Rob Walton Net Worth : Income Sources and His Salary?
Samuel Robson is well known as Rob Walton. He was born on 28th October 1944. Rob Walton is an American billionaire and fortune of Walmart which is the largest retail shop in the world. Rob Walton is the elder son of Helen Walton and Sam Walton.
Walton joined the company in the year of 1969. Rob Walton became the Chairman of Walmart in the year of 1992 after the death of his father Sam Walton. He has been replaced as chairman by his son-in-law, Greg Penner. He got retired as the Chairman in the year 2015.
Rob Walton has worked as a chairman for more than two decades. Now Rob Walton will buy the ownership of NFL's Denver broncos.
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What is His Career?
Rob held plenty of positions in the company, before becoming the chairman of Walmart including corporate secretary, senior vice president, General Counsel and then Vice chairman. Rob had joined one legal Conner & Winters in Tulsa, Oklahoma before joining his father’s company Walmart.
He is now involved in a non-profit as well as educational organization at Conservation International where he works as a Chairman of the executive committee and also works as a trustee in the college of Wooster.
What is the Personal Life of Rob Walton?
Rob has three children with his first wife. Rob remarried Carolyn Funk and eventually got divorced with her in the year 2000 and again got married for the third time in the year 2005 to Melani. Rob’s most notable child is Carrie Walton Penner. She is married to Greg Penner who is the chairman of Walmart today.
What is Rob Walton’s Net Worth?
The Walton family is the richest in the world with a combined net worth of $238 billion according to the reports of Bloomberg. He is one of the 15 richest people in the world. Rob Walton has an overall net worth of $68 billion as of now. Rob played dynamic roles in the development of Walmart to make it the world's largest retail shop.
Despite being one of the richest men in the world and his tremendous net worth, Rob lives his life very polite and rarely appears in interviews and news. He also does not discuss his personal life.
Rob Walton Family member
Check out the family members of Robson Walton in the video below.
What Are the Wealth Details of Rob Walton ?
13 per cent of stakes in Walmart has been owned by Rob Walton which is through the Walton family holding trust and also as Walton enterprises.
Walton also owns 25.5 % of stakes in the largest bank in Arkansas which is Arvest Bank. The net worth of this bank ownership is about $1.6 billion as an entire. Rob earned around $11 billion worth from stock sales and dividends since the year 1992.
Alice Walton and Jim Walton are siblings of Rob and they are also beneficiaries of Walton Enterprises.
What Are His Car Collections?
Robson always prefers to stay away from the limelight as he is famously known for his personal life. Rob Walton is also well known for his Vintage sports car collection. He is fond of collecting vintage costly cars.
By the reports, we have found that Walton owns a Ferrari 250 GTO which is worth around $35 million to $52 million. Rob also owns a 1965 Shelby Cobra which is worth around $820k.
The market value of Rob’s Ferrari 250 LM is around $14.6 million and the market value of his Ferrari 250 GT is about $4.1 million.
By the report we have also got to know that, he had purchased a Ferrari Testa Rossa for $12.1 million and today its market value is around $40 million.
Other valuable car collection of Rob includes the 1960 Maserati T60 and also owns Scarab MKI which is a 1958 model.
He set a new world record for the purchase of Ferrari 250 Testa Rossa which is the highest priced single car and is sold in an auction. He purchased this car for worth $12.1 million. Unfortunately, it lead to bit issues because he had purchased this car overseas.
U.S customs had charged him 2.5% of the import fee which costs around $303k and this is the same price for the 2020 Ferrari 488 Pista.
But, Rob did not worried much about import tariffs because he earns that much amount in an hour from his Walmart dividends.
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What is the Net Worth of Rob’s Real Estate?
Recently, billionaire Rob Walton sold his plot of land. Around 33000 square feet land has been sold at $30.8 million. This is the highest paid undeveloped land in Colorado ski according to reports.
Frequently Asked Questions?
What Does the Walton Family Do With Their Money?
The Walton family invest some of their earned money in a charitable organization mostly through the Walton family foundation.
Who is the Richest Member of the Walton Family?
Rob Walton is the richest member of the Walton family whose net worth is around $65 billion according to Forbes reports. It makes him the 19th richest human being on the planet.
What is the Age of Robson Walton?
The age of Robson Walton is 78 years as He is born on 28th October 1944.
Who is the Child of Rob Walton?
Carrie Walton Penner is the only daughter of Rob Walton who is most known. She is born on 12th august 1970. Carrie married to Greg Penner and they have four children. She is a board member of the Charter school growth Fund and the KIPP foundation Alliance for school choice.
From this article we have got to know that, Walton family is one of the richest family in the world. We have also found out that, they does ample amount of charity through Walton foundation.