Life of the Waltons, Heirs to Walmart, Sam’s Club

As he grew his retail empire, Walton, an experienced pilot, would often fly in unannounced to check in on a particular store location.

Together, they had four children: Rob, John, Jim, and Alice.

Each of his children held 20% of Walton Enterprises, while he and Helen each held 10%, according to Fortune. Helen inherited Sam’s 10% tax-free when he died.

By the time Sam died in 1992, he had structured the company’s ownership to minimize the estate taxes anyone on the receiving end would have to pay.

Rob Walton and his immediate family have an estimated net worth of $148 billion as of November 4, according to Forbes.

In 2024, Rob stepped down from Walmart’s board after more than 40 years.

The group purchased the NFL team for $4.7 billion in the summer of 2022, a record-breaking sale at the time.

In 2023, Rob Walton’s son-in-law Greg Penner became the designated controlling owner of the Denver Broncos.

In the past, protesters have rallied outside his Arizona home to advocate for increased wages and added benefits for Walmart workers.

In 2013, he ran his Daytona Coupe, which was worth $15 million at the time, off the track, wrecking it. The car was one of only five ever made.

John, who was 58 years old, was survived by his wife, Christy, and son, Lukas. He left about 17% of his wealth to Christy and gave the rest to charity and Lukas.

Some of John’s roles included Walmart company pilot, crop duster, and owner of a few yachting companies, before becoming a Walmart board member, according to Forbes.

Christy lives in Jackson, Wyoming, according to Forbes, and maintains a low public profile. Last year, Christy funded a newspaper ad calling for people to participate in the “No Kings” protests, and has also donated hundreds of thousands to the anti-Trump conservative group, the Lincoln Project, The Wall Street Journal reported.

Jim is 78 years old and worth an estimated $144.4 billion as of November 4, according to Forbes.

Jim holds a 44% stake in Arvest Bank, one of Arkansas’ largest banks, according to Bloomberg.

Jim Walton’s son, Steuart, took over his father’s seat on the board in 2016. His daughter, Annie Proietti, is board chair of the Walton Family Foundation.

The holding company deals with the investments and finances of the Walton family.

Alice Walton is 77 years old and worth about $134 billion, according to a November 4 estimate by Forbes. She has been divorced twice and has no children.

While she did briefly enter the family business, Alice is a patron of the arts — a passion she had developed at a young age. She bought her first artwork when she was about 10 years old — a Picasso print.

After the 1998 bond market crash, the company folded, according to Bloomberg.

Located in Bentonville, Arkansas, the museum underwent a massive expansion this year, expanding its footprint by 50%.

The foundation established the Alice L. Walton School of Medicine in 2021, which welcomed its first class of students in 2025. Tuition will be waived for the first five cohorts.

The charity awarded about $549 million in grants in 2024 and focuses on education, environmental protection, and investment in Northwest Arkansas and the Arkansas-Mississippi Delta, according to its website.

The Waltons saw the foundation as a way to teach their children to give back and work together, according to the website.

There are now eight grandchildren of Sam Walton overseeing the family’s Walmart holdings, according to Walmart’s April 2026 proxy statement.

Much like their patriarch, Sam, the siblings aren’t flashy about their wealth.