Core Insights - Walmart CEO Doug McMillan is set to step down after over a decade, during which the Walton family's wealth has significantly increased [1][3] - The Walton family, heirs to Walmart founder Sam Walton, now has a collective net worth exceeding $450 billion, making them the richest family in America and possibly the world [4] Wealth Creation - The wealth of the Walton family has more than tripled since Doug McMillan became CEO in 2014 [3] - Each of Sam Walton's children—Jim, Rob, and Alice—has a net worth of over $135 billion, while grandson Lucas Walton is valued at $48 billion [4] Investment Structure - Walton Enterprises, the family office, manages the majority of the family's 45% ownership in Walmart and has a portfolio that includes over $4 billion in standard ETFs and bonds [5] - Individual family members also manage their own investment strategies, with Rob Walton's Madrron Capital being a notable investor in StubHub [6] Generational Transition - The Walton family has expanded their voting power in Walmart from three to eleven family members as they prepare for the third generation [7]

[Applause] Now I come from a very pretentious uh generation, right. We use words like transformation and metamorphosis and the butterfly emerging from the chrysalis and so forth. The Gen Z I like that bunch.They have come up with a very simple word called glow up which somehow captures the essence of what I want to put across. Now glow up at any point in our lives we want to elevate. Everybody here we are all doing well in our lives but somewhere we want to level up somewhere we want to step up the game.And ...

[Music] Over a period of my journey in the last 20 years and health and wellness uh we have seen the lot of changes happening all over the world. Today looking at the geopolitical scenarios I think the help is the biggest asset of any organization or in country all over the world. We are just lucky to be sitting here because we have gone through a co scenario.They have seen a lot of people have lost their life. I think what we fail to understand is the health is not a commodity. It is a collective responsib ...