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The Waltons are the richest family in America thanks to their stake in Walmart, the world’s largest retailer by sales. About half of Walmart’s stock is held by seven heirs of founders Sam Walton (d. 1992) and his brother James “Bud” (d. 1995). Heirs include Sam’s three living children–Rob, Jim and Alice–his daughter-in-law Christy and her son Lukas, plus Bud’s two daughters, Ann and Nancy. Rob Walton served as chairman for more than two decades and remains on the board, alongside current chairman Greg Penner, his son-in-law.
Since 2006, Walmart stock has soared by more than 200%, helping more than triple the fortunes of Sam Walton’s heirs, who are now worth a collective $229.8 billion.
The family also owns Arvest Bank, which operates 16 banks in Arkansas, Oklahoma, Missouri and Kansas.
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