Author Topic: How much is walmarts Walton family worth??  (Read 604 times)

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Offline powderman

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How much is walmarts Walton family worth??
« on: March 05, 2020, 02:16:16 AM »

https://www.foxbusiness.com/lifestyle/the-richest-family-in-the-world#&_intcmp=hp1s13,hp1s


How much is the Walton family worth?

Walmart heirs the Waltons are the richest non-royal family in the world



 Walmart targets Amazon Prime; FBI warns against email scams

FOX Business Briefs: Recode reports Walmart is planning to launch a paid membership program to compete with Amazon Prime; FBI warns emails scams are becoming more sophisticated and successful.



The Walton family has a collective fortune that makes them the richest family in the USA, and the richest non-royal family in the world.


As heirs to the world's largest retailer, Walmart, the seven heirs of the founding brothers Sam Walton and James "Bud" have breathtaking bank balances. So who are the richest family and how much are they worth?

WALMART PLANS TO COMPETE WITH AMAZON PRIME

Walmart was founded in Rogers, Arkansas, by the Walton brothers in 1962. By the end of the decade, there was a chain of 18 Walmart stores in Arkansas, Missouri and Oklahoma.



The strategy for growth was built on the foundation of "the lowest prices, anytime, anywhere," and in 1969 the company reported annual sales of $30.8 million.




Walmart founders Sam and Bud Walton



The 1970s saw Walmart go national along with expanding the product lines on offer to include pharmacy, car care and jewelry. By 1979, Walmart became the first company to reach $1 billion in sales in such a short time.

By 1983 Walmart earned $4.7 billion in annual sales, and by 1989, Walmart had grown to 1,528 stores, employed 275,000 associates and had annual sales of nearly $26 million.

At the end of the 1990s, after much national and international store expansion, Walmart became the world's largest private employer with a total of 1,140,000 associates.

Growth and expansion continued into the new century and Walmart became the first company to take the Fortune 500 number-one ranking of America's largest companies in 2002.

Skip forward to 2014 and Walmart ended the fiscal year with a total of 10,942 stores, 6,107 of which were international, it employed 2.2. million associates and reported annual sales of $473 billion.

Stock SymbolWMT Stock NameWALMART INC. Stock Price116.77 Stock Change+3.86 Change %+3.42%

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Today Walmart has 11,766 stores throughout the world with fiscal year 2019 revenue of $514.4 billion and over 1.5 million U.S. associates.

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A photograph of Wal-Mart founder Sam Walton and his family is displayed at the Wal-Mart museum, March 17, 2005, in Bentonville, Arkansas. The museum was built in Walton's first store in downtown Bentonville in 1950. (Gilles Mingasson/Getty Images)

After founder Sam Walton died on April 5, 1992, and his brother Bud followed in March 21, 1995, the Walmart wealth was left to the seven heirs.

Jim Walton,  son of founder Sam, has a net worth of $52 billion

Alice Walton, daughter of founder Sam, has a net worth of $51.8 billion

S. Rob Walton, son of Sam Walton, has a net worth of $51.6 billion

Lukas Walton, grandson of Sam, has a net worth of $17.8 billion

Christy Walton (widow of John T. Walton, son of Sam Walton and mother of Lukas) has a net worth of $8.5 billion

Ann Walton Kroenke, daughter of co-founder Bud, has a net worth of $7.6 billion

Nancy Walton Laurie, daughter of co-founder Bud, has a net worth of $6.7 billion

If you combine each of these family members' fortunes, the Walton's net worth is around $196 billion.
Mr. Charles Glenn “Charlie” Nelson, age 73, of Payneville, KY passed away Thursday, October 14, 2021 at his residence. RIP Charlie, we'll will all miss you. GB

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I learned everything about islam I need to know on 9-11-01.
http://www.thereligionofpeace.com/
http://www.youtube.com/watch?v=TDqmy1cSqgo
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Online Dee

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Re: How much is walmarts Walton family worth??
« Reply #1 on: March 05, 2020, 03:12:05 AM »
Wow! Capitalism at its finest. Bet ole Bernie would like to get his hands on their bank accounts.
Hard times create strong men. Strong men create good times. Good times create weak men. Weak men create hard times.

Offline powderman

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Re: How much is walmarts Walton family worth??
« Reply #2 on: March 05, 2020, 04:07:28 AM »
All that money was made from the sweat of millions of people like me. When I first started working there it was great, like a big family. Pastry in the break room every day, day old of course. 2 raises a year incl a merit raise. BIG full meals for Thanksgiving, Christmas, Easter, cookouts 4th of July. and a couple of Xs a year ribeyes on the grill. We even got a profit sharing check. When I had to quit there was NO more profit sharing or merit raises and raises were kept to the minimum, in some cases nothing. The big meals ect were gone too. They cut everybodys hours and no longer hired anybody full time and they decided full time was only 28-32 hours.
When a big hurricane hit NO years ago they bragged about sending $ millions in water to help out, what the didn't tell about was cutting 5 hours a week for 5 weeks to pay for it. YEP, that's how they got so rich. CHARLIE.  >:( >:(
Mr. Charles Glenn “Charlie” Nelson, age 73, of Payneville, KY passed away Thursday, October 14, 2021 at his residence. RIP Charlie, we'll will all miss you. GB

Only half the people leave an abortion clinic alive.
http://www.youtube.com/watch?v=MAiOEV0v2RM
What part of ILLEGAL is so hard to understand???
I learned everything about islam I need to know on 9-11-01.
http://www.thereligionofpeace.com/
http://www.youtube.com/watch?v=TDqmy1cSqgo
http://www.youtube.com/watch?v=_u9kieqGppE&feature=related
http://www.illinois.gov/gov/contactthegovernor.cfm

Offline Ranger99

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Re: How much is walmarts Walton family worth??
« Reply #3 on: March 09, 2020, 09:05:14 AM »
All that money was made from the sweat of millions of people like me. When I first started working there it was great, like a big family. Pastry in the break room every day, day old of course. 2 raises a year incl a merit raise. BIG full meals for Thanksgiving, Christmas, Easter, cookouts 4th of July. and a couple of Xs a year ribeyes on the grill. We even got a profit sharing check. When I had to quit there was NO more profit sharing or merit raises and raises were kept to the minimum, in some cases nothing. The big meals ect were gone too. They cut everybodys hours and no longer hired anybody full time and they decided full time was only 28-32 hours.
When a big hurricane hit NO years ago they bragged about sending $ millions in water to help out, what the didn't tell about was cutting 5 hours a week for 5 weeks to pay for it. YEP, that's how they got so rich. CHARLIE.  >:( >:(


lotta companies that way ^ ^ ^ ^ these days.
first dealership i worked for paid for health insurance for the employee (family extra)
paid for uniforms, paid for a sam's card, NO SATURDAYS, put on a feed at least once
a month, gave out turkeys for thanksgiving- hams christmas and easter, christmas
bonus that escalated with seniority, lots of other incentives.
that's why a lot of the people i first worked with had been there for years, some for
decades, at least one in his late 50's that had had only the one job at the dealer
since high school- never worked anywhere else, at least one retired from working as
a mechanic/technician for many years with retirement party on company time that
they paid for
18 MINUTES.  . . . . . .