POWERFUL AND INFLUENTIAL FAMILIES IN THE WORLD
Power, fame and influence attracts more money and business partners, then imagine what an entire family can achieve. I’ll mention a few powerful and influential families.
• The Koch Family
the Koch brothers and their massive business Koch Industries. Koch Industries is the second largest privately owned company in the United States. They rake in a colossal $110 billion annually. The Koch Industries was founded by Fred Koch in 1940. And for years, it was owned by his two sons, David and Charles, known as the Koch brothers, David, who passed away last year at 79 years old stepped down from his position due to health related issues. But his brother Charles, still is the CEO to this day.
Due to some rather smart acquisitions, including the $22.5 billion purchase of Georgia Pacific in 2005, every time you buy your everyday supplies, you may well be putting money right into the pockets of the Koch. Supplies like brawny paper towels, Quilted Northern Dixie cups, these are some of the brands covered by the Koch umbrella. In 2012, they spent 7.5 billion to purchase Molex and electronic components manufacturer, and in 2014, they’ve partnered with Goldman Sachs to purchase a printing ink manufacturer known as Flint group for a price tag of $3 billion. The Kochs are well known for donating hundreds of millions of dollars in support of conservative politicians, They really are pulling the strings that guide the United States because they have the money and firm in the production business.
• JP Morgan
He is one of the most famous billionaires . He was one of the most powerful bankers of his time, up until his death in 1913. Mr. Morgan who financed railroads and helped organize US Steel, General Electric and many more giants in the industry. His father was a wealthy banker too.
Morgan was wealthy, But his wealth grew even more when he formed a partnership with Philadelphia banker Anthony Drexel in 1871. And formed JP Morgan and company. After all, this company was the predecessor to JP Morgan Chase, he made an incredible fortune of $25 billion, and he was sure to use it to sway the production system to his favor. Morgan was a mastermind of the business world and used his incredible influence to help stabilize the American financial markets during economic scares back in his day. Apparently, one of his most famous achievements was, He stabilized the economy during the Panic of 1907. And he also saved America’s gold standard by loaning the federal government a sum of $60 million.
Critics often said that he was manipulating the United States financial system to his advantage. Which was the best business idea ever. He was so involved in Railroads as he was involved with consolidating Railroads or rehabilitate failing railroads, He ended up controlling more than half of the total railroads in America.
he was also one of the testifiers called by the US representative Arsene Pujo, who was investigating elite Wall Streeters suspected of colluding to control the American banking industry.
• The Bush Family
multiple members of this family have held prominent positions in America.
“One being at United States presidents one a vice president, another attorney TV host and yet another being a Supreme Court justice”.
This is the family of former US President George W. Bush. The inspiration behind the punk rock opera masterpiece by Green Day American Idiot. This family’s networth is over $400 million. But it’s not money we speak about but influence. Many members of their family were successful bankers and businessmen, and it went on for generations.
George H. Bush was the United States President George W. Bush was the United States President and Billy Bush was the host of Access Hollywood. He is worth $13 million.
• The Rothschild family
This family is worth a total of $400 billion.
They amassed this incredible fortune by creating a banking Empire in the 1800s.
This Empire grew to have branches through cities like London, Paris, Vienna, and Naples. They are one of the wealthiest and most powerful families in history. These days. The Rothschild family is still very active in the mining financial services, agriculture, winemaking and real estate world throughout Europe. Some of their incredible palaces and lavish estates still stand till this day.
Let’s head over to our local Walmart for our next power family. Didn’t expect us to say that well, maybe you didn’t realize just how rich the founders
the Walton family has a net worth of an astounding $169.7 billion. Sam and Bud Walton founded Walmart in 1962. Walmart has been a success as it is one of the most popular shopping mall in America, with branches in every state in America.
they went ahead and formed Sam’s Club in 1983. These days, Walmart’s sales topped out at $500 billion. Which is one of the highest retail revenue in the world. Christy Walton seem to have her own grasp of power, as she launches the Lincoln project and anti Trump republican group.
• Kardashian Family
This family rose to be in the lost of one of the most popular and influential families. They are also a very wealthy family as their youngest daughter Kylie Jenner, who is the CEO and founder of a $1 billion company- Kylie cosmetics.
Kim Kardashian is credited for taking her TV reality series – “Keeping up with the Kardashians” and turning it into a global Empire of some serious worth. In addition to her other side hustles. Chloe Kardashian, is estimated to worth $40 million. Kim’s monthly beauty expenses sums up to $168,880 and she and her superstar husband Kanye West recently purchased a $16 million ranch in Cody, Wyoming.
Their fame in the United States traces back to their father Robert Kardashian who was an attorney in OJ Simpsons’s murder case, which is the biggest case America has ever had.
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