What Is the Net worth of Walmart’s Former Chairman Rob Walton?

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rob walton net worth

Samuel Robson Walton, better known as Rob Walton, is an American businessman and the eldest son of the founder of Walmart, Sam Walton.

In addition to being a Walton heir, Rob played a central role in the operation of the Walmart business and acted as Chairman from 1992 to 2015. This sets him apart from his siblings and fellow heirs, as very few of them have ever worked within the business of Walmart. In recent years, Rob has been one of the wealthiest people in the world.

In the year 1969, Walton became a part of the business. After his father Sam Walton passed away in 1992, Rob took over as Walmart’s Chairman. In 2015 His son-in-law, Greg Penner, has taken over as chairman as he stepped down from his position.

Rob Walton is an experienced chairman who has served in that role for over twenty years.

Despite his sensational net worth, Rob Walton lives a very quiet life and rarely gives interviews. Not much is known about his personal life as a result. Many of the other Walton heirs are the same in this regard.

Early Life

“Rob” Walton was born on October 28, 1944. He is the heir to the Walmart fortune, which comes from the fact that Walmart is the largest retailer in the world. He is Sam and Helen Walton’s firstborn child and also their oldest child.

rob walton net worthRob Walton enrolled in the University of Arkansas immediately after receiving his diploma from high school. After beginning his studies, Walton received his bachelor of science degree in business administration and graduated in 1966.

As well, he became a member of the Lambda Chi Alpha fraternity. After dropping out of the University of Arkansas, Rob attended Columbia Law School, where he received his Juris Doctor degree in the year 1969.

Rob Walton’s Net Worth

According to Celebritynetworth, Rob Walton’s fortune is valued at a whopping $61 billion.

From 1992 until 2015, Rob served as Walmart’s Chairman. Since very few of his siblings or other heirs have ever held a job at Walmart, this sets him apart from the rest. Rob was just listed as one of the world’s wealthiest people.

Rob Walton, the new owner of the Denver Broncos. It would be practically hard to equal his purchasing power. Walton paid $4.65 billion for the Broncos, making him the wealthiest NFL owner ever. The purchase was finalized in August.

Net Worth: $61 Billion
Date of Birth: Oct 28, 1944 (77 years old)
Gender: Male
Profession: Businessperson
Nationality: United States of America

 

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Car Collection

Walton is a well-known collector of automobiles. His car collection is valued in excess of US$300 million and includes:

  • Ferrari 250 GTO s/n 5575GT
  • Ferrari 250 GTO s/n 3607
  • Ferrari 250 SWB
  • Ferrari 250 GT SWB California Spyder
  • Ferrari 250 LM
  • Ferrari 250 Testa Rossa
  • Ferrari 275 GTB Competizione Speciale
  • Ferrari 250 GT Zagato Berlinetta
  • Ferrari 575 GT Zagato
  • McLaren F1 #052, purchased from Lawrence Stroll.
  • Shelby Daytona chassis CSX2286
  • 1963 Aston Martin DP215 Grand Touring Competition Prototype
  • Ford GT40 MK1

Real Estate

Rob spent $9.19 million for two pieces of land in Aspen, Colorado, in 2000. It was on the Roaring Fork River, but he never built it on the ground. In June of 2022, Rob sold the combined parcels for $30.8 million.

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Personal Life

Walton had three children, a divorce from his first wife, and a second marriage to Carolyn Funk by the time he departed Tulsa in 1978. In 2000, he and Carolyn finally split up. His daughter Carrie Walton Penner was born after he wed his third wife Melani Lowman-Walton in 2005.

In 2022, Rob and his siblings lost over $27 billion as the value of their Walmart stock plummeted.

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Final Words

Rob Walton is the oldest son of Sam Walton. he became the chairman of Walmart after his father’s demise. He is also the owner of the NFL team Denver Broncos. Rob Is One of The Richest People in The World with An Estimated Net Worth of $61 Billion.

Rob Is Well-Known for His Collection of Vintage Sports Cars which Include the Ferrari 250 Gt Os/n 5575 Gt, Ferrari 250 GTO s/n 3607, Ferrari 250 SWB, And Many More. Rob likes to keep his life private.

 

 

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