Christy R. Walton
The world's richest woman is the widow of John T. Walton, the second son of Wal-Mart founder Sam Walton. After John's death in 2005, Christy inherited her husband's fortune, which consists of a 9.8 percent stake in Wal-Mart, the largest private employer in the U.S., and a 29 percent stake in First Solar, a manufacturer of solar panels.
President Barack Obama held up Wal- Mart Stores Inc. as an example as he seeks public support for an energy and environment initiative that’s been met with skepticism from business groups and Republicans, who say it will kill jobs.
Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
Newark Mayor Cory Booker, the frontrunner in New Jersey’s special election to replace the late U.S. Senator Frank Lautenberg, has proven adept at raising cash. Enough, in some cases, for four elections.
Cory Booker joins the U.S. Senate with one year to show New Jersey voters he can transition from being mayor of Newark, where he charmed Wall Street into the start of an economic and philanthropic revival.
Newark Mayor Cory Booker, who lived on food stamps and resided in low-income housing to identify with his poor constituents, is acknowledging his status as a technology millionaire as he campaigns across New Jersey for a U.S. Senate seat.
Democratic Newark Mayor Cory Booker will face Republican Steven Lonegan, who has lost previous campaigns for New Jersey and national office, in a special election for the U.S. Senate seat of the late Frank Lautenberg.
Amazon.com Inc. Chief Executive Officer Jeff Bezos saw his fortune rise by $2.72 billion yesterday to $21.2 billion, highlighting a week in which the world’s 40 richest people added $5.4 billion to their collective wealth.
The race to open a $40 billion coal region in Australia is being led by billionaires Gina Rinehart and Clive Palmer. Victory depends on who wins approval to build a 500-kilometer (310-mile) railroad to the coast.