Business Chief USA December 2019

TOP 10
74
10
Rob Walton
$53bn
Rob Walton, aged 74, is the eldest son of Sam Walton, the founder of
Walmart – he joined Walmart in 1969. During his time at the company
he held a number of roles including: Senior Vice President, Corporate
Secretary, General Counsel and Vice Chairman, before taking over
as Walmart’s Chairman in 1992 following his father’s death. In 2015,
Walton retired and was replaced by his son in law Greg Penner.
Today, Walton and his siblings own half of Walmart’s stock.
DECEMBER 2019