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Walmart founder Sam Walton died more than 30 years ago, but the retail giant he started is still thriving and making his family even richer. The Waltons were recently named the world's richest ...
The largest shareholder of Walmart is the Walton family, who owns more than half of all Walmart shares. ... and its first stock was sold at $16.50 per share, ... Stock market today: Asia stocks ...
The family behind Walmart saw its wealth grow by 66% to a record $432 billion in one year as the retailer's stock soared. The Waltons are once again the world's wealthiest family, beating out Gulf ...
The Walton family's wealth is majority held through the investment holding company Walton Enterprises. [6] As of December 2014, the Waltons collectively owned 50.8 percent of Walmart. [7] In 2018, the family sold some of their company's stock and now owns just under 50%. [8]
That way, the family accumulated funds in WEI rather than throwing it all over the place to live high. [3] Rob using his law expertise helped organize his family's ownership in Walmart into WEI, and also did legal work for Walmart's IPO in October 1970. [4] In 1975, the family agreed to make Jim the president of WEI.
He and Carolyn filed for divorce in 2000. He married his third wife Melani Lowman-Walton in 2005. [9] [16] [17] His children include Carrie Walton Penner. In 2022, due to a decline in Walmart's share price, Rob and his siblings lost more than $27 billion. [18] Walton is a well-known collector of automobiles. [19]
What Is Walmart Worth? Financials. Walmart Share Price, 52-Week Range. $126.28 – $152.57. Fiscal Year 2022 Revenue. $572.75 billion. Fiscal Year 2021 Profit
The Walton family is worth more than $330 billion, dwarfing Elon Musk's $237 billion fortune. They owe some of their wealth to a savvy decision by Walmart founder Sam Walton over 70 years ago.