Secret multi-billionaire no longer
A new multi-billionaire was recently discovered: Lukas Walton, the 29-year-old son of John T. Walton. Until now, it was thought that Christy Walton inherited all of John T. Walton’s money, but actually the old man split the money three ways between Christy, Lukas, and charity.
This is a reminder that we don’t really know who all of the rich people are. Self-made rich get all the attention, but there are so many rich heirs that no one is paying attention to.
Even though the Walton family has been considered politically conservative, young Lukas has a degree in “Environmentally Sustainable Business” from “Colorado College.” I bet he voted for Obama with a degree like that. If so, it would demonstrate my point about how the children of the extremely rich are overwhelmingly liberal.
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“Colorado College” is a private school, and it sounds like one of those schools where most of the students are non-academically-inclined rich kids. I found this written about it on the web:
Most people laugh about the fact that CC is a school of rich kids who want to be hippies. Although the tuition certainly necessitates a more affluent population, most students are very down-to-earth and like to get involved and be outdoors. Despite their tolerant and welcoming reputation, the school has surprisingly few minorities: it’s very white. The school is perceived, especially by the town of Colorado Springs, as being extremely liberal and kind of being a world within a town that is totally separate, even to the point of there being very little police involvement on campus. Most students are very interested in hiking or backpacking or some kind of sports, but they try also to be very socially active. The stereotypical CC kid is wearing Chocos, a wrinkled teeshirt, probably hasn’t showered that day and (if a boy) is sporting some stubble.