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CEOWORLD magazine - Latest - Stats Gate - The Walton family Just Sold Billions Worth Of Walmart Stock – $2.1 billion

Stats Gate

The Walton family Just Sold Billions Worth Of Walmart Stock – $2.1 billion

Prof. Dr. Amarendra Bhushan DhirajProf. Dr. Amarendra Bhushan DhirajStats Gate

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.

  1. Jim Walton: $62.7 billion
  2. Samuel Robson “Rob” Walton: $61.6 billion
  3. Alice Walton: $60.2 billion
  4. Lukas Walton: $20.7 billion
  5. Christy Walton: $9.77 billion
  6. Nancy Walton Laurie: $7 billion
  7. Ann Kroenke: $6.01 billion
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CEOWORLD magazine - Latest - Stats Gate - The Walton family Just Sold Billions Worth Of Walmart Stock – $2.1 billion
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Prof. Dr. Amarendra Bhushan Dhiraj

Prof. Dr. Amarendra Bhushan Dhiraj

Prof. Dr. Amarendra Bhushan Dhiraj is a media and technology executive, macro-economist, strategic thinker, chair, and chief executive officer of the CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Under Dr. Amarendra's leadership, CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders daily. Additionally, he serves as the chair and founding member of the CEOWORLD magazine’s Inclusion Advisory Board.

In his current role, he counsels and collaborates with c-suite executives of large multinational corporations, helping them drive change in their companies to improve their competitiveness. Dr. Amarendra has extensive experience in serving on numerous boards. He leads and supports a globally dispersed team of columnists, correspondents, editors, journalists, reporters, researchers, and industry analysts.

He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He also received his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He earned his Master of Business Administration degree in Finance and his master’s degree in Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.

As CEO, he transformed the CEOWORLD magazine into a highly efficient, digital-first, profitable enterprise. Today, CEOWORLD magazine is a standard bearer for modern responsible journalism. Dr. Amarendra retains a strong desire to continuously improve his skills and abilities and believes that the first step to being a true leader is to inspire others to lead with you.

Prof. Dr. Amarendra Bhushan Dhiraj is the CHAIR, CEO, AND EDITORIAL DIRECTOR of the CEOWORLD magazine. Connect with him through LinkedIn.
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