Rank #12
Rob Walton & family
Net worth $136.9B
Walmart · United States
- Born
- Oct 27, 1944
- Age
- 81
- Source
- Walmart
- Residence
- Bentonville, Arkansas
- Citizenship
- United States
- Marital status
- Married
- Children
- 3
- Education
- Doctor of Jurisprudence, Columbia University; Bachelor of Arts/Science, University of Arkansas
Net worth over time
Biography
- Rob Walton is the eldest son of Walmart founder Sam Walton.
- Walton took over as chairman upon his father's death in 1992.
- He retired as chairman in 2015 and was replaced by his son-in-law, Greg Penner. Walton retired from Walmart's board in 2024.
- He and other heirs of Sam Walton collectively own about 45% of Walmart's stock.
- In 2022, a group led by Walton bought the NFL's Denver Broncos for $4.7 billion. Walton transferred controlling ownership of the team to his son-in-law Greg Penner in 2023.
- Rob Walton, who has a law degree from Columbia University, helped Walmart prepare for its IPO in 1970.
- His daughter Carrie Walton Penner sits on the board of the Walton Family Foundation, which his parents set up on Walmart's 25th anniversary in 1987.
Financial assets
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