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The Walton Family Foundation created the Building Equity Initiative to provide charter schools with access to capital to create and expand their facilities. [9] 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 ...
Walmart founder Sam Walton died more than 30 years ago, but the retail giant he started is still thriving and making his family even richer. The Waltons were recently named the world's richest ...
In 2016, Walton donated $225 million among a total $407 million from Walmart heirs to the Walton Family Holdings Trust, which finances the family's philanthropy. [25] Walton formed the Alice L. Walton Foundation in 2017. [26] [21] The foundation promotes arts, education, health, and improving economic opportunity. [26]
Three Walmart heirs have net worths of at least $100 billion, per Bloomberg. Jim Walton is worth $103 billion, while Robson and Alice are worth $101 billion and $100 billion each.
The Walton family is worth more than $330 billion, dwarfing Elon Musk's $237 billion fortune. They owe some of their wealth to a savvy decision by Walmart founder Sam Walton over 70 years ago.
Samuel Robson "Rob" Walton (born October 27, 1944) is an American billionaire heir to the fortune of Walmart, the world's largest retailer. He is the eldest son of Helen Walton and Sam Walton , and was chairman of Walmart from 1992 to 2015.
Ann Walton Kroenke (born December 20, 1948) [4] [1] [2] [3] is an American billionaire. Heiress to the Walmart fortune, Ann and her sister, Nancy Walton Laurie , inherited stock from their father, Bud Walton (died 1995), who was the brother and an early business partner of Walmart founder Sam Walton .
The family behind Walmart saw its wealth grow by 66% to a record $432 billion in one year as the retailer's stock soared. The Waltons are once again the world's wealthiest family, beating out Gulf ...