Bloomberg ranks the top 25 wealthest families globally and points out that scarcely a day goes by without a massive stock sale hitting the market from one of them. $99 million one day, $146 million the next, almost $294 million last week alone.
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These Are the World’s Richest Families
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Those ranked on the Bloomberg list represent multiple industries and geographies. The Johnsons of Boston-based Fidelity Investments were lifted by the surge in online trading. Asia’s richest family, the Ambanis, benefited from a pivot to green and digital, while the world’s biggest luxury fortunes, whose futures looked fraught at the depths of the health crisis, rose most of all. The family behind Paris-based Hermes soared 75% to $112 billion. The Lauders of Estee Lauder debuted on the ranking.
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