Media Families Among Forbes’ ‘Richest Families’ List

Magazines still make some money.

Forbes’ annual “America’s Richest Families” list is littered with old money, media families. The Cox family is ranked the highest at number five, with a net worth of $41 billion.

Following behind the Coxs are the Hearsts (#9, $28 billion), the Newhouses (#11, 18.5 billion) and the Ziffs (#14, $14.4 billion).

Despite all that cash, none of the media families can touch the number one clan on Forbes’ list. The Walton family of Wal-Mart fame is worth $130 billion.

Publish date: June 30, 2016 © 2020 Adweek, LLC. - All Rights Reserved and NOT FOR REPRINT