Who Owns the Most Walmart Stock Besides Jim Walton? | The Motley Fool (2024)
The discount retailer's stock has done well in recent years. Who has profited the most?
Jim Walton is the largest shareholder of Walmart(WMT 1.18%). According to the company's latest proxy statement, the third child of company co-founder Sam Walton currently owns 31,521,372 shares worth around $2.1 billion.
But this figure doesn't represent his total ownership over the company. A little digging is required to uncover the size of his true Walmart stake, as well as the identities of Walmart's other major shareholders.
These three people are Walmart's biggest shareholders by a country mile
The shares listed above for Jim Walton are simply the ones he has sole voting power over. Most of his stake is actually tied up in Walton Enterprises LLC and the Walton Family Holdings Trust, which collectively own roughly 3.7 billion shares worth around $240 billion. He shares control of these shares with his siblings Alice and Rob Walton.
In total, Jim Walton has sole or shared voting power over 3,686,239,026 Walmart shares. That equates to 45.74% of the entire share count. His sister, Alice, has voting influence over 3,674,963,394 shares. His brother Rob has voting influence over 3,661,747,013. However, it should be noted that these combined figures include the shared voting power of 3,002,673,393 shares held by Walton Enterprises LLC, and 652,044,261 shares held by the Walton Family Holdings Trust.
Who owns the most Walmart stock besides the Walton family? That would be The Vanguard Group, which collectively holds around 400 million shares on behalf of its clients -- roughly 5% of the total share count.
Ryan Vanzo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Walmart. The Motley Fool has a disclosure policy.
Who owns the most Walmart stock besides the Walton family
Walton family
The Walton family is an American family whose collective fortune derived from Walmart makes them the richest family in the United States. Walton. Business. Sam Walton, founder of Walmart.
? That would be The Vanguard Group, which collectively holds around 400 million shares on behalf of its clients -- roughly 5% of the total share count.
Jim Walton, Alice Walton, and Rob Walton are the top three individual shareholders of Walmart. Walmart's largest institutional investors include the John T. Walton Estate Trust, Vanguard Group, and BlackRock.
The Walton family is the largest shareholder of Walmart, holding 50% of the company's shares. The Walton family acquired such high ownership of the company because they are the descendants of Sam Walton, who founded the company. The family received a majority of the shares via inheritance and made additional purchases.
It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings.
The three living children of Walmart co-founder Sam Walton hold about 46% of Walmart's shares. This includes all shares in which they have direct or indirect ownership with sole voting and dispositive power.
Warren Buffett was a major shareholders in Walmart until 2016, when he sold most of Berkshire Hathaway's stake in the retailer. At that time, Buffett cited Jeff Bezos and Amazon as a threat that made retail stocks a “tough” game.
The combined wealth of the Walmart heirs — which include founder Sam Walton's children, Rob, Jim, and Alice, as well as his grandson Lukas — is more than $328 billion, according to the Bloomberg Billionaires Index.
A division of Walmart Inc., we are the membership warehouse club solution for everyday living. Our President and CEO is Chris Nicholas and our headquarters is in Bentonville, AR. For the fiscal year ending January 31, 2023, Sam's Club's total revenue was $84.3 billion.
Why is Wal-mart changing its name to Walmart? It's not about the hyphen, it's about going from Wal-Mart Stores Inc to Walmart Inc. It's about dropping the stores due to Wal-Mart being so much more that just the brick and mortar buildings. Hope that clarifies.
Shaquille O'Neal claims to own the biggest purchase in Walmart history, and it's hard to doubt him. In an interview on HBO's "Real Sports," O'Neal said after the Miami Heat traded him to the Phoenix Suns in 2008, he didn't have anything for his apartment, so he turned to Walmart to get some essentials.
Lowe's Companies, Inc.and Walmart Inc.are separate companies and are not owned by the same parent company. While both are prominent retail chains in the United States, they operate independently and have different ownership structures and management teams.
Walmart is a major store chain that was founded by Sam Walton in 1962. Although not owned by Disney, it has sold a number of exclusive video, DVD, and Blu-ray releases of various Disney-related productions.
The combined wealth of the Walmart heirs — which include founder Sam Walton's children, Rob, Jim, and Alice, as well as his grandson Lukas — is nearly $332 billion, according to the Bloomberg Billionaires Index.
The estimated net worth of C Douglas Mcmillon is at least $400 Million dollars as of 2024-09-17. C Douglas Mcmillon is the President and CEO of Walmart Inc and owns about 4,961,785 shares of Walmart Inc (WMT) stock worth over $400 Million. Details can be seen in C Douglas Mcmillon's Latest Holdings Summary section.
On July 2, 1962, Sam Walton opens the first Walmart store in Rogers, Arkansas. The Walton family owns 24 stores, ringing up $12.7 million in sales. The company officially incorporates as Wal-Mart Stores, Inc.
Address: Suite 927 930 Kilback Radial, Candidaville, TN 87795
Phone: +8561498978366
Job: Legacy Manufacturing Specialist
Hobby: Singing, Mountain biking, Water sports, Water sports, Taxidermy, Polo, Pet
Introduction: My name is Ouida Strosin DO, I am a precious, combative, spotless, modern, spotless, beautiful, precious person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
