Alice Walton vs Rob Walton

Two fortunes from Walmart.

The differences

Forbes puts Rob Walton about $18.9B ahead of Alice Walton.Forbes figures from 17 Oct 2026 and 12 Oct 2026.
Alice Walton has held a public or government advisory role; Rob Walton has none on record.

Put someone else on either side

Alice Walton

Rob Walton

Net worth, Forbes: $123BForbes, 12 Oct 2026; $142BForbes, 17 Oct 2026
Net worth, Bloomberg: $137BBloomberg, 9 Oct 2026; $144BBloomberg, 17 Oct 2026
Forbes rank: No. 15Real-Time list, 30 Sep 2026; No. 12Real-Time list, 17 Oct 2026
Billionaire since: Not stated; Not stated

How it started: Inherited itOnly daughter of Walmart founder Sam Walton; Bloomberg calls her an heir to the fortune he created in Walmart; Inherited itSon of Walmart founder Sam Walton; joined Walmart in 1969 and chaired it from 1992 to 2015
Main source: Walmart stock held mostly through the Walton Family Holdings Trust and Walton EnterprisesBloomberg: 'The majority of Alice Walton's fortune is derived from Walmart'; Walmart stock held through Walton Enterprises and the Walton Family Holdings TrustBloomberg: 'The majority of Rob Walton's fortune is derived from Walmart'
Companies: WalmartWalmart: None; trustee of family holding entities; WalmartWalmart: Retired chairman; left the board in 2024
Biggest stake: WalmartStake not stated; WalmartStake not stated

Born: 7 Oct 1949Newport, Arkansas, United States; Not stated
Country: United StatesLives in Fort Worth, Texas, United States; United StatesLives in Bentonville, Arkansas, United States
Education: Bachelor's degreeBA in economics, Trinity University; Graduate degreeBA, University of Arkansas; JD, Columbia University
Parents: Daughter of Sam and Helen Walton, who ran a five-and-dime store before Sam opened the first Walmart in 1962Before her philanthropy she worked in finance: equity analyst, founder of an investment bank, vice chairman of Arvest Bank Group; Son of Sam and Helen Walton, who opened a five-and-dime store in Arkansas in 1950 and later created Walmart

Giving Pledge: Not a signer; Not a signer
Foundation: Alice L. Walton FoundationFounded 2017; she also founded Crystal Bridges Museum of American Art (2005) and the Art Bridges Foundation (2017); Rob Walton FoundationSeparate from the family-wide Walton Family Foundation
Lifetime giving: $2BForbes, 16 Sep 2026. Forbes: more than an estimated $2 billion of her funds paid out by five family foundations through 2024; she has put more than $6 billion into them, plus at least $250 million to the Alice L. Walton School of Medicine; Not stated

Role now: No roleFounder of Crystal Bridges Museum of American Art, the Art Bridges Foundation and the Alice L. Walton Foundation; RetiredRetired chairman of Walmart; owner in the Denver Broncos' Walton-Penner ownership group
Successor: Greg Penner, Rob Walton's son-in-law, chairs Walmart's board; John Furner became CEO in 2026Two Walton family members sit on the board as non-management directors; Greg Penner, his son-in-law, is Walmart's non-executive chairman; John Furner is president and CEOSteuart Walton is a director, not an executive. The Delaware court opinion identifies Penner as his son-in-law
Public office: Member, Smithsonian American Women's History Museum Advisory Council2021-; None found
Legal record: 1979: US SEC; 1998: Municipal court (Judge Stanley Ludwig)In a settled SEC proceeding concerning her work at E.F. Hutton, the SEC found she had wilfully violated or aided and abetted violations of securities antifraud rules and suspended her from the securities industry for six months from January 30, 1979. A municipal judge found her guilty on four counts, including driving while intoxicated and refusing a blood-alcohol test, after she contested the charges at trial.; None found