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Rob Walton & family
Director, Walmart
$76.6B
Rob Walton, the eldest son of Walmart founder Sam Walton, served
as chairman of Walmart for 23 years following his father's passing in 1992.
During his tenure, Walmart achieved significant success, with revenue totaling
$611.3 billion for the year ending Jan. 31, 2023. In June 2015, Walton retired
as chairman and was succeeded by his son-in-law, Greg Penner, who remains on
Walmart's board.
Rob Walton, along with other heirs of Sam Walton, collectively
owns approximately half of Walmart's stock. Additionally, in June 2022, Walton
led a group that purchased the NFL's Denver Broncos for a record $4.7 billion.
Apart from his Walmart involvement, Rob Walton holds a 25.5% stake
in Arvest Bank, the largest bank in Arkansas. Furthermore, he, along with his
daughter Carrie and son-in-law Greg Penner, acquired the Denver Broncos for
$4.65 billion in August 2022, with Walton holding a 34% stake in the team.
Over the years, Walton has amassed more than $15 billion from
stock sales and dividends, reflecting the success of Walmart and his astute
investments.
About Wallmart
Walmart has long been synonymous with affordability and
convenience, and its range of services reflects this commitment. From everyday
groceries to comprehensive eye care, Walmart offers an array of products and
services to meet the needs of its diverse customer base.
For shoppers looking to stretch their budget further, the Walmart
Credit Card offers exclusive benefits and rewards. With perks like cashback on
purchases and special financing options, it's a valuable tool for savvy
shoppers.
In the realm of groceries, Walmart Grocery stands out as a
convenient solution for busy households. Offering online ordering and
convenient pickup or delivery options, it streamlines the shopping experience,
saving customers time and effort.
Moreover, Walmart's Eye Center provides comprehensive vision care
services, including eye exams and a wide selection of affordable eyewear. With
licensed optometrists and state-of-the-art equipment, it's a trusted
destination for maintaining eye health.
Adding to its roster of services, Walmart Plus membership enhances
the shopping experience with benefits like free delivery, member pricing on
fuel, and mobile scan-and-go for in-store purchases. For those seeking
convenience, savings, and quality, Walmart remains the ultimate destination.
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