Is Walton Robson, son of founder of Wal-Mart, the richest person in the world?

#1

Post by clientbiller » Fri, Nov 28, 2014, 4:40 PM UTC

How many declared Wal-Mart shares he has: 1,613,228,678: http://i.steppic.com/8/f/e/1/8fe1af39d21c1aede2429879cbadd63a/0.png

How much that is worth when Wal-Mart is $86 per share (like today): $138 Billion: http://i.steppic.com/b/d/2/b/bd2be178d60454bfd01d787204c5e4a4/0.png

Re: Is Walton Robson, son of founder of Wal-Mart, the richest person in the world?

#2

Post by presty » Fri, Nov 28, 2014, 5:02 PM UTC

1,609,954,648 of those shares are labelled "indirect" - does that mean that they don't actually belong to him and he merely has controlling rights? iirc the walton family is quite big

and his name is "Samuel Robson Walton", not "Walton Robson"

Re: Is Walton Robson, son of founder of Wal-Mart, the richest person in the world?

#3

Post by jimeh » Fri, Nov 28, 2014, 5:12 PM UTC

presty wrote: post #2

1,609,954,648 of those shares are labelled "indirect" - does that mean that they don't actually belong to him and he merely has controlling rights? iirc the walton family is quite big and his name is "Samuel Robson Walton", not "Walton Robson"

I don't know anything about stocks, but a quick google search for "indirect stock ownership" brings this up: https://answers.yahoo.com/question/index?qid=20080628050611A...

And also this which has more details: http://www.law.cornell.edu/cfr/text/26/1.958-1