What is Walmart's net worth? Walmart's net worth is $446.950 billion. Sam Walton began his retail career with a plan. After working for J.C. Penney for a year and a half in the early 40s, he took over management of a Ben Franklin general store in Newport, Arkansas. His store was incredibly successful, and he subsequently opened his own shop, called Walton's Five and Dime. In 1962, he opened Walmart Discount City, and by 1967, one Walmart had expanded to twenty-four. The rest, as they say, is history. Walmart expanded rapidly, especially during the 80s and 90s, where it came under fire for virtually obliterating local business in many small towns around the US. It also expanded into Canada and Mexico, and opened its first Walmart Supercenter in Missouri, in 1988. Walmart's toy department began outselling Toys "R" Us in the late 90s, and the company expanded further, opening outlets in the UK, Brazil, Japan, India and Argentina, among other countries. The Walmart Corporation also owns the Sam's Club chain of membership stores. More than half of Walmart's total sales are grocery items, rather than clothes, toys, or electronics. As of 2012, there are 8,500 Walmart stores spread out over 15 countries. The store has a one, or more, branches in every state and Puerto Rico, and currently employs 2.2 million people. The company is still owned by the Walton family.
Walmart Net Worth
Have something to add to this net worth? Share it by adding comments below.
Wal-Mart Stores Inc, Walmart Stores
Does Ronda Rousey Really Make More Than Floyd Mayweather Per Second?on Aug 31, 2015
Jerry Seinfeld Turned Down Huge, Unprecedented NBC Offer For 10th Seasonon Aug 31, 2015
Highest Paid TV Actors And Actresses Of 2015on Aug 31, 2015
Trick Daddy Files For Chapter 11 Bankruptcyon Sep 1, 2015
'Minecraft' Creator Claims Becoming A Billionaire Made Him Feel "Isolated"on Aug 31, 2015
50 Cent Agrees To Re-List Connecticut Mansion As Part Of Bankruptcy Filingon Aug 27, 2015
Weekend Box Office Review For August 28th-August 30thon Sep 1, 2015
How Much Money Has Will Smith Made From His Films... So Far?on Aug 26, 2015
These Former Kentucky Wildcat Players Are Under Contract For An Impressive $652 Millionon Aug 31, 2015
Love, Marriage And A New $13.9 Million Mansion For Tracy Morganon Aug 30, 2015
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
- Former NFL Running Back Clinton Portis Has Not Had Good Fortune With His MoneyClinton Portis had an exceptional NFL career that spanned nine seasons. But since his retirement, he's run into multiple financial pitfalls.
- 5 Reality Show Concepts That Failed HorriblyThis might come as a shock, but not every reality TV show has become a timeless classic, or even a commercial success.
- The Fascinating Ups And Downs Behind The Multi-Million Dollar "Happy Birthday" Royalty WarIf "Happy Birthday" becomes public domain, it'll cost the rights holder, Warner Music Group, millions in licensing fees.
- Which Celebrity Has The Most Valuable Twitter Account?Recently, we learned a single tweet from LeBron James can be worth close to $140,000, but as it turns out, there is one guy whose tweets are worth even more.