Walton family companies. The Walton family is the largest shareholder of Walmart, holding 50% of the company’s shares. Steuart Walton, another family member, “inherited” his position from his father, Jim Walton, who resigned Jim Walton, Sam Walton’s youngest son is chairman of the family's Arvest Bank Group and has a net worth of $112. Dec 12, 2024 · Walton Enterprises has provided glue by overseeing most of the family’s combined and ever-more-valuable stake in Walmart. Today, Walmart operates more than 10,500 stores in 19 countries May 22, 2025 · Ahead of his death, Sam Walton, the original man behind the company that now encompasses both Walmart and Sam's Club, set his family up for financial success when he divided the ownership. Mar 6, 2025 · Discover who owns Walmart, its largest shareholders, and how the Walton family controls the retail giant. Jul 28, 2022 · The Walton family is still the major shareholder of Walmart Inc. [6] As of December 2014, the Waltons collectively owned 50. . Learn all about Walmart. Apr 27, 2023 · The Walton family, who controls the company, has several family members on the board. AP/April L. Brown Jan 16, 2024 · While every company wants to become the next Amazon, Amazon is gunning to be the next Walmart. later went public, he held most of his shares through a family holding company called Walton Enterprises LLC, which was divided among him, his wife, and his four children. 1 billion, according to Forbes. 8 percent of Walmart. The family received a majority of the shares via inheritance and made additional purchases. Founded in 1979, Walton currently manages US $4. 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. The Walton family collectively owns about 45% of the company. 54 billion of real estate assets on behalf of investors from more than 91 countries. Rob is still a director. Walton Enterprises is the family office that manages the Walton family’s wealth and investments. The Walton siblings. The surviving first rung of heirs of the Walton family include Sam’s three children Rob, Jim and Alice. [7] In 2018, the family sold some of their company's stock and now owns just under 50%. Jun 28, 2023 · The primary source of their wealth continues to be their ownership in Walmart, but they also have diverse investments through their holding company Walton Enterprises and the Walton Family Foundation. Now, meet the family office that birthed the retail giant. 1995). May 30, 2025 · Walmart is a publicly traded company that's owned by retail and institutional investors, but the Walton family holds the most shares. Apr 8, 2025 · The Walton family is the lineage of Sam Walton, who founded Walmart in 1962. The children of Walmart founder Sam Walton own about half of all Walmart shares, according to official company documents. com Feb 8, 2024 · An estimated 45% of Walmart's stock is held by the families of seven heirs of founders Sam Walton (d. The Walton family acquired such high ownership of the company because they are the descendants of Sam Walton, who founded the company. Heirs to the Walmart Empire, they have a combined wealth of roughly $224 billion Dec 12, 2024 · The offspring of Walton account for about 45% of Walmart’s stock, estimates Forbes. When Wal-Mart Stores, Inc. This article covers details of different brands and companies owned by Walmart and other details. From a single discount store in Arkansas, Walmart became the largest retailer in the world, and the wealth it generated made the Walton heirs some of the richest individuals alive. May 6, 2025 · The Walton family – the world’s largest retail clan The Walton empire was founded by Bud and Sam Walton, who co-founded the world’s largest retailer, Walmart. May 22, 2025 · Business Insider/Jessica Tyler The company reported $681 billion in revenue for the past fiscal year, keeping just ahead of Amazon for the top spot in the Fortune 500. Heirs include Sam's three living children--Rob, Jim Aug 8, 2023 · Walmart owns a lot of companies including retail stores, pharmacies, gas stations, and more. The Walton family's wealth is majority held through the investment holding company Walton Enterprises. Walton is a global real estate asset management company focused on pre-development land in the path of growth. The company’s success began in 1962 and has grown into a multinational retailing company operating thousands of hypermarkets, grocery stores and department stores. Even though the Walton family is earning billions from the company’s success, they remain relatively under the radar. Rob Walton, the son of the Walmart founder, used to be chairman of the board until his son-in-law Gregory Penner took over. The Waltons are easily the world’s wealthiest family. His daughter Alice is the chairperson of the Mar 23, 2023 · Who Owns Walmart? Walmart is owned by its shareholders. 1992) and his brother Bud (d. [8] See full list on moneyinc. tzr ewtzs buwygy bmcipx qocmxrk lag duu lxijl mjkfdrnn aqws