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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 ...
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.
In 1978, he left Tulsa to join Walmart as a senior vice president, [8] and in 1982, he was appointed vice chairman. [9] He was named chairman of the board of directors on April 7, 1992, two days after his father's death. [10] Along with his siblings, he has pledged about $2 billion to the Walton Family Foundation from 2008 to 2013. [6]
Walmart founder Sam Walton and his wife Helen, on their wedding day, February 14, 1943. At the time, Sam was a management trainee with the J.C. Penney Company. Photo: Courtesy of Walmart
Walton Family Foundation is an American private foundation and the main philanthropic organization of the Walton family. It was created in 1987 by Walmart founder Sam Walton and his wife Helen Walton. As of 2023, the foundation's giving focuses on environmental and educational causes, as well as supporting communities in Northwest Arkansas and ...
“In every conceivable manner, the family is a link to our past, bridge to our future.”— Alex Haley “It is the smile of a child, the love of a mother, the joy of a father, the togetherness ...
The largest shareholder of Walmart is the Walton family, who owns more than half of all Walmart shares. The second largest shareholder in Walmart is the Vanguard Group, who holds around 5% of ...
He is married to Samantha Walton, [10] [11] [12] who is listed as the co-president with Lukas Walton in the Builders Initiative, which is a Walton family foundation. [ 13 ] In 2022, Walton was ranked 106th in the Forbes annual list of the world's billionaires with a net worth of $16.5 billion. [ 14 ]