In this task, you are given a text of many news articles seperated by special token "|||||". Your task is to summarize them.
Q: The Richest Woman in America Isn’t That Rich After All 
  
 Christy Walton attends the 28th Annual Imagen Awards at The Beverly Hilton Hotel on August 16, 2013 
  
 Christy Walton attends the 28th Annual Imagen Awards at The Beverly Hilton Hotel on August 16, 2013 Photograph by Alberto E. Rodriguez—Getty Images 
  
 Christy Walton is worth $27 billion less than everyone thought. 
  
 The widow of one of the Walmart ( wmt ) founder's sons was considered to be the richest woman in America. After her husband, John Walton, passed away 10 years ago, the assumption was that he gave most of his estate to his wife. 
  
 However, an analysis of court documents by Bloomberg reveals that John Walton didn't leave his wife as much as previously thought. Instead, he left half of his fortune to charity, and a third to his son, Lukas Walton. His wife got the rest—about 17%. 
  
 As a result, Christy Walton is worth $5 billion, as opposed to $32 billion, as previously calculated. 
  
 The richest woman in America now becomes Alice Walton, Christy's sister-in-law, who is worth an estimated $28.3 billion, according to Bloomberg. 
  
 Subscribe to The Broadsheet , Fortune’s daily newsletter on the world’s most powerful women. ||||| Ever since Wal-Mart heir John T. Walton died 10 years ago in a plane crash, it’s been widely assumed that he passed the bulk of his vast estate to his widow, Christy. 
  
 Turns out that was very wrong. 
  
 In what’s been a closely guarded family secret, Walton gave half of his then-$17 billion estimated fortune to charitable trusts and a third to their only child, Lukas Walton, now 29, an analysis of court documents reveals. Christy got the rest. 
  
 The filings, unsealed by a Wyoming court at Bloomberg News’s request, mean that Christy’s fortune as previously calculated has taken a big hit -- from $32 billion before the court records were unsealed to about $5 billion now. She’s unlikely to ever again reach her former designation as America’s richest woman, which she held until last month. 
  
 But her loss is Lukas’s gain. Though little-known outside of a few scattered social media posts, he becomes the 103rd-richest person in the world, with about $11 billion -- and as much as $25 billion if certain trusts are included, according to the Bloomberg Billionaires Index. 
  
 That makes the grandson of Wal-Mart founder Sam Walton $5.5 billion richer than his 66-year-old mother, and the fourth-wealthiest member of the Walton family. His net worth is higher than the likes of Google executive Eric Schmidt and money manager John Paulson. 
  
 The Waltons declined to comment for this article. “Lukas Walton is an entrepreneur involved in a variety of investment and philanthropic activities,” Kiki McLean, a spokeswoman for the Walton family, said in an e-mail. 
  
  
  
  
  
 John Walton, the second of four children of Sam and Helen Walton, left an estate that included gold bars, a catamaran and $100 million in cash, according to the documents. Most valuable was his 20 percent interest in Walton Enterprises LLC, the family’s main investment entity. 
  
 Key Vote 
  
 As a result of that holding, Lukas may wield a key vote in the closely held entity, which together with another family trust controls a 50.2 percent stake in Wal-Mart Stores Inc. At more than $100 billion, the Waltons -- siblings Jim, Rob and Alice, as well as Lukas and Christy -- can claim one of the world’s largest family fortunes, according to the index. 
  
 “There’s no other public company of this size that I am aware of where a family has such a big stake,” said Brian Yarbrough, a consumer research analyst at Edward Jones in St. Louis. 
  
 Lukas has proved adept at keeping a low profile. He grew up in National City in San Diego County and Jackson, Wyoming. 
  
 "They were just one of the neighbors, just one of the very rich neighbors," said Ron Morrison, mayor of National City, who was a regular visitor to the area where the family lived from 1986 to 2005. 
  
 As a young child, Lukas was diagnosed with cancer. His mother attributes his survival to an organic food diet, according to an interview she gave to the San Diego Union-Tribune in 2008. 
  
 Colorado College 
  
 Lukas graduated with a bachelor’s degree in environmentally sustainable business from Colorado College, according to a letter from his high school. His college directory lists his graduation year as 2010 and his work history as an unspecified position at the Walton Family Foundation. He has worked for True North Venture Partners, a firm that traces its roots to his father’s venture capital activities, according to local press coverage of the commencement speech he gave at his high school in 2011. 
  
 The fate of his father John’s stake was unknown ever since a judge in Teton County, Wyoming, sealed the estate in September 2005 at the request of the family. Walton had died three months before, at age 58, when the ultra-light aircraft he was piloting crashed shortly after taking off from Jackson Hole Airport. 
  
 The documents reveal the painstaking seven-year-long legal undertaking to distribute the estate and underline the family’s extensive use of trust structures to minimize the amount of tax they pay. 
  
 Voting Right 
  
 His father’s will directed that Lukas be given the right to vote the estate’s general and limited partner units in Walton Enterprises. That could make him one of the first of the family’s third generation to be a voting shareholder in the controlling entity, if he decides to exercise his voting power. 
  
 That structure is in keeping with Sam Walton’s vision to minimize estate taxes while keeping the family’s control of the company unified. In 1953, he put his stock in a trust that gave each of his children a 20 percent stake in the business, leaving the remainder for himself and his wife. 
  
 “The principle behind this is simple: the best way to reduce paying estate taxes is to give your assets away before they appreciate,” Sam Walton explained in his autobiography. 
  
 When John married Christy Tallant, he had a net worth of about $195 million, according to a 1982 premarital agreement that was unsealed this month by the Wyoming court. 
  
 Tax Avoidance 
  
 John Walton’s own bequest appeared to take advantage of several tools to reduce taxes on the estate. The estate was appraised at $6.6 billion, according to the documents. 
  
 Yet, the Wal-Mart shares controlled by John Walton’s estate would have had a market value of $17 billion at the time of his death if he hadn’t given any of his holdings away during his lifetime, according to data compiled by Bloomberg. That discount in part reflects the holding structure the family has established for their shares, according to John Anzivino, head of the estates and trust division at Miami-based accountants Kaufman Rossin. 
  
 “The LLC may have all kinds of restrictions, such as profit allocations and lack of control, which reduce its value from the market value of the stock itself,” he said. In Bloomberg’s analysis, the net worth of Christy and Lukas is calculated using the retailer’s stock price. 
  
 Appraised Value 
  
 This structure saw the estate estimate its tax liability to be about $1.4 billion, only 21 percent of the appraised value. The top federal estate tax rate was 47 percent in 2005, according to Anzivino. This is the rate on the portion passing to the child subject to estate tax in excess of the exemption of $1.5 million. Christy, as the surviving spouse, gets her share estate tax-free and the gift to the charitable trusts are estate tax-free. 
  
 John Walton’s will split the estate into two parts. 
  
 Half of the estate was placed into tax-friendly vehicles known as charitable lead annuity trusts, or CLATs, of which Lukas is the only beneficiary. 
  
 For the other half, Walton directed that two-thirds was to be held in trust for Lukas. The remainder went to his widow. 
  
 The charitable trusts make annual non-taxable payments under IRS guidelines to the Walton Family Foundation charitable arm until 2036. If its investments outperform certain benchmarks, whatever is left at the end goes to Lukas without any tax bill. 
  
 Future Performance 
  
 In Bloomberg’s calculation, Lukas isn’t credited with the portion of the estate held by the charitable trusts. If he were, his net worth would be as high as $25 billion, according to the Bloomberg Billionaires Index. 
  
 Depending on future performance, Lukas may not receive anything from these CLATs, according to an adviser for the family who asked not to be named as the details are private. It was John Walton’s intent to leave half his estate to charity, the adviser said. 
  
 Currently the trusts are accumulating assets faster than they’re giving them away, according to an analysis by Bloomberg based on the fair market value of these trusts as reported in annual IRS filings. That suggests the underlying assets could ultimately pass to Lukas in 21 years. 
  
 Christy’s Share 
  
 Christy’s share of her husband’s estate -- about 17 percent, according to the unsealed will -- includes 500,000 Wal-Mart shares, personal effects, interest in various ranches and other sundries. A philanthropist, she donated the Victorian house in National City, California, where she had lived with John and Lukas, to charity in 2006. 
  
 “The Waltons were always very good at being very philanthropic to youth programs, but they always did it anonymously,” National City’s Morrison said. 
  
 The documents unsealed by the court reinforce how close the family remains in business, more than two decades after Sam Walton’s death. They show loans to the estate from Sam’s three surviving children that enabled it to meet its obligations and prevent any loss of control at the family retailer. 
  
 It’s a setup not likely to be lost upon the youngest Wal-Mart billionaire. If Lukas is ever tempted to break the tradition of family rule, his grandfather left some stern advice for his offspring. 
  
 “If you start any of that foolishness, I’ll come back and haunt you,” Sam Walton warned in his book. “So don’t even think about it.” 
  
 Watch Next: What Billionaires Won and Lost in 2015? 
  
 Billionaires: Who Won and Who Lost in 2015? 
  
 — With assistance by Zachary Mider, Matthew G Miller, and Peter Newcomb |||||
A: 
It turns out the woman once thought to be America's richest female isn't all that rich after all. But don't feel too bad for her; she still has more money than most of us will ever see. It was long assumed Christy Walton was worth approximately $32 billion after receiving the bulk of her husband John Walton's substantial estate when the Walmart heir (one of the four children of Walmart founder Sam Walton) died in a plane crash 10 years ago, Bloomberg reports. But the news outlet did some sleuthing—requesting access to records sealed at the request of the family following John's death—and uncovered what it calls a "closely guarded family secret." That secret? The actual distribution of John Walton's estate. Bloomberg reports John actually gave half of his estate to charitable trusts and another third of it to his son Lukas Walton. That leaves Christy with only about one-sixth of her husband's estate—or approximately $5 billion, Fortune reports. That $27 billion drop moves her far out of competition for the richest woman in America, a title currently held by her sister-in-law Alice Walton, another one of Sam Walton's four kids, who is worth an estimated $28.3 billion. However, the revelation does bump Christy Walton's son up to the 103rd richest person in the world with approximately $11 billion. The 29-year-old Lukas keeps a low profile and little is known about him, Bloomberg reports. “Lukas Walton is an entrepreneur involved in a variety of investment and philanthropic activities,” a Walton family spokesperson says.