Despite volatility in the media industry, families who made their fortunes in publishing, cable and radio, held their own in 2016 — and some even prospered.
According to Forbes‘ America’s Richest Families list, the Waltons of Wal-Mart Stores Inc., were once again on top with an estimated net worth of $130 billion. But the family’s worth dropped 12.8 percent from $149 billion in 2015.
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