Friday 14 December
Nov 18, 2016 @ 10:16

Waltons Lose $3.2 Billion After Wal-Mart Sales Fall Short: Chart


The world?s richest family just became $3.2 billion poorer after Wal-Mart Stores Inc.?s brick-and-mortar sales fell short of expectations last quarter.

Shares of the retailer dropped 3.1 percent on Thursday, leaving Alice, Christy, Jim, Lukas and Rob Walton with a combined $119 billion, according to the Bloomberg Billionaires Index.

The five Waltons remain $28 billion richer than the heirs to the Mars Inc. candy fortune, where John, Jacqueline and the estate of Forrest Mars share $92 billion.

Please follow and like us:


Related Stories
Wal-Mart Stores Inc will invest $50 million in Chinese online grocery and delivery firm New
Hedge fund Elliott Management Corp., dissatisfied with Berkshire Hathaway's $9 billion deal to buy electricity-transmission
Robert Mercer, the billionaire president of Renaissance Technologies and major supporter of President Donald Trump,
Said to be America?s richest doctor, Los Angeles multibillionaire Patrick Soon-Shiong also is a medical

Read full Article here »

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.