The Richest Families
In no particular order, here are some of the wealthiest families with a lot of power!
12 – Walton Family, The Walton Family, is the most affluent family globally with an estimated net worth of 215 BILLION dollars!
Much of the family’s fortune is because of their stake in Walmart, the biggest retailer globally. According to Bloomberg, over 12,000 stores worldwide brought in around a 524billion dollars in revenue in 2019!
More estimates by Bloomberg show that the family earned roughly 4 million dollars an hour, a metric that shows just how much money the family makes.
Thanks to Walmart’s success, three of the heirs – Jim, Rob, and Alice – have ranked among the top 20 wealthiest people since 2001.
Although the late founder, Sam Walton, opened the first Walmart on July 2, 1962, in Arkansas, he’d been in the business way earlier.
Walton focused on establishing stores in smaller towns to conquer the retail space, contrary to other chain stores that focused on larger cities.
Let’s say that plan worked out!