The Carey Family – $300M
The global superstar Mariah Carey is instantly recognizable as one of the music world’s greatest and wealthiest artists, her Platinum records funding her status as one of the widest-selling performers ever. Furthermore, Mariah’s multiple global tours, music deals and sponsorship contracts have constructed a passive income for the Carey clan. While her kids may be a bit too young to understand how wealthy their family is, when they are old enough this will change. Despite surviving a few taxing divorces in the past, Carey’s musical selling power has yet to be diminished.
The Goldman Family – $13.7B
Sol Goldman proved that you can make the most out of any bad situation when he ventured into real estate throughout the Great Depression period, earning profits on condemned buildings. At just 16, Sol bought his neighbors’ plots at minimal costs, who were then enduring the crushing Depression era. The 50s saw Sol team up with Alex DiLorenzo, the duo proceeding to purchase real estate. Sol bought close to seven-hundred properties, such as the momentous Chrysler Building which sadly faced foreclosure during the 70s. His profits stemmed from securing lengthy tenancy contracts with residents.