On the picture: UAE Minister of Tolerance Sheikh Nahayan Mabarak Al Nahayan (L) tours at the exhibition of the Jewellery and Watch Show at Abu Dhabi National Exhibition Centre, United Arab Emirates, 26 October 2019 EPA-EFE/ALI HAIDER
Bloombergs agency published a ranking of the richest families for this year. The list is topped by the UAE's ruling dynasty, Al Nahyan, whose fortune is estimated at $305 billion. "With $305 billion, Abu Dhabi's Al Nahyan surpassed the Waltons, who own Walmart, with a whopping $45 billion [...]
The sixth generation of the Hermes brand dynasty, which added $56 billion, became the third richest family," the agency reported.
Next came the ruling dynasty of the Sheikhs and Emirs of Qatar.
It is noted that the world's 25 richest families together added $1.5 trillion in 2023, which is 43% higher than the wealth of the richest families last year.
The Bloomberg ranking includes 25 families, including the families of the owners of Mars (4th place), the ruling dynasty of the sheikhs and emirs of Qatar (5th place), the Koch Industries (6th), the ruling dynasty of Saudi Arabia Al Saud (7th) and owners of the controlling stake in Chanel Wertheimer. /BGNES
