These are the list of billionaire American families
Can you imagine what it would be like to have no financial worries in life, literally from the day you were born? For members of these billionaire American families, they don’t have to imagine. They were born with billions in the bank thanks to their relatives and ancestors. This list goes through some of the richest families in the United States – some famous and well known, while others fly below the radar – including how they earned their wealth, and how much they’re worth these days.
Back in 1870, George Gavin Brown, a pharmaceutical salesman in Louisville, Kentucky, had a novel idea to bottle high-end, premium whiskey in glass. More than a century later, that idea has culminated in the Brown-Forman Corporation, which manufactures and sells numerous spirits and wines, including Jack Daniel’s (bought in 1956 by Brown-Forman), Woodford Reserve, and numerous other brands. Twenty-five family members own more than half of the stake in the Brown-Forman Corp., and are estimated to have a net worth of $12.3 billion.
Started in 1898 as a newspaper publisher, Cox Enterprises now encompasses Cox Communications, which provides cable TV and broadband connections; and Cox Media Group, which controls newspapers, TV, and radio stations. However, the biggest names associated with the Cox family comes from their automotive assets, which consists of AutoTrader.com, Kelley Blue Book, and Manheim car auctions, according to Forbes. The family’s wealth sits at a comfortable $41 billion net worth.
One of the oldest family-owned companies in the United States, Samuel Curtis Johnson bought the parquet flooring division of the Racine Hardware Manufacturing Company and renamed it S. C. Johnson. Johnson primarily focused on parquet flooring initially, but soon began offering more floor care products, like their highly popular Johnson’s Prepared Wax. Through the decades, the company would become one of the biggest cleaning products suppliers, acquiring such popular brands as ZipLoc, Windex, Pledge, and Glade. The company is still run by the Johnson lineage and has an estimated net worth of $18.2 billion.