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1. The heir to the throne of the retail empire
Imagine a shop where you can see its logo as soon as you look up, no matter where you are. This store offers more than just goods, but also a sense of convenience everywhere.
That's right, it's Wal-Mart, a family-owned business, but it's bigger than some countries' economies.
The Walton family, the name in retail is like the "Voldemort" in "Harry Potter", and they have to be mentioned carefully.
They have the world's largest retail network, and counting money to hand cramps may not be an exaggeration.
To get back to the point, the story of the Waltons is not as simple as a stock curve that has risen spectacularly.
The family's founder, Sam Walton, was a visionary businessman, but he probably didn't expect that he would start out as a small shop and become a giant in the retail world.
His business empire was born in Arkansas in the 60s of the 20th century and is now a household name in the world.
Family members have not only inherited wealth, but also inherited a "retail gene" that makes every jump they make in the retail world feel like a choreographed ballet.
Walmart's success, though, is no accident.
On the one hand, they have a strong supply chain and an efficient inventory management system, and on the other hand, the family members work together like a team in a Hollywood blockbuster.
The relationship between them is not simply flowers and applause, but more about how to constantly adjust the course in the commercial voyage to maintain the leading position of the family business.
The Waltons own nearly half of the shares, not because they particularly like the number.
It is because such a shareholding ratio can give them a decisive say in the course of this giant ship.
None of that is the most interesting part, however, is the real surprise.
Despite Walmart's stores all over the world, the names and faces of family members have always been like mysterious aristocrats, rarely seen in the public eye.
Their high-profile wealth figures, low-key personal life, this low-key, so that many good people are eager to find out.
Over the decades, the Walton family's fortune has grown like a good wine, the more it ages, the more fragrant it becomes, but who can guarantee that it won't turn sour?
The succession of a family business is always accompanied by numerous pitfalls and challenges. How do they continue to grow their business and wealth?
Perhaps, it is precisely these questions that make the story of the Walton family full of suspense and appeal. Will they be able to maintain their position on the throne of the retail empire, or will there be new business models and changes that will make the family regrettably retire after a storm?
2. Global cash cow
Wal-Mart is more than just a retail store, it's more like a magic cash cow, and as soon as customers spend, the money seems to automatically go into the pocket of the Walton family.
Every leaf of the tree seems to be emblazoned with a dollar sign.
Globally, Walmart has so many stores that any mapping software would crash — looking for the nearest Wal-Mart? Don't look for it, just turn the corner.
This global presence has made Walmart a golden sign in the retail world.
Whenever someone says "go to the supermarket", there is a high probability that he is talking about Walmart.
And this supermarket doesn't just sell bread and milk, it has a wide variety of products that will allow you to meet almost all your life needs without leaving this huge space.
Wal-Mart's business strategy can be summed up in four words: everything. From food to home appliances, from pharmaceuticals to auto parts, you name it.
No one would be surprised if Walmart started selling houses and planes one day.
Behind the scenes, Walmart's massive financial machine is running at full capacity.
Its revenue sources are not only in-store sales, but also online retail, financial services and a range of subsidiaries.
Wal-Mart is playing the game of money and can be said to be the "iron and iron King Kong" in the retail industry.
Almost every time its earnings report sends the stock market through a few shakes — not an earthquake, it's Walmart walking.
But this cash cow has not been without wind and rain. The rise of competitors such as Amazon and other e-commerce platforms has begun to challenge Walmart's market share.
How does Wal-Mart respond? Through continuous technological innovation and market adjustment.
It's so quick to respond that its opponents are a little jaw-dropping – you think it's just a big supermarket, but in the blink of an eye, it might turn into a high-tech company.
In terms of maintaining the status of a financial giant, Wal-Mart is obviously not a simple contestant, it is more like a referee who sets the rules.
But even so, challenges arose. Will Walmart be able to maintain its global retail dominance?
3. Wealth defense strategy
When talking about inheritance tax, there is a saying: inheritance tax is a nightmare for the rich and a pipe dream for ordinary people.
Ordinary people dream of having enough wealth to worry about this one day, while the rich worry about how to keep their hard-earned wealth from being cut in half by the scissors of tax officials.
So, how can you maximize the protection of your estate from inheritance tax within a legal framework?
Just like playing chess on a chessboard, you need to plan your strategy well in advance. Wise property owners will use trusts, gifts, and timely transfers of property to "legally avoid taxes."
They gradually transfer their wealth to future generations by converting it into a family trust or through an annual gift.
These methods are sometimes like an invisible cloak in the battle to protect wealth, allowing tax officials to lose sight of the true size of their wealth.
Pre-life planning is particularly important. Some people may think that planning before death is like writing their own funeral invitation, which is a bit unlucky.
But the truth is, this is exactly the best way to ensure that your estate can be distributed according to your wishes.
By setting up a family foundation, setting up an education fund or making a charitable gift, you can not only reduce the burden of inheritance tax, but also leave a lasting positive impact on society.
Not only do these strategies keep your wealth "invisible" under the nose of the tax office, but they also allow you to do good while skillfully minimizing the threat of inheritance tax.
Of course, the rules of inheritance tax are not carved into stone. With policy changes, yesterday's tax avoidance strategies may be obsolete today.
A professional wealth management advisor is like a wealth bodyguard for the wealthy, protecting their money bags from inheritance tax at all times.
They are well-versed in tax law and can adjust their strategies at any time, just like navigating the unpredictable sea of taxes, and can always find a legal haven for tax avoidance.
In addition, the defense of inheritance tax is not only about the amount of money, but also about the inheritance of family history and the transmission of emotions.
So, can inheritance tax circumvention strategies really dance on the edge of the law without falling?
Fourth, the wealth pattern of the world's wealthy families
The map of the world's riches is like a kingdom map in an epic work, full of legends and power struggles.
On this map, some mark the coffers of wealthy nations, while others are small lords who barely maintain their territory.
The giants of the world's wealthy landscape have coffers that are fuller than those of some small countries.
These giants of wealth, with their huge assets and influence, dance on the global economic stage, causing waves of market volatility from time to time.
Some of these giants have risen to nouveau riche with the power of technology, and their wealth has grown like a rocket.
For example, the founders of the tech giants that were born in Silicon Valley skyrocketed overnight.
One wonders: Did they discover the magic of turning stones into gold?
On the other hand, the bigwigs of traditional industries are like seasoned veterans, with old family businesses and complex business empires, firmly guarding their turf.
However, the contrast between these economic giants is not always peaceful.
Whenever there is market volatility or a major event in the global economy, these giants engage in a gentlemanly but brutal battle for wealth.
They are vying for market share, innovative technology and even talent, and this war is enough to make the stock market tremble.
It's not just a contest of wealth, it's a contest of strategy, wisdom and patience.
With the deepening of globalization, the influence of wealthy giants is no longer limited to their own borders, and their tentacles have reached every corner of the world.
Their every move can not only affect the distribution of global wealth, but also affect the development trend of all walks of life.
On the big stage of global wealth, each giant is playing its own role, or leading or cooperating, jointly composing this never-ending economic symphony.
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