₦airaland Forum

It’s a good week to be a Walton. The trio of siblings behind the Walmart empire have all joined the 12-figure-fortune club, courtesy of a healthy boost to the retailers’ share price.

Rob, Jim and Alice are the three children of Sam Walton, who founded the company sitting at the top of the Fortune 500—a ranking it has held for more than a decade.

Founded in 1945, Walmart is the world’s largest retailer and is half-owned by two family holding companies.

Alice, aged 74, co-manages one of these two organizations—Walton Enterprises—contributing to her net worth of $101 billion.

As a centi-billionaire, Alice is now the richest woman on the planet, coming in at number 18 on the Bloomberg Billionaires list.

However, she’s not the first woman to have ever achieved the centi-billionaire title.

This summer L’Oreal heiress Francoise Bettencourt Meyers was valued at $101 billion but has since seen her fortune tank to $88.2 billion.

Conversely Alice’s fortune has grown by $30.8 billion this year alone.

Alice also isn’t the only Walton on the Billionaires Index. Her siblings Jim, aged 76, and Rob, aged 79, take the number 16 and 17 spots respectively.

Jim was the first of the trio to crack into the $100 billion club when his fortune leapt to $101 billion in the second week of September. At the time of writing, his fortune was valued at $104 billion.

Rob also joined the centi-billionaire group that week and now has a net worth of $102 billion.

The siblings now join an exclusive club of 18 who are valued at more than $100 billion. The pack is led by Tesla CEO Elon Musk, Amazon founder Jeff Bezos and Meta founder Mark Zuckerberg.

While Alice leads the way as the richest woman on the list, a handful of other heiresses are featured further down. Aside from Bettencourt Meyers, Julia Flesher Koch and her family are valued at $76.8 billion.

Flesher Koch is the widow of David Koch, the former co-owner of multinational conglomerate Koch.

Elsewhere on the list is Melinda French Gates, the ex-wife of Microsoft co-founder Bill Gates, and MacKenzie Scott, who was previously married to Jeff Bezos

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https://fortune.com/2024/09/26/alice-walton-worlds-richest-woman-centi-billionaire/

This means if their wealth (the Walton's) wasn't shared, Elon Musk and co will be lagging far behind! Wow

She inherited it... For me it doesn't count, because it generational wealth.

But congrats maam, I tried to fantasizes knacking this kind woman for money but my brain gave me error 404 in return 😂😂

Franzinni:
She inherited it... For me it doesn't count, because it generational wealth.

But congrats maam, I tried to fantasizes knacking this kind woman for money but my brain gave me error 404 in return 😂😂

you're as funny as a clown. So generational wealth shouldn't count because of what?

Do you know the amount of burden such wealth comes with. You always have to do everything to ensure that the wealth you met didn't disappear in your hands. Like there's absolutely no room for failure for you.

Ask the abiola, Ekenedilichukwu motors and Ibru where their generational wealth is today

michlins:
you're as funny as a clown. So generational wealth shouldn't count because of what?

Do you know the amount of burden such wealth comes with. You always have to do everything to ensure that the wealth you met didn't disappear in your hands. Like there's absolutely no room for failure for you.

Ask the abiola, Ekenedilichukwu motors and Ibru where their generational wealth is today

Go and work for your own money

etrouble:
Go and work for your own money

so once you hear generational wealth, you think they don't work hard to keep it. If you know anything about wealth, you should know that it's more difficult to retain wealth than to make it

Franzinni:
She inherited it... For me it doesn't count, because it generational wealth.

But congrats maam, I tried to fantasizes knacking this kind woman for money but my brain gave me error 404 in return 😂😂

"For me it doesn't count"... lol, no one gives a sh*t what you think

mecuries:
"For me it doesn't count"... lol, no one gives a sh*t what you think

obviously you do ... If not you would ignore like the near 6 million other monikers.

michlins:
you're as funny as a clown. So generational wealth shouldn't count because of what?

Do you know the amount of burden such wealth comes with. You always have to do everything to ensure that the wealth you met didn't disappear in your hands. Like there's absolutely no room for failure for you.

Ask the abiola, Ekenedilichukwu motors and Ibru where their generational wealth is today

it all disappears eventually... Dumbo! You live for money that is why you worship it .. I own my world and in it money is not worshipped its used. All the things you need in life to be happy doesn't cost much in fact they are free. But I guess you are Gen z and you still need a few more years of falling to understand... Everything has its time. If it has a begining it surely must end. You would have been better off ignoring me I think... I am not looking for support when I comment on this toxic platform, rather I am actually thrilled when I get mentions becasue I get the chance to hone my skills free of charge. This platform is a testing ground for me so if you take me serious when you come across my comments then you must be a nail head ! 😂 😂... Like her billions mean anything to me ... What does it even mean to you that have mounted your white knight horse ? Oga calm down o nah cruise I dey like so .

Franzinni:
She inherited it... For me it doesn't count, because it generational wealth.

But congrats maam, I tried to fantasizes knacking this kind woman for money but my brain gave me error 404 in return 😂😂

Nutcase 😂

koldrun:
Nutcase 😂

big one boss ... Nah wetin I take dey endure the tinubulation.

Nobody should take me serious because I am on a cruise on this platform.... I say wild stuff I don't even care to logically process, I just let it out like a fart.

That is why my typo is always on steroids 😂😂😂😂 it's fun you know ... Because people now are left to assume whatever they like about me... But I love it !

adamusuleiman3:
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https://fortune.com/2024/09/26/alice-walton-worlds-richest-woman-centi-billionaire/

At this age money will be useless to me...been with a lot of old money and I realise how useless the money is to them..the only thing that is important to these kind of ppl are the close relationship with family members.some are even doing count down to death when they cross the 85year mark..it amazes me when ever I realise how useless wealth is of course you get people hailing you for your money and that you drive a Rolce Royce and you live in a big mansion. I think I will choose comfort and family over extreme wealth cos it comes with its own burden.