The CEO of Walmart is Doug McMillon, who has held the position since 2014 and also serves as President of Walmart Inc., leading the global retail giant in its continued growth and adaptation in the evolving retail landscape.
He's set to retire at the end of this month, and is bowing out on a monetary high; in his final year as CEO, McMillon took home a $1.5 million salary, while also receiving $20.4 million in stock awards and $4.4 million in non-equity incentive plan compensation.
It is a publicly traded family-owned business (the largest such business in the world), as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings.
You can send him an email [email protected] and he is on most social media platforms (Facebook, Instagram, Twitter, LinkedIn, etc…) as well, which you could also leave a message or comment.
Walmart Inc. is shuffling executives to new roles as John Furner prepares to take the helm on Feb. 1. Furner, president and chief executive officer of Walmart U.S., will replace President and Chief Executive Officer Doug McMillon. McMillon's last day as CEO is Jan. 31.
View From The Top with Doug McMillon, President and CEO of Walmart
Is Walmart owned by a billionaire?
The Walton family is the world's richest as soaring Walmart shares drive the heirs' net worth to $432 billion. Walmart founder Sam Walton died more than 30 years ago, but the retail giant he started is still thriving and making his family even richer.
According to financial reporting cited by LiveMint, Doug McMillon's fortune completely honors his name, with an estimated net worth in 2025 of $541 million. This massive number comes from his substantial Walmart stock holdings, which have grown significantly during his tenure overseeing the world's largest retailer.
Walmart overhauls executive ranks, John Furner set to take CEO role at month's end. Walmart (WMT) announced a slew of executive changes just two weeks before its CEO transition that will see John Furner take over from Doug McMillon.
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As of December 2014, the Waltons collectively owned 50.8 percent of Walmart. In 2018, the family sold some of their company's stock and now owns just under 50%. In December 2024, the Walton family's net worth was estimated to be US$432.4 billion.
Walmart is the largest e-commerce market who has acquired 77% in Flipkart by investing $16 billion. Wal-Mart India Private Limited (“Walmart India”) is a wholly owned subsidiary of Walmart Inc., the world's leading retailer renowned for its efficiency and expertise in logistics, supply chain management and sourcing.
Buying $1000 In WMT: If an investor had bought $1000 of WMT stock 10 years ago, it would be worth $4,042.92 today based on a price of $97.34 for WMT at the time of writing.
Walmart confirmed to USA TODAY that, outside of manager roles, cake decorators are the highest-paid hourly positions at U.S. Walmart stores, earning $19.25 an hour on average. Walmart employs about 1.6 million people in the U.S. and more than 2 million worldwide. Over 6,000 employees are cake decorators.
Highest Paid CEO in the World: Elon Musk is the highest paid CEO in the world with earnings around $23.5 billion. Following him are other big names like Tim Cook of Apple, Sundar Pichai of Alphabet (Google's parent company), Jensen Huang of Nvidia, and Reed Hastings of Netflix.
Andy Jassy. Andrew R. Jassy (born January 13, 1968) is an American business executive who is the president and chief executive officer of Amazon since July 2021, succeeding founder Jeff Bezos, who remains executive chairman. Jassy was SVP and CEO of Amazon Web Services from 2003 to 2021.
Walmart operates in the United States and numerous international markets, including countries in North/Central America (Canada, Mexico, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua), South America (Chile), Africa (Botswana, Ghana, Kenya, Lesotho, Malawi, Mozambique, Namibia, Nigeria, South Africa, Eswatini, Tanzania, Uganda, Zambia), and Asia (China, India). The company uses different store names, like Lider in Chile or Bodega Aurrerá in Mexico, but maintains a global presence.
Paris Hilton is rich through a massive brand empire built on product licensing (especially fragrances), DJing, endorsements, and media, turning her "heiress" status into a self-made business, with her company generating billions in revenue, though she doesn't directly inherit the main Hilton hotel fortune. Her ventures include dozens of product lines (perfumes, skincare, clothing), retail stores, real estate, NFTs, and tech investments, transforming her early fame from reality TV and paparazzi into a global business brand.
Walmart, by contrast, is the world's largest retailer, operating more than 10,750 stores worldwide across formats that include supercenters, neighborhood markets, discount stores and Sam's Club, alongside a rapidly expanding e-commerce and digital advertising platform.
While Walmart has historically been the largest company by revenue, recent data from late 2024/early 2025 indicates that Amazon has surpassed Walmart in annual revenue, driven by its booming cloud computing (AWS) and e-commerce growth, though Walmart remains a dominant force in physical retail and is a strong competitor. The "bigger" title depends on the metric: Walmart for overall U.S. retail presence, Amazon for digital/cloud dominance and now overall revenue.
You can join Walmart from India using Indian documents, with INR payouts, and you don't need a US tax ID. There's no monthly or setup fee, so you only pay referral fees when you make a sale —starting isn't risky. Setting up a seller account is easy if you've got your business docs handy.
Flipkart acquires 100% interest in Wal-Mart India Private Limited, which operates the Best Price wholesale business, to strengthen capabilities and business-to-business service offering; Will leverage talent, strong technology backbone, deep merchandising expertise and logistics infrastructure to accelerate growth and ...
