Three Walmart Heirs About to Reach $100 Billion Each – Their Combined Wealth Will Surpass Elon Musk's Net Worth

Three Walmart heirs are on the cusp of reaching a staggering $100 billion each, as their collective wealth now surpasses even that of Elon Musk, the world's wealthiest individual. 

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Jim, Rob, and Alice Walton – three of Sam Walton's surviving children – have amassed fortunes of $99.6 billion, $97.3 billion, and $96.6 billion, respectively, according to the latest data from the Bloomberg Billionaires Index.

According to the Bloomberg Billionaires Index, the Walton siblings had a staggering combined net worth of $293 billion at the close of Friday’s market. That's $54 billion more than Musk, whose wealth currently sits at $239 billion.

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Their fortunes have been skyrocketing this year. All three have grown their wealth by over $26 billion since January, thanks to Walmart's stock price soaring by 47% this year. The stock closed at an all-time high of $77 per share on Friday.

"If these trends continue, we could soon see three members of the same family in the $100 billion club," said one financial analyst. "That would be a first."

The Walton siblings currently rank 16th, 17th, and 18th on Bloomberg's list of the world's wealthiest individuals. If they cross the $100 billion threshold, they will join an elite group including Musk, Amazon's Jeff Bezos, Microsoft co-founder Bill Gates, and Berkshire Hathaway's Warren Buffett.

The three siblings-Jim, Rob, and Alice-owe the biggest chunk of their fortunes to Walmart shares passed on by their father. Each sibling owns roughly 12% of the firm through a family trust. During this period, they have amassed more than $15 billion each through sales and dividends on the stock, according to Bloomberg.

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"They've been very smart about managing their wealth," commented another market expert. "They're not just sitting on their Walmart shares. They've diversified their portfolios."

The Walton family's wealth isn't limited to just the three siblings. Sam Walton's fourth child, John T. Walton, passed away in 2005, but his widow, Christy, and son, Lukas, also share in the family fortune. Christy is worth $15.5 billion, while Lukas has a net worth of $34.6 billion.

When you add up the entire Walton family's fortune, it totals more than $340 billion. That exceeds the market value of some of the world's largest companies, including Bank of America ($316 billion), Coca-Cola ($312 billion), and Netflix ($301 billion).

The Walton family's wealth has grown in tandem with Walmart's success. Founded in 1962, Walmart has become the world's largest retailer, with annual revenue exceeding $500 billion. It operates more than 10,500 stores worldwide and employs over two million people.

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"Walmart's stock has been on a tear lately," one analyst noted. "The company is benefiting from strong consumer spending and optimism that inflation is finally cooling off."

As one analyst said, “Walmart's in a sweet spot right now, and the Waltons are riding that wave straight to the top.”

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