Oil, Retail, and Luxury: The Industries That Fuel the Largest Fortunes Globally and Who Owns the Largest Wealth Ever Seen!
The spectacular performance of the stock markets in 2024 further boosted the wealth of the world’s largest financial dynasties. According to Bloomberg’s annual ranking, the richest families continue to accumulate billion-dollar fortunes, led by the Waltons, owners of Walmart. Here are the 10 richest families and the sources of their wealth, according to G1.
Walton Family

- Fortune: US$ 432 billion (R$ 2.6 trillion), Walmart
The Waltons control about 46% of the world’s largest supermarket chain. Founder Sam Walton strategically distributed assets among his heirs, ensuring family cohesion and control.
Al Nahyan Family

- Fortune: US$ 323 billion (R$ 1.9 trillion), Oil Sector
The Al Nahyan family’s fortune, rulers of Abu Dhabi, derives mainly from oil. Sheikh Mohammed bin Zayed Al Nahyan is the President of the United Arab Emirates.
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A rare storm transformed part of the Gulf into an unlikely scene of hail, extreme rain, and tornado risk in the middle of the desert, with volumes that exceeded the annual average in a single day.
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Brazil catches the world’s attention with ships powered by ethanol and biodiesel that have lower emissions, an unprecedented certification with advantages in chartering, and a revolution in cabotage.
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A couple who only has Sundays free has built a hand-dug pool, a hamburger joint, a dance hall, and a playground in their own home without hiring a mason, and even with breaks due to accidents and the pandemic, the work has never truly stopped.
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Furniture made with aluminum and glass does not warp and has become an alternative to replace MDF in Brazil.
Al Thani Family

- Fortune: US$ 172 billion (R$ 1 trillion), Gas and Oil Sector
The Al Thani dynasty has prospered through natural gas and oil business in Qatar. Furthermore, its members have significant investments and hold important political positions.
Hermès Family

- Fortune: US$ 170 billion (R$ 1 trillion), Hermès
The sixth generation of the Hermès family controls the iconic luxury brand. Axel Dumas, one of the heirs, serves as the CEO of the company.
Koch Family

- Fortune: US$ 148 billion (R$ 900 billion), Koch Industries
Founded in the oil sector, Koch Industries has expanded into areas such as energy, chemicals, and technology. After a family dispute, Charles and David Koch remained in control of the company.
Al Saud Family

- Fortune: US$ 140 billion (R$ 850 billion), Oil Sector.
The wealth of the Saudi royal family comes from oil, with assets controlled by Crown Prince Mohammed bin Salman, who has an estimated net worth of over US$ 1 billion.
Mars Family

Fortune: US$ 133 billion (R$ 810 billion), Mars Inc.
Famous for M&M’s and Snickers chocolates, Mars Inc. also stands out in the pet products area, which now accounts for the majority of its revenue.
Ambani Family

- Fortune: US$ 99 billion (R$ 602 billion), Reliance Industries.
Mukesh Ambani leads the world’s largest oil refining complex and lives in the most expensive private mansion on the planet. His fortune began with the legacy left by his father.
Wertheimer Family

- Fortune: US$ 88 billion (R$ 535 billion), Chanel
The brothers Alain and Gerard Wertheimer inherited Chanel, founded in the 1920s, and diversified the business with wines and racehorses.
Thomson Family

- Fortune: US$ 87 billion (R$ 529 billion), Thomson Reuters
Thomson Reuters is a global reference in financial data and services. The fortune began in the 1930s with Roy Thomson, a pioneer in communications in Canada.

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