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Walton Family
The Walton family is an American family whose collective fortune derived from Walmart makes them the richest family in the United States, and, as of December 2024, the List of wealthiest families, richest family in the world. Overview The three most prominent living members (Jim Walton, Jim, S. Robson Walton, Rob, and Alice Walton) have consistently been in the top twenty of the Forbes 400, ''Forbes'' 400 list since 2001, as were John T. Walton, John ( 2005) and Helen Walton, Helen (d. 2007) prior to their deaths. Christy Walton took her husband John's place in the ranking after his death. The majority of the family's wealth derives from the heritage of Bud Walton, 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. The Walton family's wealth is majority held through the inve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas. The company was founded in 1962 by brothers Sam Walton and Bud Walton, James "Bud" Walton in nearby Rogers, Arkansas. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. Walmart is the List of largest companies by revenue, world's largest company by revenue, according to the Fortune Global 500, ''Fortune'' Global 500 list in October 2022. Walmart is also the List of largest United States–based employers globally, largest private employer in the world, with 2.1 million employees. It is a publicly traded family-owned business (the largest such business in the world), as the company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bud Walton
James Lawrence "Bud" Walton (December 20, 1921 – March 21, 1995) was the brother of Sam Walton and a Walmart businessman. Biography Early life Walton was born to Thomas Gibson Walton and Nancy "Nannie" Lee Lawrence Walton on December 20, 1921, in Kingfisher, Oklahoma. His father worked as a farm appraiser and mortgage agent. The family moved often because of Thomas Walton's job. When he was two years old, his family moved from Oklahoma to Springfield, Missouri. The Walton family later lived in Marshall, Shelbina, and Columbia, Missouri. As children, the boys worked on the family's farm. Bud Walton delivered newspapers, worked as a lifeguard, and did yard work. He attended David H. Hickman High School in Columbia, Missouri, where he played varsity basketball and was elected senior class president. After graduation, he attended Wentworth Military Academy in Lexington, Missouri. He served as a Navy pilot in World War II. While undergoing flight training, Bud met and marr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Businesspeople In Retailing
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label that was previously known as Def American * American University, in Washington, D.C. Sports teams S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walton Family
The Walton family is an American family whose collective fortune derived from Walmart makes them the richest family in the United States, and, as of December 2024, the List of wealthiest families, richest family in the world. Overview The three most prominent living members (Jim Walton, Jim, S. Robson Walton, Rob, and Alice Walton) have consistently been in the top twenty of the Forbes 400, ''Forbes'' 400 list since 2001, as were John T. Walton, John ( 2005) and Helen Walton, Helen (d. 2007) prior to their deaths. Christy Walton took her husband John's place in the ranking after his death. The majority of the family's wealth derives from the heritage of Bud Walton, 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. The Walton family's wealth is majority held through the inve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ann Walton Kroenke
Ann Walton Kroenke (born December 20, 1948)Ann Walton Kroenke was born in 1949; Forbes listed her age as 61 in March 2011 and 62 in September 2011. 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. She is the owner of the Denver Nuggets of the NBA and Colorado Avalanche of the NHL. Her husband, Stan Kroenke, is the majority owner and CEO of the Los Angeles Rams ( NFL), Arsenal (Premier League), Colorado Rapids (Major League Soccer), and Colorado Mammoth (National Lacrosse League). As of 2024, her net worth is estimated to be around US$10 billion, according to ''Forbes''. See also *List of billionaires *List of female billionaires ''Forbes (magazine), Forbes'' magazine annually ranks the world's wealthiest female billionaires. This list uses the static rating published once a year by Forbe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nancy Walton Laurie
Nancy Walton Laurie (born May 15, 1951) is an American billionaire, as an heir to the Walmart fortune. Early life Walton was born on May 15, 1951. She is the younger daughter of Bud Walton, the brother and business partner of Walmart founder Sam Walton. She grew up in Versailles, Missouri, where she met future husband Bill Laurie. At Bud's death, she and her sister Ann Walton Kroenke inherited a stake in Walmart that made them both billionaires. Philanthropy With her husband, she donated US$25 million to the University of Missouri for the construction of a new sports arena for the Missouri Tigers in 2001, to be named after their daughter Paige Laurie, who did not attend the university.Stephanie SimonFuming at What Isn't in a Name: A University of Memphis sports complex is named after philanthropists' child, who goes to USC. ''The Los Angeles Times'', April 04, 2004Sarah DeShazo ''Inside Philanthropy'', July 31, 2013 However, it was revealed shortly after the 2004–05 basketb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lukas Walton
Lukas Tyler Walton (born September 19, 1986) is an American billionaire heir. He is the grandson of Sam Walton, the founder of Walmart. As of February 2025, ''Forbes'' estimated his net worth at US$40.9 billion. Early life and career Lukas Walton is the only child of John T. Walton (1946–2005) and his wife Christy Walton. He grew up in National City, California, and Jackson Hole, Wyoming. His father, John T. Walton, died in a plane crash in 2005. Following his father's death, he moved with his mother to Jackson, Wyoming. When he was three years old, Walton was diagnosed with a rare kidney cancer, and his mother attributed his recovery to a plant-based remedy from her garden. He has a bachelor's degree in environmentally sustainable business from Colorado College, where he graduated in 2010. He went on to work at True North Venture Partners. Politics In 2020, Walton gave $5,600 to the Biden campaign and $142,000 to the Democratic National Committee. Personal life Walt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alice Walton (cropped)
Alice Louise Walton (born October 7, 1949) is an American heiress to the fortune of Walmart as daughter of founder Sam Walton. As of May 2025, Walton has a net worth of $117 billion, making her the List of female billionaires, richest woman in the world and 13th richest overall, according to the Bloomberg Billionaires Index. Early life and education Walton was born in Newport, Arkansas. She was raised along with her three brothers in Bentonville, Arkansas, and graduated from Bentonville High School in 1966. She graduated from Trinity University (Texas), Trinity University in San Antonio, Texas, with a B.A. in economics. Career Early in her career, Walton was an equity analyst and money manager for First Commerce Corporation and headed investment activities at Arvest Bank Group. She was also a broker for EF Hutton. In 1988, Walton founded Llama Company, an investment bank, where she was president, chairwoman, and CEO. Walton was the first person to chair the Northwest Arkans ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walton Enterprises
Walton Enterprises LLC (WEI) is an American investment holding company based in Bentonville, Arkansas that serves as a family office to manage the wealth of the Walton family, the owners of Walmart. Walton Enterprises is the largest shareholder of Walmart and is also the largest family office in the world. Background In the early 1950s, Sam Walton was building his business by opening retail stores. His father-in-law Leland Robson convinced him that he should organize his own business as a family partnership. In 1953, Walton Enterprises was established. Sam, Helen, and their four children Rob, John, Jim and Alice were all partners of the company per the legal documents. Sam and Helen owned 20% together while each child owned 20% personally. According to Sam, their Walmart stocks went into WEI. Then the family which is its board makes decisions on a consensus basis. The amount paid out to each person is the same and is agreed upon. That way, the family accumulated funds in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Christy Walton
Christy Ruth Walton (née Tallant; born February 8, 1949) is an American billionaire heiress and philanthropist. She is the widow of John T. Walton, who was one of the sons of the Walmart founder Sam Walton. In June 2005, her husband died in a homebuilt ultralight plane crash, making her the main heir to his fortune of billion. ''Forbes'' listed Christy Walton as the richest woman in the world for several years. Her net worth was estimated to $41.7 billion in March 2015, the bulk of which came from her shares in Walmart, but also from First Solar, in which her husband had invested. In November 2015, an analysis of court documents by Bloomberg revealed that the bulk of her husband's wealth had been transferred to her son, Lukas Walton, resulting in an estimated net worth of approximately billion. Philanthropy Profiled by Condé Nast Portfolio magazine in The Giving Index, she is ranked as the highest female philanthropist according to the amount she gives as a percentage of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
