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THE ULTRA WEALTHY OLD WEALTH AND NEW WEALTH These Families Own The World ... Luxury Zone PLAY YOUTUBE VIDEO Original article: https://www.youtube.com/watch?v=p7YODmi0sfc Peter Burgess COMMENTARY Peter Burgess
This Family Owns America Luxury Zone Jul 7, 2023 (Accessed May 2024) 609K subscribers ... 10,402,628 views ... 75K likes There's a fine line between being rich and ensuring all your children and their children's children will live just as luxurious and opulent as you do. Such is the case with the ten richest families in the world. Welcome to Luxury Zone, On this Channel we share everything about Luxury and help you experience the billionaire lifestyle. We rank the most expensive things in the world and we have a look inside the lives of the wealthiest people on the planet. Consider subscribing for inspiration and luxury experiences! Subscribe -https://bit.ly/2zR6U6c Chapters View all Transcript Intro there's a fine line between being rich and ensuring all your children and their children's children will live just as luxurious and opulent as you do such is the case with the 10 richest families in the world Koch Family number 10. Coke family in a world where luxury is synonymous with the good life few families epitomize opulence quite like the kochs with an estimated net worth of over 68 billion dollars the Koch family has built an Empire that spans diverse industries from energy to manufacturing 0:37 Coke Industries is currently the largest 0:40 privately owned company in America and 0:42 one of the biggest oil producers in the 0:45 world the coke Clan certainly wants to 0:47 keep it that way as they are highly 0:49 involved in U.S politics for example 0:51 Charles and David Koch invest heavily in 0:55 opposing any climate change legislation 0:57 and are among the biggest Republican 1:00 party donors over the past decade the 1:03 right has received over 1.5 billion 1:06 dollars from the coke family the coke 1:08 certainly know how to splurge when it 1:10 comes to extravagant purchases they've 1:13 been known to acquire Exquisite artworks 1:15 such as masterpieces by renowned 1:18 painters like Monet and Picasso turning 1:21 their homes into private art galleries 1:23 that would make any connoisseur's heart 1:25 skip a beat still nothing says Filthy 1:28 Rich quite like purchasing an old 1:30 photograph for 2.3 million dollars true 1:34 the photo is not just any old yellowish 1:36 piece of paper but rather an original 1:38 Billy the Kid snap nevertheless it seems 1:42 William Koch has a thing for the wild 1:44 west suspending what's essentially spare 1:47 change on a photo is apparently not a 1:50 big deal while buying a 2.3 million 1:53 dollar photo does sound a bit over the 1:55 top it's nothing compared to how the 1:57 wealthiest Indian family spends their 1:59 massive Fortune Ambani Family number nine the Ambani family being the richest family in India should speak volumes yes the country of 1.4 billion people is not particularly well known for income equality on the contrary those who are rich in India are filthy rich but none live as luxuriously and lavishly as the umbani family led by the formidable business magnate Mukesh Ambani the Ambani family is renowned for 2:32 their immense wealth and extravagant 2:34 lifestyle with a staggering net worth of 2:37 85.1 billion dollars the ambanis have 2:40 earned their Fortune primarily through 2:43 Reliance Industries one of the largest 2:45 conglomerates in India from 2:48 telecommunications to petrochemicals the 2:51 ambani's Empire spans diverse Industries 2:54 but it's their taste for the Finer 2:56 Things in life the genuinely captivates 2:58 one's attention one must look no further 3:02 than the ambani's home to see their 3:04 opulent lifestyle the family of six 3:07 lives in a 27-story building named 3:10 antilia this masterpiece towering over 3:13 Mumbai is currently the most expensive 3:15 private home in the world worth 3:18 approximately 2 billion dollars the 3:20 house is a genuine piece of art with its 3:23 Lotus shaped exterior and magnificently 3:26 decorated interior the family lives on 3:29 the top six floors of this Mega Mansion 3:31 while the rest are dedicated to various 3:33 luxury amenities like a private Cinema a 3:36 state-of-the-art gym and one world-class 3:39 Spa Center the most notable feature of 3:42 this home is the snow room where the 3:45 temperature is kept at zero degrees year 3:48 round the first six floors of this 3:51 opulent Mega Mansion are the family 3:53 garage where over 160 cars reside among 3:58 them are custom-made rolls royces 4:00 limited edition Bentleys and many other 4:03 Ultra expensive and Lux luxurious cars 4:07 still despite their indulgences the 4:10 ambanis are also actively involved in 4:12 philanthropy contributing to various 4:15 charitable causes their generosity knows 4:18 no bounds as they strive to positively 4:20 impact society and uplift those in need 4:23 yes the Ambani family definitely knows 4:27 how to make waves in the ultra-rich 4:29 Social Circle still compared to what's 4:32 coming next their waves are more like a 4:34 storm in a glass of water Bettencourt Family number eight the Bettencourt family when discussing Rich families we often look at a patriarch on top of the pyramid well not with the bettencourts here the late great Liliane Bettencourt was The Matriarch that elevated the family to its Ultra Rich status note that the family was poor before Lillian's arrival actually the 5:00 Bettencourt is an old Noble family that 5:02 can trace their Heritage back to the 5:04 14th century Norman Nobles still under 5:08 Lillian's leadership her family Branch 5:10 managed to gain fame fortune and the 5:13 status of one of the most affluent 5:15 families in the world the matriarch 5:18 herself was the wealthiest woman in the 5:20 world worth 44.3 billion dollars at the 5:24 time of her death in 2017. today the 5:28 family is worth more than 92.7 billion 5:31 dollars the primary income source of 5:33 course is the iconic L'Oreal cosmetics 5:36 Empire today this Titan of women's 5:39 beauty is in the hands of Lillian's 5:42 daughter Francois Bettencourt Myers who 5:45 followed in her footsteps and not only 5:47 became the wealthiest woman in the world 5:49 but is also among the top 10 richest 5:51 people today Francois takes the ninth 5:54 spot with an approximate net worth of 92 5:58 billion dollars despite their massive 6:00 Fortune the Betancourt family is 6:03 remarkably down to earth yes they live 6:06 in lavish homes Drive exceptional cars 6:08 and enjoy the Finer Things in life but 6:11 they prefer to stay away from the 6:13 spotlight and enjoy the Serenity only 6:16 92.7 billion dollars can buy you still 6:19 compared to our next entry the 6:22 Betancourt are quite the Spenders 6:23 despite being slightly less fortunate 6:26 Slim Family number 7. the slim family the Warren Buffet of Mexico also known as Carlo slim hellu is the patriarch of the seventh most affluent family in the world with a net worth of over 95.1 6:42 billion dollars the slim family truly 6:44 can enjoy one opulent lifestyle but they 6:48 don't instead the family patriarch Carlo 6:51 slim is among the wealthiest people who 6:54 prefer to lead an exceptionally ordinary 6:56 lifestyle despite his massive Fortune 6:58 Carlos still lives in a modest 7:01 six-bedroom home he bought when he first 7:03 amassed a decent Fortune 40 years ago in 7:06 addition the Mexican of Lebanese descent 7:08 limits his salary to only 24 7:11 000 a month so don't expect to find some 7:15 outrageous purchases under his belt 7:17 Carlo knows well the struggles of 7:19 ordinary people he started selling 7:21 sweets and drinks to his friends at the 7:23 age of 10. as you can imagine his vast 7:26 Fortune did not come through this 7:28 business Endeavor but through America 7:30 mobile 7:31 Mexico's biggest mobile phone operator 7:34 this company alone has a net worth of 7:37 70.5 billion dollars however slim has 7:41 made some other successful Investments 7:43 and today he's among the richest people 7:46 in the world 7:48 still most of his money goes to charity 7:51 as he Champions education arts and 7:54 Sports in Mexico it shows that slim was 7:57 a self-made billionaire unlike the 8:00 family that's coming next they actually 8:02 amassed their Fortune through someone 8:05 else's work number six Wertheimer Family the wertheimer family the wartimers renowned for their immense wealth epitomize a story of gaining billions by capitalizing on another's genius their opulent lifestyle is a testament to their astute financial decisions and a series of strategic Maneuvers that propelled them to the Pinnacle of affluence at the center of their Saga lies a partnership that began in 1920 as Pierre wertheimer struck a 8:37 deal with the emerging Fashion Icon Coco 8:40 Chanel recognizing Chanel's 8:42 groundbreaking designs and her vision 8:45 for a global fashion Empire wertheimer 8:48 leveraging his expertise in retail 8:50 became an instrumental figure in 8:53 Chanel's expansion plans however the 8:56 terms of their agreement sparked 8:58 controversy as wertheimer secured a 9:01 staggering 70 of all profits while a 9:06 mere 10 percent trickled back to Chanel 9:08 this lopsided arrangement could hardly 9:11 be described as straightforward 9:13 highlighting the wartime a shrewd 9:16 business Acumen Chanel managed to win 9:18 some legal battles but the highlight of 9:21 her revenge was during the dark days of 9:23 the Nazi occupation of France Coco had 9:26 connections in the German Nazi party and 9:29 persuaded them to seize the company from 9:31 The wartimers Who themselves were of 9:33 Jewish ancestry however Pierre 9:36 wertheimer always one step ahead 9:38 astutely transferred the company to a 9:41 collaborationist aligned with the Nazis 9:43 following the war's conclusion the 9:46 wartheimer swiftly regained control of 9:48 the fashion Powerhouse the passing of 9:50 Coco Chanel marked a pivotal turning 9:53 point for the wartheimer family's 9:55 fortunes They seized the opportunity and 9:58 acquired Chanel's shares cementing their 10:00 dominance over the iconic brand with 10:03 their Newfound control and an astute 10:05 understanding of the global luxury 10:07 Market the wartime has capitalized on 10:10 their Fortune investing wisely to expand 10:13 their wealth exponentially today the 10:16 family business is run by Pierre's 10:18 grandsons Elaine and Gerard who expanded 10:22 the family fortune by investing in 10:24 luxury Vineyards across France and horse 10:27 breeding facilities across the world now 10:30 that's what I call a sweet conclusion 10:31 however if you're more into Sweet 10:33 Beginnings I have just the ultra Rich 10:36 family for you Mars Family number five the Mars family this is the most hated family in the world at least by dentists kids truly love them although I doubt they know who 10:49 stays behind the iconic Suites who 10:52 doesn't know about Snickers Twix or Mars 10:55 Bars who could have guessed that mixing 10:57 chocolate with caramel can bring you 126 11:01 billion dollars the sweet sweet family 11:04 Saga began in 1911 when Franklin Mars 11:07 and his second wife began a candy 11:10 business The Twist here is that the 11:12 business failed due to the first world 11:14 war but it laid the foundation for what 11:17 afterwards became the Mars candy 11:19 business today the company has expanded 11:22 Way Beyond traditional cavity making 11:24 candy one of the most notable deviations 11:27 from the original business idea is the 11:30 entrance to the Pet Care Market the 11:32 family invested nearly 9 billion dollars 11:35 in this endeavor which obviously 11:37 succeeded today the Mars company is 11:40 estimated at around 40 5 billion dollars 11:43 and employs over one hundred and thirty 11:46 thousand people worldwide while the Mars 11:49 family is discreet about their personal 11:51 spending a few notable purchases have 11:54 come to light in 2007 it was reported 11:57 that John Mars one of the family members 12:00 bought the historic Marbury Hall Estate 12:02 in England for approximately 50 million 12:06 pounds the property boasts lavish 12:08 Gardens and an impressive Mansion aside 12:11 from their business ventures the Mars 12:14 family has shown a commitment to 12:16 philanthropy the Mars Foundation 12:18 established in 1965 supports various 12:21 charitable causes they have contributed 12:24 to educational initiatives conservation 12:26 efforts and scientific research I wonder 12:29 if they're looking for a way to send a 12:31 Mars candy bar to Mars yes the Mars 12:34 family is truly impressive but compared 12:37 to what's coming next they are simply a 12:39 bunch of poor Beggars who try to stick a 12:41 piece of candy and overcharge you for it Walton Family number four the Walton family today becoming a city in the United States has little to do with the minimum population a record of local government and a metropolitan character and a lot to do with whether the town has a Walmart or 13:00 not it seems these Giga stores have 13:03 taken over America and naturally The 13:05 Waltons the family behind the stores 13:07 have become Filthy Rich the family's 13:11 Fortune can be traced back to the late 13:13 Sam Walton who founded Walmart in 13:16 1962. today Walmart is a global retail 13:20 Empire with over 11 13:23 000 stores in 27 countries with an 13:26 estimated net worth of over 250 billion 13:30 dollars the Walton family consistently 13:33 ranks among the wealthiest families on 13:36 the planet despite their enormous 13:38 Fortune The Waltons are often regarded 13:41 as down-to-earth individuals however 13:43 they do have their moments of indulgence 13:46 for instance Alice Walton daughter of 13:49 Sam Walton is an avid art collector in 13:53 2011 she opened the Crystal Bridges 13:55 Museum of American Art in Arkansas which 13:59 houses her extensive collection one of 14:01 her notable purchases was a famous 14:03 painting by artist Georgia O'Keefe which 14:07 she acquired for a staggering 14:09 44.4 million dollars the Walton spending 14:12 extends Beyond art as they have also 14:15 made significant investments in 14:17 philanthropy the family has donated 14:20 billions of dollars to various causes 14:22 including Education Health Care and 14:25 Environmental Conservation in addition 14:27 they are active contributors to the 14:30 Walton Family Foundation which supports 14:32 initiatives aimed at improving the lives 14:34 of individuals and communities Arnold Family number three the Arnold Family the Arnold Family known for their immense wealth and luxurious lifestyle has left an indelible mark on the world of business and fashion led by Bernard Arnold the family's patriarch and the richest man on the planet the family is now worth nearly 240 billion dollars the family's journey to prominence began in France where Bernard Arnold took the Helm of his father's construction company in the 1970s however his vision and Keen business Acumen propelled the arnos to new heights under his 15:16 leadership the family Diversified their 15:18 Holdings and ventured into the world of 15:21 luxury goods the crown jewel of their 15:23 business Empire is lvmh Moe Hennessy 15:26 Louis Vuitton a conglomerate that 15:28 includes renowned Brands like Louis 15:30 Vuitton Dior and Givenchy this global 15:34 luxury Powerhouse has solidified 15:36 Arnold's status as a leader in the 15:38 industry of course this immense well 15:41 does lead to some lavish purchases for 15:44 example the Arnold family owns a 150 15:48 year old castle near Bordeaux and an 15:51 18th century palace in Paris costing 15:54 over 220 million dollars 15:58 still real estate is definitely not a 16:00 passion but rather a business strategy 16:03 what the family is truly passionate 16:05 about are Yachts thus the family owns 16:08 two super yacht manufacturing companies 16:11 as well as one Ultra luxurious yacht the 16:15 330-foot symphony worth 115 million 16:19 dollars on top of it all the family 16:21 owned several luxury hotel chains and a 16:24 private island what they don't have 16:27 however are private jets not that they 16:30 can't afford them actually the family 16:33 owned a bombardier Global 7 500 16:36 considered the world's largest and 16:38 longest private jet costing 75 million 16:42 dollars they also had a bombardier 16:44 Global 6000 worth 23 million dollars and 16:48 an assault Falcon 8X valued at 45 16:51 million dollars still Bernard decided to 16:54 sell them due to environmental concerns 16:56 while luxury living is definitely not 16:59 foreign to the family they still 17:01 allocate vast funds for charity for 17:04 example Arnold donated 234 million 17:07 dollars for Notre Dame repairs and 17:10 around 11 million dollars for Wildfire 17:12 prevention in the Amazon jungle while 17:15 Bernardino is the wealthiest man on this 17:18 Earth the arnos merely get the bronze 17:20 when it comes to family fortunes what 17:23 can I say Brilliance can take you only 17:25 so far to be as mind-altering rich as 17:28 the first two families on our list you 17:31 need more than a sharp mind and a flare 17:33 for business you need power Rothschild Family number two the Rothschild family if your family is always connected with conspiracies and Tin foil-headed philosophers are adamant that you are a five-dimensional lizard that rules over 17:49 the world you can be sure you are the 17:51 richest family in the world with a 17:54 massive 400 billion dollar Fortune you 17:57 can imagine why the Roth Shields are 17:59 always portrayed as the villains 18:01 thankfully when you're that rich you 18:03 don't really care what some Eastern 18:05 European drunk thinks of you the roths 18:07 shields dynasty was established in the 18:09 late 18th century by Maya amchel 18:12 Rothschild in Frankfurt Germany their 18:14 initial success as bankers and 18:16 financiers propelled them to prominence 18:18 expanding their operations to Major 18:21 Financial Centers across Europe 18:23 their meticulous management of 18:25 international financial affairs during 18:27 times of political instability earned 18:30 them a formidable reputation today the 18:33 family-owned shares in almost every 18:35 profitable business worldwide along with 18:38 banking they are also involved in mining 18:41 and construction the roths shields own 18:43 several of the biggest mining operations 18:46 in the world among which are the 18:48 glencore mining company worth 18:50 127.5 billion dollars Rio Tinto mining 18:54 worth 103 billion dollars and Agora oil 18:57 and gas worth 1.4 billion dollars in 19:01 addition the family owns RIT Capital 19:03 Partners worth 7.7 billion dollars and 19:07 La champagne financier that's estimated 19:10 to be worth around 121 billion dollars 19:13 however these are just Investments the 19:17 Roth Shields are well known for their 19:19 Affinity toward the Arts their 19:22 collection worth more than two billion 19:24 dollars has been a prime example of how 19:27 you can flash your cash with style 19:29 moreover the family owns about 25 19:32 billion dollars worth of real estate 19:34 properties worldwide among their prized 19:37 possessions are Chateau Mouton 19:39 rothsshield worth 200 million dollars 19:42 and Watterson Manor worth 356 million 19:46 dollars of course there are some luxury 19:49 items family members have bought over 19:51 the years Nat Rothschild for example 19:53 bought the planet nine super yacht for 19:56 102 million dollars but that's the 19:59 general exception most of the family 20:02 keeps to themselves and rarely goes 20:04 public with flashy or scandalous 20:06 purchases that's one of the most 20:08 significant differences between the Roth 20:10 Shields and the wealthiest family on 20:13 Earth AlSaud Family number one the AL Saud family if you think of grotesquely rich people I bet the Saudi royal family of Al Saud comes to mind their extravagant Lifestyles and purchases can make even lottery winners seem like down-to-earth Spenders of course with 1.4 trillion dollars in their bank account it's really not a surprise that the family lives one genuinely opulent Lifestyle the AL saud's wealth mainly comes from the oil and energy trade the family manages several highly successful companies 20:47 involved in oil gas and other energy 20:50 resources which are worth trillions of 20:53 dollars the largest contributor to the 20:55 AL sauds Family wealth is aramco the 20:59 world's largest oil producer responsible 21:02 for 15 of the global oil supply so 21:06 naturally this energy giant is valued at 21:09 around 8 trillion dollars in addition 21:12 the family also holds stakes in May 21:14 major Banks telecommunications companies 21:17 and construction firms among other 21:20 businesses they have investments in so 21:23 many different areas that they probably 21:25 don't even know all the details so as 21:28 you can imagine they don't actually live 21:30 a modest and down-to-earth life instead 21:32 they have a motto if it's not golden it 21:36 doesn't deserve our attention this 21:38 includes golden cars Yachts decorations 21:41 and even a golden escalator in fact 21:45 wherever King Salman the patriarch of 21:47 the AL Saud family travels the hotels 21:50 are required to refurbish all their 21:52 decoration with golden motifs and 21:55 custom-made Furniture but that's just 21:57 the icing on the cake Mohammed bin 22:00 Salman the Crown Prince is well known 22:03 for his extravagant lifestyle and for 22:05 owning several highly expensive 22:07 properties worldwide among them are 22:10 Chateau Louis XV worth approximately 300 22:13 million dollars the 22:15 hotel in Mecca were 3.5 billion dollars 22:19 and of course the deed to neom the 22:22 self-sustaining linear City that would 22:24 transform the Saudi Arabia desert into a 22:28 magnificent heaven-like place the price 22:31 tag of this beauty will be approximately 22:33 1.1 trillion dollars though it's still 22:37 not sure if the project will be 22:39 completed talking about the AL Saud 22:41 Royal Family's Exquisite lifestyle is a 22:44 vast topic that deserves its own video 22:46 so why don't you just check how Muhammad 22:49 bin Salman Spends His billions next 22:53 thank you

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