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Walton family

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From Wikipedia, the free encyclopedia
Family descended from the founders of Walmart
This article is about the Walton family, founders ofWalmart. For the television program, seeThe Waltons.

Walton
Business family
Sam Walton, founder ofWalmart
EtymologyWalton (surname); for "a place with the suffixtun ('town, farm, hamlet') and one of the prefixeswald ('a wood'),walesc ('foreigner') orwalh ('farm worker')"
FounderSam Walton (1918–1992)
DistinctionsWealthiest family in the world (US$432 billion; 2024)
WebsiteWaltonFamilyFoundation.org

TheWalton family is an American family whose collective fortune derived fromWalmart which in-turn makes them thesecond-richest family in the world.

Overview

The three most prominent living members (Jim,Rob, andAlice Walton) have consistently been in the top twenty of theForbes 400 list since 2001, as wereJohn (d. 2005) andHelen (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 ofBud andSam Walton, who were the co-founders ofWalmart. 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 investmentholding companyWalton Enterprises.[1]

As of December 2014[update], the Waltons collectively owned 50.8 percent of Walmart.[2] In 2018, the family sold some of their company's stock and now owns just under 50%.[3] In December 2024, the Walton family's net worth was estimated to be US$432.4 billion.[4]

Walton Family Foundation

In 1987, Sam Walton endowed a charitable foundation. The Walton Family Foundation primarily focused on charter schools, but it later extended its program to include environmental issues, particularly water-related.[5]

In 2016, Alice and Jim Walton put a $250 million grant towards building charter school facilities. The Walton Family Foundation created the Building Equity Initiative to provide charter schools with access to capital to create and expand their facilities.[6] This initiative was established after the foundation announced in 2016 that it would spend $1 billion over the next five years to expand "educational opportunity" by partnering with charter school operators, researchers, and education reformers.[7]

Walton family fortune

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.[8]

The Walton family fortune is broken down as such, as of February 2025:

Family tree

Walton family tree
Samuel Robson (Rob) Walton
(b. October 27, 1944)
three children
Carolyn Funk (divorced)
John Thomas Walton
(8 October 1946–27 June 2005)
Lukas Walton
(b. September 19, 1986)
Samuel Moore (Sam) Walton
(29 March 1918–5 April 1992)
Christy Walton
Helen Robson Kemper
(3 December 1919–19 April 2007)
Alice Louise Walton
(b. October 7, 1949)
unknown (divorced)
James Carr (Jim) Walton
(b. 1948)
four children
Lynne McNabb
Ann Walton Kroenke
(b. October 7, 1949)
Josh Kroenke
James Lawrence ("Bud") Walton
(20 December 1921–21 March 1995)
Whitney Ann Kroenke
Audrey WaltonE. Stanley Kroenke
Nancy Walton Laurie
(b. May 15, 1951)
Elizabeth Paige Laurie
Bill Laurie
Notes:

Their immediate family includes Jim, Christy, and Lukas Walton.

Notes

References

  1. ^Serwer, Andy (November 15, 2004)."THE WALTONS/ INSIDE AMERICA'S RICHEST FAMILY".CNN Money. RetrievedFebruary 21, 2025.
  2. ^"Wal-Mart says Walton family to sell shares to keep lid on stake". Reuters. April 11, 2015.
  3. ^Souza, Kim (August 23, 2018)."Walton family reduces stock". RetrievedSeptember 30, 2019.
  4. ^Pendleton, Devon (December 12, 2024)."World's Richest Families 2024".Bloomberg News.Archived from the original on December 16, 2024. RetrievedDecember 19, 2024.
  5. ^"Inside the Walton Family Foundation's "Unprecedented" Giving for the Colorado River".Inside Philanthropy. May 2, 2019. RetrievedMay 31, 2019.
  6. ^Sullivan, Maureen."Why Is The Walton Family Foundation Putting Another $250 Million Into Charter Schools?".Forbes. RetrievedAugust 1, 2019.
  7. ^Sullivan, Maureen."Walton Family Foundation Aims To Bolster Charter Schools With $1 Billion In Grants".Forbes. RetrievedAugust 1, 2019.
  8. ^"Alice Walton".Forbes. RetrievedSeptember 6, 2024.
  9. ^"Jim Walton".Forbes. RetrievedSeptember 6, 2024.
  10. ^"S. Rob Walton".Forbes. RetrievedSeptember 6, 2024.
  11. ^"Alice Walton".Forbes. RetrievedSeptember 6, 2024.
  12. ^"Lukas Walton".Forbes. RetrievedSeptember 6, 2024.
  13. ^"Christy Walton".Forbes. RetrievedSeptember 6, 2024.
  14. ^"Nancy Walton Laurie".Forbes. RetrievedSeptember 6, 2024.
  15. ^"Ann Walton Kroenke".Forbes. RetrievedSeptember 6, 2024.
Walton family
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Former execs
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