Ann Walton Kroenke is Bud Walton’s daughter, heiress to her father’s Walmart fortune, along with her sister Nancy Walton Laurie. Bud helped his brother, Sam Walton, make Walmart the major corporation it is today and had an early stake in the company. The Walton family is considered one of the richest families in the world, with a combined wealth of $130 billion amongst the heirs.
Walton Kroenke is married to sports mogul and real estate billionaire Stan Kroenke. Walton Kroenke is the owner of the superyacht AQUILA.
|Name:||ANN WALTON KROENKE|
|Net Worth:||$8 BILLION|
|Source of wealth:||WALMART HEIRESS|
Walmart is a multinational retail corporation with a range of hypermarkets, discount department stores, and grocery stores. Brothers Sam and Bud Walton founded the American corporation in 1962.
Bud died in 1995, when Ann and her sister Nancy inherited their father’s stake in the company, amounting to roughly $9 billion worth each.
Walmart is the largest company by revenue globally, employing over 2.2 million employees. The company has an annual revenue of $500 billion. The company is publicly traded, with the Walton heirs owning over 50% of the company.
Sam Walton’s heirs still control the company today. Most of the Walmart fortune is primarily held by Sam’s children, Alice, Rob, and Jim, and daughter-in-law Christy and her son, Lukas.
Walton Kroenke is a registered nurse. She has no part in running the company as a board member or executive.
Her husband is Stan Kroenke. He is a real estate and sports mogul. Kroenke owns several sports teams. These include the Los Angeles Rams, Denver Nuggets, Colorado Avalance, Colorado Rapids, and Arsenal Football Club.
He also owns 1.5 million acres of ranches throughout the US and Canada. He has incredible homes in Beverly Hills, Texas, Colorado, and Montana.
Kroenke started his first real estate development company, The Kroenke Group, thanks to his wife’s funding. The group went on to develop apartments, shopping centers, plazas, and other commercial real estates.
Ann Walton Kroenke’s NET WORTH
Ann Walton Kroenke has a net worth of $8 billion, according to Forbes. She owns two private jets, a Bombardier Global 6000 (N729KF) and a Bombardier Challenger 300 (N218KF). She is the owner of the 85.6m superyacht, AQUILA. The vessel has a price of $150 million.
Ann Walton Kroenke studied as a nurse. She met Stan on a skiing trip in Aspen, and the couple was married in 1974. They share two children, Josh Kroenke and Whitney Ann Kroenke. Josh aids his father in operating his sports empire. Whitney Ann Kroenke is a film producer and philanthropist.
Walton Kroenke is also a philanthropist and gives back through the Audrey J. Walton and Ann Walton Kroenke Charitable Foundation.