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16 heirs to some of America's best-known brands who are poised to inherit millions
16 heirs to some of America's best-known brands who are poised to inherit millions
Hillary HoffowerSep 13, 2018, 23:04 IST
Charles Sykes/Invision/AP Images
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There aren't any royals with fortunes to envy in America, but there are many heirs and heiresses set to inherit millions from American brands.
These fortunes have been built across a variety of industries, from media to fashion; some are relatively new, while others could be considered "old money."
From Travis Knight of Nike to Ann Walton Kroenke of Walmart, take a look at some of America's most notable heirs and heiresses.
America may not have royalty, but it does have plenty of heirs and heiresses set to inherit the thrones - or at least the riches - of the country's biggest brands.
Some of the wealthiest families in America have built their fortunes by creating megabrands in various industries, from media to fashion. As their wealth grows, it continues to be passed on to future generations, although some fortunes are newer than others. Alexa Dell is set to inherit part of her father, CEO of Dell Technologies Michael Dell's, fortune, a result of a company that's only been around for roughly 30 years.
Other heirs and heiresses are in line for wealth that dates way back up the family tree, like Lydia Hearst, who shares an inheritance with more than 60 family members from media mogul William Randolph Hearst.
Below, meet 16 heirs and heiresses to some of America's most notable brands - some names you may recognize, and others not so much.
Granddaughter of media mogul William Randolph Hearst, Lydia Hearst shares the Hearst fortune among 67 family members. The heiress is an actress, model, writer, and socialite and has an estimated net worth of $100 million.
Georgina Bloomberg
Heir to: Bloomberg
Georgina Bloomberg is an heiress to the $52 billion Bloomberg fortune. Her father, Michael Bloomberg, is the former New York City mayor and media mogul. The 35-year-old is an elite equestrian, novelist, and animal rights activist and has pursued numerous careers.
Travis Knight
Heir to: Nike
An accomplished filmmaker and animator, Travis Knight is the son of Nike founder Phil Knight. According to Portland Business Journal, he was put in charge of a trust that controls 38 million shares of Nike stock. There's no word on how much he stands to inherit, but Nike is the most valuable fashion brand in America, valued at $28 billion.
Ann Walton Kroenke
Heir to: Walmart
Ann Walton Kroeneke, daughter of Walmart co-founder Bud Walton, inherited half of her father's stake when he died in 1995. Her sister, Nancy, inherited the other half. She currently has a net worth of $6.6 billion and her husband, Stan Kroenke, is a real estate billionaire.
Lynsi Snyder
Heir to: In-N-Out
On her 35th birthday in 2017, Lynsi Snyder inherited the remaining 50% of In-N-Out's shares, making her one of the youngest female billionaires in the US with a net worth of $2.9 billion. She had already inherited the first half on her 30th birthday. Her grandparents had opened the burger chain, valued at $1.1 billion in 2013, in 1948.
Victoria B. Mars
Heir to: Mars Inc.
Along with her three sisters, Victoria Mars is heir to Mars Inc., the brand behind your favorite candy like M&Ms, Milky Way, and Skittles. She has an estimated 8% stake in the company and was previously chair of the board of directors. She remains a board member today with an estimated net worth of $6.1 billion.
Dylan Lauren
Heir to: Ralph Lauren
Dylan Lauren is the daughter of fashion designer Ralph Lauren, but she doesn't really need to inherit her father's fortune — she's also a successful entrepreneur who established the well-known Dylan's Candy Bar. She has an estimated net worth of $50 million, and Polo Ralph Lauren is currently worth $4 billion.
Aerin and Jane Lauder
Heir to: Estée Lauder
Granddaughter of Estée Lauder, Aerin Lauder stands to inherit the fortune from her grandmother's namesake cosmetics empire. She's currently the style and image director of the company, and she founded luxury lifestyle brand AERIN beauty. She has a net an estimated net worth of $2.2 billion. Sister Jane Lauder, whom she shares a fortune with, is the global brand director for Clinique.
James Murdoch
Heir to: 21st Century Fox and News Corp.
Son of media mogul Rupert Murdoch, James Murdoch has held several positions across News Corp's companies, such as CEO of 21st Century Fox. He recently became a member on Tesla's board and has an estimated net worth of $500 million.
Alexa Dell
Heir to: Dell Technologies
Alexa Dell is the daughter of Dell Technologies CEO Michael Dell, who has a net worth of more than $27 billion. She's currently engaged to millionaire real-estate investor Harrison Refoua, who reportedly bought her a 12-carat diamond ring worth up to $3 million. Her Instagram feed often features her dressed in fashionable brands like Gucci and Dior.
Megan Ellison
Heir to: Oracle
Along with her brother David Ellison, Megan Ellison has inherited about 3 million shares of Netsuite stock and 900,000 shares of Oracle stock from father Larry Ellison, founder and CEO of Oracle, who has a net worth of $60 billion. According to Forbes, the NetSuite assets alone could be worth $306 million. But Megan does well on her own — she founded a film production company in 2011 and has become a real estate mogul.
Abigail Johnson
Heir to: Fidelity Investments
Abigail Johnson owns more stake in her grandfather's firm, Fidelity Investments, than her two siblings: 24.5% compared to 5% each. Such a stake has helped her build a net worth of $17.5 billion. She took over from her father, Edward "Ned" Johnson III, as CEO in 2014.
Ariana Rockefeller
Heir to: Standard Oil
Great-great granddaughter to Standard Oil founder John D. Rockefeller and granddaughter to David Rockefeller Sr., Ariana Rockefeller founded her own eponymous lifestyle fashion brand in 2011. Before that, she volunteered at an elementary school in Brazil.
Peter Brant II
Heir to: White Birch Paper
Peter Brant II's namesake, Peter Brant Sr., is the billionaire chairman and CEO of White Birch Paper. He shares the fortune with his brother and sister, Harry and Lily. While Peter Jr. is a socialite and model, he also created a unisex makeup collection for M.A.C. in collaboration with his brother.
Ally Hilfiger
Heir to: Tommy Hilfiger
Ally Hilfiger is basically American fashion royalty. Her father, fashion designer Tommy Hilfiger, has a net worth of $400 million. She was previously on MTV reality show Rich Girls, but has since produced a movie and published a book based on her experience with Lyme disease.
