economie

Meet the 16 members of the $100 billion club — who are jointly worth more than Amazon or Google

September 16, 20240

Walmart

Net worth: $102 billion

YTD change in wealth: +$29.9 billion

Source of wealth: Walmart stock

Jim Walton is the youngest son of Walmart founder Sam Walton, who gave each of his four children a 20% stake in the budding retail business over 70 years ago. Jim and his two surviving siblings, Rob and Alice, each still own over 11% of the company.

Jim’s net worth crossed $100 billion this month thanks to the retailer’s stock soaring 53% this year.

16. Rob Walton

Rick T. Wilking/Getty Images

Net worth: $101 billion

YTD change in wealth: +$29.3 billion

Source of wealth: Walmart stock

Rob Walton, Sam Walton’s eldest, sat on Walmart’s board for more than 40 years before retiring this June.

His net worth passed $100 billion for the first time last week, making him the second Walton to join the club after his younger brother, Jim. Their sister, Alice, is poised to follow them given her $99.5 billion net worth.