#13 S. Robson Walton-Net Worth $34.9 Billion $165 M | -0.5% As of 4/12/2014
Wal-Mart heir S. Robson Walton, chairman of the company and eldest son of visionary retailer Sam, has had a rocky year -- in the press, anyway. In late summer, employees organized protests against low wages in 15 cities across the U.S. And, responding to Wal-Mart's involvement in a bribery scandal in Mexico and a calamitous factory collapse in Bangladesh, a group of stock owners opposed Walton, who has been company chairman since 1992, and several other board members at the 2013 annual shareholders meeting. But financially, the world's largest retailer remains steady. Founded by Sam and his brother James in 1962 in Rodgers, Ark., Wal-Mart boasts sales of nearly $470 billion and employs nearly 2.2 million people in 11,000 stores worldwide. Rob received about $465 million in dividends in 2013. He also owns a $500 million stake in Hyatt Hotels through an investment vehicle. Before joining Wal-Mart, he was a partner with the law firm of Conner & Winters in Tulsa, Oklahoma. In 2012 he reportedly wrecked his Shelby Daytona Cobra Coupe -- one of only five made and worth at least $15 million -- when he drove it off a racing track.
Chairman, Wal-Mart Stores
Age 70
Source Of Wealth Wal-Mart
Residence Bentonville, AR
Citizenship United States
Marital Status Married
Children 3
Education Doctor of Jurisprudence, Columbia University; Bachelor of Arts / Science, University of Arkansas
S. Robson Walton on Forbes Lists
#14 Billionaires#10 in United States
#17 in 2013
#9 Forbes 400
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