Five world’s wealthiest families control a fortune of over $620 billion

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.

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