• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Digital News Updates
  • Home
  • News
  • Politics
  • Business

New family atop richest in the world list

December 13, 2023

The era of the Walton family’s five-year reign as the world’s wealthiest dynasty has concluded. In the latest 2023 rankings by Bloomberg, the House of Nahyan, the influential rulers of oil-abundant Abu Dhabi in the United Arab Emirates, now claims the top spot. This displaces the third-generation heirs of Walmart, who have long held the pinnacle of wealth.

The report underscores the transformative impact of petroleum fortunes on the global business landscape, emphasizing that the three Gulf families featured in Bloomberg’s latest ranking likely possess even greater wealth than the provided “conservative estimates.” According to the report, the Al Nahyans of Abu Dhabi lead the list with a staggering $305 billion, with the United Arab Emirates capital serving as the primary repository of the nation’s oil reserves.

READ MORE

Filed Under: Business

Related Articles:

  • Montana Expands Conduit Bond Financing
  • Bridger Aerospace Lands Record-Breaking Wildfire Contracts for Super Scooper Aircraft
  • Bill Ackman’s Pershing Square Invests $900 Million in Howard Hughes Holdings
  • Daktronics to Participate in Craig-Hallum’s 22nd Annual Institutional Investor Conference

Primary Sidebar

Digital News Updates Logo

Recent News Posts

  • Judge halts order to terminate Harvard foreign student visas
  • Wyoming Public Safety Communications Commission to Meet May 28–29 in Casper
  • Wyoming Veterans Commission Concludes First-Ever Veteran Services Symposium in Casper
  • Public Comment Open for Draft Idaho Mountain Goat Management Plan Through June 8

Recent Politics Posts

  • Knudsen Urges Gallatin County to Support ICE Partnership
  • Zinke Introduces Bipartisan Bill to Modernize Foreign Military Sales Notification Process
  • Senator Daines Introduces Bill to Keep National Cemeteries Open on Federal Holidays
  • Zinke Votes to Pass “Big Beautiful Bill”

Recent Business Posts

  • Bridger Aerospace Lands Record-Breaking Wildfire Contracts for Super Scooper Aircraft
  • Daktronics to Participate in Craig-Hallum’s 22nd Annual Institutional Investor Conference
  • Montana Expands Conduit Bond Financing
  • Bill Ackman’s Pershing Square Invests $900 Million in Howard Hughes Holdings

Copyright © 2025 Digital News Updates, All Rights Reserved.