Rob Walton is an American billionaire who is the eldest son of Walmart’s founder, Sam Walton. He was born on October 28, 1944, in Tulsa, Oklahoma, and started working for Walmart in 1969 as a businessman. Rob Walton has led Walmart’s board of directors since his father’s death in 1992 and played a crucial role in the growth and expansion of the company globally.
Early Life and Education:
Rob Walton grew up in a family of entrepreneurs and attended the College of Wooster in Ohio, where he earned a degree in Business Administration. After college, he served in the U.S. Army for several years before joining Walmart in 1969.
Career and Achievements:
Rob Walton’s career began at Walmart as a senior vice president in charge of finance and legal. He became CEO of Walmart in 1992 after his father’s death and remained in the role until 2000, when he was succeeded by Lee Scott. During Walton’s tenure as CEO, Walmart experienced tremendous growth, with revenue climbing from $16 billion in 1992 to $218 billion in 2000.
In addition to his work at Walmart, Rob Walton is involved in several philanthropic and business ventures. He serves on various boards and committees, including the Conservation International Foundation, and is a member of the Council on Foreign Relations.
Rob Walton is married to Melani Lowman-Walton, and the couple has four children. They reside in Bentonville, Arkansas, and are known for their philanthropy work in education and environmental conservation.
|Born:||October 28, 1944|
|Net Worth:||$51.5 billion|