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Walmart’s surge just added $12 billion to the Walton family’s wealth (WMT)





Walmart stock price earnings

  • The Walton family still controls about 48% of Walmart, meaning their exorbitant wealth is innately tied to the company’s stock price.
  • Walmart’s earnings surge on Tuesday netted Sam Walton’s heirs a cool $11.6 billion.
  • Follow Walmart stock price in real-time here.

Walmart skyrocketed more than 10% Thursday following the grocer’s earnings report that crushed analysts expectations, adding a cool $11.6 billion to the founding family’s wealth.

The richest family in the United States — which owns about 48% of the US’ largest grocery chain through Walton Enterprises — saw their net worth surge to $163.2 billion, Bloomberg first read more >>>

Source:: BusinessInsider.Com

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