How Wal-Mart Made One Family Filthy Rich презентация

Sam Walton’s Amazing Foresight Sam Walton founded Wal-Mart in 1962. Even before he launched Wal-Mart, Walton ran a “five and dime.” He transferred 80% of the stock in his

Слайд 1How Wal-Mart Made One
Family Filthy Rich


Слайд 2Sam Walton’s Amazing Foresight
Sam Walton founded Wal-Mart in 1962.

Even before he

launched Wal-Mart, Walton ran a “five and dime.”

He transferred 80% of the stock in his company to his children around the time he launched it.

Much of the family’s wealth is tied up in a family holding company called “Walton Enterprises.”



Слайд 3When Wal-Mart got big, Walton’s kids profited
Walton Enterprises essentially controls Wal-Mart.

Not

surprisingly, Walton Enterprises owns a lot of Wal-Mart stock -- 1.6 billion shares of it.

With 3.2 billion Wal-Mart shares outstanding, Walton Enterprises owns about half of Wal-Mart.

That’s about $122 billion worth of Wal-Mart stock -- and enough to essentially control the company.

Слайд 4Why did he do give so much of it to his

kids?


“The best way to reduce paying estate taxes is to give away your assets before they appreciate.”
--Sam Walton, Made in America

Walton gifted those shares to his kids before Wal-Mart got huge, so his gift was low in value at the time.


Слайд 5How gifts like that work
If you start a new company, it’s

likely worth very little.
You invest some capital.
You have some assets and liabilities.
You may or may not have early earnings.

Your gift is typically valued at its worth on the day you give it. For a new company, that number can be small.

If you’re giving stock, the recipient typically gets your original cost basis as part of the gift.

Слайд 6Turning a gift into a multibillion-dollar legacy
When Walton started Wal-Mart, there

was no guarantee it would become the giant it is today.

His children benefitted when the company grew, and they held on to their appreciating shares.

Because Walton had already handed over most of his stake in Wal-Mart early in its existence, after he passed, those gifted shares were not in his estate.

Слайд 7As a result, massive family wealth
Where the Walton money sits now:
Christy

Walton (and family): $37.8 billion

Jim Walton: $35.4 billion

S. Robson Walton: $35 billion

Alice Walton: $35 billion

Ann Walton Kroenke: $4.9 billion

Nancy Walton Laurie: $4.2 billion

Data from Forbes, as of June 22, 2014.


Слайд 8What could have gone wrong?
Just because it worked for the Waltons

doesn’t mean it will always work out that well.

If Wal-Mart had failed or floundered, Walton’s gift to his kids could have wound up worthless.

If Walton’s kids had sold or squandered their stakes, they may have lost most or all of the wealth.

If the family squabbled instead of worked well together, the money could have been lost to lawyers, and Sam Walton could have been too distracted by the fights to build Wal-Mart into the titan it is today.

Слайд 9What this means to you
The Waltons effectively control Wal-Mart.
That limits the

influence of other shareholders.
It makes a hostile takeover of Wal-Mart virtually impossible.

If you have a business that may get big...
Consider your legacy planning early, while it’s still small.
Don’t forget the human factors, too.

Per Warren Buffett, a good inheritance from a person of means is "enough money so that they would feel they could do anything, but not so much that they could do nothing."

Слайд 10How will Wal-Mart get Paid in the Future?


Обратная связь

Если не удалось найти и скачать презентацию, Вы можете заказать его на нашем сайте. Мы постараемся найти нужный Вам материал и отправим по электронной почте. Не стесняйтесь обращаться к нам, если у вас возникли вопросы или пожелания:

Email: Нажмите что бы посмотреть 

Что такое ThePresentation.ru?

Это сайт презентаций, докладов, проектов, шаблонов в формате PowerPoint. Мы помогаем школьникам, студентам, учителям, преподавателям хранить и обмениваться учебными материалами с другими пользователями.


Для правообладателей

Яндекс.Метрика