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Business Insider·3 min read·easy

The 40 richest families in America, ranked

The 40 richest families in America, ranked
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A ranking of the 40 richest families in America highlights the concentration of wealth across various sectors including retail, publishing, and cosmetics. The list underscores the enduring influence of multi-generational family empires in the US economy.

Why it matters

The report provides insight into wealth distribution and the historical origins of major American corporate dynasties.

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Rob, Alice, and Jim Walton are part of America's richest family. Rick T. Wilking/Getty Images The US may not have royals, but it does have influential family empires worth billions. They've accumulated fortunes in various ways, including publishing, cosmetics, retail, and hotels. The richest families in the US include the Waltons, the Kochs, the Hearsts, and the Lauders. Billionaires' wealth and power have grown sharply over the past few years. Although the US doesn't have any royal families , it certainly has family empires with enormous fortunes — and influence. There are the Hearst and Newhouse families, who built publishing powerhouses; Estée Lauder, the founder of the cosmetics giant that generated the Lauder family fortune; and the families who created their wealth with retail and hotel empires, such as the Waltons with Walmart and the Pritzkers with Hyatt Hotels .

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