Rob Walton Net Worth 2022: For $30.8 Million Dollars, Walmart’s Heir Rob Walton Sells Land In Aspen

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Rob Walton, the whose given name is S. Robson Walton but is more often known as Rob Walton, is an American businessman. He is the eldest son of Sam Walton, the man who founded Walmart. As of the year 2022, Rob Walton’s net worth is estimated to be $68 billion.

Rob Walton, who is also an heir to the Walton fortune, was Chairman of Walmart from 1992 to 2015 and was a key figure in the company’s day-to-day operations for much of that time.

This sets him different from his brothers and fellow heirs, as very few of them have ever been employed within the business of Walmart. This gives him an advantage over his siblings and fellow heirs. Rob has consistently ranked among the top 15 wealthiest people on the planet in recent years.

Rob Walton maintains a low profile and rarely participates in media appearances, despite the staggering amount of money he is worth. Because of this, there is not a lot of information available concerning his personal life. In this way, a good number of the other Walton heirs are identical to one other.

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Rob Walton Net Worth 2022

Net Worth: $68 Billion
Date of Birth: Oct 28, 1944 (77 years old)
Gender: Male
Profession: Businessperson
Nationality: United States of America

Rob Walton Early Life

Robson, Samuel “Rob” Walton was born in Tulsa, Oklahoma on October 28th, 1944. He is Sam Walton’s eldest son and the company’s founder. Rob was reared with a number of other Walton heirs and heiresses, including brothers Jim, Alice, and John, the latter of whom died in 2005.

After developing a series of successful grocery businesses around the United States, Rob’s father launched Walmart. During the 1980s, Walmart grew enormously powerful, and Sam Walton was once considered the richest man on the planet. Since then, Walmart has expanded all over the world.

Rob Walton went to The University of Arkansas after graduating from college. Walton obtained a bachelor of science in business administration after entering in 1966. He was also initiated into the Lambda Chi Alpha fraternity. Rob attended Columbia Law School after graduating from the University of Arkansas and received his Juris Doctor degree in 1969.

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Rob Walton Career

Immediately after graduating, Walton joined the law company that represented Wal-Mart. Walton departed Tulsa in 1978 to join Wal-Mart as an executive vice president, later rising to vice chairman in 1982. In 1992, two days following his dad’s passing, he was named chairman of directors.

From 2008 to 2013, he and his siblings donated about $2 billion to the Walton Family Foundation.

He joined a law company in Tulsa, Oklahoma, and was a partner of Conner and Winters. Walton later quit the firm to work for his father. At Walmart, he held the positions of senior vice president, secretary, and general counsel, as well as a vice-chairman.

Rob Walton Career 
Rob Walton Career

Walton had 3 children, was separated from his first wife, and remarried Carolyn Funk by the time he departed Tulsa in 1978. In the year 2000, he and Carolyn filed for divorce. Walton married Melani Lowman-Walton, his third wife, in 2005.

With a net worth of $26.1 billion, he was placed #17 on Forbes’ 2013 list of world billionaires. He was placed #9 on the Forbes 400 list of America’s wealthiest people in 2013. Walton is a well-known vehicle collector.

Samuel Robson Walton has a net worth of $68 billion as of 2022.

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Rob Walton, a Walmart heir, sells land in Aspen for $30.8 million.

Rob Walton, the billionaire Walmart heir, has made $30.8 million through the sale of a piece of land in Aspen, Colorado.

The land, which spans a massive 33,000 square feet, is the most valuable aspect of the property, despite the fact that it is still in the early phases of being built into a house.

Walton, 77, bought the two lots for a total of $9.19 million in 2000, so this is a hefty profit.

The acreage, which is near the Roaring Fork River and the Hallam Lake wildlife sanctuary, was never formally listed for sale, according to real-estate agent Craig Morris of Aspen Snowmass Sotheby’s International Realty.

The asking price is one of the most expensive ever paid for undeveloped land in the upmarket Colorado ski resort.

The buyer would have to reapply for fresh permissions to build a house on the land, Morris explained.

Meanwhile, with a net worth of $59.1 billion, Walton is the current frontrunner to purchase the Denver Broncos of the National Football League.

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Rob Walton Personal Life

Rob got a divorce from his first wife after they had three children together, and then he remarried Carolyn Funk after some time had passed. Walton filed for divorce from Funk in the year 2000, and two years later, in 2005, Melani became his third wife. Carrie Walton Penner is certainly one of his children that has made a name for herself.

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Maria Gasper is a 'The Current' intern. She is a Journalism student at DePaul University in Chicago, Illinois. In June of last year, she was a reporting intern at Financial Planning magazine. She enjoys eating pasta, reading books by her favourite journalists, and playing with her three dogs when she is not writing finance articles. Words from Maria: “Money is a terrible master but an excellent servant.”