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Walton family
PROFILE
Walton family
$267B
2024 America's Richest Families Net Worth
as of 2/8/24
About Walton family
The Waltons are the richest family in America thanks to their stake in Walmart, the world's largest retailer by sales.
An estimated 45% of Walmart's stock is held by the families of seven heirs of founders Sam Walton (d. 1992) and his brother Bud (d. 1995).
Heirs include Sam's three living children--Rob, Jim and Alice--his daughter-in-law Christy and her son Lukas, plus Bud's two daughters, Ann and Nancy.
Rob Walton served as chairman for more than two decades and remains on the board, alongside current chairman Greg Penner, his son-in-law, and Rob's nephew Steuart.
A group led by Rob, Penner and Rob's daughter Carrie Walton Penner bought the NFL's Denver Broncos for a record $4.7 billion in 2022.
The family's fortune is enhanced by the seven sports teams (including the Los Angeles Rams and British soccer powerhouse Arsenal) owned by Stan Kroenke, husband of Ann Walton Kroenke.
In 2011 Alice Walton opened the Crystal Bridges Museum in the Waltons' hometown of Bentonville, Ark., featuring works by the likes of Rockwell, Pollock and Warhol.
Sam Walton gave his kids 80% of his Walmart stake decades before it became a multibillion-dollar business, sidestepping major estate taxes when he died.
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