Grandfather, Samuel Moore Walton, grew up in Columbia, Missouri; in 1940, he joined J.C. Penney as a Management Trainee. Two years later, Samuel was drafted into the U.S. Army Intelligence Corps. After his discharge from the army, Samuel took a $20,000 loan from his father-in-law and purchased a Ben Franklin variety store in Newport, Arkansas. After a dispute with his landlord, Samuel relocated his store to Bentonville, Arkansas in 1950. He subsequently opened several Ben Franklin stores in Arkansas, Kansas and ...Contact us to see more Biography
- Institution Name:
- Colorado College
- Qualification Name:
- Bachelor's degree
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When Walton's father died in 2005, he left a large estate that includes stakes in Wal-Mart Stores, First Solar and Arvest Bank Group. Lukas Walton reportedly inherited one third of that estate.Contact us to see more Interesting Facts
Interests, Passion, Hobbies
Kind of Interests, Passion and Hobbies: Philanthropy
Description: Serves as a Director of the Walton Family Foundation.
Kind of Interests, Passion and Hobbies: Education
Description: The Walton family has been supporting educational causes; the Walton Family Foundation has donated more than $1 billion to education reform.
Kind of Interests, Passion and Hobbies: Finance
Description: Former Intern at True North Venture Partners and is currently a Partner at private equity firm, Cuna del Mar.
Giving Profile: Walton serves as a Director of the Walton Family Foundation, which carries out the philanthropic endeavors of the Walton family. In 2013, the foundation had assets exceeding $1.7 billion and donated more than $310 million; gives primarily to education, healthcare, community development, arts and environmental causes. Notable donations include: $8 million to StudentsFirst in 2013, $20 million to the Jones Trust in 2012, $25 million to KIPP Foundation in 2011, $49.5 million to Teach For America Chicago in 2011, $200 million to University of Arkansas in 2011, $17 million to John Brown University from 1998 to 2006, $9 million to College of Wooster from 2003 to 2005, $8 million to Alliance for School Choice from 2005 to 2010, $4 million to the University of California San Diego Foundation from 2003 to 2007, $15 million to the University of the Ozarks from 1998 to 2006, $53 million to Environmental Defense Fund from 2004 to 2012, $50 million to Children's Scholarship Fund from 2009 to 2013, $15 million to the California Charter Schools Association from 2005 to 2011, $90 million to Marine Conservation from 2011 to 2013, and $1.2 billion to Crystal Bridges Museum of American Art. The foundation has donated more than $1 billion million to education reforms. The Walton family has established the Sam M. Walton College of Business at the University of Arkansas and the Walton Arts Center in Fayetteville, Arkansas. Walton's family has reportedly donated more than $2 billion to the foundation since 2007.Contact us to see more Philanthropy
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