Rob Walton Net Worth

Rob Walton Net Worth

Rob Walton net worth – What is the net worth of Rob Walton? Rob Walton is an American billionaire businessman, heir to the Walmart fortune, and the principal owner of the Denver Broncos. With a net worth of $137.9 billion, he is the eldest son of Walmart founder Sam Walton. He served as the chairman of Walmart for 23 years, steering the retail giant through a period of massive global expansion. In 2022, he made headlines by leading the group that purchased the Denver Broncos for a record-breaking $4.65 billion, making him the wealthiest owner in the National Football League (NFL).

What is Rob Walton’s Net Worth?

As of 2026, Rob Walton has an estimated net worth of US $137.9 billion. His wealth is primarily derived from his massive ownership stake in Walmart Inc., holding roughly a quarter of the family’s 50% stake in the company. In addition to his retail holdings, Walton possesses a multi-million dollar vintage car collection and a valuable real estate portfolio, including properties in Aspen, Colorado, and Paradise Valley, Arizona. His acquisition of the Denver Broncos has also added a significant sports asset to his financial portfolio.

Net Worth Comparison with Other Waltons & Sports Owners

Billionaire Estimated Net Worth
Rob Walton $137.9 Billion
Jim Walton $135.2 Billion
Alice Walton $116.0 Billion
Steve Ballmer (Clippers) $149 Billion
David Tepper (Panthers) $20.6 Billion
Jerry Jones (Cowboys) $14.5 Billion

Rob Walton Net Worth Growth Timeline

Year Net Worth
2018 $46.2 Billion
2020 $54.1 Billion
2022 $65.0 Billion
2024 $94.3 Billion
2026 **$137.9 Billion**

Who is Rob Walton?

Samuel Robson “Rob” Walton was born on October 28, 1944, in Tulsa, Oklahoma. As the eldest child of Sam and Helen Walton, he was the first to shoulder the responsibility of the family legacy. Unlike the stereotypical passive heir, Rob was deeply involved in the operational and legal framework of Walmart from its early days. He is a qualified lawyer who helped take the company public in 1970. Outside of the boardroom, he is an adrenaline junkie known for his love of vintage racing cars, cycling, and piloting aircraft.

Rob Walton Biography

Field Details
Full Name Samuel Robson Walton
Nickname Rob
Date of Birth October 28, 1944
Age 81 years
Birthplace Tulsa, Oklahoma, U.S.
Nationality American
Profession Businessman, NFL Owner
Years Active 1969–present
Net Worth $137.9 billion
Source of Wealth Walmart, Denver Broncos
Education University of Arkansas (B.S.), Columbia University (J.D.)
Marital Status Married
Spouse Melani Lowman-Walton (m. 2005)
Children Carrie, Ben, Sam
Parents Sam Walton, Helen Walton

Early Life and Education

Rob Walton was born just a year before his father bought his first Ben Franklin variety store franchise. He grew up working in the family stores, moving boxes, sweeping floors, and learning the retail business from the ground up.

He attended The College of Wooster in Ohio before transferring to the University of Arkansas, where he graduated with a degree in Business Administration in 1966. He then earned his Juris Doctor (J.D.) degree from Columbia Law School in 1969. Before joining the family business officially, he worked as a lawyer at the firm Conner & Winters in Tulsa, Oklahoma, which represented Walmart during its early corporate years.

Career

Rob joined Walmart as a senior vice president in 1969. His legal background was pivotal during the company’s initial public offering (IPO) in 1970. He was appointed Vice Chairman in 1982 and named Chairman of the Board of Directors on April 7, 1992, just two days after his father’s death.

He served as Chairman until 2015, overseeing Walmart’s growth from a primarily American retailer into a global behemoth with thousands of stores worldwide. During his tenure, sales grew from roughly $45 billion to over $480 billion. He was succeeded as Chairman by his son-in-law, Greg Penner, though he remained on the board until retiring in 2024.

In June 2022, Rob Walton led the Walton-Penner Family Ownership Group to purchase the Denver Broncos for $4.65 billion. It was the highest price ever paid for a North American sports franchise at the time.

Personal Life

Rob Walton is married to his third wife, Melani Lowman-Walton. He has three children from his previous marriage to Carolyn Funk: Carrie Walton Penner, Ben Walton, and Sam Walton. His daughter Carrie and her husband Greg Penner are key figures in both the Walmart and Denver Broncos hierarchies.

Rob is known for his passion for collecting and racing vintage automobiles. His collection, valued at over $200 million, includes some of the rarest cars in the world. He is also an avid cyclist and outdoorsman, often spending time at his homes in Aspen and Hawaii.

Favorite Things

Category Favorite
Hobby Vintage Car Racing, Cycling
Car Ferrari 250 GTO, Shelby Daytona
Sport Football (NFL)
Team Denver Broncos
Activity Piloting planes
Residency Bentonville, AR / Paradise Valley, AZ

50 Unknown Facts about Rob Walton

  1. He is the eldest of Sam Walton’s four children.

  2. He was an all-state football player in high school, just like his brother Jim.

  3. He has a law degree from Columbia University.

  4. He helped prepare the paperwork for Walmart’s IPO in 1970.

  5. He served as Walmart’s chairman for 23 years (1992–2015).

  6. He is the richest owner in the entire National Football League (NFL).

  7. He paid $4.65 billion cash for the Denver Broncos.

  8. He owns a Ferrari 250 GTO, one of the most expensive cars in the world (valued at over $50 million).

  9. He famously crashed a Shelby Daytona Coupe (one of only six ever made) while racing it at Laguna Seca in 2013.

  10. He repaired the Shelby Daytona at a cost that likely exceeded the value of most regular supercars.

  11. He owns a rare Maserati T61 “Birdcage”.

  12. He is a licensed pilot and enjoys flying various aircraft.

  13. He has competed in the Ironman Triathlon.

  14. He is a major supporter of Conservation International.

  15. He serves on the board of directors for the Phoenix-based sustainability institute.

  16. He and his siblings have donated over $2 billion to the Walton Family Foundation.

  17. He stepped down from the Walmart board in 2024 after more than 40 years of service.

  18. His son-in-law, Greg Penner, is the current Chairman of Walmart.

  19. He owns a home in Paradise Valley, Arizona, near the base of Camelback Mountain.

  20. He also owns a significant property in Aspen, Colorado.

  21. He brought Formula One champion Lewis Hamilton into the Broncos ownership group.

  22. Former Secretary of State Condoleezza Rice is also a minority owner in his Broncos group.

  23. He is known to be low-key and media-shy, rarely giving interviews.

  24. He worked as a lawyer at Conner & Winters in Tulsa before joining Walmart full-time.

  25. He was 47 years old when he took over as Chairman of Walmart.

  26. He helped spearhead Walmart’s sustainability efforts in the early 2000s.

  27. He has a net worth larger than the GDP of Slovakia.

  28. He is the only NFL owner with a net worth exceeding $100 billion.

  29. He owns a 1957 Ferrari 250 Testa Rossa.

  30. He is an emeritus trustee of The College of Wooster.

  31. He has been married three times.

  32. His daughter Carrie is a major advocate for charter schools.

  33. He enjoys mountain biking in Arkansas and Colorado.

  34. He owns a McLaren F1, a car that held the speed record for production cars for years.

  35. He personally drove the pace car for a race at Pikes Peak International Raceway.

  36. He has supported the African Parks Foundation.

  37. He is a member of the Lambda Chi Alpha fraternity.

  38. He has faced criticism from labor unions regarding Walmart’s employment practices during his chairmanship.

  39. He keeps his car collection in a private garage in Arizona known as the “Rocky Mountain Auto Collection.”

  40. He has a passion for biodiversity and environmental protection.

  41. He owns roughly 1 billion shares of Walmart stock (directly and through trusts).

  42. He was named to the TIME 100 list of influential people.

  43. He funded the Rob and Melani Walton Sustainability Solutions Service at ASU.

  44. He is known to drive his vintage cars rather than just keeping them in a museum.

  45. He survived a cancer scare in the past (undisclosed type).

  46. He is neighbors with other billionaires in Aspen’s “Billionaire Mountain.”

  47. He played a key role in Walmart’s international expansion into Mexico and Canada.

  48. He has a reputation for being a consensus builder in the boardroom.

  49. He is the 12th richest person in the world (rankings fluctuate).

  50. He plans to keep the Denver Broncos in the family for generations.

Frequently Asked Questions

How old is Rob Walton?

Rob Walton is 81 years old (as of 2026).

Where does Rob Walton live?

He splits his time between Bentonville, Arkansas, Paradise Valley, Arizona, and Aspen, Colorado.

Is Rob Walton married?

Yes, he is married to Melani Lowman-Walton.

How much is Rob Walton worth?

His estimated net worth is $137.9 billion.

Does Rob Walton work at Walmart?

He has retired from the Walmart Board of Directors as of 2024 but remains a major shareholder.

Which NFL team does Rob Walton own?

He is the principal owner of the Denver Broncos, which he purchased in 2022.

What cars does Rob Walton own?

His collection includes a Ferrari 250 GTO, Shelby Daytona, McLaren F1, and a Maserati T61 Birdcage.

Is Rob Walton the richest NFL owner?

Yes, he is by far the richest NFL owner, with a net worth significantly higher than the next richest, David Tepper.

How many children does Rob Walton have?

He has three children: Carrie, Ben, and Sam.

What is Rob Walton’s education?

He holds a Bachelor’s degree from the University of Arkansas and a Law degree (J.D.) from Columbia University.