Net Worth: $22.5 billion
Source: Wal-Mart
Residence: U.S.
• World's largest retailer benefited as cash-strapped shoppers looked to discount merchandise at start of economic slump.
• Boost may have waned; recently reported 1.6% decline in same-store sales in its U.S. Wal-Mart and Sam's Club stores, warned of soft sales in current quarter.
• Still, shares are up 7% in past 12 months and family fortune rose a combined $13 billion, largely recovering losses from market crash.
• Sam Walton started as J.C. Penney clerk. Opened Benjamin Franklin five-and-dime in 1945; lost lease five years later. Founded Bentonville, Ark., general store with brother James 1962.
• Today Wal-Mart has $405 billion in annual sales, 2 million employees, more than 8,400 stores.
• Christy is the richest of the Waltons thanks to late husband John's early bet on First Solar; alternative energy stock up more than 350% since 2006 public offering.
Source: http://finance.yahoo.com/career-work/article/109029/worlds-billionaires-2010
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