The Lauder family is an American Jewish family. It owes its initial fame to Estée Lauder, who with her husband Joseph H. Lauder, made a fortune via her eponymous cosmetics business, Estée Lauder Companies, during the 20th century.
- The richest families in the world own billions, possessing $US1.1 trillion in wealth collectively, according to Bloomberg.
- This wealth is derived from various industries, including retail, media, agribusiness, technology, and more.
- From the Ferrero family’s Nutella fortune to the Walton family’s Walmart fortune, here are the 25 richest families in the world.
From the richest families in America to the richest royals in Europe, high concentrations of wealth can be found all around the world.
In fact, there are 2,208 billionaire individuals across 72 countries for a combined total of $US9.1 trillion, according to Forbes. But what about the world’s billionaire families?
Bloomberg ranked the top 25 families with the richest fortunes across the globe – together, they possess $US1.1 trillion in wealth from retail industries, media conglomerates, agribusiness companies, tech giants, and more.
24. The Lauder family (Pictured Above)
Net worth: $US24.3 billion
Source of wealth: Estée Lauder
In 1947, the Estée Lauder brand was born. Today, the company, which includes 30 brands of makeup including MAC and Clinique, generates $US12 billion in revenue from the sale of cosmetics and fragrances.
The Lauders are active philanthropists, and sons Leonard and Ronald are major art collectors. Leonard donated $US1 billion worth of paintings and sculptures to the Met. The family also owns a lot of real estate.
See the other 24 families at……..
The 25 richest families in the world, ranked
Below is the official ranking of the Worlds Richest Families back in June from Bloomberg, with several other tidbits of information about each family. Worth a look if you are interested in the richest families.
Walmart, Samsung, Koch Industries and Hermes have built some of the biggest fortunes to ever be handed down between generations.
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