Top 10 Richest Families In America 2023: In the dotcom era, self-made millionaires are ubiquitous, but their fortunes pale in comparison to those of the ten wealthiest families in America. These families did not become wealthy immediately, but their wealth has stood the test of time due to their strong family ties and astute estate planning.
Top 10 Richest Families In America 2023
1. Walton (130 billion dollars)
The Walton family business, one of the wealthiest in the United States and the globe, is now in its third generation.
2. Koch (82 billion dollars): Top 10 Richest Families In America 2023
Despite contentious litigation between Koch’s four sons over business interests, the company remains the second largest privately-held company in the United States.
3. Mars (78 billion dollars)
The Mars family advocated for the abolition of the estate tax, a crucial move considering that the 40% estate tax can reduce fortunes in half.
4. $49.0 billion for Cargill-MacMillan
This family tree contains fourteen billionaires.
5. Cox (41 billion dollars): Top 10 Richest Families In America 2023
Diversification has helped the Cox family increase their wealth over the years, despite their origin in the media industry.
6. S.C. Johnson (30 billion dollars)
This multinational brand, now in its fifth generation of family ownership, has become a household name.
7. Pritzker (29 billion dollars): Top 10 Richest Families In America 2023
The Pritzker family is well-known for its use of trusts to avoid taxes prior to their widespread adoption. Effective planning pays off.
8. Johnson ($28,500,000,000)
The Johnson family owns 49% of this mutual fund company, and the granddaughter of the company’s founder currently serves as CEO.
9. Hearst ($28 billion)
In 1887, a newspaper business transferred from father to son grew into the media conglomerate we know today.
10. Duncan ($21,500,000,000): Top 10 Richest Families In America 2023
In 1968, the Duncan family invested $10,000; their current net worth is $21.5 billion. Not terrible for a family-run business.
These households can provide context for your own financial trajectory. Are you on the correct path? Are you maximising your financial resources? Even from the most modest of beginnings, it is possible to amass considerable wealth; all that is required is careful preparation.
Top 10 Richest People In America 2023
