Posted:
September 30, 2021 10:48 GMT
The owners of Wal-Mart diversified their portfolio by buying shares of various companies for about 5000 million.
The American Walton family, the owner of the world’s largest retail chain Wal-Mart, revealed that at the end of last June, it owned $4.9 billion in shares of various companies, reach Bloomberg citing documents from the US Securities and Exchange Commission (SEC).
Team Walton Investments, the company that manages family investments, recently Unveiled his collection of collectibles. The Securities and Exchange Commission requires a quarterly report to be submitted to institutional investment managers who manage more than $100 million in assets.
SEC documents show that most of Waltons wealth was put into Vanguard originating in ETFs (exchange-traded mutual funds), treasury bonds, in private equity giant Apollo Global Management, but also in several technology companies such as US data storage based on cloud computing Snowflake or Chinese technology company Pinduoduo focused on agriculture.
Walton’s fortune
The Walton family is proud to be the richest family in the world and has a fortune from $238.2 billionAccording to the latest wealth ranking detailed by Bloomberg. Almost half of this legacy Associated with WalmartFounded by Sam Walton in 1950.
for family years He kept his investments a secretBut it is becoming increasingly difficult to hide his wealth. Recently, Waltons received billions of dollars from sell stock From a chain of supermarkets.
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