World’s Richest Family Gets Much Richer

Group 1 - The Walton family is the richest family in the world, with a net worth of $513 billion, significantly higher than the second richest family, the Al Nahyan family of the UAE, at $336 billion [3] - The Waltons and their foundations own 44% of Walmart, which has a market capitalization of $922 billion, making it the 13th most valuable company globally [4] - Walmart reported a revenue of $180 billion for the most recent quarter, reflecting a 6% increase year-over-year, while earnings rose 35% to $0.77 per share [4] Group 2 - Walmart's stock has increased by 21% over the past year, outperforming the S&P 500, which saw an 11% increase during the same period [5] - The Waltons are unique among the ultra-wealthy as they inherited their wealth, unlike many top billionaires who are founders or early employees of their companies [5][6] - Walmart employs 2.1 million people worldwide and operates more than 10,500 stores [4]