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Walton family

Family descended from the founders of Walmart

Walton family

Summary

Family descended from the founders of Walmart

FieldValue
nameWalton
coat_of_arms_size100px
imageSamWalton-1936.jpg
image_captionSam Walton, founder of Walmart
typeBusiness family
etymologyWalton (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')"
founderSam Walton (1918–1992)
website
distinctionsWealthiest family in the world (US$432 billion; 2024)

The Walton family is an American family whose collective fortune derived from Walmart which in-turn makes them the second-richest family in the world.

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.

The Walton family's wealth is majority held through the investment holding company Walton Enterprises.

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

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. 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.

Walton family fortune

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

  • Jim Walton, $117.7 billion
  • S. Robson Walton, $119 billion
  • Alice Walton, $109.8 billion
  • Lukas Walton, $40.9 billion
  • Christy Walton, $19.9 billion
  • Nancy Walton Laurie, $16.1 billion
  • Ann Walton Kroenke, $13.4 billion

Family tree

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

Notes

References

References

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

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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