Walton Family

Extracted Attributes

• Founders

  Sam Walton and Bud Walton

• Net Worth

  $432 billion (2024 estimate)

• Headquarters

  Bentonville, Arkansas, United States

• Wealth Status

  Ranked as the second-richest family in the world by Wikipedia, though some 2024 estimates place them as the wealthiest.

• Key Living Members

  Jim Walton, Rob Walton, Alice Walton, Lukas Walton, and Gregory Penner (Chairman of Walmart)

• Primary Source of Wealth

  Walmart (World's largest retailer)

• Investment Holding Company

  Walton Enterprises

• Philanthropic Organization

  Walton Family Foundation

Timeline

• Birth of patriarch Sam Walton in Kingfisher, Oklahoma. (Source: Web Search (YouTube))

  1918-03-29

• Sam and Helen Walton move to Northwest Arkansas to open their first five and dime store. (Source: Walton Family Foundation)

  1950-01-01

• Sam Walton opens the first Walmart store in Rogers, Arkansas. (Source: Web Search (Quartr))

  1962-07-02

• Sam and Helen Walton establish the Walton Family Foundation on Walmart's 25th anniversary. (Source: Walton Family Foundation)

  1987-01-01

• Death of Sam Walton. (Source: Wikipedia)

  1992-04-05

• Jim, Rob, and Alice Walton begin their consistent tenure in the top twenty of the Forbes 400 list. (Source: Wikipedia)

  2001-01-01

• Death of John Walton in a plane crash. (Source: Wikipedia)

  2005-06-27

• Death of Helen Walton. (Source: Wikipedia)

  2007-04-19

• The combined net worth of the Walton family is estimated at approximately $250 billion. (Source: Web Search (Quartr))

  2023-06-01

• Walton family wealth is estimated to have reached $432 billion. (Source: Wikipedia)

  2024-01-01

Walton family

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.

Web Search Results

• Walton family - Wikipedia

  Wikipedia The Free Encyclopedia ## Contents # Walton family Page semi-protected | Walton | | --- | | Business family | | | Sam Walton, founder of Walmart | | | Etymology | Walton "Walton (surname)") (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) | | Distinctions | Wealthiest family in the world (US$432 billion; 2024) | | Website | WaltonFamilyFoundation.org | 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 [...] ## 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. [...] Their immediate family includes Jim, Christy, and Lukas Walton. ## Notes ## References `{{cite web}}`

• The Walton Family: The Dynasty Behind the Walmart Empire

  Get curated quality company deep dives every other week. The Walton Family Foundation is an essential part of the Walton family’s legacy. Established in 1987, it focuses on improving K-12 education, protecting rivers and oceans, and supporting the community in the family’s home region of Northwest Arkansas. While the foundation is a philanthropic endeavor, it also plays a role in the Walton family's financial planning. Through the foundation, the family has donated billions of dollars’ worth of Walmart shares, thus handling estate tax planning and solidifying their long-term influence and legacy. [...] The Walton family still owns about half of Walmart through the Walton-Penner family ownership group. Besides direct descendants like Rob, Jim, and Alice Walton, this ownership group includes extended family members such as Gregory Penner, who is married to Sam Walton’s granddaughter, and is the current Chairman of Walmart. As of June 2023, the combined net worth of the Walton family is estimated to be around $250 billion, making them one of the wealthiest families in the world. 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. #### Sign up for Edge Get curated quality company deep dives every other week. [...] ) # The Walton Family: The Dynasty Behind the Walmart Empire The Walton family is synonymous with wealth and the family-owned business, the retail behemoth Walmart. Their story is a classic example of American entrepreneurial spirit combined with sharp business acumen. This article delves into the Walton Family's rise to immense wealth and estimates how rich Sam Walton, the patriarch of the Walton family, would be today if he was still alive. ## Key Insights Walmart’s Foundation: Sam Walton’s founding of Walmart in 1962 laid the groundwork for the Walton family’s wealth, with Walmart becoming the world’s largest retailer. Family Ownership: The Walton family retains significant ownership of Walmart, ensuring ongoing dividends and a continuously growing net worth.

• Who's who in the world's wealthiest family

  40/29 News and Weather 40/29 News and Weather # Search location by ZIP code # What to know about the Walton Family KHBS logo KHBS logo The Walton Family is the richest family in the world. It owes its wealth to the Walmart company started by brothers Sam & Bud Walton in Northwest Arkansas more than six decades ago. Just three siblings own a plurality of Walmart's 8 billion shares. The brothers' heirs and heiresses have spread their wealth and influence to the worlds of art, banking, education and athletics, transforming the communities they live in. Below is a family tree followed by charts illustrating the Waltons' wealth. Only family members who have become public figures are included. ### App users: Tap here to view the family tree | Tap here to view the wealth charts

• Our History

  Walton Logo # Get Social # Our History ## We are a family-led foundation Sam and Helen Walton moved to Northwest Arkansas in 1950 to open a five and dime store, and their passion for retail later led to the creation of Walmart. In 1987, Walmart celebrated its 25th anniversary, and Sam and Helen established the Walton Family Foundation. Sam and Helen They envisioned the foundation as a bond to strengthen and bring their family together, children and grandchildren across generations, to find lasting solutions to big challenges. Today, several generations of the descendants of our founders and their spouses work together to lead the foundation.

• The Story of the Walton Family

  Oklahoma in the uncertain years just after World War I was a place of harsh extremes, long bitter winters, and stifling hot summers. Yet for all its hardships, Oklahoma in the 20s was a place to grow and to dream. It was near the town of Kingfisher that Thomas Walton, a struggling young farmer, and his wife Nancy Lee started their family. And it was here that their son, Samuel Moore Walton, was born. Sam quickly learned the value of hard work and perseverance. And his curiosity was revealed early when at the age of three he crept into the back row of a nearby schoolhouse and listened attentively to a half day of lessons. It was here too that Sam learned to hunt and occasionally joined his grandpa Lawrence on pawsum hunts. James Lawrence Walton or Bud as he was known was born almost 4 [...] would like to see many of our people settle down in Walmarts like Bentonville, Arkansas, for instance, or Neoso, Missouri. It'd be forunate. or Fedville, Arkansas, and uh and and plant their roots and become members of the Chamber of Commerce and become the church of their choice, uh the Rotary Club, and get their home paid for and become uh leaders in their community. Sam and Helen's family has always included the growing family of Walmart associates. And throughout his career, Sam has personally made it his trademark to visit as many associates as he could, traveling to stores on a frequent and regular basis. The partnerships that Sam and his family have created are based on common values, love of home, love of family, and a genuine concern for others. Perhaps Thomas Walton said it [...] Lawrence Walton or Bud as he was known was born almost 4 years after Sam and they soon became great companions. In later years, their father recalled their mother's prayer that the sons would always remain close. It was his firm conviction that her prayers had been answered. As Sam approached school age, Thomas and Nancy Lee made a wise, but at the time difficult decision. They sold all their personal property in a public sale, except for Sam's Mayor Trixs, and moved to Springfield, Missouri. here. Tom went into business with the Walton Mortgage Company as a farm loan appraiser. And it was here and later in nearby Marshall, Missouri, that the Waltons felt their sons would receive a quality education. It wasn't long, however, before the storm clouds of a growing national depression began