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New Jersey and Ontario Families Among America's Wealthiest

2024-05-07 20:06:43.663000

Forbes recently released a new rundown of America's wealthiest families, with 44 families in total. Two families from New Jersey made the list: the Dorrance family and the Johnson family. The Dorrance family, worth $17 billion, is ranked as America's 23rd wealthiest clan. They are known for inventing the formula for condensed soup and launching the Campbell's soup company, which is still headquartered in Camden, New Jersey. The Johnson family, worth $16 billion, founded the Johnson & Johnson health product company in 1886 and is associated with the Robert Wood Johnson hospital system [1dc6e260].

According to a report from New Jersey 101.5 FM, the Dorrance family and the Johnson family are not the only wealthy families in North America. The Thomson family from Ontario, Canada, overseeing one of the world's largest media empires, has accumulated over $10 billion in additional wealth in just a few months. Led by British-Canadian media magnate David Thomson, the Thomson family ranks as the 22nd richest on Forbes' Real-Time Billionaires list. The family's empire, controlled through The Woodbridge Company, the parent company of the Thomson Reuters media empire, was worth $60.4 billion in January 2024 and has increased to $67.8 billion as of May 7. David Thomson has kept a low profile since assuming the helm of the empire in 2006, and the family's fortune has grown through media interests around the world [49999ac6].

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