To maintain an appropriate of family and non-family ownership in the retailing giant Walmart, the Walton family have sold 16.7 million shares of Walmart Inc. (NYSE:WMT) this year. The Walton family is the wealthiest family in the world.
The family owns about half of the world’s largest retailer’s outstanding shares through the Walton Family Holdings Trust and Walton Enterprises LLC, an investment vehicle controlled by several members of the Walmart family. Walton Enterprises, LLC is located in Bentonville, AR, United States.
The Walton Family Holdings Trust sold $430 million worth over the past week, taking their total sales to almost $2.1 billion since Jan. 1, according to Securities and Exchange Commission filings. The Walton Family Holdings Trust has been their main vehicle for share sales in past years. Walton Family Holdings Trust sold at least 98% of the 194 million shares it received in April 2015 — and moved 415 million more last year.
Walton family fortune – wealthiest family in the world
Jim, Alice, and Rob Walton were all listed among the world’s 25 richest people, with Jim Walton ($62.7B) ranking 18, Samuel Robson “Rob” Walton ($61.6B) ranking 19, Alice Walton ($60.2B) at 21, Lukas Walton ($20.7B) at 95, Christy Walton ($9.77B) at 259, Nancy Walton Laurie ($7B) at 405, Ann Kroenke ($6.01B) at 492.
The Walton family, which owns the Walmart retail chain, boasts a personal wealth of nearly $228 billion, making it both the world’s richest family as well as the richest operating in the retail and consumer goods space.
- Jim Walton: $62.7 billion
- Samuel Robson “Rob” Walton: $61.6 billion
- Alice Walton: $60.2 billion
- Lukas Walton: $20.7 billion
- Christy Walton: $9.77 billion
- Nancy Walton Laurie: $7 billion
- Ann Kroenke: $6.01 billion