Lukas Walton

Lukas has always kept a low profile in the media, and very little is known about his personal life. He is reportedly single.

He has a net worth of $11 billion. According to recent reports, following the death of his father, he had inherited twice the amount his mother had inherited.

Lukas Tyler Walton was born in 1986, to John T Walton and his wife, Christy. He is the grandson of ‘Walmart’ founder Sam Walton.

His grandfather joined ‘J.C. Penney,’ an American departmental store chain. After working there as a management trainee for 2 years, he quit to serve the ‘US Army.’

After his discharge, Sam opened his first ‘Ben Franklin’ store in Arkansas. With time, he opened several ‘Ben Franklin’ stores across the US. Eventually, Sam founded ‘Walmart’ in 1962. The company soon became the biggest multinational corporation in the US.

There was a time when Sam Walton was the richest man in America. He also founded ‘Sam’s Club,’ an American chain of retail warehouse clubs. ‘Walmart’ later emerged as the world’s largest corporation by revenue and the biggest private employer in the world.

When Lukas was 3 years old, he was diagnosed with a rare kidney cancer that spread to his lungs. However, he miraculously recovered from the disease within 6 months.

After graduation, Lukas started working for a venture capital company named ‘True North Venture Partners.’ The firm was founded by Michael J Ahearn, who later became its managing partner.

Michael is also a former partner and president of ‘JWMA,’ the investment firm he had started with John T Walton, Lukas’s father. Lukas also owns stakes in companies such as ‘First Solar’ and ‘Arvest Bank,’ apart from ‘Walmart.’

He is also the chairperson of the ‘Environment Program Committee’ of the ‘Walton Family Foundation.’

The foundation came into existence in 1987. It was established by Sam and Helen Walton, out of their philanthropic interest. The company mainly focuses on K-12 education reform, freshwater and marine conservation, and quality of life initiatives in the Arkansas region.

It has its headquarters in Bentonville, Arkansas, with offices in Washington; Jersey City, New Jersey; and Denver, Colorado. The foundation provided $535 million in grants toward its projects.

Lukas was ranked 83 on the ‘Forbes’ list of billionaires of 2018. The ‘Bloomberg Billionaires Index’ ranked him 57 among the ‘World’s 500 Richest People.’

He has also been ranked 32 on the ‘Forbes 400’ list, which is a list of the wealthiest people in America.