Share This Article
Is Walmart Owned By China In 2022? (Owners, Products + More)
|
|
|
|
Formerly |
|
---|---|
Type |
Public |
ISIN |
US9311421039 |
Industry |
Retail |
Founded |
|
Founder |
Sam Walton |
Headquarters |
,
U.S.
|
Number of locations
|
10,593 stores worldwide (January 31, 2022) [2] [3] |
Area served
|
Worldwide |
Key people
|
|
Products |
Supermarket , Hypermarket , Superstore , Convenience shop |
Services | |
Revenue |
US$ 559.2 billion (2020) [4] |
US$22.55 billion (2020) [4] |
|
US$13.70 billion (2020) [4] |
|
Total assets |
US$252.5 billion (2020) [4] |
Total equity |
US$87.53 billion (2020) [4] |
Owner |
Walton family (50.85%) [5] |
Number of employees
|
2,300,000 (Jan. 2021) [4] U.S.: 1,600,000 |
Divisions |
|
Subsidiaries |
List of subsidiaries |
Website |
walmart.com |
Footnotes / references [6] [7] [8] |
Walmart was founded in Bentonville and has outlets around the globe.
Is Walmart Owned by China In 2022?
Walmart is not owned by China as of 2022. Walmart shares are owned by shareholders and the Waltons, who were Walmart’s founder family. Walton Enterprises LLC is their family’s share. Walton Family Holdings Trust is another. Other American investors such as Vanguard Group own 5% in shares.
Are You able to find Walmart China?
Yes, Walmart stores have been operating in China since 1996. You’ll find Walmart HyperMarkets, Sam’s Club, and Walmart Supermarkets in locations such as Beijing and Shenzhen.
There are currently 400 units of retail in over 180 cities across the country. More than 95% are local-sourced merchandise.
Walmart integrated Sam’s Club and Walmart in the Chinese ecommerce sector recently, with around 20 Walmart distribution points across China.
Walmart Owned by Who?
Walmart currently belongs to the Walton family. It was originally founded as Walmart Discount City in 1962 by Sam Walton, Bentonville.
Walton relatives have been actively involved in the growth and maintenance of Walmart ever since.
Walton currently holds 50% of the overall shares via Walton Enterprises LLC, Walton Family Holdings Trust and Walton Enterprises LLC.
Walmart: Who are the top shareholders?
Walton Enterprises LLC is a private holding company that owns approximately 50% of the total shares; this is where the original Walton family manages its ownership interests in Walmart.
Walton Family Holdings Trust was formed to ensure a good balance of family and non-family ownership.
Vanguard Group Inc is an American-based investor that represents approximately 5% Walmart.
Walmart, a publicly traded company, is also owned by State Street Global Advisors and Black Rock Fund Advisors.
Walton Enterprises LLC and Walton Family Holdings Trust are the only investors who own over 10% of Walmart.
You can read my posts about Walmart to learn more.
Conclusion: Is Walmart Owned by China?
China doesn’t own Walmart. Walmart was created and own by the Walton families. They own 50% of Walton Enterprises LLC’s total shares and Walton Family Holdings Trust. Vanguard Group Inc., an American company, is one of the top investors.
.Is Walmart Owned By China In 2022? (Owners, Products + More)