• Three heirs to the Walmart fortune are on the verge of being value $100 billion each, per Bloomberg.

• Jim Walton’s net value is now $99.6 billion, while Rob and Alice are value about $97 billion.

• The trio’s combined net value has reached $293 billion, trumping Elon Musk’s $246 billion fortune.

Three Walmart heirs are on the point of being value $100 billion each — and together they’re already richer than the world’s wealthiest person, Elon Musk.

The three surviving children of the late Sam Walton — Jim, Rob, and Alice — command a net value of $99.6 billion, $97.3 billion, and $96.6 billion respectively, per the Bloomberg Billionaires Index.

Their combined wealth stood at $293 billion at Friday’s market close — a figure that dwarfs Musk’s $239 billion fortune and surpasses Berkshire Hathaway’s $277 billion money pile at the top of June.

The trio of Waltons have each added greater than $26 billion to their net worths this yr, due to Walmart stock surging 47% because the start of January to shut at a record $77 on Friday.

The dynastic heirs to the Walmart fortune rank sixteenth, seventeenth, and 18th on Bloomberg’s wealthy list. In the event that they cross the $100 billion mark in wealth, they’ll join an elite club of centibillionaires that features Musk, Jeff Bezos, Bill Gates, and Warren Buffett.

Jim, Rob, and Alice’s wealth largely stems from the Walmart shares given to them by their father. They each own about 12% of the $621 billion company through a family trust, and have each collected greater than $15 billion from stock sales and dividends through the years, per Bloomberg.

Include Lukas ($34.6 billion) and Christy ($15.5 billion) — the son and widow of Sam’s fourth child, the late John T. Walton — and the wealth of retail’s royal family exceeds $340 billion. That is greater than the worth of Bank of America ($316 billion), Coca-Cola ($312 billion), or Netflix ($301 billion).

The Waltons have enjoyed rapid growth of their personal wealth due to Walmart stock, which has nearly quadrupled since early 2016.

The retailer has benefited from resilient consumer spending in addition to investor optimism, now fueled by slowing inflation and waning recession fears as rates of interest are poised to drop within the weeks ahead.

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