These Families Secretly Rule The World

foreign [Music] [Applause] [Music] money power and fame have more influence than you think and it gets a lot more influential when it's not just one or two people it's a whole family hey when you've got a lot you've got a lot of sway in the goings-on of well everything that's why today we are looking at the most powerful families in the world some are superstars some gained incredible wealth very quickly and some inherited their massive fortunes so basically they were born billionaires here's a peek into the families that are secretly ruling the world whether you want them to or not first on our list is the Koch family not to be confused with Coke as in Coca-Cola although certainly Coca-Cola has a lot of sway too I mean all they have to do is threaten to Halt production on everyone's favorite caffeinated beverage and caffeine junkies would Riot ah but we kid we're talking about Coke as in the Koch brothers and their massive business Coke Industries to give you an idea of just how massive we're talking Coke Industries is the second largest privately owned company in the United States they rake in a colossal 110 billion dollars every year in Revenue yeah this is the big leagues people Coke Industries was founded by Fred Koch in 1940 and for years it was owned by his two sons David and Charles known as the Koch brothers David who passed away last year at 79 years old stepped down from his position due to health issues in 2018 but his brother Charles who is 84 still acts as the CEO to this day just what kind of influence does the Koch family have well due to some rather smart Acquisitions including the 22.5 billion dollar purchase of Georgia Pacific in 2005. every time you buy your everyday supplies you may well be putting money right into the pockets of the cokes Brawny paper towels Quilted Northern Dixie Cups these are all just some of the brands underneath the coke umbrella but it doesn't stop there in 2012 they spent 7.5 billion to purchase Molex and electronic components manufacturer and in 2014 they partnered with Goldman Sachs to purchase a printing ink manufacturer known as Flint group for a price tag of three billion dollars the kochs are well known for donating hundreds of millions of dollars in support of conservative politicians ones that limit government offer free trade and free markets limit corporate regulations and offer a more lenient immigration policy there's no ifs ands or buts about it these guys are literally pulling the strings that guide the United States because they have the money to next up let's talk about one of the most famous billionaires JP Morgan he was one of the most powerful Bankers of his time up until his death in 1913 but being rich ain't enough to get you on this list and JP Morgan was oh so much more than just Rich Mr Morgan financed railroads and helped organize U.S steel General Electric and many more Giants in the industry his father was a wealthy Banker as well but it wasn't until Morgan formed a partnership with Philadelphia Banker Anthony Drexel in 1871 and formed JP Morgan and company that he started to get really really rich after all this company was the predecessor to J.P Morgan Chase he amassed an incredible Fortune of 25 billion dollars and he was sure to use it to tilt the system in his favor Morgan was a mastermind of the business world and used his incredible influence to help stabilize the American financial markets during the economic scares of his day probably his most famous achievement was his ability to stabilize the economy during the Panic of 1907. and let's not forget the time that he saved America's gold standard by loaning the federal government 60 million dollars but it's well documented that Morgan's critics were quick to point out just how much power he had and they would say that he was manipulating the United States's Financial system so that it benefited himself hey in all honesty they were probably right remember how he said he financed railroads well he did that so often and so well that during the late 19th century Morgan was so involved with consolidating or failing railroads that he ended up controlling an estimated one-sixth of the total railroads in America yeah one guy owned one-sixth of all the railroads on top of that he was called in to testify by the U.S representative arsene pujo who was investigating Elite wall streeters suspected of colluding to control the American banking industry the result of these hearings was a little system you may have heard of called the Federal Reserve if you still don't think that Morgan had power well then we don't even know what power is anymore here's a family you may be familiar with due to multiple members being at United States presidents one a vice president another a TV host and yet another being a Supreme Court Justice this is the Bush family the very same family of former President George W bush the inspiration behind the punk rock opera Masterpiece by Green Day American Idiot okay okay but seriously this family has a lot of power which for starters is likely due to their net worth of over 400 million dollars just how did they collect that much dough well many members of their family were successful bankers and business which spans back three generations and if you need any more proof that their power runs in the family and runs deep remember that George H bush was a United States President George W Bush was a United States president and Billy Bush was the host of Access Hollywood don't remember Billy we bet you do you just forgot after all the infamous tapes of a secret lewd conversation between Donald Trump and Billy Bush made all the headlines in 2016 and it ended up leading to Billy Bush being fired from Access Hollywood but don't feel too bad he now works as a correspondent on the show Extra oh and he's also worth 13 million dollars yeah he's doing fine up next is the Rothschild family worth a total of 400 billion dollars let that sink in for just a second their total worth is 400 billion dollars uh all we can say is wow they amassed this incredible Fortune by creating a bank Empire in the 1800s hey are you starting to see a pattern here with all these banking families now maybe you know what line of work you should aspire to go into this Empire spanned through cities like London Paris Vienna and Naples they are one of the wealthiest and most powerful families in history although we should say their sway is far less than what it was in years past mainly due to their incredible wealth being divided up between the family members these days the Rothschild family is still very active in the mining Financial Services agriculture wine making and real estate World in Europe some of their incredible palaces and lavish Estates still stand to this day almost like a permanent Benchmark to their Outrageous Fortune to put 400 billion dollars in perspective when adjusted for inflation their private wealth still hasn't been topped by anyone in the world in fact if you combine the wealth of Jeff Bezos Bill Gates and Elon Musk you still wouldn't come close to the Rothschild family they are about as wealthy as anyone can get let's head over to our local Walmart for our next power fam didn't expect us to say that well maybe you didn't realize just how rich the founders the Walton family are with a net worth of an astounding 169.7 billion dollars Sam and Bud Walton founded Walmart in 1962 and when they found that Walmart was a resounding success they went ahead and formed Sam's Club in 1983. these days Walmart's sales top out at 500 billion dollars that's the highest retail Revenue in the world folks as for how much power they have get this they have political draw on both parties due to the older members of the family like Jim Walton being Stark Republicans after all he gave 630 thousand dollars to Republicans or republican Affiliates in the 2008 election and and on the flip side the younger Gen X and Millennial members of the Walton family like Christy Walton seemed to have power in the opposite direction of her Elders due to Chrissy forming the Lincoln project an anti-trump Republican group let's close out our list of families today with one of the most famous fans out there we are talking of course about the Kardashians who have risen to one of the most powerful famous and wealthy families on the globe Kim Kardashian is credited for taking her TV reality series and turning it into a global Empire she is now the star of multiple mobile games owns her own brand of cosmetics and most recently has launched her own shapewear business and it's these beauty products that have catapulted her wealth up and up and up her Cosmetics company kkw Beauty a company worth one billion dollars generated 100 million in Revenue in 2019. it seems this family can't be stopped Kim married Superstar Kanye West West worth 1.3 billion himself and don't forget that her younger half-sister Kylie is worth 1 billion dollars and her sister Chloe she's worth an estimated 40 million and and look you see where we're going with this they're wealthy and live like it Kim's monthly Beauty expenses come to an average of 168 880 and she and her hubby Kanye recently purchased a 16 million dollar Ranch in Cody Wyoming Kanye even made sure to introduce himself to the mayor when they moved in well there you have it a look into the families that by all accounts are modern day royalty these families have the funds to make their ideals a reality for better and For Worse luckily most of them are philanthropists and try to give back to the world that gave them so much in a meaningful way and you know what we commend them for that that makes us glad that they are some of the richest

Channel: TheRichest

Views: 2,403,393

Keywords: TheRichest, Walmart, Koch, Kardashian, Kanye West, Kim, Jenner, Walton, Bush, George Bush, President Bush, JP Morgan, JP Morgan Chase, Rothschild, Global influence, The Bush Administration

Id: uFjWg6l6cFU

Length: 10min 39sec (639 seconds)

Published: Mon Oct 26 2020