Another year, another $33 Billion for the Waltons

Once again, the Walton family figures prominently on the Forbes annual list of the world’s billionaires, which the magazine released online Monday. The Waltons, who inherited their controlling interest in Walmart, are the richest family in the United States.

We did some simple calculations with the Forbes data and came up with a few eye-popping Walton  statistics:

  • Combined net worth of the six Waltons on the list: $148.8 billion
  • One-year increase in the Waltons’ net worth: $33.1 billion
  • Daily increase in the Waltons’ net worth since Feb. 14, 2013: $90.9 Million
Rob and Melani Walton in a $12.1 million 1957 Ferrari 250 Testa Rossa

Walmart Chairman Rob Walton takes his 1957 Ferrari 250 Testa Rossa for a spin. When Rob purchased this beauty in 2009 he paid a record $12.1 Million (and then tried to avoid paying import taxes).

And here are the Forbes rankings and net worth figures for the six Waltons, individually:

  • Christy Walton: #9 with $36.7 billion
    Christy Walton is the richest woman in the world
  • Jim Walton: #10 with $34.7 billion
    Jim is the CEO of Arvest Bank and a member of the Walmart board of directors
  • Alice Walton: #13 with $34.3 billion
  • Rob Walton: #14 with $34.2 billion
    Rob is the long-serving chairman of the Walmart board of directors
  • Ann Walton Kroenke: #305 with $4.8 billion
  • Nancy Walton Laurie: #367 with $4.1 billion

It should be noted that the Waltons’ enormous wealth has generated intense public debate in recent years. Critics point out that the Waltons continue to benefit from Walmart stock buybacks and to collect billions of dollars annually in dividends, while the company’s low wages force many employees to rely on taxpayer-funded safety net programs such as food stamps and Medicaid.

Click here to see the Walton entries for yourself at Forbes.

Sources:

Forbes 2014 Billionaires List (data as of Feb 12, 2014). Retrieved March 3, 2014, from http://www.forbes.com/sites/luisakroll/2014/03/03/inside-the-2014-forbes-billionaires-list-facts-and-figures/

Forbes 2013 Billionaires List (data as of February 14, 2013). Retrieved March 3, 2014, from http://www.forbes.com/sites/erincarlyle/2013/03/06/full-list-u-s-billionaires-of-2013/