Rob Walton is the eldest son of Walmart founder Sam Walton.
Walton took over as chairman upon his father's death in 1992.
He retired as chairman in 2015 and was replaced by his son-in-law, Greg Penner. Walton retired from Walmart's board in 2024.
He and other heirs of Sam Walton collectively own about 45% of Walmart's stock.
In 2022, a group led by Walton bought the NFL's Denver Broncos for $4.7 billion. Walton transferred controlling ownership of the team to his son-in-law Greg Penner in 2023.
Crocs expects to hit the $500 million milestone in sandal sales this year as it leverages its iconic clog and looks to attract new generations of consumers to its shoes.
Scottie Scheffler enters the U.S. Open at Shinnecock Hills as a favorite (or co-favorite) for a 15th straight major as he seeks to complete the career Grand Slam.
The Oscar-winning Netflix movie "KPop Demon Hunters" is soon getting a set from the famed brick-building toymakers in the form of the film’s supernatural animals Derpy Tiger and Sussy Bird.
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As Iran threatens to strike trillionaire Elon Musk’s outposts across the Mideast, SpaceX’s founder could swiftly unite with Ukraine’s forces to shoot down Iran’s drones.
‘Backrooms,’ A24’s horror hit, frames the allure of nostalgia as a slow death—online, the Backrooms is often interpreted as a gateway to a past that never existed.
WNBA executive Jess Smith discusses the Golden State Valkyries’ growth, $780 million valuation and She Plays On initiative that is targeting keeping girls in sport.
Alysa Liu is back. The 2026 Olympic figure skating champion will headline the U.S. roster for Skate America this fall, joining Olympic teammates Ilia Malinin and Amber Glenn.
The NBA will be discussing expansion at length during July's Board of Governors meeting. But there are still hurdles that could prevent the process from moving forward.
"I Am Frankelda" directors Roy and Arturo Ambriz discuss the longtime influence director Tim Burton has had on their careers as stop-motion filmmakers.