Walmart Owner Tops Woman Billionaire List
May 31, 2012
Two members of the Walton family, owners of the Walmart retail chain, are among the world’s five top female billionaires, according to Wealth-X, a global ultra-high-net-worth prospecting and research firm based in Singapore.
Alice Walton came in first with $29.8 billion due to Walmart stock trading at a 12-year high. Wealth-X says there are 3,000 female billionaires worldwide.
She pushed out Gina Rinehart, an Australian mining magnate, who was first last year and second this year with a net worth of $29.1 billion.
The second Walton on the top five list, Christy Walton, is third with $28.2 billion. The woman behind L’Oreal, Liliane Bettencourt of France, placed fourth with $24 billion. Fifth on the list is Birgit Rausing, Swedish-born and Swiss-based, who has $13.8 billion largely from shares in Tetra Laval, the packaging firm.