Business
World’s Richest 25 Families: Only One Indian Family Makes The Cut
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The Ambani family’s estimated wealth stands at $105.6 billion, placing it among the world’s most influential business dynasties.
The Ambanis’ presence in the elite list is significant, as it not only reflects the scale of their wealth but also their growing influence in the global economy. (File)
World’s Richest Families List 2025: The Ambani family, headed by Reliance Industries Chairperson Mukesh Ambani, is the only Indian family to make it to Bloomberg‘s 2025 list of the world’s 25 richest families.
As per the news outlet, the Ambani family’s estimated wealth stands at $105.6 billion, placing it among the world’s most influential business dynasties. The family’s vast empire, Reliance Industries, spans key sectors such as energy, petrochemicals and telecommunications, and has steadily expanded into digital services and sustainability-focused businesses.
The family’s wealth is built on the shoulders of Dhirubhai Ambani, who started the company in the 1950s with little more than determination and vision. The Ambanis’ presence in the elite list is significant, as it not only reflects the scale of their wealth but also their growing influence in the global economy.
According to Bloomberg, the world’s richest families list shows how long-standing dynasties and newer business powerhouses continue to dominate global wealth today.
At the top of the global ranking is the Walton family of the United States, owners of retail giant Walmart, with a combined net worth of $513.4 billion. Their combined fortune exceeded half a trillion dollars for the first time. Walmart’s total revenue for the recent fiscal year reached $681 billion, its massive footprint with over 10,750 stores worldwide is the core reason.
Others In The List
Al Nahyan Family: With an estimated net worth of $335.9 billion, the Al Nahyan family ranks among the world’s richest dynasties. The ruling family of Abu Dhabi, which holds most of the United Arab Emirates’ oil reserves, sees their wealth continue to soar. Under the leadership of Sheikh Mohamed bin Zayed Al Nahyan, who is also the country’s president, the family’s assets are vast, with investments in AI, crypto, and more. Sheikh Tahnoon, a key family member, oversees assets worth $1.5 trillion and has been a major investor in the crypto space.
Al Saud Family: With an estimated net worth of $213.6 billion, the Saudi royal family’s massive wealth is anchored in the country’s vast oil reserves, mainly through Saudi Aramco. Though the family is estimated to have around 15,000 extended members, much of the wealth is concentrated in key royals, including Crown Prince Mohammed bin Salman.
Al Thani Family: With an estimated net worth of $199.5 billion, the Al Thani family ranks among the world’s wealthiest royal families. Qatar’s ruling family have seen their fortunes skyrocket since oil was discovered in the region in the 1940s. The Qatari royal family recently offered the Trump administration a luxury Boeing 747 to use as a temporary Air Force One.
Hermes Family: The Hermes family, with a net worth of $184.5 billion, has successfully preserved its wealth across six generations. Renowned for ultra-luxury products such as the iconic Birkin handbag, Hermes continues to thrive on exclusivity, craftsmanship, and innovation. Despite being one of the largest luxury houses in the world, the family still retains control of the company.
Koch Family: The Koch family, with an estimated net worth of $150.5 billion, controls Koch Industries, one of the largest private conglomerates in the US. Today, Koch Industries spans industries from chemicals and oil refining to ranching and paper.
Mars Family: The Mars family, with a net worth of $143.4 billion, is known for iconic chocolate brands such as M&M’s and Snickers. The family’s company, Mars, Inc., has grown through strategic acquisitions, including its purchase of snack-food maker Kellanova in 2025.
Wertheimer Family: The Wertheimer family, with a net worth of $85.6 billion, owns the luxury fashion house Chanel. They have seen their fortune rise as luxury goods continue to boom. Chanel, known for its timeless designs like the “little black dress,” remains one of the world’s most iconic brands.
Thomson Family: The Thomson family, with a net worth of $82.1 billion, is based in Canada and controls Thomson Reuters, a global leader in financial data and media. Their fortune began in the 1930s with Roy Thomson’s purchase of a radio station, which led to the creation of a media empire.
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A sign sits outside of the Centers for Disease Control and Prevention (CDC) Roybal campus in Atlanta, Georgia, U.S. March 18, 2026.
Megan Varner | Reuters
One American has tested positive for Ebola in the Democratic Republic of Congo in connection to the deadly outbreak in central Africa that global health agencies are racing to contain, the Centers for Disease Control and Prevention said on Monday.
The person was exposed as part of their work in Congo, developed symptoms over the weekend and tested positive late Sunday, Dr. Satish Pillai, the CDC’s Ebola response incident manager, told reporters on a call. The CDC and State Department are working to move that individual and six other Americans exposed to Ebola to Germany for treatment, care and monitoring.
But Pillai emphasized that no cases tied to the outbreak have been confirmed in the U.S., and that the overall risk to the American public and travelers remains low.
Still, the CDC also announced on Monday that for the next 30 days, it will restrict entry into the country for people without a U.S. passport who were in the Democratic Republic of the Congo, South Sudan or Uganda in the last three weeks.
The update came one day after the World Health Organization declared the Ebola epidemic a “public health emergency of international concern.” The outbreak does not meet the criteria of a “pandemic emergency,” but the WHO warned that the high positivity rate and increasing cases and deaths point toward a “potentially much larger outbreak” than what is being detected and reported.
As of Sunday, more than 300 suspected cases and 88 suspected deaths have been reported, primarily in Congo but also in neighboring Uganda, according to the CDC.
The specific virus involved in this outbreak, called Bundibugyo, has no vaccine or treatment. Historically, that virus has death rates ranging from 25% to 50%, the CDC added.
But agency officials told reporters on Monday that work is underway to develop a monoclonal antibody therapy as a potential treatment for this specific strain of Ebola.
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The FTSE 100 closed higher on Monday, recouping most of Friday’s hefty falls amid a calmer bond market and as Iran responded to the latest US peace proposal.
The FTSE 100 closed up 128.38 points, 1.3%, at 10,323.75. The FTSE 250 ended up 15.56 points, 0.1%, at 22,611.70, but the AIM All-Share fell 8.72 points, 1.1%, at 800.17.
Iran said it had responded to a new US proposal aimed at ending the war, adding that diplomatic exchanges continue despite Iranian media reports describing Washington’s demands as excessive, AFP reported.
Washington and Tehran have been swapping proposals in an effort to end the conflict, which the US and Israel launched on February 28, but they have held only a single round of talks despite a fragile ceasefire.
“As we announced yesterday, our concerns were conveyed to the American side,” foreign ministry spokesman Esmaeil Baqaei told a news briefing, adding that exchanges were “continuing through the Pakistani mediator”.
Mr Baqaei defended Iran’s demands, including the release of Iranian assets frozen abroad and the lifting of long-standing sanctions.
“The points raised are Iranian demands that have been firmly defended by the Iranian negotiating team in every round of negotiations,” he said.
But with no signs of clear progress, the oil price remained inflated and volatile.
Brent crude for July delivery was trading at 110.80 dollars a barrel on Monday, up compared to 108.83 at the time of the equities close in London on Friday.
After a frantic Friday, the bond markets calmed, while sterling also rebounded as investors weighed the latest political developments.
The yield on UK 10-year gilts traded at 5.14% compared to 5.17% at the same time on Friday.
The pound traded at 1.3397 dollars on Monday afternoon, up from 1.3319 on Friday. Against the euro, sterling firmed to 1.1506 euros from 1.1462 on Friday.
Prime Minister Sir Keir Starmer insisted he would not set out a timetable to leave No 10 as potential leadership challenger Andy Burnham vowed to “change Labour” if he is successful in his effort to return to Parliament.
The Prime Minister said he still wants to lead Labour into the next general election amid calls from within the party to set out a timetable for his exit.
Greater Manchester Mayor Mr Burnham hopes to be Labour’s candidate in the Makerfield by-election, which could provide him with a route back to the Commons to challenge for the party leadership and the keys to Downing Street.
Speaking to broadcasters in London, Sir Keir said he was not going to set out a timetable to stand down if Mr Burnham returns to Westminster.
He added: “I do want to fight the next election. Obviously, I recognise that after the local election results, the elections in Wales and Scotland as well, that the first task is obviously turning things around and making sure that my focus is in the right place.”
Meanwhile, the International Monetary Fund said growth in the UK economy will be stronger this year than previously thought.
The IMF updated its growth projections a month after warning of a sharp slowdown caused by the global energy shock from the US-Iran war.
The influential financial body said it was now predicting UK gross domestic product to rise by 1% in 2026, higher than the 0.8% growth it was forecasting last month.
Responding to the latest report, Chancellor Rachel Reeves said: “The IMF upgrading its growth forecasts and backing our fiscal strategy is yet more proof that this Government has the right economic plan.”
In Europe, equity markets on Monday, the Cac 40 in Paris ended up 0.4%, and the Dax 40 in Frankfurt advanced 1.5%.
In New York, the Dow Jones Industrial Average was down 0.1%, the S&P 500 fell 0.4%, and the Nasdaq Composite was 0.7% lower.
On the FTSE 100, Whitbread closed up 2.3% after Corvex Management urged the Premier Inn owner to put itself up for sale, slamming its recently announced new five-year strategic plan.
In a damning letter to Whitbread management, the New York-based activist hedge fund called the status quo “untenable” and said that the need to pursue “meaningful strategic and structural reform had become unignorable”.
As a result, Corvex, which holds a stake of around 7% in Whitbread, said the only “credible” path to unlocking value at Whitbread is a sale of the company.
Anglo America fell 1.4% as it struck a deal to sell its portfolio of steelmaking coal mines in Australia to Dhilmar for up to 3.88 billion dollars in cash.
The London-based mining house said Dhilmar will pay the FTSE 100-listing 2.3 billion dollars upfront, and the deal has a price-linked earnout of up to 1.58 billion dollars.
Anglo American chief executive officer Duncan Wanblad said: “This agreement represents another major step in the simplification of our portfolio ahead of completing our merger with Teck. Through this transaction, we will complete our exit from steelmaking coal.”
Susannah Streeter, chief investment strategist at Wealth Club, said: “This not only strengthens the balance sheet, ahead of its planned merger with Canada’s Teck Resources, but also keeps it exposed to future strength in coal prices.”
Capita shares rose 8.9% as the London-based outsourcing and business services company said adjusted revenue rose 2.9% on-year in the first four months of 2026, which it said was in line with expectations.
Looking ahead, Capita said it continues to expect a low to mid-single digit revenue climb in Capita Public Service and expects mid-teen revenue growth in its Pension Solutions business.
The biggest risers on the FTSE 100 were Centrica, up 7.70p at 196.95p, National Grid, up 43.50p at 1,231.50p, Pearson, up 37.00p at 1,136.50p, Relx, up 81.00p at 2,504.00p, and SSE, up 74.00p at 2,345.00p.
The biggest fallers on the FTSE 100 were 3i Group, down 128.00p at 2,082.00p, Airtel Africa, down 15.60p at 312.80p, Mondi, down 16.40p at 734.60p, Polar Capital Technology Trust, down 12.50p at 659.00p and Diploma, down 95.00p at 6,625.00p.
Tuesday’s global economic calendar has UK consumer and wholesale inflation figures, eurozone inflation data and the minutes of the last Federal Open Market Committee meeting.
Tuesday’s local corporate calendar has full-year results from business services group DCC, half-year numbers from supplier of specialised technical products and services, Doploma, and electricals retailer Currys.
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