Samuel Robson “Rob” Walton is the retired chairman of the board of Walmart, co-founder of the Rob and Melani Walton Foundation, and heir to the Walmart fortune.
Son of Helen Walton and Walmart founder, Sam Walton, Rob Walton joined Walmart in 1969 and held various positions within the company including senior vice president, general counsel, corporate secretary, and vice chairman. He joined Walmart’s board of directors in 1978 and became chairman following his father’s death in 1992. He stepped down as chairman in 2015 while continuing to serve on the board, as well as the Executive Committee and the Global Compensation Committee.
His net worth is estimated at $68.1 billion in September 2020 making him the 14th richest person in the world. Sam Walton’s heirs collectively own 49 percent of Walmart’s stock.
Prior to his tenure with the family business, Walton was a partner in Tulsa law firm Conner & Winters where he was involved with Walmart as a client. He assisted in creating Walton Enterprises and Walmart’s 1970 initial public offering.
The Walmart heir sits on the board of directors of Conservation International and holds the position of co-chairman of the Arizona State University Global Institute of Sustainability. He is a member of the Executive Council of the Center for Environmental Leadership in Business, and he also serves on the Mayo Clinic Arizona Leadership Council.
Walton is an emeritus life trustee of the College of Wooster. He is also a major donor to the University of Arkansas where he set the record for the largest-ever donation to an American public university at $300 million in 2002.
Walton is affiliated with investment firm Madrone Capital Partners which is managed by his son-in-law Greg Penner. Madrone investments include $1 billion in the Hyatt Hotels Corporation. Walton also shares a majority ownership of the Walton family’s Arvest Bank.
Walton attended the College of Wooster and holds a B.S. in business administration from the University of Arkansas and a J.D. from the Columbia University School of Law. He currently resides in Paradise Valley, Arizona.
What is S Robson Walton's net worth?
The estimated net worth of S Robson Walton is at least $35.92 billion as of March 21st, 2023. Mr. Walton owns 255,372,767 shares of Walmart stock worth more than $35,918,179,679 as of March 24th. This net worth estimate does not reflect any other investments that Mr. Walton may own. Learn More about S Robson Walton's net worth.
How do I contact S Robson Walton?
Has S Robson Walton been buying or selling shares of Walmart?
Within the last three months, S Robson Walton has sold $857,016,372.94 in Walmart stock. Most recently, S Robson Walton sold 600,749 shares of the business's stock in a transaction on Tuesday, March 21st. The shares were sold at an average price of $140.46, for a transaction totalling $84,381,204.54. Following the completion of the sale, the director now directly owns 255,372,767 shares of the company's stock, valued at $35,869,658,852.82. Learn More on S Robson Walton's trading history.
Who are Walmart's active insiders?
Walmart's insider roster includes Daniel Bartlett (EVP), M. Biggs (EVP), Rachel Brand (EVP), Rosalind Brewer (Insider), Jacqueline Canney (EVP), David Chojnowski (SVP), John Furner (EVP), Marc Lore (EVP), Judith Mckenna (EVP), Kathryn McLay (EVP), C Mcmillon (CEO), Christopher Nicholas (Exec. VP & COO), Randall Stephenson (Former Director), Alice Walton (Major Shareholder), Jim Walton (Major Shareholder), and S Walton (Director). Learn More on Walmart's active insiders.
Are insiders buying or selling shares of Walmart?
During the last year, insiders at the retailer sold shares 59 times. They sold a total of 23,530,365 shares worth more than $3,369,772,531.01. The most recent insider tranaction occured on March, 22nd when Major Shareholder Alice L Walton sold 478,764 shares worth more than $67,366,882.44. Insiders at Walmart own 47.1% of the company. Learn More about insider trades at Walmart.
Information on this page was last updated on 3/22/2023.