Walmart owners have become richer on 14 billion dollars in one day
'21.11.2017'
Source: Forbes
The Walton family, owners of the Walmart supermarket chain and one of the richest US business clans with a fortune of $ 1 billion worth of 174,1 ForbesIt became richer by 14 billion last Thursday.
Such a jump was noted after the company's report on the 50% online sales growth for the current quarter of the year. In the first three hours after the news, the giant's shares rose by 3%. Walmart President and CEO Doug McMillon announced that a jump in revenue was possible after increasing the number of points for issuing online orders, launching new services, and testing the launch of points for automatic issuing orders. In particular, the head clarified that the planned automation of certain functions of offline stores.
A year ago, Walmart bought Jet.com online service, setting a goal to compete more effectively with Amazon, and apparently it was a good bargain. The Waltons, heirs of the founder of the company Rob, Jim and Alice, occupy stable places in the twenty of the richest people in the world. The elder Walton founded the company in 1962. Now the network has more than 5 thousands of stores across America. The company employs over 1,5 millions of employees.
Rob Walton ran the retail chain 23 of the year until he retired two years ago. Jim, the youngest son, became the last leader of the family members, he left office a year ago. Alice, the daughter of Sam Walton, never worked in Walmart, being engaged mainly in collecting works of art. Millions are owned not only by Sam’s children, but also by his grandson Lukas, son of the deceased John Walton, wife of John Christie, and two billionaires — the son and daughter of Bud Walton, brother of Sam and co-founder of the network. The total fortune of all the heirs by Thursday evening really grew by 14 billion US dollars.
