Jim Walton, heir to the Walmart fortune, surpasses $100 billion wealth, ranking 13th, due to a 50% increase in Walmart's stock.

Jim Walton, heir to the Walmart fortune, has reached a personal wealth of $101 billion, entering the $100 billion club and ranking 13th on the Bloomberg Billionaires Index. His fortune has surged due to a 50% increase in Walmart's stock. The Walton family, collectively worth nearly $350 billion, owes their wealth to founder Sam Walton's decision to allocate 20% of Walmart to each of his four children, surpassing Coca-Cola's market value.

September 12, 2024
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