An American billionaire heir to the fortune of the world’s largest retailer, Walmart, Samuel Robson Walton, has a net worth of a staggering $68 billion as of 2023.
Walton had a net worth of $61.5 billion as of October 2021, which made him the 20th richest person on the planet at the time.
As of March of 2022, Rob had a $62 billion net worth making him the 18th richest person on the earth.
Walton graduated from the University of Arkansas in 1966. In 1969, he attended Columbia Law School and obtained a Juris Degree.
After graduating, he joined the law office that represented Walmart.
Walton moved to Tulsa in 1978 to join Walmart as a senior vice president, soon becoming vice chairman in 1982.
In 1992, two days after his father’s death, he was named chairman of the board of directors.
With an impressive net worth of $26.1 billion, he was ranked 17 on the Forbes 2013 list of world billionaires.
In addition, he was listed nine on the Forbes 400 list of America’s wealthiest people in 2013.
Samuel Robson Walton | Quick Facts
So, let’s get to know Samuel Robson Walton a little better, starting with some basic facts about him.
|Name||Samuel Robson “Rob” Walton|
|Birthplace||Tulsa, Oklahoma, U.S.|
|Birthdate||October 28, 1944|
|Age||79 Years Old|
|Father’s Name||Sam Walton|
|Mother’s Name||Helen Walton|
|School||Columbia Law School, The College of Wooster|
|University||University of Arkansas, Columbia University|
|Nickname||Samuel Robson Walton|
|Height||In Centimeters – 178cm
In Feet and Inches – 5′ 10″
|Weight||In Kilograms – 77 Kg
In Pounds – 170 lbs.
|Net worth||$61.5 billion|
|Social Media||Not Active|
|Last Update||November 2023|
Samuel Robson Walton | Net Worth and Income
An American billionaire, Samuel Robson Walton’s net worth is a staggering $68 billion.
The majority of Samuel Robson Walton’s fortune comes from his father’s company, Walmart.
Walmart, Inc. is a retail and wholesale company. The company provides a wide array of goods and services at low prices.
It is separated into four business segments: Walmart, Walmart International, and Sam’s Club are three of the largest stores in the U.S.
Walmart is a consumer goods seller that sells things under the Walmart, Wal-Mart, and Walmart Neighborhood Market brands and walmart.com and other eCommerce brands.
Outside of the U.S, Walmart International manages supercenters, supermarkets, hypermarkets, warehouse clubs, and cash & carry.
Since 1992, Walton Sam has collected more than $13 billion from stock sales and dividends.
Moreover, Sam also owns a 25.5% stake of about $1.6 billion in Arkansas Arvest Bank.
Samuel Robson Walton’s Net Worth in Different Currencies
Let’s look into Samuel Robson Walton’s Net Worth in different currencies, including the cryptocurrency BitCoin.
|Euro||€ 62.48 Billion|
|Pound Sterling||£ 52.19 Billion|
|Australian Dollar||A$ 91.52 Billion|
|Canadian Dollar||C$ 85.97 Billion|
|Indian Rupee||₹ 5,166,062,000,000|
Samuel Robson Walton | Houses and Cars
As of November 2023, Samuel Robson Walton’s net worth is a massive $68 billion.
Robson lives in Paradise Valley, Arizona, near the foothills of Camelback Mountain.
Rob lives with his wife, Melanie. He also owns two additional properties close to this one. The overall residential area of the facility is around 26,000 square feet.
He also has a sizable collection of classic vehicles. Unfortunately, he crashed his Daytona Coupe, which cost $15 million at the time.
Robson owns a Ferrari 250 GTO, which sells for $35 to $52 million, a 1965 Shelby Cobra valued at $820,000, a 1964 Ferrari 250 LM valued at $14.6 million, and a 1960 Maserati T60.
A 1958 Scarab MKI, a 1961 Ferrari 250 GT SWB worth $4.1 million, and a 1957 Ferrari 250 Testa Rossa worth $39.8 million are some of the rare cars in Rob’s collection.
Samuel Robson Walton | Lifestyle and Vacations
Samuel Robson Walton’s net worth as of November 2023 is a whopping $68 billion.
Since 1992, Robson served as the chairman of Wal-Mart up until 2015.
Sam Walton, his father, and a former clerk, founded the Bentonville store in 1962 with his brother James.
Walmart generates $573 billion in annual revenue and employs over 2.3 million people.
Before being chairman, Rob held various positions at Walmart, including senior vice president, corporate secretary, general counsel, and vice-chairman.
In Conservation International, he serves as chairman of the executive committee and the College of Wooster, an Emeritus Life Trustee.
Rob had three children with his first wife, and after divorce, he married Carolyn Funk. Nonetheless, this marriage ended in divorce in 2000.
Rob eventually married his third wife, Melani, in 2005.
Although Walton is the richest family in the world, Rob Walton lives a quiet life and rarely appears on media.
So there is not much information about his personal life.
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Samuel Robson Walton | Charity
Low salaries, overtime pay abuses, poor employee perks, gender discrimination, bad impact on small businesses, massive deals with China, tax avoidance, and other issues have troubled the giant retailer for more than two decades.
These types of allegations deeply affect corporations, to null these accusations, owners of Walmart, including Robson, donate large sums through their foundation named The Walton Family Foundation.
It is a foundation to unite and strengthen their family, children, and grandchildren from different generations to discover long-term solutions to big problems.
In the last three decades, the foundation’s charity has been guided by the attitude of giving and has made a remarkable difference in making this world a better place.
Robson Walton as a board member of the Walton Family Foundation and along with his brother and sister, has pledged $2 billion to the foundation.
Samuel Robson Walton | Other Pursuits
Robson inherited a large sum of Walmart shares after his father died. Then he served as chairman of Walmart.
The combined net worth of the Walton family is estimated to be $250 billion, making him part of the wealthiest family in the world.
Seven of Walton heirs own more than 50% shares of Walmart.
He also has a 25.5 percent ownership in Arvest Bank, Arkansas’ largest bank. Arvest has a book value of around $3 billion.
Madrone Capital Partners is Walton’s venture capital firm. The company owns a $1 billion stake in the Hyatt Hotels chain.
As of November 2023, Samuel Robson Walton’s net worth is a staggering $68 billion.
Samuel Robson Walton | Career
Sam Walton’s oldest son, Rob, is the owner of Walmart, which built its first shop in Rogers, Arkansas, in 1962.
Sam had transformed Walmart into the world’s largest retailer, with nearly 2,000 stores and $44 billion in yearly sales, by the time he died 30 years later.
Rob earned a bachelor’s degree from the University of Arkansas and a law degree from Columbia University.
In 1978, he was promoted to senior vice president of Walmart, and in 1982, he was named vice-chairman.
Rob is the only one of Walton’s children involved in company management.
Before being named vice chairman, he served as the Company’s top legal official as general counsel.
Sam handed over the position to his son-in-law Greg Penner, who now serves on the Walmart Board of Directors.
Unknown Facts About Samuel Robson Walton
- Rob replaced his father as chairman of Walmart two days after his fathers’ death.
- He lost his brother John Walton in an aircraft crash in 2005.
How did Rob Walton get rich?
Samuel Robson Walton’s net worth is $68 billion. He is the heir of Walmart and is also the company’s most significant shareholder, owning more than half of the Company’s equity along with his siblings.
Who are Sam Walton’s heirs?
Around half of the Walmart the share is held by seven heirs. Sam’s three children, Rob, Jim, Alice, his daughter-in-law Christy and her son Lukas, and Bud’s two daughters, Ann and Nancy.
How wealthy is the Walmart owner?
Bloomberg estimates that Walton’s fortune is at $250 billion. The three prominent living members are Jim, Rob, and Alice Walton, consistently making the top twenty of the Forbes 400 list.
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