Combined Fortune of World’s Wealthiest Families Increased 22 Percent in the Last Year

Last names like Walton, Mars, Koch and Hermes are only part of the list of the world's richest families

Members of the Walton family (L-R) Rob, Alice, and Jim speak during the annual Walmart shareholders meeting event in Fayetteville, Ark., on June 1, 2018. Rick T. Wilking/Getty Images

By Entrepreneur Staff

Right now, Jeff Bezos, Elon Musk, and Bernard Arnault dominate the ranking of the world’s great billionaires. However, if we talk about entire families, the list changes completely. As reported by Bloomberg, the combined fortune of the 25 richest families of the world increased 22 percent last year and the new list is led by the Waltons, owners of Walmart, the largest retail chain more globally.

The agency, which specializes in monitoring the great fortunes of the planet, estimates that the Walton family has a fortune of $238.2 billion. This equates to the gross domestic product (GDP) of countries like Ecuador, Puerto Rico, and Paraguay, together.