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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.

READ ALSO: Top 10 Richest People In Asia In 2024

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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READ ALSO: Top 5 Cheapest Countries To Study In Europe

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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READ ALSO: Top 5 Cheapest Countries To Study In Europe

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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Family Of Five Killed In Iranian Missile Strike After Fleeing Ukraine For Safety In Israel

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A Ukrainian family of five who fled Russia’s war in search of safety were killed in Israel by an Iranian missile — the very conflict they thought they had escaped.

Mariia Pieshkurova had brought her 7-year-old daughter, Anastasiia, to Bat Yam, a suburb of Tel Aviv, hoping to get lifesaving cancer treatment and refuge from the violence at home.

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Along with Anastasiia’s grandmother, Olena Sokolova, and two young cousins, Illia and Kostiantyn, they had started over — believing they were finally safe.

But on June 15, an Iranian missile tore through their apartment building during a retaliatory strike on Israel, killing them all.

“I really thought they’d be safe,” said Artem Buryk, Anastasiia’s father and Mariia’s former partner. “I never thought they’d go to Israel to escape war — and find it there.”

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READ ALSO:US Struck Iran With B-2 Bombers, Submarine-launched Missiles – Top US General

The missile attack, part of Iran’s response to Israeli airstrikes on its territory, collapsed much of the building in Bat Yam.

It took four days to recover Mariia’s body from the rubble.

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Their deaths marked a heartbreaking intersection of two wars — Russia’s invasion of Ukraine and Iran’s conflict with Israel — both of which had already tested the family’s will to survive.

Mariia had moved to Israel in late 2022 after Anastasiia was diagnosed with leukemia.

Ukraine’s hospitals were overwhelmed, and its largest children’s hospital was later destroyed in a missile strike.

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In Israel, treatment began immediately. It was effective but costly. Mariia turned to Instagram, sharing photos of her daughter in treatment and videos of Artem pleading for help while serving on Ukraine’s front lines.

READ ALSO:Israel-Iran War: Stranded Nigerians Cry For Help From Underground Shelters

“Masha did everything for her little girl,” said Anastasiia’s godmother, Khrytsyna Chanysheva. “She dedicated her life to her, moved to Israel to get her full treatment.”

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Despite the pain, Anastasiia always smiled at visitors.

“She was in pain, and she would close her eyes for a second,” said charity worker Lada Fichkovsi. “But every time I walked into her room, she would smile.”

Her cousins joined the family in May 2024 as the situation in Odesa deteriorated.

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“The shelling made my children cry,” said Hanna Pieshkurova, Mariia’s sister. “I decided to let them go.”

Though Israel was at war with Hamas, Mariia had assured her sister that Bat Yam was calm. Air raid sirens were rare, and the Iron Dome defense system offered hope.

READ ALSO:Iran Nabs 22 Suspected Israeli Spies Amidst Escalating Conflict

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“Ukrainians often say, ‘This is not Ukraine, it’s not as scary,’” said Inna Bakhareva of Chance4Life, a charity helping sick children in Israel. “They felt secure due to the Iron Dome.”

That sense of security evaporated after Israel struck Iranian targets on June 12. Iran retaliated with missile attacks across Israeli cities.

“Dad, at night I saw how the missiles were falling,” Anastasiia told her father in a voice message the night before she died.

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She and her mother had been scheduled to visit the hospital the next morning. The missile struck before dawn.

Mr. Buryk, who had just returned from the front lines near Sumy, received the news that same day.

“I still don’t understand what’s happening,” he said. “I still can’t believe it.”

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He used to promise Anastasiia they’d go fishing together when peace returned.

“Every time I talked to her, I’d say, ‘Sweetheart, we’ll go fishing. Just us,’” he said. “And now I just don’t understand. I still don’t even grasp that she’s gone.”

“Last night,” he added quietly, “I sent her voice messages.”

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(New York Times)

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Militia Attack On DRC IDP Camp, Kills 10, Mostly Women, Children

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An armed group at the centre of a long-running ethnic conflict in the Democratic Republic of Congo’s northeast attacked a camp for displaced people on Friday, killing 10, local sources told AFP.

Bordering Uganda, Ituri province has for years been the scene of pitched battles between the Lendu, a group mainly made up of settled farmers, and the Hema people, typically nomadic herders.

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The fighting has led to the deaths of thousands of civilians and the mass displacement of many more.

Friday’s assault on the Djangi displaced persons camp was carried out by the self-proclaimed Cooperative for the Development of Congo (Codeco), a Lendu-aligned militia responsible for previous civilian massacres, the camp’s head told AFP.

READ ALSO:Trump Bans Citizens Of Chad, Congo, 10 Others From Entering US

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They were many and armed with firearms and machetes. They surprised us, they killed 10 displaced people, most of them women and children,” said Richard Likana.

An employee of the Red Cross, who asked to remain anonymous, confirmed the attack, which took place around 60 kilometres (37 miles) from Bunia.

They were cut up with machetes while others were shot,” the humanitarian worker added.

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Congolese army Colonel Ruffin Mapela, the local administrator for Djugu territory where the camp is located, gave the same toll of 10 dead and put the number of injured at 15.

READ ALSO:Heineken Withdraws Staff As Armed Rebels Seize Facilities In Eastern DR Congo

According to local and humanitarian sources, Codeco was responsible for an attack on February 10 which killed 51 people in Ituri province. Most of the victims were also displaced persons.

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That raid was said to be a response to a strike by the rival Hema-led Zaire militia in the same area.

Violence between the Hema and Lendu killed thousands in gold-rich Ituri from 1999-2003, which only ended after European forces intervened.

The conflict erupted again in 2017, killing thousands more.

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The violence has led to more than 1.5 million people leaving their homes, according to the UN.

AFP

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Israel Wants Global Action Against Iran’s Nuclear Plans

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Israel’s foreign minister said on Friday that the world was obliged to stop Iran from developing an atomic bomb, days after Israel claimed it had “thwarted Iran’s nuclear project” in a 12-day war.

Israel acted at the last possible moment against an imminent threat to itself, the region, and the international community,” Gideon Saar wrote on X.

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The international community must now prevent, by any effective means, the world’s most extreme regime from obtaining the most dangerous weapon.”

READ ALSO:Netanyahu Vows To Thwart ‘Any Attempt’ By Iran To Rebuild Nuclear Programme

Israel and Iran each claimed victory in the war that ended with a ceasefire on June 24.

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The conflict erupted on June 13 when Israel launched a bombing campaign, stating it aimed to stop Iran from developing a nuclear weapon—an ambition Iran has consistently denied.

Following waves of Israeli attacks on nuclear and military sites, the United States bombed three key facilities, with President Donald Trump insisting it had set Iran’s nuclear programme back by “decades”.

READ ALSO:We Would Have Killed Iran’s Supreme Leader If Given Opportunity – Israel

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Israeli Prime Minister Benjamin Netanyahu, in an address to the nation after the ceasefire, announced that “we have thwarted Iran’s nuclear project”.

However, there is no consensus as to how effective the strikes were.
On Friday, Iran rejected a request by UN nuclear watchdog chief Rafael Grossi to visit the bombed facilities, saying it suggested “malign intent”.

The comments from Iran’s Foreign Minister Abbas Araghchi came after parliament approved a bill suspending cooperation with the UN watchdog.

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In a post on X following the move, Saar said Iran “continues to mislead the international community and actively works to prevent effective oversight of its nuclear programme”.

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