Back in the 2011 Forbes 400 list, Jim Walton had $21.1 billion and he’s now closer to $144 billion according to the Bloomberg Billionaires Index. That’s a very large increase in net worth. And he’s not the only Walton heir out there: Rob Walton is listed at $141 billion, Alice Walton at $140 billion, and Lukas Walton (a grandson of the Walmart founder) comes in at $49.7 billion. Christy Walton has $23 billion. Notably, the Bloomberg list says that Lukas’s net worth has grown by about $2.6 billion this year.
If you started a company in January and it was worth $750 million today, I think most people would say you were incredibly successful. But that pales in comparison to Lukas Walton’s business success doing basically nothing.
— “The Triumph of Capital,” Matthew Yglesias
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