164.3 billion USD is the” admitted” wealth of the Walton family.
According to Forbes....
Christy Walton has a disclosed net worth of $41.7 billion. Christy Walton trails only seven other individuals for world's richest person, including Microsoft founder Bill Gates, Mexican telecom mogul Carlos Slim Helu, Wall St. guru Warren Buffett, Zara's Amancio Ortega, Oracle's Larry Ellison, as well as Charles and David Koch of Koch Industries. Christy is possibly the richest woman in the world. (I chose to ignore the Queen of England, as I do suspect that her wealth is largely undisclosed.)
Christy Walton's husband, John, was one of Sam Walton's four children. John Walton died in a private plane crash in 2005. He left his stake in the company to Christy.
Jim Walton, the youngest son of Sam Walton (founder of Wal-Mart), came in right behind his sister-in-law Christy with a disclosed net worth of $40.6 billion.
Alice Walton has a disclosed net worth of $39.4 billion.
Alice Walton, is quite possibly the second wealthiest woman in the world.
S. Robson Walton is an American businessman, and the eldest son of the founder of Walmart (Sam Walton), who has a net worth of $33.3 billion,
Ann Walton Kroenke (niece), $4.7 billion. Is a heiress, nurse, and mother who has a net worth of $5.5 billion dollars. She is the daughter of James “Bud” Walton Wal-Mart co-founder), and the niece of Sam Walton (Wal-Mart co-founder).
Nancy Walton Laurie is an heiress who has a net worth of $4.6 billion dollars. She is the daughter of “Bud” Walton and the niece of Sam Walton.
Sooo, the Waltons will cruise onward and upward the wealth ladder. Any setback involving increased costs or declining revenue won’t really impact their bottom line in the long run. It is merely a cost of doing business. They have already successfully made obscenely vast fortunes, like untouchable pirates and thieves. You can be sure that, at some time in the future, they will more than make up for this small inconvenience and wimpy threat to their power structure.
It is like certain typical corporate scams wherein they make tens and billions off of dubious and deceptive advertising and marketing techniques. Few of them ultimately must face lawsuits or governmental regulatory agencies; and they typically settle for a mere fraction of the vast total revenue generated from such deceit and fraud.
That said… Also, the Waltons surely have other investments in the financial healthcare, pharmaceuticals and up-and-coming technologies. (Check out First Solar.)
Bloomberg.com wrote the following:
“Wal-Mart Stores Inc. owns more than $76 billion of assets through a web of units in offshore tax havens around the world, though you wouldn’t know it from reading the giant retailer’s annual report.
A new study has found Wal-Mart has at least 78 offshore subsidiaries and branches, more than 30 created since 2009 and none mentioned in U.S. securities filings. Overseas operations have helped the company cut more than $3.5 billion off its income tax bills in the past six years, its annual reports show.
The study, researched by the United Food & Commercial Workers International Union … in a report by Americans for Tax Fairness, found 90 percent of Wal-Mart’s overseas assets are owned by subsidiaries in Luxembourg and the Netherlands, two of the most popular corporate tax havens.
Units in Luxembourg -- where the company has no stores -- reported $1.3 billion in profits between 2010 and 2013 and paid tax at a rate of less than 1 percent, according to the report.
All of Wal-Mart’s roughly 3,500 stores in China, Central America, the U.K., Brazil, Japan, South Africa and Chile appear to be owned through units in tax havens such as the British Virgin Islands, Curacao and Luxembourg, according to the report from the advocacy group. The union conducted its research using publicly available documents filed in various countries by Wal-Mart and its subsidiaries.”