Waltons Crack Ranks of 10 Richest as Nvidia’s Huang Falls Out

A weeks-long hot streak for Walmart Inc. shares has vaulted three members of the founding Walton family into the ranks of the world’s 10 richest people, overtaking Nvidia Corp.’s Jensen Huang, who dropped to 11th on Friday.

Jim, Rob and Alice Walton are now the world’s 8th, 9th and 10th wealthiest people with a combined net worth of $465.8 billion, according to the Bloomberg Billionaires Index. Their move up the ranks comes as a broader rotation out of tech stocks shakes up the billionaire ranks.