Rob Walton Net Worth: Is He Divorced And Have Three Children?

Rob Walton Net Worth: Is He Divorced And Have Three Children? In addition to being Sam Walton’s son, S. Robson Walton, or Rob Walton, is an American businessman. The net worth of Rob Walton is $68 billion. Besides being a descendant of Walmart founder Sam Walton, Rob served as the company’s chairman from 1992 until 2015. The fact that he has worked for Walmart sets him distinct from his brothers and other lineal heirs. Rob has risen to prominence as one of the world’s top 15 wealthiest individuals in recent years.

Rob Walton maintains a low profile and rarely participates in media appearances, despite the staggering amount of money he is worth. Because of this, there is not a lot of information available concerning his personal life. In this way, a good number of the other Walton heirs are identical to one other.

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S. Robson Walton

Net Worth: $68 Billion
Date of Birth: Oct 28, 1944 (77 years old)
Gender: Male
Profession: Businessperson
Nationality: United States of America

Rob Walton’s Early Life

Samuel Robson “Rob” Walton was born in Tulsa, Oklahoma, on October 28, 1944. His nickname is “Rob.” He is the eldest son of Sam Walton, the man who founded Walmart, and his mother’s maiden name was Walton. Rob Walton was brought up with a large number of other heirs and heiresses to the Walton fortune, including his siblings Jim, Alice, and John – the latter of whom passed away in 2005. Rob Walton was named after his grandfather, Robert Walton.

After developing a string of thriving grocery stores all over the United States, the man who would later become Rob’s father established Walmart. The 1980s were a pivotal decade for Walmart’s rise to prominence, and at one time in his life, Sam Walton was regarded as the richest person on the face of the earth. Since then, Walmart has opened stores all over the world.

Rob Walton continued his education at the University of Arkansas after receiving his diploma from high school. Walton began his studies in 1966 and graduated with a bachelor of science degree in business administration the following year. In addition to that, he joined the Lambda Chi Alpha fraternity as a member. Rob entered Columbia Law School immediately following his graduation from the University of Arkansas, where he earned his Juris Doctor degree in 1969.

Rob Walton’s Career

Rob Walton was offered a position at Conner & Winters, the law firm that acted as Walmart’s legal counsel, immediately following his graduation from law school. Rob Walton accepted the position. Rob left Conner & Winters after working there for a number of years in order to take a position as the senior vice president of Walmart. He was given a position on the board of directors in the year 1982. Rob succeeded his late father as chairman of the company in 1992, just two days after his father passed away. Walton held on to this post until 2015 when he finally decided to resign.

Rob Walton’s Relationships

Rob divorced his first wife after having three children with her and remarried Carolyn Funk. Walton divorced Funk in 2000 and married Melani in 2005, his third wife. Carrie Walton Penner is maybe his most famous child.

Rob Walton's Relationships
Rob Walton’s Relationships

Foundation of the Walton Family

Reports of Rob Walton’s lack of contributions to the Walton Family Foundation surfaced in 2014. It was based on decades of research into the tax returns of the foundation. This is crucial since Walmart frequently uses its charitable endeavors to deflect criticism. Despite being one of the main benefactors of Walmart’s success, this study appeared to show that Rob is not actually donating to this foundation. Other stories, on the other hand, claim that he and his siblings have pledged $2 billion to the foundation.

Rob Walton’s Wealth Details

The Walton Family Holdings Trust and Walton Enterprises, owned by Rob Walton, hold a 13 percent stake in Wal-Mart. Arkansas’s largest bank, Arvest, is also owned by him at 25.5 percent. The total value of this ownership holding is around $1.6 billion. Since 1992, Walton’s stock sales and dividends have brought in nearly $11 billion. Walton Enterprises also benefits his siblings, Alice, and Jim Walton.

Rob Walton’s Car Collection

Rob Walton is very private when it comes to his private life, and he prefers to keep it that way. Rob, on the other hand, is well-known for his extensive collection of classic automobiles. Walton reportedly owns a Ferrari 250 GTO valued at $35 million to $52 million, according to reports. Shelby Cobra from 1965 is normally valued at roughly $820,000.

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