Walton family (2024)

FAQs

Did the Walton family sell 4.5 billion in stock? ›

Transaction information was from filings with the U.S. Securities and Exchange Commission on behalf of Rob, Alice and Jim Walton. The transactions were valued at $1.5 billion and represent a fraction of the Trust's share value in excess of $177.588 billion following the recent activity.

The Walton family owns about 45% of Walmart's outstanding shares through the trust and their main investment vehicle, Walton Enterprises, data compiled by Bloomberg show. Alice, Jim and Rob Walton have a combined fortune of $274 billion, according to the Bloomberg Billionaires Index.

Legendary founder Sam Walton's three surviving children — Rob, Jim, and Alice — all rank highly on the Forbes rich list with personal fortunes of between $72 billion and $79 billion. They were less than half as wealthy in 2016.

The top 10 richest families in 2023 by estimated wealth are: The Al Nahyan family with $305 billion. The Walton family with $259.7 billion.

It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings.

Jim Walton, Alice Walton, and Rob Walton are the top three individual shareholders of Walmart. Walmart's largest institutional investors include the John T. Walton Estate Trust, Vanguard Group, and BlackRock.

The Walton heirs have lost a staggering $33.7 billion in the last two days as shares of their family's retailing giant, Walmart WMT +0.6% , continue to be pummeled. The reason for the carnage? The company said on Tuesday that its profits had been slammed by higher costs on everything from products to shipping to labor.

However, when it comes to the ownership of Walmart stores in America, there is no evidence to suggest that China holds any ownership stake. Walmart, a multinational retail corporation, was founded by Sam Walton in 1962 and is still largely controlled by the Walton family.

About the 5&10

In 1950, the Walton family – Sam and Helen, sons, Rob, John, and Jim, and daughter Alice Walton – moved to Bentonville in northwest Arkansas from the eastern side of the state. According to Sam, the town was small enough to satisfy Helen's need for small-town living.

The old Walton store is a real, working store which serves kind of like a gift shop. They sell retro toys and candy and have some of the original fixtures. The original green and red floor tiles still there today in the 5&10 were installed in 1951.

Are any of the Walton family still alive? ›

The three most prominent living members (Jim, Rob, and Alice Walton) have consistently been in the top twenty of the Forbes 400 list since 2001, as were John ( d. 2005) and Helen (d. 2007) prior to their deaths. Christy Walton took her husband John's place in the ranking after his death.

1. The Walton Family: $267 Billion, Retail.

The Al Nahyan family, the Royal Family of Abu Dhabi, is regarded as the richest family in the world, with an estimated net worth of $305 billion.

For example, economic blogger Scott Sumner noted in 2018 that Rockefeller was worth $1.4 billion when he died in 1937, about $24 billion in dollars adjusted to 2018. Meanwhile, Bill Gates in 1999 was worth nearly $150 billion in dollars adjusted to 2018.

Have an account? Log in . The Walton family sold nearly 9 million shares of Walmart stock last week for over $1.5 billion. The sale brings the family's total proceeds to nearly $2.3 billion in the span of three months.

Walton Family Sells $1.5 Billion of Walmart (WMT) Stock After Rally - Bloomberg.

"Billionaire CEOs like [Jeff] Bezos, [Mark] Zuckerberg, Jamie Dimon, and the Walton family are selling off massive amounts of their own stocks, and analysts think the CEOS may be bracing for an economic downturn," he said, adding, “An overheated stock market continues to climb to new heights as investors feed that ...

For the first time in over 20 years, retail giant Walmart (NYSE: WMT) executed a stock split with shares trading on a post-split basis as of Feb. 26. The company's decision to do a 3-for-1 split was motivated in part by a desire to ensure shares remained affordable for employees, also known as associates.