Bezos Who? Here's The Family Who's Still Much Richer Than The Amazon Founder

Photo: Bеth Hаll | Blооmbеrg | Gеtty Imаgеs

Alice, Jim and Rob Walton

As of Thursday (the 16th of August), he’s worth nearly $156 billion. That’s thanks to Amazon’s sky-rocketing stock and a worldwide shift toward buying more things online. But the heirs of Walmart founder Sam Walton together are still considerably wealthier, thanks in part to a stock bump after Walmart’s latest quarterly earnings report. 

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Seven members of the Walton family possess a fortune worth about $174 billion, compared to Bezos’ $155.8 billion net worth as of 1 p.m. eastern on Thursday.  

The fact that the Walton fortune is still bigger than Bezos’ says something about the enduring nature of Walmart. Even in the era of e-commerce, Walmart reported earnings that pleased Wall Street on Thursday morning, sending the company’s stock up nearly 10% as of 1:15 p.m. That uptick in shares boosted the Waltons’ collective fortune by $13 billion on Thursday.

The strong earnings report also helped Alice Walton, the only daughter of Sam Walton, reclaim her title as the richest woman in the world, worth $46 billion, beating out L’Oréal heiress Francoise Bettencourt Meyers. She and her brothers Jim, 70 (net worth: $46.4 billion) and Rob, 73 ($46.2 billion), all rank among the nation’s top 20 richest. 

In its earnings announcement, Walmart drew attention to an expanded online catalog and pointed to a rapid increase in its grocery business, a key battleground in its fight with Amazon, which a year ago bought Whole Foods to compete there. By the end of the year, Walmart said its grocery delivery service will be available in 40% of America, and its grocery pickup option is already in 1,800 locations.

If Walmart keeps this up, the Waltons may soon cross a threshold that absolutely no one else has. By our estimates, they’ll be the first $200 billion family in history.  

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