Walton family
Encyclopedia
The Walton Family is one of the richest families in the world, their wealth inherited from Bud and Sam Walton
, founders of the world's largest retailer, Wal-Mart
. The five most prominent members (Jim
, John
(d. 2005), Rob
, Alice
, and Helen
(d. 2007)) have consistently been in the top ten of the Forbes 400
since 2001, although Helen dropped to #11 in 2006, probably in part due to her extensive philanthropy
. Christy Walton took her husband John's place after his death in 2005.
Collectively, the Waltons control over 48% of the company, and are worth a combined total of $83.5 billion (as of June 2011). After Helen Walton
died in April 2007, her fortune will pass to charity over the next few years.
.
Sam Walton
Samuel Moore "Sam" Wallballs was a businessman, entrepreneur, and Eagle Scout born in Kingfisher, Oklahoma best known for founding the retailers Wal-Mart and Sam's Club.-Early life:...
, founders of the world's largest retailer, Wal-Mart
Wal-Mart
Wal-Mart Stores, Inc. , branded as Walmart since 2008 and Wal-Mart before then, is an American public multinational corporation that runs chains of large discount department stores and warehouse stores. The company is the world's 18th largest public corporation, according to the Forbes Global 2000...
. The five most prominent members (Jim
Jim Walton
James Carr Walton is the youngest son of Wal-Mart founder Sam Walton and the Chairman of Arvest Bank.With an estimated net worth of around US$21.3 billion, Walton is currently ranked by Forbes as the 20th-richest person in the world....
, John
John T. Walton
John Thomas Walton was a decorated United States war veteran and a son of Walmart founder Sam Walton. He was also the chairman of True North Partners, a venture capital firm...
(d. 2005), Rob
S. Robson Walton
Samuel Robson "Rob" Walton is the eldest son of Helen Walton and Sam Walton, founder of Wal-Mart, the world's largest retailer. He is currently chairman of the worldwide company...
, Alice
Alice Walton
Alice Louise Walton is an American heiress to the Wal-Mart fortune. She is the daughter of Wal-Mart founder Sam Walton and Helen Walton, and sister of S. Robson Walton and Jim Walton. Another brother, John T. Walton, died in a 2005 plane crash. In September 2011, her estimated net worth was...
, and Helen
Helen Walton
Helen Robson Kemper Walton was the wife of Wal-Mart and Sam's Club founder Sam Walton. At one point in her life, she was the eleventh richest American and the richest woman in the world.-Early life:...
(d. 2007)) have consistently been in the top ten of the Forbes 400
Forbes 400
The Forbes 400 or 400 Richest Americans is a list published by Forbes Magazine magazine of the wealthiest 400 Americans, ranked by net worth. The list is published annually in September, and 2010 marks the 29th issue. The 400 was started by Malcom Forbes in 1982 and treats those in the list like...
since 2001, although Helen dropped to #11 in 2006, probably in part due to her extensive philanthropy
Philanthropy
Philanthropy etymologically means "the love of humanity"—love in the sense of caring for, nourishing, developing, or enhancing; humanity in the sense of "what it is to be human," or "human potential." In modern practical terms, it is "private initiatives for public good, focusing on quality of...
. Christy Walton took her husband John's place after his death in 2005.
Collectively, the Waltons control over 48% of the company, and are worth a combined total of $83.5 billion (as of June 2011). After Helen Walton
Helen Walton
Helen Robson Kemper Walton was the wife of Wal-Mart and Sam's Club founder Sam Walton. At one point in her life, she was the eleventh richest American and the richest woman in the world.-Early life:...
died in April 2007, her fortune will pass to charity over the next few years.
Walton's family fortune
List of Walton's family fortune as of March, 10, 2010 published by ForbesForbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
.
- Jim WaltonJim WaltonJames Carr Walton is the youngest son of Wal-Mart founder Sam Walton and the Chairman of Arvest Bank.With an estimated net worth of around US$21.3 billion, Walton is currently ranked by Forbes as the 20th-richest person in the world....
US$20.7 billion - Christy WaltonChristy WaltonChristy Ruth Walton is the widow of John T. Walton, who was a son of Sam Walton, the founder of Wal-Mart. After John's death in June 2005, she inherited his fortune of $15.7 billion....
and family US$22.5 billion - Alice WaltonAlice WaltonAlice Louise Walton is an American heiress to the Wal-Mart fortune. She is the daughter of Wal-Mart founder Sam Walton and Helen Walton, and sister of S. Robson Walton and Jim Walton. Another brother, John T. Walton, died in a 2005 plane crash. In September 2011, her estimated net worth was...
US$20.6 billion - S. Robson WaltonS. Robson WaltonSamuel Robson "Rob" Walton is the eldest son of Helen Walton and Sam Walton, founder of Wal-Mart, the world's largest retailer. He is currently chairman of the worldwide company...
US$19.8 billion - Ann Walton KroenkeAnn Walton KroenkeAnn Walton Kroenke is, indirectly, an heir to part of the Wal-Mart fortune. Along with her sister, Nancy Walton Laurie, Kroenke inherited stock from father, Bud Walton , who was an early business partner and brother of Wal-Mart founder Sam Walton...
US$3.2 billion - Nancy Walton LaurieNancy Walton LaurieNancy Walton Laurie is the daughter of the late Bud Walton, the brother and business partner of Wal-Mart founder Sam Walton. At Bud's death, she and her sister Ann Walton Kroenke inherited a stake in Wal-Mart now worth over USD$6 billion....
US$2.7 billion - John WaltonJohn WaltonJohn Walton is the name of:* John Walton , Georgia Continental Congressman, signer of the Articles of Confederation* Sir John Lawson Walton , British MP and Attorney General of England and Wales...
US$2.5 billion - Total: US$92 billion