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Early life. Walton was born to Thomas Gibson Walton and Nancy "Nannie" Lee Lawrence Walton on December 20, 1921, in Kingfisher, Oklahoma. His father worked as a farm appraiser and mortgage agent. The family moved often because of Thomas Walton's job. When he was 2 years old, his family moved from Oklahoma to Springfield, Missouri.
Christy Walton took her husband John's place in the ranking after his death. The majority of the family's wealth derives from the heritage of Bud and Sam Walton, who were the co-founders of Walmart. 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 ...
The company was founded by brothers Sam and James "Bud" Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. [11] It also owns and operates Sam's Club retail warehouses. [12] [13]
World War II. Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in Rogers, Arkansas and Midwest City, Oklahoma in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as ...
Walton was born on May 15, 1951. [ 3] She is the younger daughter of Bud Walton, the brother and business partner of Walmart founder Sam Walton. [ 4] She grew up in Versailles, Missouri, where she met future husband Bill Laurie. [ 5] At Bud's death, she and her sister Ann Walton Kroenke inherited a stake in Walmart now worth over $9 billion. [ 6]
Alice Walton (sister) Kelly Rohrbach (niece-in-law) Samuel Robson "Rob" Walton (born October 27, 1944) is an American billionaire heir to the fortune of Walmart, the world's largest retailer. He is the eldest son of Helen Walton and Sam Walton, and was chairman of Walmart from 1992 to 2015. As of November 2023, Walton had an estimated net worth ...
Relatives. James "Bud" Walton (father-in-law) Bill Laurie (born July 5, 1952) is an American former basketball player and coach, and current business executive and philanthropist. He is the former owner of the St. Louis Blues and is the co-chairman of Paige Sports Entertainment.
The history of Walmart, an American discount department store chain, began in 1950 when businessman Sam Walton purchased a store from Luther E. Harrison in Oklahoma City, Oklahoma, and opened Walton's 5 & 10. [ 1] The Walmart chain proper was founded in 1962 with a single store in Rogers, expanding inside Oklahoma by 1968 and throughout the ...