The Filo Family – $4.9B
In the mid ‘90s, at the start of the Internet era, David Filo, a computer engineer, co-founded a small company which would eventually become an empire. His unique software code provided the backbone Yahoo!, one of the biggest search engines today. One of the world’s most profitable Internet companies, Yahoo! has transformed Filo into a crucial pillar of Silicon Valley. The company spun off several profitable microsites, web hubs and portals, each further cementing the reputation of Yahoo! as a leading provider, and it currently has almost 9,000 employees all over the world.
The Filo Family – $4.9B
The Busch Family – $13.4B
The first Budweiser Beer was cooked up by Adolphus Busch way back in 1876. When Prohibition started and the United States banned alcohol, the company nearly went under and had to sell soda and ice cream to make it through. In the 20th century, Budweiser continued to have a lot of highs and lows, with the company recently experiencing a hostile takeover by some Belgian investors. In the late ‘90s and early 2000s, 25 percent of the business had been sold by the Busch family, but the recent hostile takeover forced a buyout of $52 billion. Since then, the family has started a smaller company that operates in Texas and is called William K. Busch Brewing.
The Busch Family – $13.4B