With a collective net worth of nearly $175 billion, the Walton family is the richest in the world via CNBCMakeIt
The Walton family, founders of the world's largest company by revenue, Walmart, officially tops the latest Sunday Times Rich List, the paper's ranking of the wealthiest 100 people in the world.
While Bezos may be the world's richest man, Walmart heiress and philanthropist Alice Walton remains the world's richest woman, according to the Forbes 2018 billionaires list. The youngest of Sam Walton's children, Alice Walton, 68, is reportedly worth $40.5 billion. The Walton Family also reaps the benefits from other Walmart-owned companies, such as the warehouse chain Sam's Club and the British supermarket chain Asda. Walmart, as the no. 1 Fortune 500 company, has become a lot larger than its late founder Sam Walton first envisioned.
His company grew rapidly and went public in 1970. Sales associates who had remained with the company and received Walmart shares saw their own wealth grow, CNBC anchor David Faber reports in the documentary"The Age of Walmart."
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