The richest families of 2020 with the biggest empires #infographic

Published by Yamna Ali Monday, September 7, 2020

While many people struggled to find ways to feed their families, some families kept getting better in terms of wealth. Having wealth in the palms of your hand has more to do with the family fortune than with yourself. The first list provides the top 25 wealthiest families recorded in 2020, while the second one highlights the sector each of these families belongs to.

Which sectors make the most money?

All of these families made their fortunes by making investments in the most profitable industries. This list emphasizes the roots belonging to each of these families that led them to build their strong empires. For instance, the sector of Consumer Services has the maximum net worth of around $514.3 billion, while the sectors of Industrials and Consumer Goods remain on second and third positions with the net worth of $324.1 billion and $187.3 billion, respectively.

Ultra-wealthy families and their rankings on the list

According to the list, the richest family to exist on this earth belongs to Walton with a worth of $215 billion. Since this wealth comes directly from the heir of the family, that is why the entire family gets to enjoy the true splendor of life.

The next family with a worth belongs to Mars for owning a fortune of $120 billion after building the gigantic empire of treats. Followed by Mars, the next wealthiest family on the list belongs to Koch with a net worth of $109.7 billion for establishing Koch industries in early 1967 when the heir of the family Fred. C Koch left this world. AS a result, The Koch industries were established by the two brothers called Charles and David.

Infographic by: Visualcapitalist.com

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