Walmart heirs lose $11 Billion net worth in one day....

Discussion in 'The Howard Stern Show' started by chapped, Oct 14, 2015.

  1. chapped

    chapped Well-Known Member

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    if this keeps up they may have to shop at walmart



    The four members of the Walton family controlling more than half the shares of Wal-Mart Stores Inc. had $11 billion of their combined net worth evaporate Wednesday as shares of the retailer plunged on a lower earnings outlook for the coming fiscal year.

    The billionaire Waltons -- Christy, Jim, Alice and Rob -- have a combined $120 billion fortune, according to the Bloomberg Billionaires Index, with the bulk of their wealth in the shares they inherited from Wal-Mart founder Sam Walton. The four shareholders, three children of Sam and Christy, the surviving spouse of a fourth sibling, are among the year’s worst-performing billionaires, losing a total of $41 billion since Jan. 1.
     
  2. DogStar69

    DogStar69 Well-Known Member

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  3. reno

    reno VIP Extreme Gold

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    they are worth 120 billion? Beth just asked if they have any single brothers.
     
  4. RONNIE THE CLAW

    RONNIE THE CLAW Well-Known Member VIP

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    and how was your day?
     
  5. chapped

    chapped Well-Known Member

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    a dollar fell out of my pocket while getting my phone out...

    so i lost 89% of my net worth
     
  6. WUT7272G7C

    WUT7272G7C Space Chimp

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    Correction. They've now lost 11 billion, 26 dollars and 63 cents.
    ..I just returned my Black & Decker toaster.
     
    Mulletude, Turtle Man, baci and 9 others like this.
  7. Dump Button

    Dump Button Former Mall Security Guard

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  8. chapped

    chapped Well-Known Member

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    your a cold man
     
  9. eliasbboy

    eliasbboy Insert Witty Title Here Staff Member

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    They should have invested in Sirius.
     
  10. DuckDong

    DuckDong VIP Extreme Gold

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    They will always be rich but I pray Walmart goes the way of Kmart
     
  11. Mack29

    Mack29 Well-Known Member

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    Those numbers are just about unfathomable to most people.
    I certainly can't dig up any sympathy for them.
     
    Mulletude and SalsMasterShake like this.
  12. MyLazyHand

    MyLazyHand Russia and France Know What to Do

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    If you take their losses for today ($11 billion) and divide it by the amount of money Howard Stern has shared with his family, you get...ummmm....shoot.

    I forgot that you cannot divide by zero.
     
  13. wujekcity

    wujekcity Well-Known Member

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    its all on paper and really doesnt matter....the stock wont ever go to $0 ....they will never want for anything material. Its a stupid article...it means nothing. It just might hurt their egos a little bit
     
    SalsMasterShake and Bye You! like this.
  14. Habsfan

    Habsfan Well-Known Member

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    Really you don't think he bought his sister a nice house and paid for her kids college and his parents have a fancy house?
     
  15. SternsEgo

    SternsEgo Well-Known Member

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    I have feeling they aren't losing sleep over it
     
  16. Murcielago

    Murcielago Smoke me a kipper, I'll be back for breakfast

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    They've announced a huge investment in their E-Commerce side for the near future, playing catch-up with Amazon at this point feel like a fool's errand.
     
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  17. Bye You!

    Bye You! The n word guy Gold

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    No.
     
  18. Dlist

    Dlist Well-Known Member VIP

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    Walmat had a decent business model when it first opened..but I never go to mine. Their are too many weirdos & trash that roam the aisles.
     
  19. AmericasJudge

    AmericasJudge Well-Known Member

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    It makes the reader feel better about them self. Most people hate the rich.
     
  20. FSFN

    FSFN Well-Known Member

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