In Bentonville, the Walton family modeled their Arkansas castle with millions of dollars

In Bentonville, the Walton family modeled their Arkansas castle with millions of dollars

The first Walmart store, founded by Sam Walton, has now been converted into a museum for his glory in Bentonville (Arkansas) in May 2018.

Beginning September 2021, it tops the magazine’s annual list of 400 billionaires Forbes, Were “Regular Suspects” : Jeff Bezos (Amazon), Elon Musk (Tesla), Mark Zuckerberg (Facebook), Bill Gates (Microsoft) … then, from eleventh place, “regular strangers”: Jim Walton, Alice Walton and Rob Walton, Septuagen Assets worth billions of dollars (60 billion euros). Going down in the rankings, three more Waltons – Lucas, Nancy, Christie – total $ 34 billion. Additions are being made quickly: In September 2021, the Walton family was richer in the United States, with $ 238 billion more assets than Jeff Bezos ($ 200 billion).

Read more The article is reserved for our subscribers When Jeff Bezos, Elon Musk and George Soros did not pay income tax

Strangers in Europe, not across the Atlantic. Like Walton … Walmart: Jim, Alice and Rob are the children of Sam Walton (1918-1992), founder of Walmart supermarkets, which was formed in 1962 in the small town of Bentonville, deep in Arkansas. From this area of ​​the Osorks on the border of Missouri and Oklahoma, Sam Walton and his heirs captured the United States and later the planet: with his 2.3 million employees worldwide, Walmart is the largest privately owned 11,000 stores in the United States, including 4,600. In the United States and in the world.

Opposition against Amazon

After all, the multinational company has been organizing protests against Amazon, with some success, its number surpassing the world leader in internet sales ($ 570 billion against the expected $ 470 billion revenue for Amazon in 2021) and it has shown excellent results. Than expected. The company also gained the wealth of the Waltons, who still own 40% of the $ 400 billion stake in the company, especially since their father sold them titles worth less and paid the minimum inheritance tax.

The story begins in Bentonville, Arkansas, for which there is a direct flight from New York. Upon arrival, everything is Walton, everything Walmart: In the airport lobby, the University of Arkansas advertises an MBA (Master of Business Administration) named after Walton; On the road to the airport, immediately, are three huge Walmart warehouses; Boulevard is called Samuel-Walton. In the heart of the city, in the beautiful Sunny Square, is the Walmart Museum, to the glory of the founder.

76.47% of you should read this article. The rest is for subscribers only.

Check Also

World Snooker Champion Kyren Wilson Finds Form Ahead of Triple Crown Bid

World Snooker Champion Kyren Wilson Finds Form Ahead of Triple Crown Bid

In 1977, snooker’s UK Championship was contested for the first time. It immediately earned the …

Leave a Reply

Your email address will not be published. Required fields are marked *