Rob Walton
- Net worth $125 billion
- Birthday October 27, 1944
- Status -
- Country United States
- Source(-s) of wealth Businessman, Philanthropist
How much is Rob Walton Worth? Rob Walton Net Worth in 2026
Rob Walton’s net worth is estimated at $125 billion as of November 2026. Since a December 2024 filing, the man who chaired Walmart for 23 years owns only 7,029,557 of its shares in his own name, worth about $882 million. The other $110 billion or so sits in a family company and a family trust that he shares with three other branches of the Walton family.
| Net worth | $125 billion (our estimate, range $105 billion to $145 billion) |
|---|---|
| Estimated annual income | About $870 million in Walmart dividends before tax (our estimate) |
| Born | October 27, 1944, Tulsa, Oklahoma |
| Age | 82 |
| Country | United States |
| Known for | Walmart chairman from 1992 to 2015, leading the Denver Broncos ownership group |
| Main income sources | Walmart shares held through Walton Enterprises and a family trust, dividends, the Broncos |
How much is Rob Walton worth in 2026?
We put Rob Walton at about $125 billion, with a range of $105 billion to $145 billion. The Walmart part is unusually well documented, because the family files its holdings with the SEC. What isn’t public is how the family company is split, so his quarter of it is our assumption.
Our new ranking of the Top 10 Richest NFL Owners in 2026 puts him first at $145 billion. This ledger, which counts only what the filings let us trace, lands about $20 billion lower, and he stays first by a distance either way.
Public estimates run higher for three reasons we can see. Some appear to credit him with more than a quarter of the family stake, some count share sales before tax, and some include decades of older dividends that no filing shows. We leave that older cash out, and we also leave out his giving, which no filing totals either. Those two gaps pull in opposite directions.
How we got to $125 billion
Every Walmart row uses the $125.52 closing price on November 6, 2026.
| Source | Our estimate | What it rests on |
|---|---|---|
| Quarter of Walton Enterprises | $94.2 billion | The company holds 3,002,673,393 Walmart shares directly, per a March 2026 SEC filing. It is run by four managing trusts, one per branch of the family, so we credit his branch with a quarter: 750.7 million shares. That equal split is our assumption. |
| Quarter of the Walton Family Holdings Trust | $16.3 billion | The trust held 520,735,838 shares on February 27, 2026. A 2020 filing says it was set up for the holders of Walton Enterprises’ membership interests, so the same quarter applies. |
| Shares he holds directly | $0.9 billion | 7,029,557 shares, unchanged between his December 2024 filing and the March 2026 one. |
| Denver Broncos | $3.4 billion | Half of the $6.8 billion September 2025 team valuation. The group includes his daughter, his son-in-law and minority partners, and no filing gives his share, so the 50 percent is our assumption. |
| Trust sales and payouts since 2020, after tax | $8.3 billion | It received 415 million shares in 2020, or 1,245,000,000 after the split, and is down to 520,735,838. His quarter of the 641 million that left by December 2024 is valued at an assumed $55 a share, and his quarter of the 83 million that left since then at an assumed $100. That gives $10.9 billion, less 23.8 percent federal tax on gains with almost no cost basis. |
| Dividends on his Walton Enterprises quarter, 2022 to August 2026, after tax | $2.3 billion | Walmart paid $4.02 a share over that stretch, split adjusted. On 750.7 million shares that is $3.0 billion, less 23.8 percent tax. |
| Total | $125 billion | Rounded from $125.4 billion. Older cash, his giving and his car collection are left out because we can’t put a documented number on them. |
The December 2024 paperwork
On December 18, 2024, Walton filed a Form 4 reporting that he had transferred his managing interest in Walton Enterprises, for no consideration, to a trust. Overnight he stopped being reported as the beneficial owner of the company’s Walmart shares and 603,989,702 more through the family trust. His sister and brother did the same, and the trust for their late brother’s estate became the fourth managing member, according to the Schedule 13D filed the next day.
The money didn’t go anywhere. The shares stayed in the same company, and the March 2026 amendment still lists him as a trustee of the first managing trust, alongside his daughter Carrie Walton Penner and two other family members. What changed is the number reported under his name, which is why a filing alone can’t settle what he is worth.
About 97 percent of it is Walmart
By our calculation the three Walmart rows come to $111.4 billion, and the trust sales and dividends add $10.6 billion that also came from Walmart stock. That is $122 billion out of $125.4 billion, or about 97 percent. The Broncos, for all the attention, are under 3 percent.
The dividend math is the odder detail. Walmart’s 2026 dividend is $0.99 a share. On his assumed quarter of the company and the trust, 880.9 million shares, that is about $872 million a year before tax. We work out that his dividends alone would cover the full $4.65 billion Broncos price in about 5.3 years.
A record price for a football team
On June 7, 2022, a group led by Walton agreed to buy the Broncos from the estate of Pat Bowlen for $4.65 billion, then a record for a sports franchise, and the NFL approved it that August. His son-in-law Greg Penner runs the team as CEO and is recognised by the league as the controlling owner. Mellody Hobson, Condoleezza Rice and Lewis Hamilton joined as partners. The team was valued at $6.8 billion in September 2025, which works out to a 46 percent gain for the group in about three years on paper.
Selling slowly, on purpose
The family trust has been shrinking since it was created with 415 million pre-split shares in March 2020. The March 2026 filing shows it sold about 3,989,618 shares between February 23 and March 3, 2026, at weighted prices from $125.63 to $128.16, and handed 1,151,000 more to beneficiaries. The filing says the sales meet the “investment, personal, and charitable objectives” of those beneficiaries. Walton Enterprises itself has not sold: it held 1,000,891,131 shares after the 2020 contribution, exactly a third of today’s count, so the only change since is a three-for-one stock split.
The sale prices in our ledger are rough. The stock rose 72 percent in 2024 and about 25 percent in 2025, so shares that left the trust in 2020 to 2023 fetched far less than today’s price, which is why we use $55 for those years.
What would move the figure
Walmart’s share price does most of the work. Each $10 move changes our total by about $8.9 billion. The next dividend goes ex on December 11, 2026, at $0.2475 a share. More trust sales or distributions would turn shares into cash and tax. The biggest unknown is the family split: if part of his branch’s interest has already passed to his children, his personal figure is lower than ours, which is where our $105 billion floor comes from. Decades of older dividends we can’t see are what would push it toward the $145 billion top.
Rob Walton net worth FAQ
What is Rob Walton’s net worth?
We estimate $125 billion as of November 2026, in a range of $105 billion to $145 billion. About $111 billion of it is Walmart stock, valued at the $125.52 close on November 6, 2026.
How much did Rob Walton pay for the Denver Broncos?
His group agreed to pay $4.65 billion in June 2022, a record for a sports franchise at the time. The team was valued at $6.8 billion in September 2025, and we credit him with half of that.
How much does Rob Walton make from Walmart dividends?
On our assumed quarter of the family company and trust, about $872 million a year at the 2026 rate of $0.99 a share. That is before tax.
How many Walmart shares does Rob Walton own?
He holds 7,029,557 shares directly. The family company Walton Enterprises holds about 3 billion and a family trust another 520,735,838, and his branch is one of four that control them.
How old is Rob Walton?
He is 82, born October 27, 1944, in Tulsa, Oklahoma. He is the eldest of Sam and Helen Walton’s four children and earned a law degree from Columbia in 1969.
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How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
Last updated: November 2026.
Photo: Walmart Corporate / Wikimedia Commons, CC BY 2.0, cropped