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Rob Walton
  • Net Worth : $69 Billion
    0.00%
    Real Time Net Worth as of 2024/02/27
  • Wealth Source : Walmart
  • Industry : Fashion & Retail
  • Date of Birth : 1944/10/26
  • Age : 79
  • Gender : Male
  • Citizenship : United States

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Rob Walton
  • Net Worth : $69 Billion
    0.00%
  • Wealth Source : Walmart
  • Industry : Fashion & Retail
  • Date of Birth : 1944/10/26
  • Age : 79
  • Gender : Male
  • Citizenship : United States

Rob Walton Net Worth 2024

Year Net Worth

If you know Walmart, you would be interested in Rob Walton’s net worth. Rob is the son of the late Sam Walton, who founded Walmart. After his father’s demise, Rob became chairman of Walmart, heading the company for 25 years before retiring in 2015.

Rob Walton’s net worth is estimated to be around $65.9 billion. He gained most of his money from owning half of Walmart shares with his siblings. Rob also has shares in Arvest Bank and co-owns Walton Enterprises.

Walton has received over $10 billion from stock sales since 1992. Let us look closely at Rob Walton’s net worth to learn more about the man and how to calculate his net worth. 

Who is Rob Walton?

Rob Walton was born in Oklahoma to Sam and Helen Walton as the first child of four children they had. He attended the Ohio-based College of Wooster and played football for the college team. The University of Arkansas was where Rob earned his BA in business administration. 

Rob joined Walmart in 1969 and held the positions of senior vice president and vice chairman. Shortly after his father’s passing in 1992, he was named the company’s chairman. Rob was chairman for 23 years before handing over to his son-in-law, Greg Penner, in 2015.

Rob Walton is currently 78 years old and lives in Bentonville, Arkansas. He is the father of three and married Melani Lowman after two previous divorces. He is known for collecting vintage automobiles.

rob walton net worth - comparewise

What is Rob Walton’s net worth?

You should know Rob Walton’s net worth to motivate you to consistently start your business and build wealth. You can use our net worth calculator to estimate his wealth and know how much Rob is worth.

To use the calculator, you only have to get the figures for cash, personal and investment assets, and liabilities like mortgage debt. Once you have this information, input it into the calculator to estimate your net worth. The calculator subtracts the total liability amount from the total assets.

Rob Walton is worth over $65.9 billion, according to Forbes. He acquired most of his wealth from his shares in Walmart. However, Rob’s fortune is also associated with ventures like:

  • Arvest Bank
  • Walton Enterprises
  • Denver Broncos
  • Properties like vintage cars

Conclusion

Rob Walton is considered the 13th wealthiest American. He is also the 20th richest person in the world. In 2022, however, he and his siblings lost over $29 billion in Walmart shares. Despite this, Rob is still very wealthy, as he has diversified his wealth.

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FAQs about Rob Walton's Net Worth

How big is Walmart?

Walmart is worth over $570 billion in annual revenue, which is the largest generated by a company globally.

Is Rob Walton still CEO of Walmart?

No, Rob retired as chairman and handed it over to Greg Penner in June 2015.

What is Rob Walton doing now?

Rob Walton is currently the head of the Walton-Penner Family Ownership Group. He also runs his professional football franchise, the Denver Broncos.

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January 3, 2024
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