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Grizzly Bulls’ Billionaires Index

⬅ # 192 Ivan Glasenberg|# 194 Ernesto Bertarelli ➡

# 193 Nancy Walton Laurie 

$11.3B

Real Time Net Worth
as of 7/25/2024
-$33.2M (-0.29%)

# 193 Nancy Walton Laurie 

$11.3B

Real Time Net Worth
as of 7/25/2024
-$33.2M (-0.29%)
OccupationHeiress
Source of WealthWalmart
Age73
ResidenceHenderson, Nevada
Marital StatusMarried
Children1
EducationBS, University of Memphis
Age-Adjusted Net Worth$4.67B
Nancy Walton Laurie
Nancy Walton Laurie
United States
Net worth: $11.3B

Self-Made Score 

Wealth History

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Biography

Overview

Nancy Walton Laurie was born on May 15, 1951, in Versailles, Missouri.
She is the younger daughter of Bud Walton, co-founder of Walmart, and grew up in Versailles, Missouri.
Nancy met her future husband, Bill Laurie, while growing up in Versailles.
After Bud Walton's death in 1995, Nancy Walton Laurie and her sister, Ann Walton Kroenke, inherited a significant stake in Walmart, making them billionaires.
As of recent estimates, her stake in Walmart is valued at over $9 billion.
Nancy Laurie married Bill Laurie after they both attended the University of Memphis.
The couple resides primarily in the Las Vegas Valley, owning homes in Henderson, Nevada, and Bel Air, California.
They also own properties in Columbia, Missouri, including an equine farm where they breed appaloosa horses.

Philanthropy

Nancy and Bill Laurie donated $10 million in 2013 to the University of Memphis, their alma mater.
In 2001, the Lauries donated $25 million to the University of Missouri for the construction of a sports arena, named after their daughter Paige Laurie.
They endowed the E. Paige Laurie Professorship for the Equine Center at the University of Missouri's College of Veterinary Medicine.
Nancy Walton Laurie is the founder of the Nancy Walton Laurie Leadership Institute at the Chi Omega sorority.
She has made charitable contributions to various causes, including cancer research, shelters for abused women, and children's hospitals.

Business and Assets

Apart from her Walmart inheritance, Nancy Walton Laurie and her husband, Bill, own a portfolio of commercial real estate.
They also own several homes and two yachts, including the superyacht named Kaos.

Involvement in Dance and Arts

Nancy Walton Laurie became interested in dance when her daughter was a teenager.
She sat on the board of trustees at Juilliard.
Laurie was the president and founder of the Cedar Lake Contemporary Ballet, a New York City dance company that closed in 2015.
She owns the Columbia Performing Arts Centre, a dance studio located in Columbia, Missouri.

Legal Issues and Environmental Impact

In January 2015, Nancy Walton Laurie filed a lawsuit against property developer Mohamed Hadid, alleging damage to the roots of a eucalyptus tree adjacent to her Bel Air estate.
Reports suggest that Walton Laurie's Bel Air estate consumes at least 2.3 million gallons (8.7 million liters) of water annually.
In July 2023, Nancy Walton Laurie's yacht Kaos was sprayed with paint by members of a Spanish climate movement while docked in the port of Ibiza.

How long would it take you to become as rich as Nancy Walton Laurie?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Nancy Walton Laurie's net worth of $11.3B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 52.22% compared to 16.62% for the S&P 500 benchmark.

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Nancy Walton Laurie is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Nancy Walton Laurie, Walmart is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey