Walmart has approximately 11,523 stores in 24 countries, and it employs 2.2 million associates worldwide.
This success made Walmart one of the most successful companies in history, and it made the Walton family the richest family in the world.
One of the youngest and wealthiest family members is Lukas Walton, He was born on September 19, 1986, and lives in Jackson, Wyoming. His network exceeds $17.2 billion, making him the 2nd richest person in Wyoming and the 41st richest person in the world.
Who is Lukas Walton?
Lukas Walton is an American billionaire heir and the grandson of Sam Walton, the founder of Walmart.
All of them are alive, but Lukas' father, John Walton. John was an American war vet who survived the Vietnam War. Unfortunately, he died in an airplane crash in 2005 and left his wealth to his wife, Christy, and his only son, Lukas.
He survived rare kidney cancer.
When he was 3 years old, he was diagnosed with rare kidney cancer. His mother credited his recovery to a plant-based diet.
She says, "I was giving Luke six glasses of juice daily — fruit or carrot. We would get organic pasta. I removed red meat and pork altogether. In five months, Luke's tumor was gone. I attribute that to a complete nutrition change."
He dedicated his wealth build sustainable businesses.
In 2010, he earned his bachelor's degree from Colorado College in environmentally sustainable business. After graduation, he interned at True North Venture Partners, a company that invests in and builds businesses that focuses on creating a clean and sustainable future.
He owns roughly 5% of the energy company First Solar and 8% of the family-owned Arvest Bank.
Today, Lukas Walton serves as the Chief Executive Officer of Builders Vision, an organization that he founded to provide a platform to help organizations and people build a more humane and healthy planet.
Lukas Walton gave $25 million to a fund to promote the so-called circular economy in which waste is minimized. He also donated about $149 million to Walton Family Foundation, where he chairs the environment program committee, reported by Forbes.
How did Sam Walton start Walmart?
Sam Walton opened his first Walmart a few blocks away from Stroud's Department Store in Rogers, Arkansas, in 1962.
Walmart's success forced Strout, leading the locally beloved retailer, to permanently close in 1993 after 109 years in business.
The 1970s was a decade of massive growth.
Within five years, Sam Walton expanded his one store to 24 stores, ringing up $12.7 million in sales. Then, in 1970, Sam Walton took the company public.
By 1980, Walmart's annual sales reached $1 billion quicker than any other company in history and opened the first Sam's Club and Walmart Supercenter.
Walmart became a global company.
Then, in 1994, Walmart expanded into Canada by purchasing 122 Woolco stores. Two years later, it opened its first store in China, and it continued its growth to the United Kingdom, India, and South Africa.
Today, Walmart operates approximately 11,523 retail stores in 24 countries and eCommerce websites. The company employs around 2.2 million associates worldwide.
If you had Lukas Walton money, what causes would you support?