Data presented by Buy Shares indicates that the world’s wealthiest families cumulatively control a fortune of $621 billion. The wealth is as of October 2020.
The data shows that the Walton family that runs the Walmart retail chains controls a fortune of $215 billion, followed by the Mars family with wealth amounting to $120 billion.
The Koch family running the Koch industries owns a fortune worth $109.7 billion.
Al Saud family, known for vast wealth reserves, controls wealth worth $95 billion. India’s Ambani family owns the fifth-highest fortune at $81.3 billion.
Jeff Bezos is the wealthiest person in the world
The research also overviewed the wealth of the five wealthiest individuals globally.
Amazon founder Jeff Bezos is the wealthiest person with a fortune of $188.7 billion, followed by Bernard Arnault at $119.2 billion.
Microsoft founder Bill Gates is the third richest person with a net worth of $115.2 billion.
There is Facebook founder Mark Zuckerberg at $101.8 billion in the fourth spot, while Tesla CEO Elon Musk is the fifth richest person at $93 billion.
