10 Richest People in the U.S.

Jim Walton

Sam Walton was the founder of Walmart, and Jim Walton, his youngest child, took the company over when his father and brother both passed away. He currently has a net worth of $35.4 billion. He is the current Chief Executive Officer of Walmart, and works with his brother’s wife, who has a large holding in Walmart.

Walmart is worth approximately $573 billion and has over 11,000 stores in 27 countries. Recently, Walmart announced it was going to raise its wages up to $9 an hour in the United States in 2014, and up to $10 in 2016. Labor advocates are trying to get the wage up to $15 an hour. In similar situations, the increase in hourly wages has resulted in a growth in the business in general, so it is not expected that an increase in employee wages will have much of an impact on the Walton family fortunes.