Ann Walton Kroenke: Walmart Heiress and Philanthropist
Ann Kroenke is a prominent heiress to the colossal Walmart fortune. Born in December 1948, she is married to Stan Kroenke, and the couple has four children. Ann and her sister, Nancy Walton Laurie, inherited stock from their father, Bud Walton, who passed away in 1995.
Walton Family’s Staggering Net Worth
Considered the wealthiest family globally, the Walton family’s net worth is an astounding $130 billion, according to Forbes. Ann Walton’s personal net worth is estimated at $8 billion.
Walmart: A Global Retail Giant
Walmart is an American multinational retail corporation operating a chain of hypermarkets, discount department stores, and grocery stores. Founded by Sam Walton in 1962, Walmart now has over 10,500 stores in 28 countries.
World’s Largest Company by Revenue
Walmart is the world’s largest company by revenue, as per the Fortune Global 500 list in 2016. In 2022, the company reported $573 billion in revenue and a net income of $13.7 billion. Additionally, Walmart is the largest private employer globally, with 2.3 million employees.
Walton Family Fortune Distribution
The Walton family fortune is primarily divided among Sam Walton’s three living children – Rob, Jim, and Alice – daughter-in-law Christy and her son, Lukas, and Bud Walton’s two daughters, Ann Walton Kroenke and Nancy Walton Laurie. This extensive wealth has solidified the Walton family’s status as the world’s richest family.
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