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The Walton Family Is $5 Billion Richer

  • World’s largest retail fortune rises to $140 billion
  • Amazon founder Bezos closes gap as online retailer soars
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Big Movers on Bloomberg's Billionaire Index 10/10

The five heirs to Wal-Mart Stores Inc. fortune became $5 billion richer Tuesday after the world’s largest retailer said it expects U.S. e-commerce sales to surge 40 percent in the next fiscal year. The forecast added 4.5 percent to Wal-Mart shares and pushed the combined net worth of Alice, Jim, Rob, Lukas and Christy Walton to $140 billion, according to the Bloomberg Billionaires Index.

That widened the gap between the Waltons and Amazon.com Inc.’s Jeff Bezos, whose fortune has surged 74 percent in the past two years. Bezos overtook Bill Gates as the world’s richest person for just a few hours in late July, when his net worth peaked at $92.3 billion.