The Walton Family – $151.5B
As of today, the richest family in America would have too be the Walton family. Sam and Bud Walton founded the little-known company called Walmart, which has become the largest retailer in America and ranks among the world’s most profitable companies. Each year, Walmart generates a whopping $482 billion revenue, with the Walton family reaping amazing gains through Walmart and personally pocketing more than a hundred billion dollars. Throughout the years, the Waltons have succeeded in keeping their company share close and they own 50.4% of Walmart.
The Walton Family – $151.5B
The Frist Family – $11.9B
The richest man in Tennessee (and one of the wealthiest in America, period) is Thomas Frist, Jr., who formed the Hospital Corporation of America together with his father in the late 1960s. Within a few years, the father-son business grew exponentially, passing the billion-dollar mark, and they have since gone on to become the chair of massive businesses like IBM. In 2006, Frist made the largest buyout in American history and in 2009, he passed his company down to his son Bill. By then, however, Frist was already a leading shaper of the modern healthcare system in America.
The Frist Family – $11.9B