What is Rob Walton Net Worth 2024: Wiki, Age, Weight, Height, Relationships, Family, And More

What is Rob Walton Net Worth 2024 Wiki, Age, Weight, Height, Relationships, Family, And More

Samuel Robson Rob Walton, an American billionaire, has made a significant mark in the retail industry as Walmart’s heir.

In this article, we delve into Rob Walton net worth, examining his career, personal life, and the factors contributing to his wealth.

Quick Facts

Real NameSamuel Robson Rob Walton
Popular NameRob Walton
GenderMale
Birth DateOctober 27, 1944
AgeAbout 79 years (as of 2024)
ParentsSam Walton, Helen Walton
SiblingsJim Walton, Alice Walton, John Walton (deceased)
BirthplaceTulsa, Oklahoma, U.S.
NationalityAmerican
EthnicityN/A
EducationThe College of Wooster, University of Arkansas (BS), Columbia Law School (JD)
Marital StatusMarried
Sexual OrientationStraight
Wife/SpouseMelani Lowman-Walton, Carolyn Funk
Children3, including Carrie Walton Penner
DatingN/A
Net Worth$66.6 billion USD (2024)
Source of WealthWalmart
MediumBusiness
HeightN/A
WeightN/A
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What is Net Worth Of Rob Walton 2024?

What is Net Worth Of Rob Walton 2024

In 2024, Rob Walton‘s net worth is a staggering $66.6 billion, according to Celebrity Net Worth and Forbes.

This eye-popping figure places him among the wealthiest individuals globally, a testament to his enduring success in the business realm.

Rob Walton Overview and Wiki

Rob Walton Overview and Wiki

Early Life and Education

Rob Walton, born in 1944 in Tulsa, Oklahoma, is the eldest son of Walmart’s founders, Sam and Helen Walton.

His educational journey reflects a commitment to excellence: starting at The College of Wooster, moving on to the University of Arkansas for a Bachelor’s degree, and culminating with a Juris Doctor from Columbia Law School.

Transition from Law to Walmart Leadership

Rob Walton’s career didn’t start in the family business. Armed with a Juris Doctor from Columbia Law School, he initially worked for the law firm Conner & Winters, which represented Walmart.

This legal background provided him with a unique perspective when he transitioned to Walmart’s corporate environment, starting as a Senior Vice President and eventually being named to the Board of Directors in 1982.

Chairmanship of Walmart

Walton’s most significant career achievement came in 1992, two days after the death of his father, Sam Walton. He stepped into the role of Chairman of Walmart, a position he held until 2015.

During his tenure, Walmart solidified its status as the world’s largest retailer, expanding its global footprint and pioneering new retail strategies.

Under his leadership, the company not only grew exponentially in size and revenue but also embraced technological advancements and e-commerce.

Achievements and Contributions

Rob Walton Career

Global Expansion of Walmart

One of Walton’s key contributions was overseeing Walmart’s expansion into new markets, making it a ubiquitous presence in the global retail landscape.

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This expansion was not just geographical but also involved diversifying Walmart‘s offerings and services.

Sustainability Initiatives

Under his chairmanship, Walmart initiated several sustainability efforts, aiming to reduce its environmental impact.

Philanthropic Endeavors

Beyond his corporate role, Walton has been involved in various philanthropic activities, primarily through the Walton Family Foundation.

While his personal contributions to the foundation have been a subject of debate, the foundation itself has made significant impacts in areas like education reform, environmental conservation, and community development.

Acquisition of Denver Broncos

In 2022, Walton made headlines with his acquisition of the NFL team, the Denver Broncos, for $4.5 billion.

Personal Life

Rob Walton’s personal life is as multifaceted as his professional journey. He has been married three times, currently to Melani Lowman-Walton, and has three children, including Carrie Walton Penner.

Despite his immense wealth and public persona, Rob tends to keep a low profile in his personal affairs. His interests extend beyond the boardroom; he is known for his passion for collecting automobiles.

Rob Walton List News 2024

In 2024, a notable development in Rob Walton’s professional life is the transfer of the controlling owner designation of the Denver Broncos from him to his son-in-law, Greg Penner.

Social Media

Follow him on social media:

Instagram: N/A

Twitter: N/A

Facebook: N/A

FAQs about Rob Walton

FAQs about Rob Walton

How old is Rob Walton?

He was born on October 28, 1944, which makes him 79 years old as of 2024​​​​.

What is Rob Walton’s educational background?

He obtained a Bachelor of Science degree in Business Administration from the University of Arkansas and a law degree from Columbia University​​​​.

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What roles did Walton hold in Walmart?

Walton joined Walmart in 1969 and held various positions including Senior Vice President, Corporate Secretary, General Counsel, and Vice Chairman, before serving as the Chairman of the Board from 1992 to 2015​​​​.

What other interests does Walton have outside of Walmart?

He has a passion for art, serves as the chairman of the board of Crystal Bridges Museum of American Art, and has a notable interest in sports, highlighted by his acquisition of the Denver Broncos NFL team​​​​.

What contributions has Rob Walton made to sustainability?

He has been a key figure in driving Walmart’s commitment to sustainability and also supported various environmental initiatives through the Walton Family Foundation​​​​.

What philanthropic efforts is Walton known for?

He is known for his philanthropic work, particularly through the Walton Family Foundation, focusing on education, environment conservation, and community improvement​​​​.

What is Rob Walton’s family background?

He is the eldest son of Sam Walton, the founder of Walmart, and Helen Walton. He has siblings named Alice, Jim C., and John Walton. He has been married three times and has three children from his first marriage​​.

Has Walton received any notable recognitions?

Yes, he has been recognized for his leadership and contributions to business, philanthropy, and sustainable development​​.

Is Walton involved in any sports interests?

Yes, he is the owner of the Denver Broncos, a position he acquired in 2022 through the Walton Penner Family Ownership Group​​.

See also:

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Conclusion

Wrapping up our exploration of Rob Walton’s net worth, we’ve journeyed through his life’s milestones, from his early beginnings to his current status as a business icon.

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