Walton Enterprises LLC (WEI) is an American investment holding company based in Bentonville, Arkansas, that serves as a family office to manage the wealth of the Walton family, the owners of Walmart.
Walton Enterprises is Walmart's largest shareholder and the world's largest family office.[3]
Background
In the early 1950s, Sam Walton was building his business by opening retail stores. His father-in-law, Leland Robson, convinced him that he should organize his own business as a family partnership.[4][5]
In 1953, Walton Enterprises was established.[5]