The Kravises – $5.8B
If you are interested in investments, you should probably look up the profile of the firm called Kohlberg Kravis Roberts & Co. It is one of the largest companies in the field, and they manage extensive portfolios with more than an annual revenue of more than a billion dollars. Co-founded by Henry Kravis, the company was launched by Bear Sterns alumni. The biggest risks they undertook was buying Nabisco during the late ‘80s. Smart acquisitions eventually made up for less-smart purchases. They have since expanded overseas and recently bought German media firms and a motion picture studio. Cool.
The Gallos – $10.7B
Here is another American wine family dynasty! The Gallos have been dubbed “America’s First Family” in this field, which is true when you consider they have been doing this for almost a century now. Giuseppe Gallo, the original patriarch, came from Fossano, Italy during the early 1900s. When he first got to America, he took on various menial jobs. When he got into the vintner industry, he founded his own winery. After his death, the winery came under the supervision of Julio and Ernest, his sons. Together, they founded the E. & J. Gallo Winery. Meanwhile, their other brother Joseph made cheese!