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 $445.45 million as of August 26th, 2021. Mr. Walton owns 3,239,408 shares of Walmart stock worth more than $445,450,994 as of December 4th. This net worth estimate does not reflect any other investments that Mr. Walton may own. Learn More.
How do I contact S Robson Walton?
The corporate mailing address for Mr. Walton and other Walmart executives is 702 SOUTHWEST 8TH ST, BENTONVILLE AR, 72716. Walmart can also be reached via phone at (479) 273-4000 and via email at [email protected]
Has S Robson Walton been buying or selling shares of Walmart?
In the last ninety days, S Robson Walton has sold $183,955,396.00 of Walmart stock. Most recently, S Robson Walton sold 492,161 shares of the business's stock in a transaction on Friday, December 3rd. The shares were sold at an average price of $137.24, for a transaction totalling $67,544,175.64.
Who are Walmart's active insiders?
Are insiders buying or selling shares of Walmart?
During the last year, Walmart insiders bought shares 1 times. They purchased a total of 7,725 shares worth more than $1,001,391.75. During the last year, insiders at the retailer sold shares 82 times. They sold a total of 50,474,162 shares worth more than $7,123,727,345.38. The most recent insider tranaction occured on December, 3rd when Director S Robson Walton sold 492,161 shares worth more than $67,544,175.64. Insiders at Walmart own 48.4 % of the company.
Information on this page was last updated on 12/3/2021.