The Walton family is an American family, whose collective fortune makes them the richest family in the United States of America and the richest non-royal family in the world. The majority of their wealth derives from the heritage of Bud and Sam Walton, who were the co-founders of the world's largest retailer, Walmart. The three most prominent living members (Jim, Rob and Alice) have consistently been in the top twenty of the Forbes 400 since 2001, as were John (d. 2005) and Helen (d. 2007) prior to their deaths. Christy Walton took her husband John's place in that ranking after his death.
As of December 2014 In 2018, the family sold some of their Walmart stock and now owns just under 50%. In October 2019, the annual Sunday Times Rich List indicated the Walton family's wealth is at $US201.4 billion., the Waltons collectively owned 50.8 percent of the company.
In 1987, Sam Walton endowed a charitable foundation; it was primarily focused on charter schools, but also extended its program to include environmental issues particularly around water.
In 2016, Alice and Jim Walton put a $250 million grant to aid the building of charter school facilities, in honour of their parents' commitment to providing high-quality education[Source needed]. The Walton Family Foundation has set up the Building Equity Initiative to provide charter schools with access to capital to create and expand their facilities. This initiative has been established after, earlier in 2016, the foundation announced that it will spend $1 billion over the next five years to expand "educational opportunity", by partnering with charter school operators, researchers and education reformers.
The Walton family fortune breaks down as follows: