- Lukas Walton, 33, is the grandson of Sam Walton, the American businessman who created the Walmart empire.
- After his father, John T. Walton, died in a plane crash in 2015, Lukas reportedly inherited a third of his fortune.
- As of February 18, 2020, the Bloomberg Billionaires Index lists Lukas as the 59th richest person in the world with a net worth of $18 billion.
- Lukas now serves as the Environment Program Committee Chair for the Walton Family Foundation.
- He keeps a low public profile and not much else is known about his personal life.
- Visit Business Insider’s homepage for more stories.
Lukas Walton is the grandson of Sam Walton, founder of Walmart and Sam’s Club.
Source: Forbes, The New York Times
Lukas’ father, John T. Walton, was Sam’s second-oldest son. In 2005, John died while piloting an ultra-light, homemade aircraft that crashed shortly after takeoff.
Source: The New York Times, Business Insider, Bloomberg
Lukas grew up in National City in San Diego, a town with a median income of $30,000, according to a 2000 census.
Source: Intelligencer
When he was only 3 years old, Lukas was diagnosed with a rare kidney cancer that spread to his lungs.
Source: Intelligencer
Within 5 months he had recovered, which his mother, Christy, attributed to a plant-based diet with produce sourced from her own garden.
Source: Intelligencer
Following John's premature death, Christy and Lukas moved to Jackson, Wyoming, where Lukas lives to this day.
Source: Intelligencer, Forbes
John left about one-sixth of his fortune to his wife, Christy, one-third to his only son, Lukas, and the remaining half to charitable trusts.
Lukas also inherited his father's 20% interest in Walton Enterprises, the family holding company that, together with a different family trust, owns a 50.2% stake in Walmart.
Source: Business Insider, Bloomberg
Forbes listed Lukas as the 28th richest American in 2019 but gave him a self-made score of one (out of 10), indicating that he inherited his fortune but is not actively increasing it.
Lukas attended Colorado College where he created his own major focusing on environmentally sustainable business and later studied energy efficiency and hydrological/geothermal energy in Iceland.
Source: Forbes, Intelligencer, Walton Family Foundation
Rob Walton, the eldest son of Sam Walton, believes that his family's 'environmental focus really grew out of a family connection to the land.'
Source: Walton Family Foundation
Sam and his wife, Helen, are said to have instilled a love for the environment in their children and grandchildren, with yearly outings to places like the Buffalo National River, Yellowstone, and the Grand Canyon.
Source: Walton Family Foundation
In recent years Lukas has applied his studies and passion for sustainable business to investments and projects undertaken by the Walton Family Foundation, an organization aimed at finding solutions to social and environmental problems.
Source: Walton Family Foundation
Lukas serves as the Environment Program Committee Chair and is also a Board Member for the organization. He is reported to have donated at least $149 million of his own fortune to the foundation.
Source: Walton Family Foundation, Forbes
Forbes reports that between 2014 and 2018 the Walton Family Foundation donated almost $1 billion to K-12 education programs and $441 million to environmental projects.
Source: Forbes, Walton Family Foundation
On the foundation's work, Lukas recalled that 'one of the first grants that we did back in the day was help to develop a sustainable fisheries label. That to me, was a shooting star, was a golden emblem of what would be a successful marketplace development.'
Source: Walton Family Foundation
Besides his work for the Walton Family Foundation, Lukas keeps a low public profile. He has no known social media sites and other personal details are largely absent online.
Source: Business Insider