Mon, 30 June
31.1 C
Yerevan
USD: 384.47 RUB: 4.90 EUR: 450.83 GEL: 141.25 GBP: 526.80

Christy Walton reclaims her spot as richest woman with $36.7 billion fortune

YEREVAN, March 7. / ARKA /. Out of 1,645 billionaires on the Forbes list of the World Billionaires a record 172 are women – up from 138 last year, The Wall Street Journal reported.

At the top, Christy Walton reclaims her spot as the richest woman with a $36.7 billion fortune. The widow of John Walton has had that title for four out of the last five years. She has boosted her fortune above the rest of the Walton family members through her ownership of First Solar shares. That stock rose nearly 50% in the past year.

Back in second place after a year at the top: Liliane Bettencourt, worth $34.5 billion. The L’Oreal heiress remains France’s richest person. Her fortune increased this year thanks to the company’s stock surging. She is 91, and it’s been years since she’s been involved in running the company.

The third richest woman is another Walton family member – Alice Walton ($34.3 billion). The daughter of visionary retailer Sam Walton is Christy’s sister-in-law. She opened her Crystal Bridges Museum of American Art in Bentonville, Arkansas in 2011. It features works from her personal collection.

Notably, of the 268 newcomers to the ranks, 42 are women. However, only five of them built their own fortunes as opposed to inheriting them from their parents or husbands. -0-

spot_img

POPULAR

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

Central Bank of Armenia considering introducing long-term mechanisms for insurance against fraud

The Central Bank of Armenia is considering the possibility of introducing mechanisms for insurance against fraud.

Armenian banks  in 2024 increased profit by 61% to 363 billion drams – UBA

Armenia-based banks made a profit of 363 billion drams in 2024, an increase of about 137 billion drams, or 61%, compared to 2023,  Daniel Azatyan, the head of the Union of Banks of Armenia (UBA) told a press conference today.

ACBA Bank summarizes the results of 2024 (video)

ACBA Bank summarized the results of 2024 and defined the future directions of the bank's development at the annual general meeting of shareholders, ACBA said in a press release today.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

LATEST NEWS

spot_imgspot_imgspot_img