Which family controls Walmart, founded by Sam Walton in Arkansas in 1962?

The Walton family controls Walmart, founded by Sam Walton in Arkansas in 1962.

Sam Walton opened the first Walmart discount store in Rogers, Arkansas, on July 2, 1962. His strategy emphasized low prices, high sales volume and efficient distribution. Walmart grew from a regional chain into one of the world’s largest retailers, operating stores and e-commerce businesses across multiple countries.

The Walton family’s ownership is held mainly through Walton Enterprises and related family interests. Walmart became a publicly traded company in 1970, so the family does not own every share, but it remains the company’s largest shareholder group. Walmart is often confused with Sam’s Club, but Sam’s Club is a Walmart division rather than a separate family-owned competitor.