๐Ÿ‘‹ Welcome to Digg

Thanks for creating an account! Your accounts lets you Digg (upvote) stories, save stories to revisit later, and more.


๐Ÿ“ฉ Stay up-to-date

Email will be sent to:

Select the newsletters youโ€™d like to receive. You can change your subscriptions any time in your user settings.

๐ŸŽ‰ Youโ€™re all set!

Enjoy your new account! As a reminder, you can change your profile and email settings in your profile.

View account

LIKE FATHER, LIKE SUM

Digg ยท Updated:

The world's 25 richest families are worth a whopping $1.4 trillion. Here's a look at which families made the list and the main sources of their fortunes.

Using figures from Bloomberg, financial data site Visual Capitalist put together a visualization of the richest families in the world in 2020, ranking them by the size of their net worth. The illustration excludes first-generation wealth, which explains the absence of Jeff Bezos and Bill Gates, who currently rank as the world's No. 1 and No. 2 richest individuals, respectively.

See a full-size image of the graph here.

According to the graph, the Waltons, which own half of Walmart, the largest retailer in the world, are the richest family in the world. Their net worth totals a staggering $215 billion, $95 billion more than the second wealthiest family, the Marses, known for its eponymous candy bar.

And while some of the families listed in the graph have suffered a loss in net worth in 2020 — the Koch family fortune, for instance, has decreased $15 billion from 2019 to 2020 due to the oil crash earlier this year — the Walton family fortune has skyrocketed. Despite the pandemic — or rather, because of it — the Waltons grew their wealth by $25 billion this year or almost $3 million per hour, according to Bloomberg.


[Read more at Visual Capitalist]

Want more stories like this?

Every day we send an email with the top stories from Digg.

'It's the only newsletter that always engages me'
 →  Get the Digg morning newsletter
See a sample