Waltons Top U.S. Family Rich List at $520 Billion as Walmart Stake Fuels Surge
Updated
Updated · Forbes · Jul 4
Waltons Top U.S. Family Rich List at $520 Billion as Walmart Stake Fuels Surge
2 articles · Updated · Forbes · Jul 4
Summary
Forbes valued the Walton family at $520 billion in its latest decabillionaire ranking, up about $253 billion since February 2024 and more than triple the Koch family’s $157 billion.
A nearly 39% Walmart stake held through family holding companies drove most of that wealth; Forbes said the stake was worth $359 billion on June 22 after Walmart became the first brick-and-mortar retailer to hit a $1 trillion market cap in February.
Sam Walton’s branch accounts for roughly $463 billion of the fortune, led by Rob Walton at $136 billion, Jim Walton at $133 billion and Alice Walton at $125 billion, while Bud Walton’s side totals about $57 billion.
The family would be even richer had it not sold about $37 billion of Walmart stock since 2015 and donated at least $12.2 billion to 15 family foundations, which had distributed an estimated $5 billion through 2024.
Only Elon Musk, at an estimated $997 billion after becoming the world’s first trillionaire in June, now exceeds the Waltons’ combined wealth, underscoring how concentrated U.S. fortunes have become.