Outlook Business Desk
Sam Walton founded Walmart in 1962, which now dominates as the world’s largest retailer. Walmart remains the primary source of the Walton family’s wealth.
The Walton family’s combined net worth is estimated at $432 billion as reported by Hindustan Times, making them the richest family globally, largely due to their Walmart stake.
The family controls about 50% of Walmart through Walton Enterprises LLC and the Walton Family Holdings Trust. These entities hold a substantial stake in Walmart.
Rob Walton, the eldest son of Sam Walton has an estimated net worth of $113.3 billion as reported by Forbes, served as Walmart’s chairman until 2015. He continues to play a significant role in the family’s investments.
Rob Walton, along with his family, bought the Denver Broncos NFL team for $4.7 billion in 2022, expanding their wealth and influence into sports.
Alice Walton, the richest woman in the world and the daughter of Walmart founder Sam Walton has an estimated net worth of $113 billion. Alice known for her art collection and philanthropic efforts, including founding the Crystal Bridges Museum of American Art.
Jim Walton is the youngest son of Sam Walton, chairs Arvest Bank, a regional financial institution. With a net worth of $112 billion, Jim continues to manage much of the family’s wealth.
The Walton family has been deeply involved in charitable initiatives, focusing on education, community development and environmental issues. Their wealth supports numerous causes.