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Richest Families
Various lists of the richest families (excluding royal families or autocratic ruling dynasties) are published internationally, by ''Forbes'' as well as other business magazines. There is a distinction between wealth held by identifiable individual billionaires or a "nuclear family" and the wider notion of an extended family or a historical "dynasty," where the wealth of a historically family-owned company or business like the Scudder family has become distributed between various branches of descendants, usually throughout decades, ranging from several individuals to hundreds of offspring (such as the Rothschild family). According to Bloomberg, the world's 25 richest families control more than $1.4 trillion (1,400,000,000,000) of wealth. Contemporary rankings ''Note: The list includes families who, according to reliable sources, have a combined net worth of 5 billion US dollars and above.'' Historical Excluding royal dynasties and land-owning aristocracy, the wealthiest ...
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Royal Families
A royal family is the immediate family of monarchs and sometimes their extended family. The term imperial family appropriately describes the family of an emperor or empress, and the term papal family describes the family of a pope, while the terms baronial family, comital family, ducal family, archducal family, grand ducal family, or princely family are more appropriate to describe, respectively, the relatives of a reigning baron, count/earl, duke, archduke, grand duke, or prince. However, in common parlance members of any family which reigns by hereditary right are often referred to as royalty or "royals". It is also customary in some circles to refer to the extended relations of a deposed monarch and their descendants as a royal family. A dynasty is sometimes referred to as the "House of ...". In July 2013 there were 26 active sovereign dynasties in the world that ruled or reigned over 43 monarchies. Members of a royal family A royal family typically includes the spouse ...
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Lukas Walton
Lukas Tyler Walton (born September 19, 1986) is an American billionaire heir. He is the grandson of Sam Walton, the founder of Walmart. As of February 2025, ''Forbes'' estimated his net worth at US$40.9 billion. Early life and career Lukas Walton is the only child of John T. Walton (1946–2005) and his wife Christy Walton. He grew up in National City, California, and Jackson Hole, Wyoming. His father, John T. Walton, died in a plane crash in 2005. Following his father's death, he moved with his mother to Jackson, Wyoming. When he was three years old, Walton was diagnosed with a rare kidney cancer, and his mother attributed his recovery to a plant-based remedy from her garden. He has a bachelor's degree in environmentally sustainable business from Colorado College, where he graduated in 2010. He went on to work at True North Venture Partners. Politics In 2020, Walton gave $5,600 to the Biden campaign and $142,000 to the Democratic National Committee. Personal life Walt ...
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Gustaf Wallenberg (diplomat)
Gustaf Oscar Wallenberg (6 January 1863 – 21 March 1937) was a Swedish diplomat, naval officer and shipowner. Wallenberg was born in 1863 in Stockholm, the son of prominent banker André Oscar Wallenberg. He came from a large and influential family, with thirteen full siblings and several half-siblings, many of whom held important positions in Swedish society. Like others in his family, Wallenberg began his career in the navy but soon transitioned to business, where he made lasting contributions to Sweden's transportation sector. He became a shipowner, served on the board of Stockholms Enskilda Bank, and helped found the Stockholm–Saltsjön Railway Company and a shipping line connecting Sweden to continental Europe. Wallenberg also played a major role in shaping national trade policy, participating in numerous government committees and serving in parliament from 1900 to 1906. In 1906, he was appointed envoy to Japan and later accredited to China, becoming a key figure in Swe ...
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Marcus Wallenberg Sr
Marcus Laurentius Wallenberg, Sr. (5 March 1864 – 22 July 1943) was a Swedish banker and industrialist. He was CEO of Stockholms Enskilda Bank (SEB) from 1911 to 1920. Early life Wallenberg was born on 5 March 1864 in Stockholm, Sweden, the son of André Oscar Wallenberg and his second wife . He had thirteen full siblings, including brothers Gustaf (1863–1937), (1872–1939), (1874–1963), and Victor (1875–1970), as well as four half-siblings, among them half-brother Knut Agathon (1853–1938). Wallenberg became ''underlöjtnant'' in the Swedish Navy in 1882 but left his position the same year at the age of 18 and received a Candidate of Law degree from Uppsala University in 1888. He was appointed Master of Laws with court training in 1890. Career SEB In 1890, Wallenberg became ombudsman for Stockholms Enskilda Bank (SEB) and from 1892 belonged to the bank's executive board. In 1892, Marcus's older half brother, Knut Agaton Wallenberg, was CEO of Stockholms Ens ...
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Jacob Wallenberg (1892–1980)
Jacob "Juju" Wallenberg (27 September 1892 – 1 August 1980) was a Swedish banker and industrial leader. Wallenberg held various central positions in Stockholms Enskilda Bank. He was also chairman of the board of several companies, including Stora Kopparbergs Bergslag and Orkla Mining Company. From 1934 to 1944 he was a member of the Swedish governmental commission for trade with Germany. Early life Wallenberg was born in Stockholm, Sweden, the son of Marcus Wallenberg Sr. and his wife Amalia (née Hagdahl) and brother of Marcus Wallenberg Jr. He grew up in Östermalm in Stockholm and spent many summers at Malmvik Estate in Lovön. The tradition in the family was patriarchal, but privately Jacob Wallenberg was subordinate to his mother, the matriarch Amalia, whose birthday the family still celebrates May 29 each year. He moved away from home only when he approached 30 years old, and then just upstairs in the house at Strandvägen 27. After six years of education at ...
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Marcus Wallenberg Jr
Marcus, Markus, Márkus or Mărcuș may refer to: * Marcus (name), a masculine given name * Marcus (praenomen), a Roman personal name Places * Marcus, a main belt asteroid, also known as (369088) Marcus 2008 GG44 * Mărcuş, a village in Dobârlău Commune, Covasna County, Romania * Marcus, Illinois, an unincorporated community, United States * Marcus, Iowa, a city, United States * Marcus, South Dakota, an unincorporated community, United States * Marcus, Washington, a town, United States * Marcus Island, Japan, also known as Minami-Tori-shima * Mărcuș River, Romania * Marcus Township, Cherokee County, Iowa, United States Other uses * Markus, a beetle genus in family Cantharidae * ''Marcus'' (album), 2008 album by Marcus Miller * Marcus (comedian), finalist on ''Last Comic Standing'' season 6 * Marcus Amphitheater, Milwaukee, Wisconsin * Marcus Center, Milwaukee, Wisconsin * Marcus & Co., American jewelry retailer * Marcus by Goldman Sachs, an online bank * USS ''Marcus' ...
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CNBC
CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Daytime television in the United States, daytime trading day, and early-evening hours, with the remaining hours (such as weekday prime time and weekends) are filled by business-related Television documentary, documentaries and reality television programming, as well as occasional NBC Sports presentations. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and podcast content, as well as subscription-based services. CNBC's headquarters and main studios are located in Englewood Cliffs, New Jersey, while it also maintains a studio at the Nasdaq MarketSite in Times Square, New York City. CNBC was originally founded in April 1989 as the Consumer News and Business Channel, a joint venture between NBC ...
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Wallenberg Family
The Wallenberg family is a prominent Swedish family of bankers, industrialists, politicians, bureaucrats and diplomats, present in most large Swedish industrial groups, including EQT AB, Ericsson, Electrolux, ABB, SAS Group, SKF, Atlas Copco, Saab AB, and more. In the 1970s, the Wallenberg family businesses employed 40% of Sweden's industrial workforce and represented 40% of the total worth of the Stockholm stock market. The most famous of the Wallenberg family, Raoul Wallenberg, a diplomat, worked in Budapest, Hungary, during World War II to rescue Jews from the Holocaust. Between July and December 1944, he issued protective passports and housed Jews, saving tens of thousands of Jewish lives. Their flagship company, Investor AB, has a market capitalization of around $60 billion. The family is also heavily involved in philanthropy through the Wallenberg foundations, especially the Knut and Alice Wallenberg Foundation. History The earliest known member of the Wallenberg fa ...
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Sam's Club
Sam's West, Inc. (doing business as Sam's Club) is a chain of membership-only warehouse club retail stores in the United States owned by Walmart. It was founded in 1983 and named after Walmart founder Sam Walton as Sam's Wholesale Club. , Sam's Club ranks second in sales volume among warehouse clubs with $90.2 billion in sales, ahead of BJ's Wholesale Club but behind its main rival Costco. , Sam's Club operates 600 membership warehouse clubs in the United States across 44 states and Puerto Rico, with no locations in Alaska, Massachusetts, Oregon, Rhode Island, Washington State, and Vermont. Sam's Club offers car wash services at gas stations in 41 locations. Sam's Club also operates 173 locations in Mexico and 48 locations in China. Grupo Big, formerly Walmart Brazil, which was de-consolidated from Walmart in August 2018 and since then is part of Carrefour Group, also operates 58 Sam's Club locations in Brazil and to operate them pay a fee for the use of the brand. Locations ...
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Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas. The company was founded in 1962 by brothers Sam Walton and Bud Walton, James "Bud" Walton in nearby Rogers, Arkansas. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. Walmart is the List of largest companies by revenue, world's largest company by revenue, according to the Fortune Global 500, ''Fortune'' Global 500 list in October 2022. Walmart is also the List of largest United States–based employers globally, largest private employer in the world, with 2.1 million employees. It is a publicly traded family-owned business (the largest such business in the world), as the company ...
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Bud Walton
James Lawrence "Bud" Walton (December 20, 1921 – March 21, 1995) was the brother of Sam Walton and a Walmart businessman. Biography Early life Walton was born to Thomas Gibson Walton and Nancy "Nannie" Lee Lawrence Walton on December 20, 1921, in Kingfisher, Oklahoma. His father worked as a farm appraiser and mortgage agent. The family moved often because of Thomas Walton's job. When he was two years old, his family moved from Oklahoma to Springfield, Missouri. The Walton family later lived in Marshall, Shelbina, and Columbia, Missouri. As children, the boys worked on the family's farm. Bud Walton delivered newspapers, worked as a lifeguard, and did yard work. He attended David H. Hickman High School in Columbia, Missouri, where he played varsity basketball and was elected senior class president. After graduation, he attended Wentworth Military Academy in Lexington, Missouri. He served as a Navy pilot in World War II. While undergoing flight training, Bud met and marr ...
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Sam Walton
Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for Co-founding the retailers Walmart and Sam's Club, which he started in Rogers, Arkansas, and Midwest City, Oklahoma, in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the biggest private employer in the world. For a period of time, Walton was the richest person in the United States. His family has remained the richest family in the U.S. for several consecutive years, with a net worth of around $440.6 billion US as of January 2025. In 1992 at the age of 74, Walton died of blood cancer and was buried at the Bentonville Cemetery in his longtime home of Bentonville, Arkansas. Early life Samuel Moore Walton was born to Thomas Gibson Walton and Nancy Lee, in Kingfisher, Oklahoma. He lived there with his parents on their farm until 1923. However, farming did not provide enough money to raise a family, and Thoma ...
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