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Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in Rogers, Arkansas, and Midwest City, Oklahoma, in 1962 and 1983 respectively.
Walmart founder Sam Walton and his wife Helen, on their wedding day, February 14, 1943. At the time, Sam was a management trainee with the J.C. Penney Company. Photo: Courtesy of Walmart
When Sam Walton died in 1992, he left his ownership in Wal-Mart to Helen and their four children. In 2002, as Helen Walton was the president of the Walton Family Foundation, a $300 million donation was made to the University of Arkansas, the biggest donation ever made to a public university in the United States. [5]
In September 2024, Alice Walton had a net worth of $88.9 billion, making her the 18th-richest person and the richest woman in the world. [12] The Walton family fortune is broken down as such, as of February 2025: Jim Walton, $117.7 billion [13] S. Robson Walton, $119 billion [14] Alice Walton, $109.8 billion [15] Lukas Walton, $40.9 billion [16]
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.
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 ...
John Thomas Walton (October 8, 1946 [1] – June 27, 2005) was an American war veteran and a son of Walmart founder Sam Walton. He was also the chairman of True North Venture Partners, a venture capital firm. Walton cofounded the Children's Scholarship Fund, providing tuition scholarships for disadvantaged youth.
Thomas Simonetti—Bloomberg/Getty Images “They’re skinnin’ us alive.” That was Sam Walton in 1991, a year before the Walmart founder and capitalist king of rural America succumbed to cancer.