Rob Walton is an American businessman and the eldest son of Walmart founder Sam Walton. Rob was a key figure in the operation of the Walmart business, serving as Chairman from 1992 to 2015.
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After earning his law degree, Rob Walton was hired by Conner & Winters, the law firm that represented Walmart. Rob departed Conner & Winters after several years of legal practice to become Walmart’s senior vice president.
He was named to the board of directors in 1982. Rob succeeded his father as chairman two days after his father died in 1992. Walton held this role until his retirement in 2015.
How much is Rob Walton worth?
Rob Walton has a net worth of $68 billion. In recent years, Rob has been one of the 15 richest people in the world.
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Rob Walton controls 13% of Wal-Mart through the Walton Family Holdings Trust and Walton Enterprises. He also owns 25.5 % of Arkansas’ largest bank, Arvest Bank.
This ownership position is worth approximately $1.6 billion in total. Since 1992, Walton has made around $11 billion in stock sales and dividends.
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