The Wealthiest Families In America Even Cause Billionaires To Be Green With Envy
Some families in the United States are worth billions. From working in computer software to establishing successful casinos and hotels on the Las Vegas strip, these wealthy families have made their fortunes in many different ways.
Now, it's time to take notes and learn more about some of the wealthiest families in America.
The Lauder Family: $21 Billion
The Lauder family fortune comes from Estée Lauder's brilliant business plan. With the help of her husband Joseph, Estée created a cosmetics company under her name. It took off, and Time magazine even named Estée one of the biggest business geniuses of the 20th century.
Founded in 1946, the cosmetic company is still going strong, allowing the Lauder family's net worth to grow to $21 billion.
The Wynn Family: $3 Billion
Steve Wynn is the patriarch of the Wynn family and has accrued a lot of wealth throughout the years. He began his business ventures in the casino and hotel industry, where he established several luxury spots in Las Vegas, including the Golden Nugget, Treasure Island, and the Bellagio.
And let's not forget his line of hotels, Wynn Resorts. All of his business dealings have the Wynn family net worth around $3 billion.
The Murdoch Family: $18.1 Billion
Rupert Murdoch pretty much controls media with his company News Corp. The family owns Fox News, HarperCollins Publishing House, The Wall Street Journal, New York Post, The Daily Telegraph, The Sun, The Times, Herald Sun, and The Australian.
Rupert accrued a solid fortune for the Murdoch family with his global reach, a net worth of $18.1 billion.
The Bezos Family: $139 Billion
Jeff Bezos took a small book-selling program and turned it into a multi-billion dollar company, becoming one of the richest men in the world in the process. Since starting Amazon in 1994, the Bezos family net worth has done nothing but go up.
Bezos could even fund a trip to space with the family's net worth of almost $139 billion.
The Kraft Family: $10.6 Billion
Before owning one of the biggest franchises in the NFL, Robert Kraft was all about the Kraft Group, a holding company working in real estate development, paper and packaging, sports and entertainment, and a private equity folder.
Then, in 1994, he purchased the New England Patriots, an investment that paid off. He also founded the soccer team, the New England Revolution. Due to his pricey investments, the Kraft family's net worth is a high $10.6 billion.
The Koch Family: $63 Billion
The Koch Family is one of the wealthiest in not only the United States but the world. Starting with Fred C. Koch, he founded the chemical engineering firm Koch Industries. It would go on to become the second-largest private company in the US.
After his passing, Fred's sons, Charles and David, took over, bringing the company to new heights. Together, the Koch family fortune almost exceeds $63 billion.
The Gallo Family: $31.9 Billion
Founded in 1933 by Ernest and Julio Gallo, E & J Gallo Winery has become the largest exporter of California wine. Located in Modesto, California, the family's company has since branched off into other ventures, such as Joseph Gallo Cheese (the perfect partner of wine!)
As a popular wine brand, the family has accrued a fortune of $31.9 billion.
The Marshall Family: $20 Billion
During his life, J. Howard Marshall accrued a solid amount of money for his family. A businessman and investor, Marshall owned 16% of Koch Industries, invested in the petroleum industry, and was even the Assistant Dean at Yale Law School for some time.
Marchall's insane resume left his family with a net worth of $20 billion. With such a large estate, Marshall's family brought his widow, Anna Nicole Smith, to court.
The Duncan Family: $22 Billion
Coming from a low-income family in Shelby Country, Texas, Dan Duncan made quite a life and fortune for himself after founding and taking Enterprise Products Partners LP public. The company soon became the largest provider of gas and oil pipelines in the country.
The Duncan family has a net worth of $22 billion.
