12 Most Powerful Families In Politics And Business 2024

most powerful families politics business power family

Powerful families are pulling the strings behind the scenes in the world of geopolitics, business, and finance. Whether or not there is a secret society like the Illuminati controlling all of the world's finances, made up of all the most powerful people in the world, remains to be seen. We do know that some people are born into political power and wealth though in 2024 thanks to privilege and nepotism. 

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The backbone of politics and business in so many countries ends up being the result of just a few families. Even today, we can see how the most powerful families control politics and industry in our own country or worldwide.

In this post, we will be talking about those power families. Specifically, the 12 most powerful families that control the world. If you think the Buffett, Gates, Obama, or Bloomberg families have had a lot of power and influence over the last few decades, just wait until you read about these 12 influential lineages.

It is scary to think that about a dozen powerful families control so much, but sometimes it all boils down to who you know or who your parents and relatives are. Nepotism is still alive in well in our current political and economic landscape. Let's dig in a little more and find out how the most powerful families of 2024 got so much power in politics and business.


The 12 Most Powerful Political Families In The World For 2024

Most of these powerful families have long lineages of uninhibited power dating back unfathomable amounts of time. In other parts of the world, we can see the effects of power over centuries.

In America, however, most of the power and money is relatively new. As we have seen though, it doesn't always have to take centuries to build-up immense power and capital in this world. Ask a dark journalist and they will show you the lengths families will go to obtain and keep power. 

Here the 12 most powerful political and financial families in the world for 2024 below.


1. The House of Saud

As the current ruling family in Saudi Arabia, The House of Saud is said to have 15,000 members in 2024. Family reunions must get a little rambunctious with all that money and power. Their power is so ingrained in the fabric of the country that (you may have guessed) Saudi Arabia is actually named after the family. This Arabian family now has an astounding net worth of $1.4 trillion!

The head of the family is Salman bin Abdulaziz, the King of Saudi Arabia, the most oil-rich place on the planet. This means that they have got unlimited wealth at their fingertips as long as fossil fuels remain in demand. The 15,000 family members means there is a lot of wealth to have to spread however. 

But oil prices have remained high and the Saudis have their countless billions of investment dollars in companies, properties, and politicians around the world now. More companies, stocks, and real estate properties are owned by Saudi royalty than most people think. They are diversifying their riches into hundreds of different industries right now, including renewable energy to hedge their bets on oil.


2. The Rothschild Family

Like the House of Saud, the Rothschild Family traces its lineage back into the 1700s. Meyer Amschel Rothschild was a genius banker based out of Hamburg, but that is not where his power was limited to.

He eventually rose to international prominence and sent each of his 5 sons to different countries to open banks and extend his dynasty all over Europe. All of their sons were sent to do the same and clearly they succeeded. 

During the 18th century, the Rothschild family was the stabilizing force behind most of the world's currencies and they made good money doing it. At the height of the Rothschild dynasty, they were the richest family the world had ever seen.

With that came many stories. It's been rumored that the Rothschilds were behind presidential assassinations, funded the German war machine in World War II, and created or funded both sides of every war since the 1800s to make profiteer. The Rothchild empire is the subject of countless conspiracies and semi-conspiracy theories for centuries now. 

Despite the conspiracies, lies, and exaggerations it is pretty safe to say that the Rothschild family has a lot of power and influence throughout politics to this day in 2024. 


3. The Koch Family

The Koch family is one of the most hated in all of America. Koch Industries is the second-largest privately owned company in the US, valued at $100 billion dollars. The company was started as Wood River Oil and Refining in 1940 by Fred C. Koch after he came up with an innovative method in the crude oil refining process.

Fred is dead now, but his company is under the control of two of his four sons, Charles and David (who just passed away at age 79). Aside from the Koch company and its subsidiaries, the brothers are known for being extremely influential in American politics.

Most Republican political candidates rely on their donations and subsequently do their bidding once in power.

4. The Kennedy Family

The Kennedy's have been synonymous with American politics since the 1940s. Between 1947 and 2011, there was always a Kennedy holding some form of political office in the United States. 

The power of the Kennedy family lies less in finances and influencing politicians because they themselves were able to directly influence things. JFK was one of the most popular presidents in US history.

Of course, his life ended in tragedy, but what is remarkable about this family is that they've been marred by tragedy over and over. There have been several untimely deaths, scandals, and drug problems. This doesn't make them any less powerful, however, as their influence has been felt in the fabric of American politics. 

The Kennedy family has some another political powerhouse in the making with Joe Kennedy III. The current congressman from Massachusetts made a run at the US Senate recently. Although that run failed, he could still have long-term plans for Senatorial or presidential aspirations. He has the powerful Kennedy name that is better than most others in the political realm, along with some family wealth. There is also Edward Kennedy Jr who also serves in Connecticut's Congress as a democratic state senator.

And although he is not a full member of the Kennedy family, after the divorce, Arnold Schwarzenegger was married to Kennedy clan member Maria Shriver and was Governor of California for about 6 years. To show his ability to compromise with Democrats, Arnold even hired relative Susan Kennedy to join his political advisors. He ended his governorship with low approval ratings and minimal accomplishments, but he still had a major impact on the state of CA.

The latest news in Kennedy politics is that Robert F. Kennedy Jr in 2024 has announced he is running for president in 2024 on the independent ticket, and is already polling for double digit percentage of Joe Biden's voter base. He is the son of Robert F Kennedy and the nephew of JFK. He does not have the support of most of the Kennedy family but many others are applauding him for running against the incumbent. 

Some view RFK Jr as an anti-vaxxer conspiracy theorist that shares more views with Republicans than Dems, while others see RFK Junior as a viable alternative to a struggling Biden reelection campaign. Robert Kennedy's campaign has picked up some steam while Biden's support as floundered due to inflation and the Ukraine controversy. Robert F. Kennedy is strong in body and mind despite being nearly 70 years old, but still younger than Trump and Biden by a lot, which will strengthen his position as a viable opponent in the 2024 election for the presidency.

It is safe to say that the Kennedy name in politics still hasn't lost all its luster and the Kennedy's aren't out of the political power game just yet.


5. The Rockefeller Family

The American counterpart to the Rothschild family is the Rockefeller family. Their story is an apt representative of the American dream that was popularized in the early part of the 20th century. 

The family head, John D. Rockefeller, was born into poverty and died as the single richest man in America. At one point, Standard Oil controlled 90% of the oil in America, so when he died, a mass amount of wealth was passed on to his many descendants.

As generations passed, the Rockefellers became bankers, socialites, and politicians. They remain one of the most powerful families in America, though an accurate estimation of their wealth is unknown. Conspiracy theorists love this family.


6. The Tata Family

With the rise of the Indian economy, the Tata family and their company TATA Group have accrued an insane $130 billion dollars in their business ventures. They started out as a steel company but now operate in food and drink, automotive, aerospace, and defense industries. They are one of the most powerful families in India and beyond now.

Their wealth has given them a lot of political influence at home, but it is beginning to spread as they become more involved in international affairs. Keep an eye on this family moving forward, as they seem to just be getting started.


7. The Walton Family

The Walton family owns only 52% of Walmart now, but that's earned them $500 billion in revenue. With a worth of $130 billion, they're the richest family in America and Walmart continues to be one of the largest corporations in the country. It all started with Sam Walton, the creator of Walmart.

They have also attained a huge amount of political influence and they know what to do with it. A few years ago, they campaigned for a minimum wage increase, not because they value their employees, but because they knew it would squash smaller businesses that couldn't afford to pay their workers. Diabolical! 

8. The Bush Family 

One of the most powerful families in politics and business that spans 3 generations is the Bush family. Prescott Bush was a successful businessman and then became a Senator in Connecticut for 3 terms. 

His son George H.W. Bush had a very lengthy political career involving a run in Congress, UN Ambassador, CIA Director, Vice President, and President.

His son George W. Bush made a major impact in US and global politics during his 8 years as president of United States.

Even George W. Bush's brother Jeb Bush was Governor of Florida and ran for Republican candidate for president in 2016.

Pierce Bush, one of the youngest Bush family members in politics, just recently lost a race in Texas for a congressional seat. If this a sign that the Bush family power is in decline? Anything is possible though in politics today, and a Bush member could even try to run for the Republican ticket for president in 2024.

9. The Clinton Family

One of the most powerful families in Democratic politics today are the Clintons. Bill Clinton, despite his scandal and impeachment, was a very popular president serving 2 full terms during financial prosperity. Hillary Clinton was First Lady, then became a Senator of NY, served as Secretary Of State under Barack Obama, and nearly won the presidency as the first female in 2016.

While Bill and Hillary are mostly retired from politics, they still carry a lot of influence in the political and even business world. And if any of their children like Chelsea or grandchildren want to get into politics in the future, the Clinton name will go a long way. 

Although it would come with some baggage, an endorsement or campaign with Bill or Hillary Clinton could be very influential in any election.

10. The Trump Family

When it comes to the most powerful families in politics and business today, it's hard to leave out the controversial Trump family. It all started with Fred Trump, who grew a real estate empire in New Jersey and New York in the 1960's and 1970's. That type of business success obviously required some political clout and shrewd deal-making when dealing with permits, unions, bids.

He passed his fortune and knowledge to his son Donald. Donald Trump has enjoyed mostly massive success worldwide in business, as president, and potentially a second term in 2024. He is currently leading the Republicans in polls for the 2024 candidate, or he could potentially start his own political party.

But it is not just Donald Trump in power. His wife Melania was obviously the First Lady carrying a lot of influence, although now she is reportedly not interested in a 2nd term. She is involved or could easily be involved with some fashion related business ventures. His daughter Ivanka and son-in-law Jared Kushner were top advisors in his presidential cabinet. His sons Donald Jr and Eric play top roles in running Donald Trump's businesses and promoting his presidency. Eric Trump's wife Lara Trump may be considering a political run of her own for a North Carolina Senate seat. Even his young grandson Barron could become a business or political powerhouse in the future. 

The true test of the Trump dynasty could be determined in the next 2 years as The Donald has already announced his intention to run for president again as a Republican or MAGA party member, while also dealing with countless legal and financial obstacles. 

Donald J Trump continues to be indicted, sued, and charged almost monthly, so if he faces real legal repercussions then that could hinder his 2024 presidential election hopes. While there are more conservatives running each month for the Republican ticket, DJT continues to lead the polls significantly over other options like Mike Pence and Ron DeSantis.

11. The Cuomo Family 

The Cuomo family is a prominent political family in the United States, with roots in New York state politics. The most well-known members of the family are: 

Mario Cuomo - Former Governor of New York (1983-1994) 

Andrew Cuomo - Former Governor of New York (2011-2021) 

Chris Cuomo - CNN journalist and anchor, son of Mario Cuomo 

Matilda Cuomo - Wife of Mario Cuomo and former First Lady of New York 

Maria Cuomo Cole - Daughter of Mario Cuomo and a documentary filmmaker and philanthropist 

Andrew Cuomo, who was the most recent member of the family to hold political office, resigned as governor in August 2021 amid allegations of harassment and misconduct. He was also criticized for his response to the health crisis while he was governor of New York.

While the Cuomos political dynasty may be drying up under criticism, they are still a force to be reckoned with in NY and around the world due to their large following with television shows, podcasts, social media, editorials, and the potential for a political comeback. Andrew Cuomo has recently been working to rebuild his image and potentially mount another political power play in 2024 or 2028.

12. The British Royal Family 

One of the most famously powerful families of all time, the British Royal Family is more of a symbol than a ruling power right now. But with a great deal of wealth, influence, and public relations power the Windsor royals still hold a lot of sway on the global stage, especially during a turbulent time of Brexit and nationalism. 

The power of the British Royal Family has decreased after Brexit has been completed and now that Queen Elizabeth has passed away. And with Harry and Meghan splitting from the monarchy with much drama, the future of this powerful family is even more uncertain. Their public criticism of the crown has caused a lot of controversy. The Prince Andrew scandal with Jeffery Epstein further puts the crown's political power into a deeper decline. 

Charles III is finally King of England after decades of waiting, but how long will his reign last at an old age and with an economic recession? Prince William will eventually rule, but by that time what power will the monarchy have left? The rule of the royals has dwindled but is not dead yet.


Political Power Down the Line

As you can see, political power and influence have often come through family ties in the past. In the digital age, however, we're seeing wealth creation come from a whole new type of person, nepotism or not.

We will see how this translates to the distribution of world power in the years to come, but these most powerful families in politics and business remain among the most feared and revered on the planet.

While top powerful families like the Rockefellers and the Rothschilds have faded out of the public consciousness over time in favor of Bush's, Trumps, and Clintons... their political influence and memory are still present today in 2024 despite endless scandals like Jeffrey Epstein island accusations. 

All 12 of these most powerful families still carry immense influence around the world in politics and business. If they aren't out in front of the spotlight, they are probably behind the scenes pulling the strings heading into 2024. 

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