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re: Billion-Dollar Dynasties: Richest Families In America

Posted on 8/31/23 at 1:07 pm to
Posted by schatman
Montana
Member since Nov 2018
2958 posts
Posted on 8/31/23 at 1:07 pm to
Where is Logan Roy and his offspring?
Posted by OweO
Plaquemine, La
Member since Sep 2009
122172 posts
Posted on 8/31/23 at 1:08 pm to
quote:

15. Butt Family


Posted by AlextheBodacious
Member since Oct 2020
3917 posts
Posted on 8/31/23 at 1:08 pm to
quote:

Richest Families

With a estimated GDP of 213.26 billion the state of Alabama should be at the top of the list.
Posted by Shexter
Prairieville
Member since Feb 2014
20805 posts
Posted on 8/31/23 at 1:09 pm to
quote:

The richest families stay off these lists.


No Rockefeller, DuPont, Vanderbilts or Carnegies - crap list.
I'm wondering what classification they're using for "family"

quote:

METHODOLOGY
Unlike our flagship Forbes 400 list of America’s richest people and our World’s Billionaires ranks, which focus on individual or nuclear-family wealth, America’s Richest Families includes multigenerational families of all sizes, ranging from just 2 brothers to the 4,000 members of the Du Pont clan. (Note: We left out self-made entrepreneurs who founded their companies and already appear with their nuclear family on our Billionaires list. That includes Rupert Murdoch and J. Joe Ricketts. Also absent are married couples like Tom and Judy Love.)

To value their fortunes, we added up their assets, including stakes in public and private companies, real estate, art and cash, and took into account estimates of debt. For those with publicly traded holdings, we used stock prices from the close of trading on December 4, 2020. We excluded any assets irrevocably pledged to charitable foundations. We attempted to vet these numbers with all the families or their representatives. Some cooperated; others didn’t.


So they guessed at a few...
This post was edited on 8/31/23 at 1:15 pm
Posted by Cash
Vail
Member since Feb 2005
37634 posts
Posted on 8/31/23 at 1:14 pm to
quote:

No Vanderbilts or Carnegies - crap list.


Isn't the Vanderbilt fortune pretty much all gone? Not sure about Carnegie.
Posted by FIREAWAY
Member since Jul 2022
512 posts
Posted on 8/31/23 at 1:15 pm to
quote:

The richest families stay off these lists.


Yeah, the older I get the more I understand real wealth.

Posted by Shexter
Prairieville
Member since Feb 2014
20805 posts
Posted on 8/31/23 at 1:15 pm to
quote:

Isn't the Vanderbilt fortune pretty much all gone?


Forgot about that story

quote:

The Vanderbilt heirs squandered their fortune.
After William died in 1885, family members who inherited the fortune started squandering it. By the early 1970s, none of the 120 Vanderbilt descendants had even $1 million dollars to their name.


Also forgot Andrew Carnegie gave all his away. Truly a remarkable human being.

quote:

By the time of his death, Andrew Carnegie, despite his best efforts, had not been able to give away his entire fortune. He had distributed $350 million, but had $30 million left, which went into the Corporation's endowment. Toward the end of his life, Carnegie, a pacifist, had a single goal: achieving world peace.
This post was edited on 8/31/23 at 1:19 pm
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 8/31/23 at 1:15 pm to
quote:

Carnegie


Andrew Carnegie gave 90% of his wealth away in the late 1880s.

quote:

Vanderbilt


Heirs squandered the wealth away. I say that as I sit here a few hundreds yards from Vanderbilt Beach.
Posted by FIREAWAY
Member since Jul 2022
512 posts
Posted on 8/31/23 at 1:17 pm to
DuPont is there?
Posted by LSURussian
Member since Feb 2005
134915 posts
Posted on 8/31/23 at 1:18 pm to
quote:

21. Cathy Family
• Worth: $14.2 billion

• Change: UP

• Origin of Wealth: Chick-fil-A

The Cathy family and my family have a combined average net worth of over $7.1 billion.
Posted by Corinthians420
Iowa
Member since Jun 2022
16104 posts
Posted on 8/31/23 at 1:20 pm to
quote:

The Vanderbilt heirs squandered their fortune.
After William died in 1885, family members who inherited the fortune started squandering it. By the early 1970s, none of the 120 Vanderbilt descendants had even $1 million dollars to their name.

I'd spread that story as well if I was one of the richest families in the world.
Posted by OweO
Plaquemine, La
Member since Sep 2009
122172 posts
Posted on 8/31/23 at 1:20 pm to
quote:

Rockefeller


They are worth $8.4B, at least thats what they have in the article linked in the OP
Posted by AllDayEveryDay
The Sticks
Member since Jun 2015
9725 posts
Posted on 8/31/23 at 1:33 pm to
I worked at the Koch Corp office for a bit. Charles had several private garages at the office and an admin that handled his travel. He spent $37,000 annually on tires for his vehicles. That was in 2013. My fresh out of college, new career brain had trouble comprehending that amount of wealth.
Posted by Captain Crackysack
Member since Oct 2017
2231 posts
Posted on 8/31/23 at 1:34 pm to
quote:

The richest families stay off these lists.

You think there are a whole secret group of US families that no one knows about that are wealthier than the Waltons? You people are truly too ignorant for your own good
Posted by Adam Banks
District 5
Member since Sep 2009
37806 posts
Posted on 8/31/23 at 2:17 pm to
quote:

bunch of asses



They may be the butt of your joke but they got money coming out their rear end
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 8/31/23 at 2:25 pm to
quote:

Isn't the Vanderbilt fortune pretty much all gone?


I would've guessed that Anderson Cooper is the richest Vanderbilt left
Posted by GreatLakesTiger24
Member since May 2012
60678 posts
Posted on 8/31/23 at 2:28 pm to
quote:

Where is Logan Roy and his offspring?

rupert had too many divorces
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
62241 posts
Posted on 8/31/23 at 2:48 pm to
quote:

The richest families stay off these lists.


That is my observation
Posted by deltaland
Member since Mar 2011
102727 posts
Posted on 8/31/23 at 3:13 pm to
quote:

Chiquita Family: 12.8 billion There's always money in the banana stand


Most of that is likely smuggling coke
Posted by northLAgoomba
Grand Cane, LA
Member since Nov 2009
3979 posts
Posted on 8/31/23 at 3:14 pm to
28. Mellon Family

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