10 Wealthiest Families in the World

3. Koch Family (USA) – 45 points

Ranking third in the 10 wealthiest families in the world, the Koch Family started their conglomerate under the helm of patriarch Fred Koch in 1925. Currently being managed by sons Charles and David, the Koch empire is now worth $86 billion. It is the second biggest private company that generates over $100 billion in sales. Koch Industries is headquartered in Wichita, Kansas. They amassed their riches through oil, refineries, manufacturing, trading, and other investments.

Their other siblings, William and Frederick Koch, sold their respective shares in the family business reportedly for $700 million. They wanted to ask for more and filed a lawsuit accordingly. A settlement was reached but the net worth of William and Frederick is only a fraction of Charles’ and David’s. Known to be connected to conservative groups, Charles and David have stated that they will spend a lot on the upcoming 2016 elections.