Rob Walton

Alice Walton, daughter of the late Sam Walton and heiress to the Walmart Inc (NYSE:WMT) fortune, has retaken the distinction as the world’s richest woman. As of Sept. 4, Walton’s wealth was estimated at $89.1 billion, according to Forbes “World Wealthiest Woman” list. The...

Jensen Huang, CEO and co-founder of Nvidia Corp. (NASDAQ:NVDA), saw his net worth soar to $91.3 billion following another exceptional quarter for the chipmaker. This surge has elevated him past each individual member of the Walton family, historically the wealthiest in America. Huang’s...

The heirs to one of the largest companies in the world maintain a large ownership in it. Here’s a look at the recent sales by Walmart Inc (NYSE: WMT) heirs and what ownership stake three of the richest people in the world have left in the company. What Happened: Retail giant Walmart opened...

The Washington Commanders NFL team has seen a series of events in two years that some teams do not see in a lifetime. Here’s a look at the major news stories about the team and how the latest could spell an exit for Commanders’ owner Dan Snyder. What Happened: A new report filed with...

Retail giant Wal-Mart Stores, Inc. (NASDAQ: WMT) will be keeping its chairman of the board position in the Walton family, as the company announced on Friday that Greg Penner, grandson-in-law to founder Sam Walton, will take over the position. The Walton family has maintained influential...

Wal-Mart Stores, Inc. (NYSE: WMT) on Friday elected a new chairman of the board, replacing Rob Walton, who has served for 23 years. Walton, the eldest son of store founder Sam Walton, is being replaced by son-in-law Greg Penner. With a net worth of nearly $38 billion, Walton was ranked the...