Wertheimer Family - Chanel. Johnson Family—Fidelity Investments. Boehringer, von Baumbach Families—Boehringer Ingelheim. Albrecht Family—Aldi.
The Bottom Line. Which Family Is the Wealthiest on Earth? What 10 Richest Families Are the Wealthiest? Who Are the Wealthiest People in the World? The fourth generation of the Mars family, the second-richest clan after the Waltons, currently runs the eponymously named Mars candy company. By focusing solely on families, this list does not include the richest people on Earth, including Jeff Bezos, Elon Musk, and Bill Gates.
Article Sources. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace. Related Articles. Company Profiles 3 Brands Owned by the S. Johnson Family. Entrepreneurs Top 10 Indian Entrepreneurs. Wealth Who Is Aliko Dangote? Partner Links. Billionaire Definition A billionaire is an individual who has assets or a net worth of at least one billion currency units such as dollars, euros, or pounds.
Their ranks continue to grow globally. Trillionaire A trillionaire is an individual with a net worth of more than one trillion in U. Who Is Michael Bloomberg? Michael Bloomberg is a billionaire businessman, publisher, and philanthropist, and a former mayor of New York City.
Investopedia is part of the Dotdash publishing family. Incomes are expressed in dollars. More tepid growth in the income of middle-class households and the reduction in the share of households in the middle-income tier led to a steep fall in the share of U. These trends in income reflect the growth in economic inequality overall in the U. Even among higher-income families, the growth in income has favored those at the top. This disparity in outcomes is less pronounced in the wake of the Great Recession but shows no signs of reversing.
From to , the change in mean family income ranged from a loss of 0. Thus, the s marked the beginning of a long and steady rise in income inequality. A similar pattern prevailed in the s, with even sharper growth in income at the top. The period from to is unique in the post-WWII era. Families in all strata experienced a loss in income in this decade, with those in the poorer strata experiencing more pronounced losses.
The pattern in income growth from to is more balanced than the previous three decades, with gains more broadly shared across poorer and better-off families. Other than income, the wealth of a family is a key indicator of its financial security.
Wealth, or net worth, is the value of assets owned by a family, such as a home or a savings account, minus outstanding debt, such as a mortgage or student loan. Accumulated over time, wealth is a source of retirement income, protects against short-term economic shocks, and provides security and social status for future generations.
The period from the mids to the mids was beneficial for the wealth portfolios of American families overall. Housing prices more than doubled in this period, and stock values tripled. But the run up in housing prices proved to be a bubble that burst in Home prices plunged starting in , triggering the Great Recession in and dragging stock prices into a steep fall as well. The wealth gap among upper-income families and middle- and lower-income families is sharper than the income gap and is growing more rapidly.
The period from to was relatively prosperous for families in all income tiers, but one of rising inequality. Figures are expressed in dollars. The wealth gap between upper-income and lower- and middle-income families has grown wider this century. As of , upper-income families had 7. These ratios are up from 3. The reason for this is that middle-income families are more dependent on home equity as a source of wealth than upper-income families, and the bursting of the housing bubble in had more of an impact on their net worth.
Upper-income families, who derive a larger share of their wealth from financial market assets and business equity, were in a better position to benefit from a relatively quick recovery in the stock market once the recession ended. As with the distribution of aggregate income, the share of U. The richest families in the U. The tilt to the top was most acute in the period from to The wealthiest families are also the only ones to have experienced gains in wealth in the years after the start of the Great Recession in By , this ratio had increased to , a much sharper rise than the widening gap in income.
Remove some to bookmark this image. You are now subscribed to our newsletters. The pandemic has shifted US perceptions but not by all that much. Premium Premium Aha! A pattern!
And some mathematics! Premium Premium Message for Kabul. Premium Premium A look at the metaverse through four lenses of a metamo Premium Ruchir Sharma quits Morgan Stanley after year stint. Premium Berger beats Asian Paints on parameter which now matter Subscribe to Mint Newsletters.
Internet Not Available. Wait for it… Log in to our website to save your bookmarks. Yes, Continue.
0コメント