⬅ # 16 Michael Dell|# 18 Jim Walton ➡

# 17 Rob Walton 

$79.6B

Real Time Net Worth
as of 5/13/2024
-$66.6M (-0.08%)

# 17 Rob Walton 

$79.6B

Real Time Net Worth
as of 5/13/2024
-$66.6M (-0.08%)
OccupationDirector, Walmart
Source of WealthWalmart
Age79
ResidenceBentonville, Arkansas
Marital StatusMarried
Children3
EducationJD, Columbia University; BS, University of Arkansas
Age-Adjusted Net Worth$22.0B
Rob Walton
Rob Walton
United States
Net worth: $79.6B

Self-Made Score 

Wealth History

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Biography

Samuel Robson Walton, known as Rob Walton, was born on October 28, 1944, in Tulsa, Oklahoma, USA.
He is the eldest son of Walmart founder Sam Walton and played a key role in the growth and expansion of the retail giant.
Rob Walton served as the Chairman of Walmart from 1992 to 2015, overseeing the company during a period of significant global expansion.
Under Walton's leadership, Walmart became the world's largest retailer, with a vast network of stores and a substantial impact on the retail industry.
Walmart expanded its international presence during Walton's tenure, entering new markets and diversifying its product offerings.
Walton has been involved in various philanthropic activities, contributing to causes related to education, environmental sustainability, and healthcare.
In 2015, Walton stepped down as Walmart's Chairman, and his son-in-law, Greg Penner, succeeded him.
The Walton family remains a significant force in Walmart, collectively holding a substantial stake in the company.
Beyond Walmart, Walton has invested in the Walton Family Foundation, supporting initiatives in education, conservation, and community development.

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

If you started with $10,000 and invested an additional $500 each month at a 44.01% CAGR, it would take you 5 years to reach Rob Walton's net worth of $79.6B.

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 40.45% compared to 10.08% for the S&P 500 benchmark.

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Rob Walton 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 Rob Walton, 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