The Bechtel Family – $3.3B
The Bechtel family’s mammoth fortunes can be mostly traced to a lucrative and gigantic construction business known as the Bechtel Corporation. More than a hundred years past, Warren Bechtel, then a cattle farmer, began the business and tens of years later found himself heading the building of railroad networks throughout the United States. Amazingly, it was the company’s revolutionary mission of building the Hoover Dam during the 30s which produced its main fortunes. Bechtel quickly began constructing metros, pipelines, malls and even nuclear reactors all throughout the world with the fastidious control of the present leader Stephen Bechtel Jr., the patriarch’s grandson, as Stephen’s son, Riley.
The Bechtel Family
The Kravis Family – $5.8B
Most members of the financing realm know the Kohlberg Kravis Roberts & Co’s commercial portfolio well, with the business being one of the biggest of its kind, directing grand portfolios, amassing profits which exceed more than one billion dollars annually. Henry Kravis, the firm’s co-founder, originated the business alongside another former student out of Bear Sterns. The 1980s prompted the duo to successfully land the biggest acquisition in American history for the period: obtaining Nabisco. While some of their buyouts were less tactical, such as absorbing Regal Cinemas, they compensated by purchasing conglomerates such as Duracell. The business has exemplarily grown its foreign trades, recently buying various German media firms and a movie production company.
The Kravis Family
