Walton Family Contributions to Walmart

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Who Owns Walmart?
posted onMarch 23, 2023 by Daniel Pereira
Who Owns Walmart?
Who Owns Walmart? Walmart is owned by its shareholders. The Walton family is Walmart's largest shareholder, owning 50% of the company's stock. The Walton family has acquired such a high level of ownership in the company because they are the descendants of Sam Walton, who founded the company. The family received a majority of the stock through an inheritance and made additional purchases.

Contents

Brief History of Walmart
Brief History of Sam Walton
Walmart's IPO
Walmart's Top Shareholders
The Walton Family
Vanguard Group, Inc.
BlackRock, Inc.
State Street Corporation
Geode Capital Management, LLC

Decision making
Create significant shareholder value
Stability of the ownership structure
Conclusion
Brief History of Walmart
The history of Walmart began in 1945 when Sam Walton purchased a branch of the Ben Franklin amazon data franchise in Newport, Arkansas. Sam continued to operate the store he had purchased for a few years as one of Ben Franklin’s variety stores. During that time, he gained more knowledge of the retail industry and discovered the secrets of running a successful business. In the early 1960s, he decided to create a different kind of store that would offer customers great value at very affordable prices, rather than continuing to operate the Ben Franklin store.

In 1962, Sam Walton opened the first Walmart store in Rogers, Arkansas. The location was to his advantage because it was densely populated and close to his existing operations. Although Walton is the sole founder of the Walmart company, he received help from his family, particularly his brother, Bud Walton, and Bud Walton's father-in-law. Bud Walton helped Sam manage the first Walmart store and eventually became Sam's business partner. Bud Walton's father-in-law also provided financing for the company.