Samuel Robson Walton

Rob Walton

The oldest son of Wal-Mart founder Sam Walton has been chairman of the world's largest retailer since his father's death in 1992. With his two surviving siblings, Walton is a co-managing member of Walton Enterprises, the family's holding company that controls a 47 percent stake in Wal-Mart. Rob Walton personally owns about 339 million shares.

Samuel Robson Walton News

  • Greg Penner Emerges as Heir to Wal-Mart’s Chairmanship

    Greg Penner, the grandson-in-law of Wal-Mart Stores Inc. founder Sam Walton, became heir apparent to the chairman role today after spending almost a decade investing the family’s money as head of a venture firm in Silicon Valley.

  • Wal-Mart Makes Penner Vice Chairman in Board Succession Plan

    Wal-Mart Stores Inc., the world’s largest retail chain, named board member Greg Penner to the new role of vice chairman, putting him in position to be a successor to Chairman Rob Walton.

  • Wal-Mart Draws New Rebuke From Advisory Firms Before Meeting

    Wal-Mart Stores Inc., the world’s largest retailer, drew fresh criticism from shareholder-advisory firms over topics ranging from executive compensation to its handling of a foreign-bribery scandal.

  • The World’s 200 Richest People

    Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.

  • Wal-Mart Board Seen at Risk of Losing Independent Voices

    The Walton family now owns more than 50 percent of Wal-Mart Stores Inc.’s shares, which could give it greater control over the company’s board of directors.

  • Wal-Mart Customers Access Loans With Progress Financial

    Wal-Mart Stores Inc. has long faced opposition to its attempts to break into the lending business. So the retailer’s founding family has found another way to get credit to many of its customers -- Progress Financial Corp.

  • Wal-Mart Board Faces Angry Investors at Annual Meeting: Retail

    Wal-Mart Stores Inc.’s June 1 annual meeting will feature Aerosmith and Cheap Trick as the warmup acts. The real entertainment starts when shareholders vote whether to re-elect the company’s board.

  • Wal-Mart Board Votes Cash Lead Director to Replace Breyer

    Wal-Mart Stores Inc.’s board voted to appoint James Cash Jr. as its new lead independent director, said David Tovar, a company spokesman.

  • Portugal Billionaire Sells Lollipops, Champagne in Poland

    In 2003, Luis Amaral bought Eurocash SA, a Warsaw-based grocery business, for 120 million Polish zlotys ($30 million). The operation was losing money. Competitors were taking market share. Its owner, Jeronimo Martins SGPS SA, the Lisbon-based retail operation controlled by billionaire Alexandre Soares Dos Santos, wanted nothing to do with it.

  • 5 Richest Lawyers In America

    Dec. 10 (Bloomberg) -- Inspired by a post on the website Above the Law, we asked our Bloomberg Billionaires Index colleagues to research the wealthiest lawyers in America.* None of their fortunes are from practicing law: Robert Rowling is number 5. He briefly practiced tax law before joining his father's oil and gas company. Number 4 is Randa Duncan Williams, daughter of oil billionaire Dan Duncan. New York's Richard LeFrak is number 3. He went into the family real estate business after law school. Number 2 is Richard Kinder. He practiced law in Houston, then joined his friend Ken Lay at Enron. And number 1 is Rob Walton, chairman of Wal-Mart. *Net worth as of November 16, 2012 (Source: Bloomberg)


Samuel Robson Walton Photos

Sponsored Links
Curation software by Lingospot