Unlike our flagship Forbes 400 list of America’s richest and our World Billionaires ranks, which focus on individual or nuclear-family wealth, America’s Richest Families includes multigenerational families of all sizes, ranging from just 2 brothers to the 3,500 members of the Du Pont clan. Families needed a combined net worth of $1 billion to make the cut. To compile this first list we looked at members of The Forbes 400, descendants of past or deceased Forbes 400 members, families behind the country’s biggest private companies and dynasties that had fallen out of our ranks because the fortunes were too dispersed, for starters. (Note: We left out self-made entrepreneurs who founded their companies and already appear with their nuclear family on our Forbes 400. That includes Jack Taylor of Enterprise Rent-A-Car. Also absent are married couples like Tom & Judy Love).
To value their fortunes we added up their assets, including stakes in public and private companies, real estate, art and cash, and took into account estimates of debt. For those with publicly traded holdings, we used stock prices from the close of trading on June 20, 2014. We excluded any assets irrevocably pledged to charitable foundations. In cases where a company had been sold years ago, we applied a conservative rate of appreciation for the cash, after deducting for capital gains taxes. We attempted to vet these numbers with all the families or their representatives. Some cooperated; others didn’t. Think we missed a clan? E-mail readers@forbes.com, and we’ll investigate.
Unlike our flagship Forbes 400 list of America's richest and our World Billionaires ranks, which focus on individual or nuclear-family wealth, America's Richest Families includes multigenerational families of all sizes, ranging from just 2 brothers to the 3,500 members of the Du Pont clan. Families needed a combined net worth of $1 billion to make the cut. To compile this first list we looked at members of The Forbes 400, descendants of past or deceased Forbes 400 members, families behind the country's biggest private companies and dynasties that had fallen out of our ranks because the fortunes were too dispersed, for starters. (Note: We left out self-made entrepreneurs who founded their companies and already appear with their nuclear family on our Forbes 400. That includes Jack Taylor of Enterprise Rent-A-Car. Also absent are married couples like Tom & Judy Love).To value their fortunes we added up their assets, including stakes in public and private companies, real estate, art and cash, and took into account estimates of debt. For those with publicly traded holdings, we used stock prices from the close of trading on June 20, 2014. We excluded any assets irrevocably pledged to charitable foundations. In cases where a company had been sold years ago, we applied a conservative rate of appreciation for the cash, after deducting for capital gains taxes. We attempted to vet these numbers with all the families or their representatives. Some cooperated; others didn't. Think we missed a clan? E-mail readers@forbes.com, and we'll investigate.
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Unlike our flagship Forbes 400 list of America's richest and our World Billionaires ranks, which focus on individual or nuclear-family wealth, America's Richest Families includes multigenerational families of all sizes, ranging from just 2 brothers to the 3,500 members of the Du Pont clan. Families needed a combined net worth of $ 1 billion to make the cut. To compile this first list we looked at members of The Forbes 400, descendants of past or deceased Forbes 400 members, families behind the country's biggest private companies and dynasties that had fallen out of our ranks because the fortunes were too dispersed, for starters. (Note: We left out self-made entrepreneurs who founded their companies and already appear with their nuclear family on our Forbes 400. That includes Jack Taylor of Enterprise Rent-A-Car. Also absent are married couples like Tom & Judy Love). To value their fortunes we added up their assets, including stakes in public and private companies, real estate, art and cash, and took into account estimates of debt. For those with publicly traded holdings, we used stock prices from the close of trading on June 20, 2014. We excluded any assets irrevocably pledged to charitable foundations. In cases where a company had been sold years ago, we applied a conservative rate of appreciation for the cash, after deducting for capital gains taxes. We attempted to vet these numbers with all the families or their representatives. Some cooperated; others did not. Think we missed a clan? E-mail readers@forbes.com, and we'll investigate.
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Unlike our flagship Forbes 400 list of America 's richest and our World Billionaires ranks which focus, on individual or. Nuclear-family wealth America ', s Richest Families includes multigenerational families of all sizes ranging from, just 2 brothers. To, the 3 500 members of the Du Pont clan. Families needed a combined net worth of $1 billion to make the cut.To compile this first list we looked at members of The Forbes 400 descendants of, past or deceased Forbes, 400 members. Families behind the country 's biggest private companies and dynasties that had fallen out of our ranks because the fortunes. Were, too dispersed for starters. (Note:We left out self-made entrepreneurs who founded their companies and already appear with their nuclear family on our Forbes 400. That. Includes Jack Taylor of Enterprise Rent-A-Car. Also absent are married couples like Tom & Judy Love).
To value their fortunes. We added up, their assets including stakes in public and private companies real estate art and cash,,,And took into account estimates of debt. For those with publicly traded holdings we used, stock prices from the close of. Trading on, June 20 2014. We excluded any assets irrevocably pledged to charitable foundations. In cases where a company. Had been sold, years ago we applied a conservative rate of appreciation for the cash after deducting, for capital gains. Taxes.We attempted to vet these numbers with all the families or their representatives. Some cooperated; others didn t. Think. ' We missed a clan? E-mail readers@forbes.com and we ', ll investigate.
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