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Top 10 Richest Families In America

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The United States of America maintains the status of a global world power due to its powerful economy, military domination, technological breakthroughs, and cultural impact. Its economic power and domination can be traced to certain families, particularly the top ten wealthiest families in the world.

These wealthy families contributed massively to America’s reputation as a world power, dominating areas such as technology, entertainment, retail, energy, hospitality, and banking and more.

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Here is a list of the top ten richest families in America.

10. The Cox Family: Media and Automotive

The Cox family ranks tenth on this list, with an estimated fortune of $26.8 billion derived mostly from media and automobile companies. The family’s empire began in 1898 when James M. Cox bought the Dayton Evening News, which later became Cox Enterprises.

Cox Enterprises gradually expanded into radio, television, cable, and digital media and entered the automotive market with companies such as Autotrader and Kelley Blue Book, solidifying its position as a key player in both industries, with annual revenues exceeding $22.1 billion.

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Today, Cox Enterprises is still privately owned, and the family continues to manage its wide portfolio, thereby remain among the wealthiest families in America.

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9. The Duncan Family: Oil and Gas

The Duncan family in the ninth position made its money in the oil and gas industry and is worth an estimated $30 billion. Dan Duncan built a pipeline empire in 1968, which accounts for the majority of the family’s riches.

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The Duncan family owns Enterprise Products Partners, a corporation that delivers oil, natural gas, and other petroleum products across the United States.

According to Forbes, Duncan’s four children inherited the company upon his death, and it has continued to grow under family management.

8. The Cathy Family: Fast Food

The Cathy family runs one of the most profitable fast-food franchises in the United States and is worth an estimated $33.6 Billion and eight on the list. Truett Cathy founded it in 1946 owes its riches to Chick-fil-A one of the most popular fast-food company in the United States.

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Despite being closed on Sundays, the fried chicken fast-food company has over 3,000 outlets and is generates $6.4 billion in sales by 2022. The Cathy family’s conservative principles and devotion to philanthropy have helped to cement their reputation in the fast-food sector and beyond.

READ ALSO: Top 10 Richest Families In The World

7. The Johnson Family: Cleaning Products

SC Johnson, a global leader in cleaning products and household goods that manufactures brands such as Windex, Pledge, Glade, Ziploc, Raid, and others is seventh on the list, and is worth an estimated $38.5 Billion.

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S.C. Johnson launched the company in 1886 after working as a salesperson for a parquet flooring manufacturer and eventually purchasing it. The family’s dedication to environmental sustainability and innovation has helped the company maintain its industry-leading position for more than a century.

6. The Pritzker Family: Hotels & Investing

The Pritzker family (Jay Pritzker and his brother Donald) established Hyatt Hotels Corporation, one of the world’s largest and most prominent hotel companies and is worth an estimated $41.6 Billion and is sixth on the list.

The Pritzker family has long been a major participant in American industry and involved in philanthropy and politics.

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The Pritzker family now has ten individual billionaires, including former US Secretary of Commerce Penny Pritzker and movie producer Gigi Pritzker.

5. The Johnson Family: Money Management

The Johnsons are one of the wealthiest families in the America and are worth an estimated $44.8 billion and are fifth on the.

The Johnson family is the driving force behind Fidelity Investments, one of the world’s largest asset management organizations created by Edward C. Johnson II in 1946.

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4. The Cargill-MacMillan Family: Agribusiness

The Cargill-MacMillan family owns one of the largest privately held enterprises in the United States, which was formed in 1865 by William Cargill worth an estimated $60.6 Billion and is fourth on the list.

In the fiscal year 2023, Cargill Inc. made $177 billion in sales and other revenues from a variety of products including chocolate and livestock feed.

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Cargill’s businesses have broadened throughout time to encompass agricultural commodity trading, processing, and distribution, as well as food production and risk management.

3. The Koch Family: Energy & Diversified Holdings

The Koch Family’s fortune is derived from Koch Industries, a conglomerate formed by Fred C. Koch in 1940 that has grown to become one of the largest privately held firms in the United States and is worth an estimated $116 Billion and is third on the list.

The Koch family is one of America’s wealthiest families, well known for their vast interests in the energy sector and diverse assets.

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Koch Industries engages in a variety of industries, including oil refining, chemicals, energy, and consumer products, making it a major player in the worldwide market. The Koch family has also made significant donations to political and philanthropic organizations, campaigning for free-market ideals and funding a variety of educational endeavours.

2. The Mars Family: Candy and Pet Food

The Mars Family controls Mars, Inc., which was founded in 1911 by Frank C. Mars and has since grown to become a global leader in candy and pet care products such as M&Ms, Snickers, Pedigree, and Whiskas and is worth an estimated $117 Billion is second on the list.

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1. The Walton Family: Retail

The Waltons control Walmart, which began as a single store that Sam Walton built in Rogers, Arkansas, in 1962. The store has expanded to nearly 10,000 locations across 19 countries, generating $648 billion revenue in 2024 fiscal year and is worth an estimated $267 Billion.

Walmart has a market valuation of about $486 billion, and an estimated 45% of its shares are owned by seven members of the Walton family.

The family is the richest in America, mostly because they own Walmart, the biggest retailer in the world.

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This article was culled from Yahoo Finance.

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JUST IN: Canadian Court Declares APC, PDP Terrorist Organisations

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The Federal Court of Canada has upheld a ruling that classified Nigeria’s two major political parties, the All Progressives Congress, APC, and the Peoples Democratic Party, PDP, as terrorist organisations, while denying asylum to a former member, Douglas Egharevba, over his decade-long affiliation with both parties.

In a judgment delivered on June 17, 2025, Justice Phuong Ngo dismissed Egharevba’s application for judicial review after the Immigration Appeal Division, IAD, found him inadmissible under Canada’s Immigration and Refugee Protection Act, IRPA.

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According to the Peoples Gazette, the Minister of Public Safety and Emergency Preparedness had argued that the APC and PDP were implicated in political violence, subversion of democracy and electoral bloodshed in Nigeria.

Court records showed that Egharevba was a PDP member from 1999 to 2007 before joining the APC, where he remained until 2017. He moved to Canada in September 2017 and disclosed his political history.

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Canadian immigration authorities flagged his affiliations, citing intelligence reports linking both parties to electoral violence and politically motivated killings.

The IAD based its decision largely on the PDP’s conduct during the 2003 state elections and 2004 local government polls, when the party allegedly engaged in ballot stuffing, voter intimidation and killing of opposition supporters.

The tribunal found that the party leadership benefited from the violence and took no action to stop it, meeting Canada’s legal definition of subversion under paragraph 34(1)(b.1) of the IRPA.

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Justice Ngo affirmed that mere membership in an organisation linked to terrorism or democratic subversion is enough to trigger inadmissibility under paragraph 34(1)(f) of the IRPA, even without proof of personal involvement.

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Egharevba’s claim that political violence was widespread across all Nigerian parties was dismissed.

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The court ruled that even flawed Nigerian elections constitute a democratic process under Canadian law and that undermining them qualifies as subversion.

The decision effectively ends Egharevba’s asylum claim, with deportation proceedings expected to follow.

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US Approves Sale Of Bombs, Others Worth $346m o Nigeria

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The United States Government has approved a possible Foreign Military Sale to Nigeria of munitions, precision bombs, precision rockets, and related equipment valued at $346 million.

The approval was contained in a statement from the Defence Security Cooperation Agency, dated August 13, but received via email on Thursday.

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The agency said it has notified the US Congress of the potential sale.

“The State Department has made a determination approving a possible Foreign Military Sale to the Government of Nigeria of Munitions, Precision Bombs, and Precision Rockets and related equipment for an estimated cost of $346 million. The Defence Security Cooperation Agency delivered the required certification notifying Congress of this possible sale today, ” the statement partly read.

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Under the request, Nigeria seeks to purchase 1,002 MK-82 general purpose 500-pound bombs; 1,002 MXU-650 Air Foil Groups for Paveway II GBU-12; 515 MXU-1006 Air Foil Groups for Paveway II GBU-58; 1,517 MAU-169 or MAU-209 computer control groups for Paveway II GBU-12/GBU-58; 1,002 FMU-152 joint programmable fuzes; and 5,000 Advanced Precision Kill Weapon System II all-up-rounds.

The Government of Nigeria has requested to buy one thousand two (1,002) MK-82 general purpose 500 lb bombs; one thousand two (1,002) MXU-650 Air Foil Groups (AFGs) for 500 lb Paveway II GBU-12; five hundred fifteen (515) MXU-1006 AFGs for 250 lb Paveway II GBU-58; one thousand five hundred seventeen (1,517) MAU-169 or MAU-209 computer control group (CCG) for Paveway II GBU-12/GBU-58; one thousand two (1,002) FMU-152 joint programmable fuzes; and five thousand (5,000) Advanced Precision Kill Weapon System II (APKWS II) all-up-rounds (AURs) (consisting of one each WGU-59/B guidance section (GS); high-explosive warhead; and MK66-4 rocket motor), ” it stated.

The package also includes non-major defence equipment such as FMU-139 joint programmable fuzes, bomb components, impulse cartridges, high-explosive and practice rockets, integration support, test equipment, and logistical and program support services.

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The DSCA said the proposed sale aims to strengthen Nigeria’s capability to address current and future threats, including operations against terrorist organisations and illicit trafficking in Nigeria and the Gulf of Guinea. It added that the deal will not alter the military balance in the region and will have no adverse impact on US defence readiness.

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The following non-MDE items will also be included: FMU-139 joint programmable fuzes; bomb components, impulse cartridges, and high-explosive and practice rockets; integration support and test equipment; U.S. Government and contractor technical, engineering, and logistics personnel services; and other related elements of logistical and program support. The total estimated program cost is $346 million.

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“This proposed sale will support the foreign policy goals and national security objectives of the United States by improving the security of a strategic partner in Sub-Saharan Africa.

“The proposed sale will improve Nigeria’s capability to meet current and future threats through operations against terrorist organisations and to counter illicit trafficking in Nigeria and the Gulf of Guinea. Nigeria will have no difficulty absorbing these munitions into its armed forces.

“The proposed sale of this equipment will not alter the basic military balance in the region, ” the statement added..

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The principal contractors for the potential sale are RTX Missiles and Defence, Lockheed Martin Corporation, and BAE Systems.

At this time, the U.S. Government is not aware of any offset agreement proposed in connection with this potential sale. Any offset agreement will be defined in negotiations between the purchaser and the contractor. Implementation of this proposed sale will not require the assignment of any additional U.S. Government or contractor representatives to Nigeria.

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“There will be no adverse impact on U.S. defence readiness as a result of this proposed sale.

“The description and dollar value are for the highest estimated quantity and dollar value based on initial requirements. Actual dollar value will be lower depending on final requirements, budget authority, and signed sales agreement(s), if and when concluded, ” the statement concluded.

 

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Israeli Military Intercepts Missile From Yemen

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The Israeli military said on Thursday it intercepted a missile fired from Yemen, with the Iran-backed Huthi rebels claiming responsibility for the attack.

Israel’s army said on Telegram that “the air force intercepted a missile launched from Yemen.

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Huthi military spokesman Yahya Saree later said the group had launched a “Palestine 2 hypersonic ballistic missile” targeting Israel’s Ben Gurion airport.

READ ALSO:Israeli Fire Kills 34 In Gaza

The Yemeni rebels have repeatedly launched missiles and drones at Israel since their Palestinian ally Hamas’s October 2023 attack on Israel sparked the Gaza war.

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The Huthis, who say they are acting in support of the Palestinians, paused their attacks during a two-month ceasefire in Gaza that ended in March, but renewed them after Israel resumed major operations.

Israel has carried out several retaliatory strikes in Yemen, targeting Huthi-held ports and the airport in the rebel-held capital Sanaa.
AFP

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