Walton Family Net Worth In 2022 (You’D Never Guess It…)
Today, Walton’s family is considered one of most prosperous families on the planet. They have amassed a lot of wealth from starting one the most successful American retailers and businesses, Walmart.
As of 2022, the Walton family’s combined net worth is valued at $250 billion. This makes them one of the wealthiest families in the world. Sam Walton’s five children Rob and Jim Walton own over half of Walmart shares. They each have a combined value between $63.8 to $66.3 billion.
Sam Walton: Who are you?
Born in Kingfisher, Oklahoma, Samuel Moore Walton, or commonly known as Sam Walton, is an American retail entrepreneur who gained universal fame by founding Walmart in 1962.
Walton launched his discount shop after managing an Arkansas five-and-dime business with his brother in the 1940s.
Sam Walton, unlike other retail entrepreneurs who specialize in discounting, chose a different approach and opened a series of small shops in smaller towns.
Walton was the former Wal-Mart. He used his own transportation company to purchase stock and make cheap sales.
Sam Walton established Sam’s Club to support warehouse clubs that are based on membership. Walmart saw tremendous growth during its first 21 year.
Walton expanded his business model into English, Canadian, Chinese and Mexican markets in the 1990s.
Sam Robson Kemper’s wife Helen welcomed three grandchildren, Jim, Rob, John, and Alice Walton. Sam’s business legacy was passed on to his three living children.
How did the Waltons make money?
Bud Walton’s brother Sam Walton opened the first Wal-Mart store in his hometown. It was a five-and-1 shop. Sam Walton was a businessman who knew how to succeed and opened the first Wal-Mart.
The Walton family opened 24 Walmart stores in 1967, 5 years after its launch. These new Walmart stores generated $12.7 million annually.
It remained true to its original mission of providing everyday, brand-named goods at fair prices. The result was hugely successful.
Walmart’s initial funding came from the Waltons, who reinvested their earnings and borrowed. They then transformed Walmart into an publicly-traded corporation in 1970 by listing it on New York’s Stock Exchange.
What percentage of Walmart is owned by the Walton Family in 2022?
The Walton family held more than 50% of Walmart shares in 2022. Walton Enterprises LLC owns 1.0 billion shares, equivalent to 35% of the total shares.
The Walton Family Holdings Trust received 15% of all shares transferred to the trust by the Walton Family Holdings Trust in 2020. This is the largest share transfer ever made.
S.Robson (Rob Walton), the current chairman, has 2.6 million Walmart stock shares, which equates to 0.09% and a $330.6m market value.
Jim Walton direct owns approximately $730 Million worth of shares. Alice Walton holds direct ownership rights to 6.7 Million shares valued at $776 million.
Walmart Still pays The Walton Family a Living.
Each year, Walton Enterprises LLC & the Walton Family Holdings Trust earns more than $3B in dividends. They own 50% of Walmart shares.
Which Walton Family member is the most wealthy?
However, the collective wealth of the Walton families is approximately $250 billion. But which Walton are you worth more? Sam Walton was worth $8.6 billion at his death, roughly $16 billion in today’s dollars, around 1992.
Samuel Robson ‘Rob’ Walton, Sam Walton’s eldest son and former chairman of Walmart, has a net value of $62.8 billion. James ‘Jim’ Walston, his younger brother has a net worth $64.3 billion.
Alice Walton his daughter is the most successful with an estimated net worth of $66.3billion
Is The Walton Family the Richest on Earth?
Since the late 1990s, Walton Family’s wealth has been on the rise. Not only are they the wealthiest family in America, but they top the charts as the richest family in the world.
Within a single year, the net worth of the entire family grew from $191 to approximately $250 billion (2020-2021).
As the richest family in the world, The Waltons are a clear leader. There are two other families in the top ten: the Mars family (owners Mars), the Koch (Koch Industries), and Al Saud. Al Saud is the Saudi Royal Family with $95 Billion.
Which income streams are available to the Walton Family?
Walton’s primary source of income is undoubtedly generated by the Walmart Corporation formed of Walmart U.S., Walmart International, Murphy USA Gas Stations, and global eCommerce sites. Walmart shares earn Walton’s family over $3 billion annually in dividends.
However, individual family members undertake personal investments that produce generous income streams. For example, Steuart Walton, son of Jim Walton and former Walmart board member, founded a company that manufactures aerobatic and touring planes.
Meanwhile, having founded a museum in Arkansas in 2011, Alice Walton invests her wealth into artistic masterpieces. Crystal Bridges Museum displays works of world-famous artist, such as Warhol and Rockwell.
Rob Walton, however, collects cars and handed his chairmanship of Walmart to Greg Penner. Furthermore, Jim Walton became the CEO of Arvest Bank, later taking a chairman position.
Walmart’s Net Worth: What is it?
Walmart is the Walton family’s main source of wealth, but did you know that the company is also worth a lot? Walmart’s net worth currently stands at $328 billion. Walmart’s total income for the last five years was $559 billion.
Walmart’s wealth is derived from over 11,445 retail stores across the world. You can break it down like this:
America has 4,743 shops, and at least one store in each state.
Where Does Rob, Jim, Or Alice Rank On Forbes Richest People List?
We live in a time where avid consumerism perseveres the extravagant wealth of an elite selection of entrepreneurs. When we consider how successful family members are at charting, the Waltons are often referred to as the richest families on Earth.
According to the prestigious Forbes list of wealth, Alice Walton ranks as the 10th richest person in America but the richest woman in America! Following up in 11th place is Jim Walton, and in 12th is Rob Walton. Jeff Bezos occupies the number-one spot.
But, we can see that Alice Walton ranks 17th among the most wealthy people worldwide, Jim Walton 18th and Rob Walton 19th.
To learn more, also see our other guides on Walmart statistics, Walmart’s competitive advantages, why Walmart is called Wally World, and why Walmart failed in Germany.
Collectively, the Walton families have a net worth in excess of $250 billion. Sam Walton, the founder of Walmart, founded this family in 1962. Over 50% still holds Walmart’s total shares. Additionally, their annual dividends are more than $3B. Sam Walton’s children Rob and Jim have a net worth $66 to 68 billion. The Waltons are the wealthiest family in the world.
.Walton Family Net Worth In 2022 (You’D Never Guess It…)