Bloomberg Billionaires Index

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#16 Rob Walton $37.7B

Random fact: Has a collection of vintage automobiles, including a 1970 Lotus.


Walton is a former chairman of Wal-Mart, the world's largest retailer. He held the role for 23 years after the death of his father and company founder, Sam Walton, in 1992. He's also a co-owner of Walton Enterprises, the retailer's biggest shareholder. Wal-Mart had revenue of $486 billion in the year to Jan. 31, 2017.

As of July 20, 2017:
Last change +$83.8M (+0.2%)
YTD change +$3.35B (+9.7%)
Industry Retail
Biggest asset WMT US Equity
Citizenship United States
Age 72
Wealth Inherited
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Rob Walton's net worth of $37.7B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Walton's fortune is derived from his calculated 13 percent stake in Wal-Mart, according to a Bloomberg analysis. The shares are owned through the Walton Family Holdings Trust as well as the family's closely held holding company, Walton Enterprises, which has four beneficiaries: Rob, Alice Walton, Jim Walton and the estate of John Walton. Share information is based on the company's 2017 proxy and Form 4 filings.

He also owns a 25.5 percent stake in Arvest Bank, the largest bank in Arkansas, according to a December 2010 filing to the Federal Reserve Bank of St. Louis. Arvest has a book value of about $1.7 billion, according to a Dec. 31, 2016, filing with the Federal Deposit Insurance Corporation. The valuation is based on the average price-to-book value multiple of four publicly traded peers: First Midwest Bancorp, MB Financial, PrivateBancorp and UMB Financial.

Since 1992, Walton has collected about $7 billion in stock sales and dividends. The value of his cash investments is based on an analysis of his dividends, insider transactions, taxes, market performance and family investments.

Lance Morgan, a spokesman for the Walton family at Powell Tate PR, declined to comment on the net worth calculation.


Birthdate: 10/28/1944
Family: Married, 3 children
Education: 1969, The FU Foundation School of Engineering & Applied Science, JD University of Arkansas at Little Rock, Business Administration, Bachelor's Degree

Rob is the oldest son of Sam Walton, who opened his first Wal-Mart retail store in Rogers, Arkansas, in 1962. At the time of his death 30 years later, Sam had turned Wal-Mart into the world's largest retailer, with almost 2,000 stores and $44 billion in annual sales.

Rob played football for the College of Wooster in Ohio before earning a bachelor's degree from the University of Arkansas and a law degree from Columbia University. He became a senior vice president of Wal-Mart in 1978 and was appointed vice chairman in 1982. Two days after his father's death in 1992, he took over as chairman, a position he has held ever since. Walton is a collector of vintage automobiles and has been married three times.

  • 1944 Was born in Tulsa, Oklahoma, to Sam and Helen Walton.
  • 1966 Graduates from the University of Arkansas.
  • 1969 Starts working for Conner & Winters, Wal-Mart's outside counsel.
  • 1978 Goes to work for father, becoming a senior vice president at Wal-Mart.
  • 1982 Appointed as vice chairman of Wal-Mart.
  • 1985 Takes a one-year sabbatical to train for Ironman Triathlon in Hawaii.
  • 1992 Becomes Wal-Mart chairman.
  • 2005 Marries third wife, a former All-American basketball player.