Walmart owners world's richest family, Ambanis are fifth

Gulf Today Report

Some families are to the manor born, or have always been born with a golden spoon, so to speak. There are some families who have been among the richest families on the globe for decades, and still are, be it in the fields of clothes, perfumes or chocolates.

Details of the Top 5 of the richest families in the world have been released for 2020. According to the list the Walton family, which owns the superstore Walmart in the United States, is the richest family in the world.

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Walmart currently has 11,410 stores worldwide, more than half of which are in the United States, and the family's fortune is estimated at $215 billion.

Second on the list is the Marz family, the fourth generation of the family in the chocolate business. They sell the world-famous Marz chocolate; the wealth of this family is estimated at $120 billion.

Coke is the third richest family in the world, with a petroleum business. The family is also very active in politics, with an estimated wealth of $109.7 billion.

According to the list, the fourth richest family in the world is the Al Saud family in Saudi Arabia. According to Bloomberg, the wealth of this family is estimated at $95 billion. 

The Ambani family from India are ranked fifth among the richest families in the list, with an estimated net worth of $81.3 billion. The family own Reliance, India's industrial group. Mukesh Ambani is currently the 21st richest person in the world.