enewbold
06-28-2005, 03:03 AM
Wal-Mart founder's son killed in plane crash
NEW YORK, June 27 (Reuters) - Wal-Mart Stores Inc. , the world's largest retailer, said John Walton, the billionaire second son of its founder, Sam Walton, was killed in a airplane crash on Monday.
Wal-Mart said John Walton, one of the richest men in the world, was killed when an ultra-light aircraft he was piloting crashed shortly after take-off from the Jackson Hole Airport in Grand Teton National Park, in Wyoming.
The cause of the crash has not yet been determined, Wal-Mart said in a statement.
Walton, 58, was a member of the Wal-Mart board of directors, is ranked 11th on Forbes magazine's most recent list of the world's richest people, with a net worth estimated at $18.2 billion.
The retailer said Walton is survived by his wife and their son; his mother; two brother, a sister and their families.
http://www.alertnet.org/thenews/newsdesk/N27325008.htm
NEW YORK, June 27 (Reuters) - Wal-Mart Stores Inc. , the world's largest retailer, said John Walton, the billionaire second son of its founder, Sam Walton, was killed in a airplane crash on Monday.
Wal-Mart said John Walton, one of the richest men in the world, was killed when an ultra-light aircraft he was piloting crashed shortly after take-off from the Jackson Hole Airport in Grand Teton National Park, in Wyoming.
The cause of the crash has not yet been determined, Wal-Mart said in a statement.
Walton, 58, was a member of the Wal-Mart board of directors, is ranked 11th on Forbes magazine's most recent list of the world's richest people, with a net worth estimated at $18.2 billion.
The retailer said Walton is survived by his wife and their son; his mother; two brother, a sister and their families.
http://www.alertnet.org/thenews/newsdesk/N27325008.htm