Walmart Founder Sam Walton's Genius Move: Why He Never Gave His 5 Kids Company Stock

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Shomik Sen BhattacharjeeMon, December 29, 2025 at 11:46 AM GMT+1 3 min readSam Walton's estate planning is drawing attention after a Miami attorney described how the Walmart Inc. (NASDAQ:WMT) founder walled off his heirs' stake from divorce courts, avoiding the kind of splintering that wrecks family fortune.Jose M. Ferrer, a highly rated attorney in Miami, Florida, specializing in business litigation, international litigation and arbitration and complex commercial cases, said Walton's key move was keeping Walmart stock out of his children's personal names.Don't Miss:These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividendsAn EA Co-Founder Shapes This VC Backed Marketplace—Now You Can Invest in Gaming's Next Big Platform"Sam didn’t give the shares of Walmart to any of his kids. He put them in a trust and gave his children rights in that trust," Ferrer said. "And the terms of that trust are simple. No matter what happens, how many people you marry, and how many times you get divorced, the shares don’t leave the trust. And that trust, it’s only managed by the Walton family.""So, if you are founder and you have a family and you have kids, you have to understand that not every marriage is going to survive, that some marriages are going to break up, and that you can’t allow your children’s marriages to dissolve the company that you built," he added.Walton also used the family partnership Walton Enterprises and later the Walton Family Holdings Trust, keeping Walmart stock in family-controlled entities instead of as marital property, so even multiple divorces among heirs never pried core shares away. This structure meant the stock belonged to the family entities, not to individual spouses, insulating ownership when marriages fell apart.See Also: Deloitte's #1 Fastest-Growing Software Company Lets Users Earn Money Just by Scrolling — Accredited Investors Can Still Get In at $0.50/Share.Ferrer contrasted that with the Vanderbilts, an American family who gained prominence during the Gilded Age, whose wealth thinned over generations as ownership left the family in divorces and inheritances.Today, all three surviving children, Rob, Jim and Alice Walton, are firmly in the $100 billion club, while the broader heir group, including grandson Lukas, controls nearly $440 billion in wealth, according to Bloomberg Billionaires Index data.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,964.25 -15.00 (-0.21%)Dow Futures49,010.00 +12.00 (+0.02%)Nasdaq Futures25,755.50 -107.75 (-0.42%)Russell 2000 Futures2,550.90 -0.50 (-0.02%)VIX14.83 +1.23 (+9.04%)Gold4,483.00 -69.70 (-1.53%)Trending tickersBTC-USD Bitcoin USD 87,678.95 -108.73 (-0.12%)FTEL Fitell Corporation 0.7299 +0.0499 (+7.34%)ETH-USD Ethereum USD 2,962.39 +21.00 (+0.71%)DTCK Davis Commodities Limited 0.3951 +0.1572 (+66.08%)NOVO-B.CO Novo Nordisk A/S 327.55 -4.00 (-1.21%)PortfolioSign in to access your portfolioSign inTop gainersELPC Companhia Paranaense de Energia 9.65 +0.79 (+8.92%)PSLV Sprott Physical Silver Trust 26.04 +2.08 (+8.68%)ZETA Zeta Global Holdings Corp. 20.70 +1.59 (+8.32%)CPNG Coupang, Inc. 24.27 +1.47 (+6.45%)XPEV XPeng Inc. 20.78 +1.21 (+6.18%)Top losersRGC Regencell Bioscience Holdings Limited 21.16 -3.44 (-13.98%)FLY Firefly Aerospace Inc. 23.34 -3.70 (-13.68%)TMC TMC the metals company Inc. 6.82 -0.80 (-10.50%)AAOI Applied Optoelectronics, Inc. 37.17 -3.83 (-9.34%)RGTI Rigetti Computing, Inc. 22.38 -2.13 (-8.69%)Most activeNVDA NVIDIA Corporation 190.53 +1.92 (+1.02%)TSLA Tesla, Inc. 475.19 -10.21 (-2.10%)PLUG Plug Power Inc. 2.0700 -0.0300 (-1.43%)ONDS Ondas Holdings Inc. 8.48 -0.65 (-7.12%)NIO NIO Inc. 5.10 +0.19 (+3.87%)Top economic eventsEarnings eventsMy earnings eventsEarnings events