17 RICHEST FAMILY IN THE WORLD IDEAS

17 Richest Family In The World Ideas

17 Richest Family In The World Ideas

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Brothers Theo and Karl Albrecht created the discount supermarket Aldi, Bloomberg reported. Today, there are more than 10,000 stores between the two branches, Aldi Nord and Aldi Sud. Theo also invested in Trader Joe's, transforming it into a chain with more than 350 stores. The Ferrero fortune dates back to 1940s Italy, when Michele Ferrero created what is now known as Nutella.

That is why most of the developed countries have introduced an ‘inheritance tax’ for such families so that the disparities amongst the economic classes could be reduced. BloombergThe company is now run by Johnson’s granddaughter, Abigail. The mutual fund firm, Fidelity Investments, was founded by Edward C. Johnson II in 1946 in Boston and is the largest financial service firm in the world and provides investment services to millions of people. Lin , co-founder of the National Young Arts Foundation and Miami’s New World Symphony, is the matriarch of this family, whose fortune stems from her late husband Ted’s Carnival Cruise Lines. Ted’s son Micky is chairman of the board , and investor Shari, Ted’s daughter, is said to be Israel’s richest woman.

Computer scientist Sergey Brin co-founded Google with Larry Page back in 1998, and is currently the president of the search engine's parent company Alphabet Inc. At the time of writing, his net worth stands at $119.7 billion (£87.6bn). Brin's ex-wife Anne Wojcicki, with whom he has two children, is the co-founder and CEO of personal genomics firm 23andMe, and is independently estimated to be worth over $500 million (£361m). After the authorities shut down his profitable fireworks factory in World War II, entrepreneur Oei Wie Gwan founded clove cigarette firm Djarum. Today, the brothers have a combined fortune of $38.8 billion (£28bn). Retail royalty, the Mulliez family has been involved in the industry since the 19th century when patriarch Louis Mulliez-Lestienne founded clothing chain Phildar in the northern French city of Roubaix.

Walmart is the world’s largest retailer, one of the world’s largest businesses in terms of yearly revenue, and the world’s largest private employer, with little over 2.2 million employees. Alice Walton also has a net worth of $60.1 billion, making her the world’s 14th wealthiest person and the richest woman. Late brothers Karl and Theo Albrecht founded Aldi in 1946 in Essen. The supermarket chain split into two different entities in 1960, Aldi Nord and Aldi Süd, after the siblings disagreed over whether to stock cigarettes. Both groups went on to expand internationally, and Aldi Nord snapped up US chain Trader Joe's in 1979.

The German pharmaceutical company, Boehringer Ingelheim was founded in 1885 by Albert Boehringer. One of the richest families in real estate, the Goldman clan owns more than 700 properties across the country as well as stakes in the World Trade Center developments in lower Manhattan, says Forbes. The Ambani family is the wealthiest family of India and is the owner of Asia’s biggest conglomerate Reliance Industries. Reliance was founded by Dhirubhai Ambani in 1957, and the company oversees refining, petrochemicals, oil, gas, and textiles, and both brothers have their own telecommunication company. Mukesh Ambani has the biggest telecommunication company, Jio of India, and Ani’s elder son, Anmol, is also the executive director of Reliance Capital.

The family and the LVMH group also pledged over $220 million for the repair of the Notre Dame Cathedral in Paris. Kamprad later died in his sleep of pneumonia at the age of 91 at his home in Sweden in 2018. Half of his wealth went for the projects in Norrland, which is a sparsely populated part of Sweden as he wanted to develop that part and wanted to make it possible for young people to live in that part. His other half wealth was divided into three other family members, Peter Arras Feodor Kamprad, Hans Jonas Ingvar Kamprad, Nicolas Achim Mathias Kamprad, o. Feodor I. Kamprad was a Swedish businessman who is the founder of IKEA, which is a multinational retail company and specializes in furniture. He was a businessman from childhood as he started selling matches at the age of five, then at the age of 7, he further afield on his bicycle to sell to neighbors.

In March 2020, CP Group made a successful $10.6 billion (£7.6bn) bid to buy Tesco's operations in Thailand and Malaysia. What Warren Buffett once described as his “worst deal” proved to be the best thing that ever happened to the Alfond family. In 1993, Harold Alfond sold his Maine-based Dexter Shoe Company to Buffett’s Berkshire Hathaway for $433 million—in stock. Alfond’s estate, which he left to his four children , was estimated to be worth $3 billion when he died in 2007.

Like his brother, Peter is also a private equity investor and serves on numerous boards. Piedmontese confectioner Michele Ferrero created the iconic Nutella spread in 1964, and oversaw the expansion of the clan's chocolate empire. Pietro died in a biking accident in 2011 and Michele passed away in 2015, leaving Giovanni as the sole heir.

Today,the fortuneis split among 13 family members, 11 of whom are billionaires. They reportedly spent much of the 2000s arguing over trusts, ultimately dividing up the fortune at the end. GDP accounts for roughly 25% of the global economy, a share that has actually changed significantly over the last 60 years. The finance, insurance, and real estate ($4.7 trillion) industries add the most to the country’s economy, followed by professional and business services ($2.7 trillion) and government ($2.6 trillion). Despite a global recession, most of the world’s wealthiest families seem to be doing just fine—however, not everyone on the list has been thriving this year.

According to Bloomberg, the world's 25 richest families control $1.4 trillion of wealth. The granddaughter of L'Oréal founder Eugéne Schueller, Bettencourt Meyers, who is pictured here with her sons Nicolas and Jean-Victor, devotes her time to writing Bible commentaries and improving Jewish-Christian relations. Founded in 1885 in Germany by Albert Boehringer, Boehringer Ingelheim initially produced tartaric acid for top 10 the food industry before branching out into pharmaceuticals. Today, the drugmaker is among the 20 biggest pharma companies in the world. Boehringer's descendants control the family firm, with scion Hubertus von Baumbach serving as company chairman.

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