Dive Summary:
- Forbes released its list of the five richest grocers in the U.S.
- At $152 billion, the fortune of Wal-Mart's Walton family is more than the net worths of the others on the list combined.
- Following the Waltons are H.E. Butt Grocery Co. owner Charles Butt ($8.5 billion), Meijer's Hank and Doug Meijer ($8.3 billion), Publix's Jenkins family ($4 billion) and Raley's co-chair Joyce Raley Teel ($1.7 billion).
Dive Insight:
While the Walton family didn't make our list of nine global food and beverage billionaires you should know about due to the massive amount of other things sold at Walmart stores, their fortune still dwarfs those mentioned. The two arms of the Albrecht family (which owns Aldi's and Trader Joe's) were the only grocers to make that list, and the other four grocers listed by Forbes would still have been pushed out of our top spots—though Charles Butt could have possibly been No. 10—by billionaires including the owners of AB InBev, Mars and Heineken.