Steuart Walton Biography & Net Worth
|Popular Name:||Steuart Walton|
|Real Name:||Steuart Walton|
Bentonville, Arkansas, United States
|Spouse(s):||Kelly Rohrbach (m. 2019)|
|Profession:||Attorney, Businessman, Philanthropist|
|Net Worth:||$300 million|
|Last Updated:||December, 2020|
Steuart Walton is a highly regarded American attorney, businessman, and philanthropist. He was born into the prestigious billionaire Walton family, and currently serves as a director of Walmart, the largest company in the world (by revenue). He is the founder of the composite aircraft manufacturing firm Game Composites, and one of the founders of the private equity firm RZC Investments, which acquired British cycling brand Rapha in 2017. This young businessman has found a way to amass hundreds of millions of dollars at such a young age, but it doesn’t come as a surprise owing that he was born into one of the wealthiest families in the world. Despite having his family’s wealth to show for, Steuart has never folded his arms just to sit back and enjoy his family’s affluence. He has been very active in the face of businesses and has worked with several organizations. He currently occupies a tasking position at walmart, and makes sure he gives his job his all so as to keep the company afloat for more years to come. Find Steuart Walton’s biography and success story in the remainder of this article if you read on.
Steuart Walton’s Early Life
Walton was born in Bentonville, Arkansas, United States in 1981. His parents were Jim Walton and Lynne McNabb. His father, Jim, was a former director of Walmart. His paternal grandfather, Sam Walton founded the Walmart Company.
He acquired a bachelor’s degree in business administration from the University of Colorado Boulder, and then attended Georgetown University Law Center where he earned a law degree.
Steuart Walton’s Career
After his graduation, Steuart Walton started working for Republican Senator Peter Fitzgerald in 2004. Subsequently, he moved on to work at a law firm in Santiago, Chile. From 2007 to 2010, he served as a lawyer at Allen & Overy.
Walton joined Walmart’s mergers and acquisitions division and also worked at the company’s Carnaby Street office in London, England. In 2013, he left Walmart and moved to start his own company. A pilot as well, Walton founded a composite aircraft manufacturer called Game Composites, headquartered in Northwest Arkansas. He currently serves as the chairman of this company.
On June 3 2016, Steuart Walton joined the board of Walmart. He then combined with his brother, Tom Walton, and they came up with an impressive idea to establish the investment company, RZC Investments. The company bought a majority stake of the British bikewear business Rapha in 2017. They also invested in the road-bike manufacturer Allied Cycle Works.
Philanthropy & Political activity
Steuart Walton and his brother, Tom Walton, who the investment company, RZC Investments, are mountain biking enthusiasts. They were influential in the $15 million Walton Family Foundation’s charitable contribution to set up the Razorback Regional Greenway in 2015.
Born in Bentonville, Arkansas, Walton’s philanthropic efforts contributes to his hometown and state. In 2016, Steuart and Tom played an important role in their family foundation’s $20,000 contribution for the expansion of a park at the Samaritan Community hub in Bentonville. Walton helped Bentonville become host city for the International Mountain Bicycling Association World Summit of 2016. In the same year, Steuart and his brother Tom introduced the Innovation Competition to aim on strong downtowns and healthy living in Benton County, Arkansas.
Walton serves on the boards of directors of Leadership for Educational Equity, Smithsonian National Air and Space Museum, and Crystal Bridges Museum of American Art. Through their efforts with the Crystal Bridges Museum of American Art, Steuart and Tom Walton inspired a project renovating a 63,000-square-foot former cheese plant in Bentonville into “The Momentary,” display space for contemporary art, theater, music and film.
Steuart Walton spoke about the benefits of bike trails at the Aspen Ideas Festival in 2016. In 2017, he worked with the Walton Family Foundation and granted $787,000 to 6 Benton County cities to boost and diversify the tree canopy of the region. The program allows the cities plant large trees near parks, trails, highways, and other public places.
In 2012, he donated $299,500 to the Keep Dollars in Benton County organization, which advocated for the successful endeavor to allow retailers sell alcohol in Benton County, Arkansas.
Personal Life & Family
Steuart Walton tied the knot with actress and model Kelly Rohrbach in 2019. Kelly graduated from Georgetown University in 2012.
Steuart Walton Net Worth
This American attorney and businessman is best known for being one of the members of the billionaire Walton family. He is the nephew of Alice Walton, S. Robson Walton, and John T. Walton. Despite having been born into such a wealthy family, this young man still has the zeal to work and fend for himself instead of rely on his family’s fortune. He founded his own companies and also serves as a director of the family business, Walmart.
Steuart Walton net worth is $300 million. This business-minded attorney now has several sources of income via his position at walmart, and also earnings from his companies RZC Investments and Game Composites. He owns a home in Malibu’s Point Dume neighborhood which he acquired for $14 million in 2018.