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$300 million
- In 2024, Doug McMillon’s net worth most likely sits at $300 million – or more.
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Doug McMillon is the CEO of Walmart, the world's largest private employer. He started his career at Walmart as a truck unloader and is a Trump advisor. See his personal stats, education, related people and companies, and recent articles on Forbes.
- What Is Doug Mcmillon's Net Worth and Salary?
- Salary and Stock Holdings
- Early Life and Education
- Career Beginnings at Walmart
- Sam's Club
- Walmart International
- Walmart CEO
- Personal Life
- Bentonville Estate
Doug McMillon is an American businessman who has a net worth of $300 million. Doug McMillon serves as the president and CEO of the retail corporation Walmart. He assumed those positions in 2014 after having led the company's international division from 2009 to 2013. Before that, from 2005 to 2009, McMillon led Walmart's Sam's Club division.
Doug McMillon's salary in a typical year is $22 million. Over time he has the ability to earn more than $120 million in stock options after certain milestones. As of this writing, Doug McMillon owns 1,632,318 shares of Walmart. Using $150 a share, that stake is worth $250 million. Over his two decades at the company, Doug has sold around $140 milli...
Doug McMillon was born as Carl DouglasMcMillon on October 17, 1966 in Memphis, Tennessee as the oldest of three children of Laura and Morris. He was raised in Jonesboro, Arkansas until the age of 16, and then moved with his family to Bentonville, where Walmart is headquartered. There, McMillon attended Bentonville High School, and played as a point...
McMillon first became involved with Walmart as a teenager in 1984, when he worked for the company as a summer associate unloading trucks at a distribution center. On his first day of work, he rear-ended his boss's car. Later, while attending his MBA program at the University of Tulsa, McMillon became an assistant manager at a Walmart in Tulsa. He e...
In the summer of 2005, McMillon was promoted to president and CEO of Walmart's wholesale store division, Sam's Club. Under his leadership, the wholesaler put an emphasis on marketing to small-business customers. McMillon also employed the method of placing expensive premium items next to cheap bulk goods, a move designed to compete with Costco's si...
McMillon was moved to the head of Walmart's international division in early 2009, replacing Mike Duke, who became CEO of Walmart. With McMillon in charge, the international division focused on improving markets in such countries as Canada, the United Kingdom, and China. Additionally, the division acquired a majority stake in the South African compa...
On February 1, 2014, McMillon was appointed CEO of Walmart. He took over leadership of the company during a time of lagging growth and increased external competition, with the primary rivals being Costco, Amazon, Kroger, and Safeway. Within his first two years as CEO, McMillon raised wages for hourly workers in the United States, enhanced Walmart's...
With his wife Shelley, McMillon has two sons named Blake and Spencer. McMillon is a born-again Christian.
Doug's primary home is a 41-acre estate in Bentonville, Arkansas (the same hometown of Walmart). The property's primary residence is 8,200 square feet.
- Celebrity Net Worth
Aug 29, 2023 · How Walmart CEO Doug McMillon went from unloading Walmart trucks as teen to earning $25.7 million a year while modernizing the company. Hannah Towey and Ben Tobin. Updated.
Doug McMillon. Carl Douglas McMillon (born October 17, 1966) is an American businessman, and the president and chief executive officer (CEO) of Walmart Inc. [1] He sits on the retailer's board of directors. Having first joined the company as a summer associate in high school, he became the company's fifth CEO in 2014.
- 2
- Shelley McMillon
Aug 16, 2022 · Doug McMillon is the fifth-ever CEO of Walmart and has a net worth of at least $100 million in 2022, according to some sources. He worked his way up from buyer to CEO of Walmart, Sam's Club and international division. He is paid well for his role as the head of the largest U.S. retailer and has a large home in Arkansas.
- Kathryn Underwood
- CEO And President, Walmart Inc.
Jan 4, 2019 · As CEO, McMillon took home $22.8 million. The median Walmart employee, meanwhile, made $19,177. That means McMillon made 1,188 times more than the median Walmart employee.
Apr 1, 2024 · C. Douglas McMillon is the President, CEO and Director of Walmart Inc, with a net worth of at least $153 million as of 22 February 2024. See his stock trades, salary, biography and other executives at Walmart Inc.
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