The richest families in the world own billions, possessing $1.4 trillion in wealth collectively, according to Bloomberg.

This wealth is derived from various industries, including retail, media, agribusiness, technology, and more.

The collective net worth of the Belgian beer-making families behind Anheuser-Busch InBev dropped $16 billion in the past year alone.

As much of the world struggles with the economic fallout of the coronavirus pandemic, many of the world's richest families are as wealthy as ever.

Bloomberg ranked the families with the richest fortunes across the globe — together, they possess $1.4 trillion in wealth from retail industries, media conglomerates, agribusiness companies, tech giants, and more.

Bloomberg determined its ranking based on net worth figures from July 24, 2020. It didn't take into account first-generation fortunes, fortunes controlled by a single heir, or fortunes derived primarily from the state. For the purposes of this list, families whose wealth stems from a joint company or enterprise are being considered as a single entry.

From the billionaire family behind Nutella to the Walmart heirs, here are the richest families in the world, ranked.