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# 329 Nancy Laurie $7.22B

Random fact: Co-owned the St. Louis Blues ice hockey team from 1999 to 2006.


Laurie is the youngest daughter of James "Bud" Walton, co-founder of Wal-Mart, the world's biggest retailer by sales. After Bud's death in 1995, Nancy inherited half of her father's stake in the publicly traded Bentonville, Arkansas-based company. Her older sister, Ann Walton Kroenke, inherited the rest of the family's stake.

As of :
Last change +$45.2M ( +0.6%)
YTD change +$118M ( +1.7%)
Biggest asset WMT US Equity
Country / Region United States
Age 71
Industry Retail
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Nancy Laurie's net worth of $7.22B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Laurie's fortune is derived from her stake in Wal-Mart, the world's largest retailer by sales, according to the Global Powers of Retailing report. She doesn't have to disclose her ownership in the company because she owns less than 5% of Wal-Mart's outstanding stock. The billionaire inherited the interest from her father, James 'Bud' Walton, who died in 1995.

Walton owned about 40 million shares of the retailer at the time of his death, according to documents filed with the U.S. Securities and Exchange Commission. Laurie inherited half of this stake, according to a person familiar with the family's assets who asked not to be identified because the information is private. Nancy's sister Ann is credited with the other half. The calculation accounts for a two-for-one stock split in 1999.

She also owns Columbia, Missouri-based Providence Bank, which had a book value of $163 million as of Dec. 31, 2020, according to filings with the Federal Deposit Insurance Corporation. The valuation is based on the average price-to-book value multiple of three publicly traded peers: Old National Bancorp, Fifth Third Bancorp and UMB Financial.

The value of her cash investments is based on an analysis of dividends, insider transactions, taxes and market performance.


Family: Married, 1 child

Nancy Walton Laurie is the youngest daughter of James "Bud" Walton, who opened the first Wal-Mart retail store in Rogers, Arkansas, in 1962, with his brother, Sam. At the time of Bud's death 33 years later, Wal-Mart had become the world's largest retailer. She inherited about half of the shares when her father died in 1995. Her older sibling, Ann, received the rest.

Laurie graduated with a bachelor's degree in English from the University of Memphis, where she met her husband, Bill Laurie. He was the starting guard on the Memphis basketball team that played in the 1973 NCAA Championship game.

The billionaire started a New York-based dance group called the Cedar Lake Contemporary Ballet as well as the Columbia Performing Arts Centre, a dance studio located in Columbia, Missouri. She owned the St. Louis Blues professional ice hockey team with her husband from 1999 to 2006.

The couple has one daughter, Paige, and live in Henderson, Nevada, as well as Los Angeles. Their daughter returned her college degree from University of Southern California in 2005, after her former roommate, Elena Martinez, told ABC News's "20/20" that she was paid $20,000 to write term papers and assignments for Paige.

  • 1973 Graduates from the University of Memphis.
  • 1992 Uncle Sam Walton dies in Little Rock, Arkansas.
  • 1995 Father Bud Walton dies in Miami, Florida, at age 74.
  • 1999 Buys St. Louis Blues professional ice hockey team with her husband.
  • 2005 Daughter surrenders college degree after paying roommate to do her homework.
  • 2006 Sells St. Louis Blues to private equity firm.
  • 2011 Cousin Alice Walton opens Crystal Bridges art museum.
  • 2014 Daughter Paige divorces husband Patrick "Bo" Dubbert.