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What is Ann Walton Kroenke’s Net Worth?
Ann Walton Kroenke, an American billionaire heiress to the Walmart fortune, has an estimated net worth of $10.8 billion. The primary source of Ann Walton Kroenke’s wealth stems from her inheritance of Walmart stock from her father, James “Bud” Walton, who co-founded the company with his brother Sam Walton in 1962. Upon Bud Walton’s death in 1995, Ann and her sister Nancy Walton Laurie inherited his stake in the company, which has since grown significantly in value as Walmart expanded into a global retail powerhouse.
In addition to her Walmart holdings, Ann Walton Kroenke’s net worth is bolstered by her ownership of professional sports teams. She is the owner of the Denver Nuggets of the NBA and the Colorado Avalanche of the NHL.
Ann Walton Kroenke’s net worth is often considered in conjunction with that of her husband, Stan Kroenke, a successful real estate developer and sports mogul in his own right. Together, they form a formidable financial partnership, with some sources estimating their combined net worth to be around $12 billion.
However, it’s worth noting that Ann’s personal wealth of $10.8 billion is largely derived from her Walmart inheritance and is independent of her husband’s business ventures.
Here’s the breakdown of Ann Walton Kroenke’s net worth:
Name: | Ann Walton Kroenke |
Net Worth: | $10.8 Billion |
Date of Birth: | December 18, 1948 |
Profession: | Businessperson |
If you’re curious about how we estimate a celebrity’s net worth, you can check out our methodology here.
Early Life
Ann Walton Kroenke was born on December 18, 1948, in Bentonville, Arkansas. She is the daughter of James “Bud” Walton, who co-founded Walmart with his brother Sam Walton in 1962.
Growing up in a family that would become one of the wealthiest in America, Ann had a relatively privileged upbringing. She attended Lincoln University in Missouri, where she earned a degree as a Registered Nurse.
Inheritance
The cornerstone of Ann Walton Kroenke’s substantial net worth stems from her inheritance of Walmart stock. When her father, Bud Walton, passed away in 1995, Ann and her sister Nancy Walton Laurie inherited his stake in the retail giant.
This inheritance provided Ann with a significant portion of Walmart stock, which has grown tremendously in value over the years as the company expanded into a global retail powerhouse.
While Ann does not have an active role in Walmart’s operations as a board member or executive, her inherited stake forms the foundation of her multi-billion dollar net worth.
Personal Life
Ann Walton met her husband, Stan Kroenke, during a ski trip to Aspen, Colorado. The couple married in 1974 and have two children together: Josh and Whitney Ann.
Her marriage to Stan Kroenke, a successful real estate developer and sports mogul in his own right, has likely contributed to her overall wealth through their combined business ventures.
The couple resides in Columbia, Missouri. Despite her immense wealth, Ann is known for maintaining a relatively low profile, focusing on her family and philanthropic efforts rather than seeking public attention.
Sports Teams
While much of Ann Walton Kroenke’s wealth comes from her Walmart inheritance, she has also diversified her portfolio through sports team ownership. She is the owner of the Denver Nuggets of the NBA and the Colorado Avalanche of the NHL.
These teams are held in her name through Kroenke Sports & Entertainment, the family’s sports and entertainment company. The success of these franchises, particularly the Avalanche’s recent Stanley Cup victory, has contributed to the growth of her net worth.
It’s worth noting that while Ann is the official owner of these teams, her husband Stan and son Josh are more actively involved in their day-to-day operations.
Ashley Roberts is the founder of Real-Time Billionaires List. She founded this platform because she likes to know how much celebrities are actually making. She is always curious why these people can make much more money than the ordinary person.
With a Bachelor’s degree in finance, she is skilled at financial analysis and understands numbers related to wealth. Most of the articles on this site are edited by herself before publishing.
