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The majority of the family's wealth derives from the heritage of Bud and Sam Walton, who were the co-founders of Walmart. Walmart is the world's largest retailer, one of the world's largest business enterprises in terms of annual revenue, and, with just over 2.2 million employees, the world's largest private employer.
Cifra - Walmart's operations in Mexico started as Walmex, a joint venture between Cifra of Mexico and Wal-Mart Stores, Inc. Walmart later bought a majority interest in Cifra and changed the name to Walmart de Mexico. Walmex is independently traded on the Mexican stock exchange, although Wal-Mart Stores, Inc. holds a majority interest.
The Walton family is still the major shareholder of Walmart Inc. The children of Walmart founder Sam Walton own about half of all Walmart shares , according to official company documents.
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 ...
Alice Louise Walton (born October 7, 1949) is an American heiress to the fortune of Walmart as daughter of founder Sam Walton. In September 2016, she owned over $11 billion in Walmart shares. [ 2 ] As of February 2025, Walton has a net worth of $121 billion, making her the 13th richest person and the second- richest woman in the world according ...
The Walton family -- of Walmart fame -- who you might also know as the "world's richest family," has revealed its investments, according to Securities and Exchange Commission filings. The Walton...
She is the younger daughter of Bud Walton, the brother and business partner of Walmart founder Sam Walton. [4] She grew up in Versailles, Missouri , where she met future husband Bill Laurie . [ 5 ] At Bud's death, she and her sister Ann Walton Kroenke inherited a stake in Walmart that made them both billionaires.
In 1978, he left Tulsa to join Walmart as a senior vice president, [8] and in 1982, he was appointed vice chairman. [9] He was named chairman of the board of directors on April 7, 1992, two days after his father's death. [10] Along with his siblings, he has pledged about $2 billion to the Walton Family Foundation from 2008 to 2013. [6]