Search results
Results from the WOW.Com Content Network
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.
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.
A winning streak for Walmart means profits for the Walton family as Bloomberg notes that they are “richer than ever,” thanks to their stock holdings. A 80% spike in stock this year catapulted ...
Ann Walton Kroenke (born December 20, 1948) [4] [1] [2] [3] is an American billionaire. Heiress to the Walmart fortune, Ann and her sister, Nancy Walton Laurie, inherited stock from their father, Bud Walton (died 1995), who was the brother and an early business partner of Walmart founder Sam Walton.
The largest shareholder of Walmart is the Walton family, who owns more than half of all Walmart shares. ... Walmart became a publicly traded company in 1970, and its first stock was sold at $16.50 ...
In public, the Waltons live a pretty modest life despite their wealth. Here's how they spend their fortune.
The family then announced on August 2, 2022, that Lewis Hamilton would be added to the ownership group. [14] Walton delegated most day-to-day authority to his son-in-law, Walmart chairman Greg Penner, who took over as CEO of the franchise and the public face of the ownership group. [15]
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 richest woman in the world according to ...