
A diversified geographical distribution
The ranking reflects a global distribution of wealth:
- North America : 4 families (Walton, Koch, Mars, Thomson)
- Middle East : 3 familles (Al Nahyan, Al Thani, Al Saud)
- Europe : 2 families (Hermès, Wertheimer)
- Asia : 1 family (Ambani)
An evolving dynamic
This 2024 ranking illustrates not only the domination of traditional industries but also the emergence of new players from diversified sectors.
These dynasties continue to play a crucial role in the global economy while redefining the standards of intergenerational success.