Ann Walton Kroenke is a renowned heiress to the Walmart fortune. She, alongside her sister Nancy Walton Laurie, inherited a significant stock from their father, Bud Walton, following his death in 1995.
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Bud was not just any businessman; he was a brother and an early business partner of Walmart’s founder, Sam Walton. This article delves into the life of Ann Walton Kroenke, exploring her journey from heir to a retail magnate.
Table of Contents
Who is Ann Walton Kroenke?
Ann Walton Kroenke, born on December 18, 1948, is an American heiress and businesswoman. She is best known for her inheritance of the Walmart fortune and her significant involvement in various business ventures, including sports franchises.
Ann Walton Kroenke Bio
| Aspect | Details |
|---|---|
| Full Name | Ann Walton Kroenke |
| Birth Date | December 18, 1948 |
| Age (as of 2024) | 76 years old |
| Nationality | American |
| Ethnicity | Not specified |
| Parents | Bud Walton (Father), Audrey Walton (Mother) |
| Siblings | Nancy Walton Laurie |
| Spouse | Stan Kroenke (Married in 1974) |
| Children | Josh Kroenke, Whitney Ann Kroenke |
| Education | Associate’s degree in nursing science from Lincoln University of Missouri (1972) |
| Net Worth | $8.3 billion USD as of 2024 (various sources report different figures, ranging from $5 million to $12 billion) |
| Known For | Heiress to Walmart fortune, ownership of sports teams |
| Sports Team Ownership | Denver Nuggets (NBA), Colorado Avalanche (NHL) |
| Husband’s Ownership | Los Angeles Rams, Arsenal, Colorado Rapids, Colorado Mammoth |
| Philanthropy | Known for philanthropic efforts, with a specific score of 1 according to Forbes |
| Yacht Ownership | Yacht Aquila, valued at US$ 150 million |
| Zodiac Sign | Sagittarius |
| Relationship with Walton | Daughter of Bud Walton, who was the brother and business partner of Walmart founder Sam Walton |
| How She Made Money | Primarily from her stake in Wal-Mart Stores, inherited from her father |
| Connection to Josh Kroenke | Josh Kroenke, her son, is also heir to the Walmart fortune through Ann Walton Kroenke |
| Meeting with Stan Kroenke | Met on a ski trip to Aspen, Colorado |
| Relation to Walton Family | Through marriage to Ann Walton Kroenke, Stan Kroenke is connected to the Walton family, founders of Walmart |
How Old is Ann Walton Kroenke?
76 years old, as of 2024
As of 2024, Ann Walton Kroenke is 76 years old. Her birthday marks a significant journey that spans over seven decades, filled with business accomplishments and personal milestones.
Career
Ann Walton Kroenke’s career extends beyond just being an heiress. She is the owner of the Denver Nuggets of the NBA and Colorado Avalanche of the NHL. Her business acumen is evident in her diverse portfolio, which includes real estate and sports franchises.
How did Ann Walton Kroenke Get Famous?
Ann Walton Kroenke’s fame is rooted in her Walton lineage and her shrewd business decisions. Her inheritance of Walmart stocks catapulted her into the limelight, but it’s her management and expansion of her investments that have kept her there.
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Do Ann Walton Kroenke Have Kids?
Yes, Ann Walton Kroenke has two children: a daughter, Whitney Ann Kroenke, a film producer and philanthropist, and a son, Josh Kroenke, President and Governor of the Denver Nuggets and Colorado Avalanche.
Ann Walton Kroenke Net Worth
$8.3 billion
As of 2024, Ann Walton Kroenke’s net worth is estimated at $8.3 billion. This staggering fortune places her among the wealthiest individuals globally.
The Walmart Heiress’s Retail Riches
Ann Walton Kroenke’s wealth largely stems from her Walmart inheritance, valued at over $9 billion. Her wise investments in sports and real estate have further amplified her financial portfolio, solidifying her status as a retail magnate.
How did Ann Walton Kroenke make her money?
her stake in Wal-Mart Stores
A significant portion of Ann Walton Kroenke’s wealth originates from her shareholdings in Wal-Mart Stores. As her ownership is less than 5% of the company’s total shares, she is not required to publicly disclose her stake. This considerable asset was passed down to her following the death of her father, Bud Walton, in 1995.
How did Kroenke make his money?
involvement in various real estate ventures.
Stan Kroenke’s wealth and success are largely due to his significant involvement in the real estate sector. In 1983, he established the Kroenke Group, a real estate development company that has played a crucial role in creating many shopping centers throughout the United States.
Conclusion
Ann Walton Kroenke’s life story is one of privilege, responsibility, and business acumen. From inheriting a fortune to building her empire, her journey is a testament to the power of strategic investment and vision.
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FAQs about Ann Walton Kroenke
- What is Ann Walton-Kroenke’s relationship with Walmart?
- Ann Walton-Kroenke inherited a significant portion of Walmart stock from her father, Bud Walton, making her a key stakeholder in the company.
- What sports teams does Ann Walton-Kroenke own?
- She owns the Denver Nuggets (NBA) and Colorado Avalanche (NHL).
- What is Ann Walton-Kroenke’s net worth?
- As of 2023, her net worth is estimated at $8.3 billion.
- How did Ann Walton-Kroenke expand her wealth?
- Beyond her Walmart inheritance, Ann has invested in sports teams, real estate, and other business ventures.
- What is Ann Walton-Kroenke’s educational background?
- Ann graduated from Lincoln University of Missouri in 1972 with an associate’s degree in nursing science.
