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  1. Oct 9, 2013 · The descendants of Wal-Mart founder Sam Walton, the family controls more than 50% of the Wal-Mart Corporation, according to Bloomberg, and combined are worth at least $150 billion based...

    • School Choice Reconsidered
    • Early Lessons
    • Different Strokes For Different Districts
    • ‘The Gorilla in The Room’
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    The largest chunk of the foundation’s retooled and accelerated giving plan — $1 billion over the next five years — will go to education. While family members still evangelize about the benefits of "school choice" for struggling families, they’ve fought enough battles over the past two decades to determine that simply providing parents a slate of op...

    The more intense focus is, in part, a generational shift. Rob Walton, 71, says he and his siblings — Jim, Alice, and late brother John — never viewed the foundation, which was created in 1987, as their bailiwick. Their family discussions often centered around the growth of Walmart. By the time Sam and Helen’s grandchildren began attending the famil...

    Following a strategy like the Waltons’, Mr. Cuny chose to establish the school in Washington because policy makers there have greeted charter schools warmly. Doubling down in cities where charters have shown promise has merits, according to another grantee, Daniel Weisberg, chief executive officer of TNTP, a nonprofit that supports the professional...

    The Waltons also take enormous heat for giving relatively little in relation to their wealth. Last year, for example, they held more than 1.4 billion shares of Walmart stock in Walton Enterprises, a company formed to manage the family fortune. Annual dividend payments on those shares would total more than $2.77 billion in 2015, an amount greater th...

    Learn how the descendants of Walmart founder Sam Walton and his wife Helen are using their wealth to support education, environment, and economic development projects. The foundation has increased its grant making and shifted its focus to school choice and local districts.

  2. Apr 27, 2024 · The combined wealth of the Walmart heirs — which includes founder Sam Walton's children, Rob, Jim, and Alice, as well as his late son John's wife, Christy, and their son Lukas — is roughly...

  3. Walton Family Foundation. In 1987, Sam Walton endowed a charitable foundation. The Walton Family Foundation primarily focused on charter schools, but it later extended its program to include environmental issues, particularly water-related. In 2016, Alice and Jim Walton put a $250 million grant towards building charter school facilities.

  4. Nov 24, 2022 · Chicago-based billionaire Lukas Walton, 36, is one of Sam’s grandchildren – and one of the richest millennials in the world. However, life wasn’t always easy for the San Diego-born heir....

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  6. en.wikipedia.org › wiki › Sam_WaltonSam Walton - Wikipedia

    World War II. Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in Rogers, Arkansas and Midwest City, Oklahoma in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as ...

  7. Advertisement. He set up his ownership of Walmart's stock in a family partnership — each of his children held 20% of Walton Enterprises, while he and Helen each held 10%. Helen inherited...

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