Walton family (2024)

FAQs

Who owns the other 50% of Walmart? ›

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.

Although three of the older family members — Grandma Walton (Ellen Corby), Grandpa Walton (Will Geer) and dad John (Ralph Waite) — have passed away in real life, the seven Walton children are alive and well, and even grandparents themselves!

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. Monday's three-to-one stock split means the Waltons now hold about 3.75 billion shares.

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.

Sam's Club Company Facts

A division of Walmart Inc., we are the membership warehouse club solution for everyday living. Our President and CEO is Chris Nicholas and our headquarters is in Bentonville, AR. For the fiscal year ending January 31, 2023, Sam's Club's total revenue was $84.3 billion.

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 -0.1% , 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.

He won an Emmy Award for the role in 1973 and has worked steadily since, including several “Waltons” TV movies. Most recently, he played supporting characters in the TV hits “The Americans” and “Ozark” and narrated “A Waltons Thanksgiving” in 2022.

Today, most of the sisters are gathered at their parents' home in Wallasey: Hannah is the only one who still lives there, but four of her sisters live within a few minutes' drive.

He and Helen were active in 1st Presbyterian Church in Bentonville; Sam served as an Elder and a Sunday School teacher, teaching high school age students. The family made substantial contributions to the congregation.

Walmart is owned by its shareholders. The Walton family is the largest shareholder of Walmart, holding 50% of the company's shares.

Who holds the most Walmart stock? ›

Jim Walton is the largest shareholder of Walmart (NYSE: WMT). According to the company's latest proxy statement, the third child of company co-founder Sam Walton currently owns 31,521,372 shares worth around $2.1 billion.

Jim Walton is the largest shareholder of Walmart (NYSE: WMT). According to the company's latest proxy statement, the third child of company co-founder Sam Walton currently owns 31,521,372 shares worth around $2.1 billion.

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.

Dollar Tree, Inc. is not owned by Walmart. It is an independent company. It owns Dollar Tree, Dollar Bills and also a subsidiary known as Family Dollar. The parent company was once known as Only $1.00.

World's third richest person Warren Buffet's Berkshire Hathaway has sold its last Walmart shares, ending a relationship of over 20 years. The world's largest retailer was once among Berkshire's five biggest equity holdings as recently as 2014, valued at over $5 billion.