Walton family

This article is about the Walton family, founders of Walmart. For the television program, see The Waltons.

The Walton family is an American family whose collective fortune derived from Walmart makes them the richest family in the world.^[2][3][4][5]

Walton
Business
Sam Walton, founder of Walmart
Etymology	Walton (surname); for "a place with the suffix tun ('town, farm, hamlet') and one of the prefixes wald ('a wood'), walesc ('foreigner') or walh ('farm worker')"
Founder	Sam Walton (1918–1992)
Titles	Founder of Walmart, richest family in the world
Estate(s)	$US215 billion (2020)^[1]

Overview

The three most prominent living members (Jim, Rob, and Alice Walton) have consistently been in the top twenty of the Forbes 400 list since 2001, as were John (d. 2005) and 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 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.

As of December 2014^[update], the Waltons collectively owned 50.8 percent of Walmart.^[6] In 2018, the family sold some of their company's stock and now owns just under 50%.^[7] In January 2019, the Walton family's net worth was around US$240.6 billion.

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.^[8]

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.^[9] 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.^[10]

Walton family fortune

 

Alice Walton has a net worth of $65.1 billion, making her the 12th-richest person and the 2nd-richest woman in the world.^[11][12][13]

The Walton family fortune is broken down as such:

• Jim Walton, $67.3 billion^[14]
• S. Robson Walton, $66 billion^[15]
• Alice Walton, $65.1 billion^[16]
• Lukas Walton, $23.8 billion^[17]
• Christy Walton, $11.6 billion^[18]
• Ann Walton Kroenke, $9.4 billion^[19]
• Nancy Walton Laurie, $9.4 billion^[20]

Family tree

v t e Walton family tree
Samuel Robson (Rob) Walton (b. 1944) three children Carolyn Funk (divorced) John Thomas Walton (8 October 1946–27 June 2005) Lukas Walton Samuel Moore (Sam) Walton (29 March 1918–6 April 1992) Christy Walton Helen Robson Kemper (3 December 1919–19 April 2007) Alice Louise Walton (b. 7 October 1949) unknown (divorced) James Carr (Jim) Walton (b. 1948) four children Lynne McNabb Ann Walton Kroenke (b. 1949) Josh Kroenke James Lawrence ("Bud") Walton (20 December 1921–21 March 1995) Whitney Ann Kroenke Audrey Walton E. Stanley Kroenke Nancy Walton Laurie (b. 1952) Elizabeth Paige Laurie Bill Laurie
Notes:

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

References

1. "Sunday Times Rich List". thesundaytimes.co.uk. Retrieved January 10, 2021.^{[dead link]}
2. Hanbury, Mary (February 24, 2018). "MEET THE WALTONS: How America's wealthiest family spends its Walmart fortune". Business Insider. Retrieved March 9, 2018.
3. Hanbury, Mary (August 16, 2018). "MEET THE WALTONS: How America's wealthiest family spends its Walmart fortune". Business Insider. Retrieved August 22, 2018.
4. Bryan Rich. "Christy Walton & family". Forbes. Retrieved May 10, 2016.
5. Jerin Mathew (July 2, 2015). "Walton family are richest in the US with $254bn net worth – Forbes". International Business Times UK. Retrieved May 10, 2016.
6. "Wal-Mart says Walton family to sell shares to keep lid on stake". Reuters. April 11, 2015.
7. Souza, Kim (August 23, 2018). "Walton family reduces stock". Retrieved September 30, 2019.
8. "Inside the Walton Family Foundation's "Unprecedented" Giving for the Colorado River". Inside Philanthropy. May 2, 2019. Retrieved May 31, 2019.
9. Sullivan, Maureen. "Why Is The Walton Family Foundation Putting Another $250 Million Into Charter Schools?". Forbes. Retrieved August 1, 2019.
10. Sullivan, Maureen. "Walton Family Foundation Aims To Bolster Charter Schools With $1 Billion In Grants". Forbes. Retrieved August 1, 2019.
11. "Alice Walton". Forbes. Retrieved September 11, 2023.
12. "ALICE L WALTON Insider Trading Overview". www.insidermole.com. Retrieved September 20, 2016.
13. Faria. "Top 20 Richest Women In The World [Updated 2022]". Women In The World. Retrieved January 20, 2022.
14. "Jim Walton". Forbes. Retrieved September 11, 2023.
15. "S. Rob Walton". Forbes. Retrieved September 11, 2023.
16. "Alice Walton". Forbes. Retrieved September 11, 2023.
17. "Lukas Walton". Forbes. Retrieved September 11, 2023.
18. "Christy Walton". Forbes. Retrieved September 11, 2023.
19. "Ann Walton Kroenke". Forbes. Retrieved September 11, 2023.
20. "Nancy Walton Laurie". Forbes. Retrieved September 11, 2023.