S. Robson Walton

Samuel Robson "Rob" Walton (born October 28, 1944) is an heir to the fortune of Walmart, the world's largest retailer. He is the eldest son of Helen Walton and Sam Walton. He served as Chairman of Walmart from 1992 to 2015. As of March 2020, Walton had a net worth of $54.1 billion, making him the 10th richest person in the world.[3]

S. Robson Walton
Walton in 2017
Born (1944-10-28) October 28, 1944
Tulsa, Oklahoma, U.S.
EducationUniversity of Arkansas
Columbia Law School
OccupationChairman of Walmart
(1992–2015)
Known forWalton family fortune
Net worthUS$54.5 billion (May 2020)[1]
Board member ofWalmart
Spouse(s)Melani Lowman-Walton
Children3[2]
Parent(s)
Relatives

Early life and family
Walton in 2011

Rob Walton was born on October 28, 1944, in Tulsa, Oklahoma,[4][5][6] the oldest of four children of Sam Walton (1918–1992), cofounder of Wal-Mart, and Helen Walton (1919–2007). He has a younger brother, Jim Walton, and a younger sister, Alice Walton. Another brother, John Walton, died in 2005.[7][8][9]

Walton attended The College of Wooster and graduated from the University of Arkansas in 1966 with a bachelor of science degree in business administration, where he was also a member of the Lambda Chi Alpha fraternity. He received his Juris Doctor degree from Columbia Law School in 1969. Walton is also a trustee at The College of Wooster.[2][9]

After graduation, Walton became a member of the law firm that represented Wal-Mart, Conner & Winters in Tulsa, Oklahoma.[2] In 1978, he left Tulsa to join Wal-Mart as a senior vice president,[2] and in 1982, he was appointed vice chairman.[10] He was named chairman of the board of directors on April 7, 1992, two days after his father's death.[11]

Along with his siblings, he has pledged about $2 billion to the Walton Family Foundation from 2008 to 2013.[8]

Personal life

By the time he left Tulsa in 1978, Walton had three children, was divorced from his first wife, and was remarried to Carolyn Funk. He and Carolyn filed for divorce in 2000. He married his third wife Melani Lowman-Walton in 2005.[10][12][13] His children include Carrie Walton Penner.

Walton is a well-known collector of automobiles.[14]

References
  1. "The World's Billionaires". Forbes. Retrieved February 18, 2016.
  2. Serwer, Andy (November 15, 2004). "The Waltons: Inside America's Richest Family". Fortune. Retrieved February 20, 2011.
  3. "List of richest people in the world". Wikipedia. Retrieved April 19, 2020.
  4. "S. Robson Walton Profile - Forbes". Forbes. March 9, 2013. Retrieved November 30, 2013.
  5. Rob Walton was born in 1944; Forbes listed his age as 66 in March 2011 and 67 in September 2011.
  6. Ortega, Bob (1999). In Sam we trust: the untold story of Sam Walton and how Wal-Mart is devouring the world. Kogan Page Publishers. p. 24. ISBN 978-0-7494-3177-8.
  7. "S Robson Walton". Forbes. September 2013. Retrieved December 25, 2013.
  8. "2013's Top 20 Billionaires". Forbes. 2013. Retrieved December 25, 2013.
  9. "The World's Billionaires #26 S Robson Walton". Forbes. May 3, 2008. Retrieved December 25, 2013.
  10. Ortega, Bob (October 20, 1998). In Sam We Trust. Times Business/Random House. pp. 413. ISBN 0-8129-6377-6.
  11. Thomas C. Hayes (April 7, 1992). "Wal-Mart's Leadership Remains in the Family". The New York Times.
  12. DV00-01797 - S. ROBSON WALTON VS. CAROLYN F. WALTON (DIVORCE - NO CHILDREN). SECOND JUDICIAL DISTRICT COURT STATE OF NEVADA, Washoe County. August 15, 2000.
  13. "Billionaire Divorce. (Wal-Mart Stores Inc. Carolyn Walton, Robson Walton)". Entrepreneur. October 16, 2000.
  14. Rob Walton: Zero for the Family Foundation but Millions for Vintage Sports Cars from changewalmart.org on June 3, 2014, last accessed on September 27, 2018.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.