Walton family
The Walton family is an American family whose collective fortune derived from Walmart makes them the richest family in the United States of America. Overview. The three most prominent living members (Jim, Rob, and Alice Walton) have consistently been in the top twenty of the "Forbes" 400 list since 2001, as were John ( 2005) and Helen (d. 2007) prior to their deaths. Christy Walton took her husband John's place in the ranking after his death. The majority of the family's wealth derives from the heritage of Bud and Sam Walton, who were the co-founders of  Walmart. Walmart is the world's largest retailer, one of the world's largest business enterprises in terms of annual revenue, and, with just over 2.2 million employees, the world's largest private employer. , the Waltons collectively owned 50.8 percent of Walmart. In 2018, the family sold some of their company's stock and now owns just under 50%. In January 19th, the Walton family's net worth was around US$240.6 billion. Walton Family Foundation. In 1987, Sam Walton endowed a charitable foundation. The Walton Family Foundation was primarily focused on charter schools, but it later extended its program  to include environmental issues, particularly those related to water. In 2016, Alice and Jim Walton put a $250 million grant towards building charter school facilities. The Walton Family Foundation created the Building Equity Initiative to provide charter schools with access to capital to create and expand their facilities. This initiative was established after the foundation announced in 2016 that it would spend $1 billion over the next five years to expand "educational opportunity" by partnering with charter school operators, researchers, and education reformers. Walton family fortune. The Walton family fortune is broken down as such: Family tree. Their  immediate family includes Jim, Christy and Lukas Walton.