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7 Tweets 1 reads Nov 01, 2022
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Here’s what it’s like to be born really, really, really rich in America trib.al
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The Waltons, long reserved and discreet about their fortune, are stepping out as never before. Sixty years after the founding of Walmart, the clan is pouring money into a range of new pursuits, with the apparent aim of making money — and having some fun trib.al
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For the fourth year in a row, the Waltons top the list of the world’s richest families with a net worth of $224.5 billion. That’s almost $14 billion less than 13 months ago as soaring inflation whittles down Walmart’s margins and dissuades shoppers trib.al
For the fourth year in a row, the Waltons top the list of the world’s richest families with a net wo...
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They’re hardly alone in seeing their fortune shrink: The world’s 25 wealthiest families are collectively worth $1.5 trillion, a $143 billion decline from last year in a sharp reversal of the upsurge in riches that typified the pandemic era trib.al
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Most of these families’ fortunes stem from long-held companies based in Europe, North America and Asia trib.al
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The list excludes first-generation billionaires and isn’t definitive. Some widely-dispersed family fortunes, such as the Rockefellers’, are too difficult to track trib.al
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Regardless of region or industry, few family fortunes have been spared from 2022’s market turmoil.
Full story: trib.al
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