Earlier this year, the daughter of Rock and Roll legend Elvis Presley passed away. Lisa Marie left her three daughters, among other things, the Graceland estate and the museum in Memphis. Yet not much of the inheritance - about € 81 million - that she once received from her father remained. Those who could count on a decent amount are the heirs of these wealthy families. Who are these? MASTERS lists them.
The Walton family is one of the most wealthy families in the world. Retail giant Walmart was founded in 1962 by Sam Walton. The founder died in 1992 at the age of 74. The family fortune is divided between members of a total of three generations, including Sam's three children: Rob, Jim and Alice. Currently, the siblings' net worth is estimated at approx € 54 billion per person estimated. Fun fact: if all Walmart employees lived in one city, it would be the fourth most populous city in America. The chain has more than 11.000 physical stores worldwide.
In the early twentieth century, father Fred Koch started the family empire with oil trading. Although Koch Industries is an American multinational, the family tree can still be traced back to the Frisian town of Workum. Son Charles worked with his brother in the company until recently. After David's death, widow Julia inherited 42% of the shares in the family business. Her net worth is like Charles Koch at approx € 55 billion estimated.
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Best known for its silk scarves and Birkin bags, Hermès was founded in 1837 in Paris. At that time the company was a supplier of saddles. Because the nobility no longer rode horses at the end of the 19th century, the founder's son Emile-Maurice introduced suitcases and bags, among other things. In 1920, Hermès' offering was expanded to include watches, jewelry and home decoration. Axel Dumas - part of the sixth generation of the Hermès-Dumas family - is now the head of the French fashion house. Dumas became heiress € 30 billion.
The Mars family is an American family that owns the confectionery company Mars Inc. of the same name. Jacqueline and John Mars, grandchildren of founder Frank, currently each have a net worth of approx € 35 billion. Jacqueline worked for the company for almost twenty years and is still on the board of directors. However, the company is now mainly run by the children, now the fourth generation.
Brothers Alain and Gérard Wertheimer are currently co-owners of Chanel. The brothers' grandfather, Pierre Wertheimer, met Gabrielle Coco Chanel and became her business partner in 1924. Pierre financed the manufacturing and distribution, but eventually became the sole owner of the brand. The Wertheimer brothers inherited the shares of the fashion house. Alain 51% and Gérard 49%. The two's net worth is running out today € 34 billion estimated.
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