Top 10 Billionaires Who Inherited Their Wealth

A lot of billionaires inherited their wealth from either their parents or their grandparents. On this list are these Billionaires Who Inherited Their Wealth.

However, the list comprises the top people who inherited their wealth. The most interesting fact is that more than 30 million people inherited one or two businesses from their parents.

The article will focus on the top 10 billionaires who inherited their wealth. Without much stress below are these billionaires who inherited their wealth.

1. David Koch

David Hamilton Koch was an American businessman, political activist, philanthropist, and chemical engineer.

He joined Koch industries which is a family business in 1990 Koch Industries is the first on the list of billionaires who inherited their wealth. Koch Industries is the second largest privately held company in the United States

Currently, he has an estimated net worth of $47.4 billion and he is the executive vice president of Koch industries.

READ ALSO: Top 10 Billionaires Who Are Now Broke (2022)

2. Charles Koch

Charles Koch is an American billionaire businessman, CEO, and chairman of Koch Industries. He is the elder brother of David Koch

As of August 2022, he was ranked as the 15th richest person in the world on Bloomberg Billionaires Index, with an estimated net worth of $70 billion.

However, Charles Koch and his brother inherited their wealth from their father. Currently, they control their father’s company which is one of the largest privately held companies in the US.

READ ALSO: .

3. Jim Walton

Sam and Helen Walton the parents of James Jim Walton purchased shares in a Bank before opening a Walmart store when Jim was still 14.

Within 5 years, the family-owned 24 retail stores.

Jim joined his parent’s bank and named it Arvest Bank Group. Currently, he is the chairman of the regional community Bank worth more than $15 billion.

The businessman is also director of Walton enterprises, chairman of Community publisher, and Arkansas based newspaper firm.

Moreover, Jim Waltons appearance on the list of billionaires who inherited their wealth is not by mistake because he inherited almost what he has from his parents.

READ ALSO: Top 10 Most Charitable Billionaires In The World (2022)

4. Rob Walton

Samuel Robson popularly known as Rob Walton is the eldest son of Sam Walton the founder of the Walmart store.

In 1969, he started working at the iconic retail behemoth holding positions from senior vice president to general counsel to chairman. A role he stepped down from in June after 23 years on the job.

Though he has stepped down from his position, he is still very rich and that makes him among the billionaires who inherited their wealth. His son-in-law was named as his successor after he stepped down.

READ ALSO: Top 10 Youngest Billionaires In The World (2022)

5. Alice Walton

Among the billionaires who inherited their wealth is Alice Louise Walton an American heiress to the fortune of Walmart. In September 2016, she owned over US$11 billion in Walmart shares.

As of March 2022, Alice Walton has a net worth of $60.5 billion, making her the 20th-richest person. She is the second richest woman in the world according to Bloomberg Billionaires Index.

Though she never took an active role in running the superstore like her brothers, she become the target of pushback from minimum wage Walmart.

However, she has a personal includes pieces from Andy Warhol, Norman Rockwell, and Georgia O’Keefe.

READ ALSO: 10 Billionaires Who Dropped Out Of College

6. Liliane Bettencourt

The heiress to the L’Oreal cosmetics fortune and the company’s largest shareholder, Liliane Bettencourt is one of the billionaires who inherited their wealth.

However, she is the richest woman in Europe and the second-richest woman in the world, with a net worth of $29 billion.

She no longer has a hand in business operations, but L’Oreal and the Bettencourt Schueller Foundation she co-founded with her late husband continue to prosper.

Currently, she’s an avid art collector, owning pieces by Picasso, Matisse, and Munch.

7. Bernard Arnault

73-year-old Bernard Jean Étienne Arnault is a French business magnate, investor, and art collector who is among the billionaires who inherited their wealth.

He is the co-founder, chairman, and chief executive of LVMH Moët Hennessy – Louis Vuitton SE, the world’s largest luxury goods company.

His LVMH houses 70 luxury brands from Louis Vuitton to Hennessy to Dom Perignon, all controlled by family parent company Groupe Arnault.

8. Forest Mars

Forest Mars and his siblings inherited a stake in the iconic candymaker Mars Inc. when their father, Forrest Sr., died in 1999.

The notoriously private trio co-own but don’t actively manage the maker of M&M’s and Milky Way bars, which their grandfather started in 1931. As a confectionary business in his kitchen in Tacoma, Washington.

Moreover, Forest Mars runs Mars Foundation together with his brothers and his appearance on the list of billionaires who inherited their wealth is not by mistake. Mars Foundation gives primarily to educational, environmental, cultural, and health-related causes.

9. Mukesh Ambani

In 2002, Mukesh Ambani took over as the chairman of Reliance Industries after his father the founder died.

However, the industry generates over $62 million in annual revenue. The company has an interest in energy, petrochemicals, textiles, natural resources, and telecommunication.

Mukesh Ambani is the richest person in India with an estimated net worth of $24.8 billion.

10. Alwaleed bin Talal bin Abdul Aziz al Saud

Rounding off the list of the top 10 billionaires who inherited their wealth is Prince Alwaleed who comes from royalty.

His full name is Alwaleed bin Talal bin Abdul Aziz al Saud. He is the grandson of Abdul Aziz al Saud, the first ruler of the Kingdom of Saudi Arabia

but he also built his fortune with savvy investments in a range of companies across the US and the Middle East.

He founded Kingdom Holding Co. in 1980 and has since invested in everything from real estate to entertainment to education, with stakes in companies like Twitter, The Four Seasons, Time Warner, and Motorola.

Summary

Brief of the top 10 billionaires who inherited their wealth

• David Koch
• Charles Koch
• Jim Walton
• Rob Walton
• Alice Walton
• Liliane Bettencourt
• Bernard Arnault
• Forest Mars
• Mukesh Ambani
• Alwaleed  bin Talal bin Abdul Aziz al Saud