- Rob Walton, the eldest of Walmart founder Sam Walton’s children, is retiring after more than 40 years on the company’s board.
- With a net worth of $79.8 billion, he’s among the 20 richest people in the world.
- Here’s a look at the billionaire Walmart heir’s life and career.
Walmart billionaire Rob Walton is stepping down from the board of his family’s company.
Walmart announced on Thursday that Walton, the eldest son of founder Sam Walton, will retire after more than 40 years on the board as its longest-serving member. He joined Walmart in 1969 and will step down at the end of his current term in June, the company said.
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With a net worth of $79.8 billion, Walton is among the 20 richest people in the world. The 79-year-old used to practice law, collects vintage cars, and is the wealthiest NFL owner after his record-breaking purchase of the Denver Broncos in 2022.
Here’s what we know about Walton as he prepares for retirement:
