In 1962, Sam Walton founded Walton's, a dollar and dime store focused on selling goods at low prices. Now, Walton's is Walmart, a globally recognized superstore that rakes in over $500 billion in yearly revenue. The descendants of the founder, The Walton family, have wealth that rivals billionaires like Jeff Bezos, Bill Gates, and Warren Buffett.
Walmart is a family affair. The decedents of Sam Walton have inherited the behemoth retailer and retain 50% of Walmart's stock. Considering this, it's no surprise that the Watson clan is the richest family in America, and ranks as the 6th richest in the world. When combined, their wealth is valued at a staggering $152 billion. But how does it break down between family members? Scroll to check out every member of the Walmart family's net worth.
7 Nancy Walton Laurie- $6.6 Billion
Nancy's net worth and position as 303rd richest American may seem relatively unimpressive in comparison to some members of the Walton clan. However, her $6.6 billion worth and stake in Walmart is nothing to sneer at. Like her siblings and cousins, Nancy spends her billions on the finer things.
Ann holds various elaborate houses around the country. She and her husband primarily reside in a mansion in Las Vegas Valley, however, also own multi-million dollar homes in Columbia, Missouri, and Bel Air, California. When she's not hanging out in her host of beautiful homes, Nancy also lounges on a super-luxurious yacht worth over $135 million. Walmart isn't her only source of income supporting her lux lifestyle. She and her husband Bill also own Missouri's Providence Bank.
6 Ann Walton Kroenke- $7.6 billion
Ann's father was Bud Walton, Sam Walton's brother and an early investor in Walmart. She assumed Bud's pricy shares of Walmart after his death, and her inheritance catapulted her into billionaire status. Ann, a registered nurse, is not involved in any Walmart activities. She has other lucrative sources of income to supplementing what she earns in yearly dividends.
Her husband Stan Kroenke is the chair of Kroenke Sports & Entertainment. Together, they own a slew of successful sports clubs both in the US and abroad. They are owners of the Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, and British football team Arsenal Football Club.
5 Christy Walton- $8.3 Billion
Christy Walton is the only billionaire on this list to have married into the Walmart dynasty. She is the widow of John Walton and assumed one-sixth of his fortune after his tragic death in 2005. Once thought to have inherited the lion's share of John's estate, she received less than her son Lukas. However, her stakes in Walmart, First Solar, and Arvest Bank put her net worth at a hefty 8.3 billion.
Unlike some other members of the Walton clan who lead very public lives, Christy doesn't often appear in the media. However, like her family, she is a supporter of charity. She donates and heads numerous non-profits in areas as diverse as education and animal conservation.
4 Lukas Walton- $17.6 billion
At only 33, Lukas Walton is the 4th richest member of the Walton clan. He inherited his staggering wealth when his father, John Walton, died in a plane crash in 2005. John Walton left him one-third of his massive estate, and made him a billionaire at only 19. Despite the source of his inheritance, Walton does not sit on the board of Walmart.
Lukas seems to have found his calling in philanthropy, not low price retail. A graduate of Colorado College with a degree in sustainable business, Lukas is an active philanthropist with a focus on advancing clean energy. He still stays connected to his family by chairing the environmental program committee of the Walton Family Foundation.
3 Samuel Robson "Rob" Walton- $50.1 Billion
Rob Walton, the oldest son of Sam Walton, slides into the third spot and is the 18th richest man in America. He assumed the mantle of chairman of Walmart after his father's death. He continued to run the chain for nearly 25 years before yielding this title to his son-in-law.
Unlike some of his other family members, who the media has praised for their modest spending habits, Rob Walton is a high roller. In particular, he has a taste for rare, expensive racing cars. He has a garage well-stocked with vintage racing cars bought for exuberant prices at auction. But his cars don't just gather dust; Rob likes to race them. During one race, Walton wrecked a rare Shelby Daytona Cobra Coupe valued at approximately $15 million. The repairs needed after the crash came at a 2 million dollar premium.
2 Alice Walton- $50.7 Billion
Alice Walton is the only daughter of Sam Walton and follows her older brother as the 2nd richest Walton. Unlike some of her other siblings, Alice is not involved with the operations of the Walmart corporation. She only owns over $11 billion in shares. Instead, Alice seems to have found her calling in curating and collecting American Arts and participating in philanthropy.
She runs various non-profits, many focused on the arts, and the Crystal Bridges Museum. Alice has dropped $88 million on Robert Rauschenberg and acquired a Georgia O'Keeffe Painting for a record $44 Million. Alice found herself the center of controversy after getting into a series of car accidents. In one, she fatally struck a pedestrian, but received little punishment. Many theorize that Alice was spared penalty due to her staggering wealth.
1 Jim Walton- $51.4 Billion
Jim Walton is one of the four children of founder Sam Walton, the 11th richest man in America, and beats out his kin to claim the spot of richest Walton. Jim has been part of the Walmart board since 2005. However, he keeps busy outside of his father's word renown retailer.
He is the chairman and CEO of Walton family-owned Arvest Bank, a bank with branches in Arkansas, Kansas, Missouri, and Oklahoma and assets valued at over $19 billion. Like a lot of his other family members, Jim Walton is an active philanthropist, and recently gave away $1.2 billion worth of Walmart shares to charity.