Richest Woman in the World 2013
Wealth is the abundance of money, other material possessions ad valuable resources. The word wealth actually came from the English term weal, which is actually from an Indo-European word stem. An individual, community, region or country that possesses an abundance of wealthy possessions or resources is what we know as wealthy.
The concept of wealth is of significance in all areas of economics and clearly so for the growth and development of economics yet the meaning of wealth is actually quite content-dependent. Now, the most common definition of wealth is ‘anything of value’ which captures both subjective nature of the idea and the idea that is not fixed and static concept. Various definitions and concepts of wealth have been asserted by various critics and context. Defining wealth can be of normative process with various ethical implications, since often wealth maximization is seen as a goal or thought.
When it comes to the richest woman in the world, businesswoman Christy Walton is on the first post. This woman is the widower of one of the sons of the famous founder of Walmart. When John T. Walton, her husband, died, she inherited almost 15.7 billion dollars from him.
Christy Walton is known for being one of the most generous female philanthropist because of the amount of money she has been contributing to charities and different organization even when her husband is still alive. The Walton family has their own foundation and Christy is still working in order to support the legacy that her husband’s family has started. Aside from that, she is also joining other non-profit organizations in order to help.
In 2013, she already has a net worth of more than $35 billion. Aside from a having a share in the Walmart, she also owns a part of First Solar, a solar power company. With the achievement of WalMart in the Market, it is indeed not so shocking to know that one of its owners is listed as one of the richest in the world. Christy is now living in Jackson, Wyoming. As a part of her nature as a philanthropist, she donated her home in San Diego to Cross Border Philanthropy.
Christy Walton is listed as the richest woman in the world because of the money that she inherited from her husband. However, the change and the development that she has made since 2005 is one of the things that will make you think that she is not really that type of person who just plainly inherited her wealth and has made it to number one because of luck. She was able to manage the money that she inherited and she was able to prove herself worthy of it. When it comes to the effort that she is giving in order to help, it would be noted that she is one of the richest people who never forgot to share what they have. Christy has only one son who is going to inherit the billions of his parents and the legacy of having one of the most successful super stores in the world.