Walton family

This article is about the Walton family, founders ofWalmart.For the television program, seeThe Waltons.

Walton
Business
Sam Walton, founder ofWalmart
Etymology	Walton(surname); for "a place with the suffixtun('town, farm, hamlet') and one of the prefixeswald('a wood'),walesc('foreigner') orwalh('farm worker') "
Founder	Sam Walton(1918–1992)
Titles	Founder ofWalmart,richest family in the world
Estate(s)	$US215 billion (2020)

TheWalton familyis an American family whose collective fortune derived fromWalmartmakes them the richest family in the world.

Overview

The three most prominent living members (Jim,Rob,andAlice Walton) have consistently been in the top twenty of theForbes400list since 2001, as wereJohn(d.2005) andHelen(d. 2007) prior to their deaths.Christy Waltontook her husband John's place in the ranking after his death. The majority of the family's wealth derives from the heritage ofBudandSam Walton,who were the co-founders ofWalmart.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.

As of December 2014,the Waltons collectively owned 50.8 percent of Walmart.In 2018, the family sold some of their company's stock and now owns just under 50%.In January 2019, the Walton family's net worth was around US$240.6 billion.

Walton Family Foundation

In 1987, Sam Walton endowed a charitable foundation. The Walton Family Foundation primarily focused on charter schools, but it later extended its program to include environmental issues, particularly water-related.

In 2016, Alice and Jim Walton put a $250 million grant towards building charter school facilities. The Walton Family Foundation created the Building Equity Initiative to provide charter schools with access to capital to create and expand their facilities.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 charter school operators, researchers, and education reformers.

Walton family fortune

Alice Walton has a net worth of $65.1 billion, making her the 12th-richest person and the 2nd-richest woman in the world.

The Walton family fortune is broken down as such:

• Jim Walton,$67.3 billion
• S. Robson Walton,$66 billion
• Alice Walton,$65.1 billion
• Lukas Walton,$23.8 billion
• Christy Walton,$11.6 billion
• Ann Walton Kroenke,$9.4 billion
• Nancy Walton Laurie,$9.4 billion

Family tree

Walton family tree
Samuel Robson (Rob) Walton (b. 1944) three children Carolyn Funk (divorced) John Thomas Walton (8 October 1946–27 June 2005) Lukas Walton Samuel Moore (Sam) Walton (29 March 1918–6 April 1992) Christy Walton Helen Robson Kemper (3 December 1919–19 April 2007) Alice Louise Walton (b. 7 October 1949) unknown (divorced) James Carr (Jim) Walton (b. 1948) four children Lynne McNabb Ann Walton Kroenke (b. 1949) Josh Kroenke James Lawrence ( "Bud" ) Walton (20 December 1921–21 March 1995) Whitney Ann Kroenke Audrey Walton E. Stanley Kroenke Nancy Walton Laurie (b. 1952) Elizabeth Paige Laurie Bill Laurie
Notes:

Their immediate family includes Jim, Christy, and Lukas Walton.