Who owns Walmart after Sam Walton died?

The Walton Family owns Walmart. The Waltons are America’s wealthiest family thanks to their ownership of Walmart, the world’s largest retailer by sales.

Sam Walton’s heirs own more than half of Walmart through their holding company Walton Enterprises as well as individual holdings. In 2019, Walmart was the leading grocery store in the United States.

Sam’s three live children, Rob, Jim, and Alice, his daughter-in-law Christy and her son Lukas, and Bud’s two daughters, Ann and Nancy, are among the heirs.

Arvest Bank, which operates 16 banks in Arkansas, Oklahoma, Missouri, and Kansas, is also owned by the family.

The Waltons controlled 50.8% of Walmart as of December 2014. The family sold some of their company’s stock in 2018 and now owns slightly under 50%. The Walton family’s net worth was estimated to be around US$240.6 billion on January 19th.

According to the Fortune Global 500 list in May 2022, Walmart is the world’s largest company by revenue, with around US$570 billion in yearly revenue. It is also the world’s largest private employer, with 2.2 million employees.