Lukas Walton
Source of wealth: Walmart
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Biography
Lukas Walton is a grandson of Walmart founder Sam Walton (d. 1992).
He inherited a fortune when his father, John Walton, died in a 2005 plane crash.
He received about one third of his father's estate; his mother, Christy Walton, got about one sixth.
He owns stakes in Walmart and his family's $27 billion (assets) Arvest Bank Group, though he does not work for either company.
He founded and runs Builders Vision, a sustainability-focused philanthropic and impact-investing platform that has doled out more than $3 billion since launching in 2021.
Perspective on their fortune
Gold
Everyday luxury
A Lukas Walton's fortune is equivalent to 335 of gold, but this may be difficult to value, as we don't usually have a handful of gold bars in our piggy bank.
A standard gold ring typically weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18k gold.
Based on today's gold price (not taking into account the jeweler's fee, shipping, or anything else), that gold ring would be worth $556.3
Lukas Walton could buy 89,368,492 gold rings. That's a lot of fingers and a lot of gifts!!
And if the number of rings is difficult to visualize, all these rings would need 16 trucks to transport them, But we can be almost certain that Lukas Walton will have enough left over to pay for the gas for those trucks.
Health
The price of life
Let's compare Lukas Walton's fortune with the healthcare spending of a huge country
Lukas Walton could fund the entire healthcare system of DR Congo with a population of over 105,800,000 of inhabitants for approximately 22.4 years.
But even if we compare their fortune to that of a rich country
At the other extreme, Lukas Walton could cover the health expenditure of Luxembourg, considered the world's most heavily invested health system, for 9.9 years
Education
Buying the future
Lowest education spending
Lukas Walton could assume the entire cost of the education system of Nigeria, the most populous country in Africa, with more than 243,000,000 inhabitants for 14.6 years.
Highest education spending
But not only could he assume the cost of a poor country, Luxembourg is considered the country with the highest per capita investment in education in the world, Lukas Walton could pay for it in full for 19.9 years.
Research
The monopoly of progress
Lowest research spending
Lukas Walton could fully fund the state research budget of Pakistan, the fifth most populous country in the world with more than 260,000,000 of inhabitants, for 83.7 years.
Highest research spending
But even if we compare the total wealth of Lukas Walton with Israel, the country that currently invests the most per capita in research in the world, it could assume the total cost of the system for 1.9 years.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison