The Richest Families In America 2011
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Saturday, September 24, 2011
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Rounding out the top 10 richest families on the Forbes 400 in 2011.
The Walton Family is by far the richest family in United States (the dispersed fortunes of the Rockefellers and others being unknown to the public), their wealth inherited from Bud and Sam Walton, founders of the world’s biggest retailer,Wal-Mart. The Waltons have a combined wealth of US$93 billion according to Forbes 400. The oldest fortune is that of the Cargill family. W.W. Cargill founded a grain storage company in 1865 which has since grown into the world’s largest private company.
Number of relatives refers to members on The Forbes 400 in 2011:
#1. Walton Family – 6 relatives
Combined Net Worth: $93 BillionSource: Wal-Mart, founded by Sam Walton in 1962, with revenues of $405 billion in 2010.
#2. Koch Family – 3 brothers
Combined Net Worth: $54 billionSource: Koch Industries, which operates pipelines, produces fertilizer, chemicals, polymers and owns forestry company Georgia Pacific; Brothers David and Charles own large stakes in $100 billion (revenues).
#3. Mars Family – 3 siblings
Combined Net Worth: $41.4 billionSource: Siblings share ownership of Mars, the world’s largest confectioner, maker of M&Ms, Milky Way and 3 Musketeers and a long list of others.
#4 Cox Family- 3 relatives
Combined Net Worth: $24 billionSource: Family members share ownership of Cox Enterprises, whose assets include cable company Cox Communications and newspaper, TV and radio group Cox Media.
#5. Pritzker Family – 11 relatives
Combined net worth: $19.6 billionSource: The family inherited pieces of a diversified fortune that includes Hyatt Hotels and host of industrial assets that were built up A.N. Pritzker and his sons Jay (d. 1999) and Robert.
#6. Cargill Family – 7 relatives
Combined Net Worth: $14.3 billionSource: Seven members of the Cargill and MacMillan families inherited stakes agribusiness giant Cargill Inc., which had revenues of $119.5 billion in the fiscal year through May 2011.
#7. Duncan Family – 4 siblings
Combined Net Worth: $13.6 billionSource: Siblings inherited their wealth from their father Dan Duncan, who built Enterprise Products into an energy company that owns 49,000 miles of pipelines.
#8. Ziff Family – 3 brothers
Combined Net Worth: $12.6 billionSource: Brothers share ownership of Ziff Brothers Investments, a diversified portfolio of hedge funds, real estate, equities and commodities. Their father built the Ziff-Davis publishing empire.
#9. Newhouse Family – 2 brothers
Combined Net Worth: $12.5 billionSource: Brothers S.I. and Donald run newspaper and media company Advance Publications (owner of magazine publisher Conde Nast) and own stock in Discovery Communications.
#10. S. C. Johnson Family – 5 relatives
Combined Net Worth: $11.5 billionSource: H. Fisk Johnson is CEO of household products company S.C. Johnson, with $9 billion in revenues.
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