Ann Walton Kroenke – Business Owner

When children are asked what they want to be in the future, the probability of hearing them say ‘businessman’ is quite high. With the way the world is moving forward, joining the business industry has become popular.

Even if one manages to run a business successfully, there are very few who can compete against Walmart. When wanting to learn how to do business, there is no one better than Walmart’s owner Ann Walton Kroenke. Let us know more about her.

Ann Walton Kroenke’s Wonderful Family

What makes a person truly rich is a beautiful and strong bond between family members. Where many run after money and severe the bonds with the family, Ann is an exception.

Ann Walton Kroenke’s husband is Stan Kroenke, with whom she has been married since 1974. The couple has two wonderful children, son Josh Kroenke and daughter Whitney Ann Kroenke. Speaking of Whitney, she is married to Nyck Silverstein.

Ann has a wonderful life with her family and husband. Image Source: Pinterest.

Ann and her sister Nancy Walton Laurie are the daughters of father Bud Walton and mother Audrey Walton. This makes Ann the niece of Sam Walton, Bud’s brother.

The billionaire also has a wonderful relationship with her relatives. Ann has four cousins named Jim C. Walton, Alice Walton, S. Robson Walton, and John T. Walton. Along with the cousins, Ann is also close to her niece Paige Laurie.

Accumulating Her Wealth

Walmart has become one of the most profitable retailers in the US. Having her family own 51% of this franchise, it would be an understatement to say that Ann Walton Kroenke is wealthy. Ann became one of the two owners of this stock after her father, James ‘Bud’ Walton, passed away, leaving all his stocks to the two daughters. She shares the stock with her sister Nancy Walton Laurie.

Ann and her sister became the owner of Walmart after their father passed away. Image Source: Pinterest.

The first Walmart store was set up in 1962 by Ann’s father and uncle in Arkansas. But it wasn’t until 1969 that the company was incorporated. In 1972, Walmart was first introduced on the New York Stock Exchange, and 26 years later became the most profitable retailer in the US and the world.

Net Worth and Earnings

According to Forbes, the registered nurse, and mom, Ann Walton Kroenke’s net worth is an astonishing $7.7 billion. Ann earns this amount from her stocks of Walmart. Despite owning so much, Ann is not involved in running the retailer.

Ann Walton Kroenke has an estimated net worth of $7.7 billion, which she earns mostly from her stocks in Walmart. Image Source: Forbes. 

Along with being the owner of Walmart, Ann and her husband, Walton Kroenke, are the owners of a few sports teams. These teams are the Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, and the ever so popular Arsenal Football Club. When, if they choose, to sell the teams, their earnings will be quite a lot.

Speaking of Ann’s husband, Stanley Kroenke’s net worth is estimated at $9.7 billion.

Assets Of The Billionaire

Being a billionaire means that owning a few expensive things, to say the least. Such is also the case for billionaire couple Anne and Stan. Some of these expensive things include Ann Walton Kroenke’s house and yacht.

Ann and her partner are the owners of one of the most expensive houses in the US. The couple spent over $33 million to buy a house from the Beckhams and paid it all in cash. The house measures 11,500 square feet and is equipped with six fireplaces, nine bathrooms, six bedrooms, mature canary palms, a courtyard and a swimming pool to boot.

Ann and her husband bought a luxurious house for over $33 million. Image Source: Virtual Globe Trotting.

Along with an expensive yacht, the billionaire couple also owns the luxury yacht called the AQUILA. This wonderful yacht was built as Cakewalk for Charles Gallagher, owner of the Gallagher Industries. The yacht, with its fantastic, built and design, is valued at at least $150 million.

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