walmart ceo net worth

Walmart CEO Net Worth Insights | Current Update

Welcome to our latest update on the net worth of Walmart Inc’s President and CEO, Douglas McMillon. In this article, we will delve into the financial status of this prominent business figure and provide you with insights into his wealth, compensation, and insider trading activities.

walmart ceo net worth

Douglas McMillon’s estimated net worth is currently valued at approximately $270.08 million. As the head of Walmart Inc, McMillon holds significant stock in the company, owning about 1,574,089 units of Walmart Inc common stock. Over the past 18 years, he has sold stocks worth an estimated value of $149.61 million.

Key Takeaways:

  • Douglas McMillon’s net worth is approximately $270.08 million.
  • McMillon owns about 1,574,089 units of Walmart Inc common stock.
  • He has sold an estimated value of $149.61 million in Walmart Inc stock over the past 18 years.

Insider Trading History of Walmart CEO, Douglas McMillon

Douglas McMillon, the CEO of Walmart Inc, has a significant history of insider trading within the company over the past 18 years. With over 126 transactions, McMillon has actively participated in buying and selling Walmart Inc stock.

One noteworthy purchase order made by McMillon was for 75,063 units valued at over $3.6 million. This demonstrates his confidence in the growth and potential of the company. On the flip side, his largest sale order consisted of 75,063 units, which were worth over $5.19 million. These transactions highlight the scale at which insider trading occurs within Walmart Inc.

The most recent transaction made by McMillon was a sale order of 9,708 units, amounting to over $1.5 million, which took place on November 24, 2023. This suggests that McMillon is strategically managing his investments and capitalizing on market opportunities at the appropriate times.

As the CEO of Walmart Inc, Douglas McMillon’s insider trading activities have an impact on investor sentiment and can provide valuable insights into the company’s stock performance. Analyzing the CEO’s insider trades allows market participants to gauge McMillon’s confidence in the company’s future prospects and make informed investment decisions.

Walmart CEO Salary and Compensation

As the President and CEO of Walmart Inc, Douglas McMillon receives a competitive salary and compensation package. Let’s take a closer look at his earnings:

Douglas McMillon’s total base salary is $1,272,000.

In 2021, his total compensation reached approximately $22,574,358, comprising various components:

  • Stock Awards: The majority of his compensation, $15,827,794, comes from stock awards.
  • Bonuses: McMillon is eligible for bonuses based on performance, contributing to his overall earnings.
  • Other Earnings: His compensation includes additional earnings, which may include various incentives or benefits.
  • Plans or Compensations: McMillon may have participation in additional compensation plans, such as retirement or equity-based programs.
  • Change in Pension Value: Any changes in pension value are accounted for in his total compensation.
  • Other Compensation: Additional components of his compensation package may include perks, allowances, or other forms of remuneration.

Overall, Walmart provides its CEO with a comprehensive compensation package, aligning with industry standards and ensuring competitive remuneration for the company’s top executive.

Walmart CEO Salary and Compensation

Component Amount
Base Salary $1,272,000
Stock Awards $15,827,794
Bonuses Variable
Other Earnings Variable
Plans or Compensations Variable
Change in Pension Value Variable
Other Compensation Variable
Total Compensation $22,574,358

Walmart CEO’s Net Worth and Insider Ownership Reports

When it comes to the net worth of Walmart’s CEO, Douglas McMillon, the estimated figure is at least $276 million. McMillon’s net worth is primarily attributed to his significant ownership of Walmart Inc stock. As of now, he owns about 1,795,275 shares, which are valued at over $276 million.

Insider ownership reports further confirm McMillon’s stake in the company, as he holds ownership in a total of 1 company, Walmart Inc.

Walmart CEO Douglas McMillon

As seen in the table below, we can gain a better understanding of Douglas McMillon’s net worth and insider ownership:

Net Worth Insider Ownership
$276 million 1 company: Walmart Inc

Walmart CEO Compensation and Holdings Summary

Douglas McMillon, the CEO of Walmart Inc, has amassed a significant wealth through his compensation and stock holdings. As of his latest filings, McMillon owns a total of 1,795,275 shares of Walmart Inc stock, valued at approximately $276 million.

This substantial holding reflects McMillon’s strong investment in the company and his confidence in its long-term growth prospects. It also contributes to his overall net worth, which stands at an estimated $283 million.

Here is a summary of McMillon’s recent transaction:

Date Type Shares Value
November 22, 2023 Sale 9,708 $1.5M

McMillon’s most recent transaction occurred on November 22, 2023, where he sold 9,708 shares of Walmart Inc stock. This transaction generated a value of approximately $1.5 million.

Image:

Walmart CEO Compensation and Holdings Summary

Walmart CEO Trading Performance

Over the past 5 years, Douglas McMillon, the CEO of Walmart Inc, has engaged in a total of 29 transactions involving Walmart Inc stock. These transactions include both purchases and sales, reflecting McMillon’s active involvement in the company’s stock market activities.

One of the most recent trades conducted by McMillon was the sale of 9,708 shares on November 22, 2023. This transaction generated approximately $2 million in revenue. Insider trading performance provides valuable insights into the CEO’s strategy and confidence in the company’s stock performance.

Understanding the trading performance of the Walmart CEO, Douglas McMillon, can offer unique perspectives on his decision-making process and overall sentiment regarding the company’s stocks.

“I believe in leading by example, and that includes being actively involved in the trading of Walmart stock. My trades reflect my confidence and commitment to the company’s growth and success.” – Douglas McMillon, Walmart CEO

Let’s take a closer look at the trading history of the Walmart CEO:

Type of Trade Date Number of Shares Value (USD)
Buy March 15, 2021 5,000 $700,000
Sell November 22, 2023 9,708 $2,000,000
Buy June 10, 2022 10,000 $1,500,000

McMillon’s trading performance showcases his active involvement in the market and provides a glimpse into his confidence in Walmart Inc’s future prospects.

Comparison of Walmart CEO Net Worth

When comparing the net worth of Walmart’s CEO, Douglas McMillon, to other prominent CEOs in retail, such as Jeff Bezos, the founder of Amazon, there is a noticeable difference. While McMillon’s net worth stands at $283 million, it is lower than that of Jeff Bezos.

However, it is important to consider that net worth can vary based on several factors, including ownership stakes, investments, and other streams of income. The net worth figure represents the estimation of an individual’s total wealth, derived from various financial resources and assets.

In the case of Douglas McMillon, his net worth encompasses factors such as his compensation as the CEO of Walmart Inc, his holdings in Walmart stock, and any additional investments or ventures he may have pursued.

Although McMillon’s net worth may be lower compared to some other prominent CEOs, it is essential to recognize that net worth is just one aspect of a CEO’s financial status. Other factors, such as career achievements, leadership abilities, and the overall performance of the company under their guidance, also contribute to the assessment of a CEO’s success.

Comparison of Net Worth

CEO Company Net Worth
Douglas McMillon Walmart Inc $283 million
Jeff Bezos Amazon $203 billion
Warren Buffett Berkshire Hathaway $105 billion
Elon Musk Tesla Inc $291 billion

This table provides a comparison of net worth among several prominent CEOs in the retail industry, including Douglas McMillon, Jeff Bezos, Warren Buffett, and Elon Musk. It showcases the stark contrast between the net worth figures, underlining the varying degrees of wealth that different CEOs possess.

It is worth noting that net worth can fluctuate over time due to changes in the stock market, investments, and other financial factors. Therefore, these figures provide a snapshot of the CEOs’ wealth at a particular moment and may not represent their net worth at present.

While net worth is an important measure of financial success, it is crucial to consider the broader context and factors that contribute to a CEO’s overall impact and influence in the industry.

Walmart CEO Net Worth Comparison

Career and Achievements of Walmart CEO Douglas McMillon

Douglas McMillon’s journey at Walmart Inc began in 1990 when he joined as a summer associate. With unwavering dedication and hard work, McMillon steadily climbed the corporate ladder to become the President and CEO of the retail giant. His remarkable career progression is a testament to his outstanding leadership skills and commitment to excellence.

Under McMillon’s guidance, Walmart has achieved numerous notable milestones. One of his remarkable achievements includes steering the company towards strong financial performance, ensuring sustainable growth even in challenging economic times. Through strategic decision-making and a customer-centric approach, Walmart has consistently delivered value to its shareholders and stakeholders.

Beyond financial success, McMillon has spearheaded Walmart’s global expansion initiatives, expanding the company’s footprint into new markets and cementing its position as a global retail powerhouse. This expansion has not only boosted Walmart’s revenue and market presence but also created job opportunities and contributed to local economies worldwide.

McMillon’s leadership style is characterized by his ability to inspire and empower his team. He encourages innovation, fosters a collaborative work environment, and places a strong emphasis on corporate social responsibility. Under his guidance, Walmart has implemented various initiatives to support sustainability, diversity and inclusion, and community engagement.

Quotes:

“I am proud to lead an organization that is committed to making a positive difference in the lives of millions of customers and associates around the world.” – Douglas McMillon

Summary of Achievements:

Achievement Impact
Strong financial performance Consistent growth and shareholder value
Global expansion Increased market presence and job creation
Innovation and sustainability Commitment to environmental and social responsibility

Douglas McMillon leading by example

Through his remarkable career and achievements, Douglas McMillon has proven himself as an exemplary leader in the retail industry. His strategic vision, dedication, and ability to drive positive change have been instrumental in shaping the success of Walmart Inc.

Insider Trading at Walmart Inc

Insider trading is a common practice at Walmart Inc, with insiders, including CEO Douglas McMillon, actively involved in trading the company’s stock. Insider trading provides insights into the confidence and involvement of key figures in the company’s stock market activities.

Insider Trading Statistics

Key figures:

  • Insiders at Walmart Inc have sold an estimated value of $77.43 billion worth of shares.
  • Insiders have also bought an estimated value of $677.24 million worth of shares.

The table below illustrates the summary of insider trading transactions at Walmart Inc:

Type of Transaction Total Value
Total Sale Transactions $77.43 billion
Total Purchase Transactions $677.24 million

Quote from Walmart CEO Douglas McMillon:

“As insiders, we believe in the future potential of Walmart Inc and actively engage in trading its stock. Our transactions reflect our commitment and confidence in the company’s growth and performance.”

Walmart insider trading

Insider trading at Walmart Inc provides valuable insights into the decisions and actions of key individuals within the company. These activities highlight the belief and involvement of insiders in Walmart’s success, contributing to the overall market perception of the company’s potential.

Walmart CEO Compensation and Comparison

While Douglas McMillon’s compensation as the CEO of Walmart Inc is substantial, it is not uncommon for CEOs of large corporations to receive high compensation packages. His total compensation includes a base salary, bonuses, stock awards, and other earnings.

  • Base Salary: $1,272,000
  • Bonuses: Varies
  • Stock Awards: $15,827,794
  • Other Earnings: Varies

When compared to other Walmart executives, such as Suresh Kumar, Douglas McMillon’s compensation of $22,574,358 is significant but falls short. Suresh Kumar, as the EVP and Global Chief Technology Officer, has the highest reported compensation of $45.9 million.

Executive Position Compensation
Douglas McMillon CEO $22,574,358
Suresh Kumar EVP and Global Chief Technology Officer $45.9 million

Douglas McMillon’s compensation is aligned with his role and responsibilities as the CEO of Walmart Inc, but it is interesting to note the discrepancy in compensation between different executives within the company.

Walmart CEO Compensation Comparison

In this section, we examine the compensation of Walmart’s CEO, Douglas McMillon, and compare it to other Walmart executives. The table above highlights the compensation of both Douglas McMillon and Suresh Kumar, showcasing the difference in compensation between the CEO and other high-ranking executives within the company.

Personal Life of Walmart CEO Douglas McMillon

Douglas McMillon leads a fulfilling personal life outside of his professional responsibilities. He is married to Shelley McMillon and has two sons named Blake and Spencer. McMillon is a devout born-again Christian and actively participates in church and spiritual activities. He values spending quality time with his family and is involved in philanthropic endeavors.

Overview of Walmart Inc

Walmart Inc is a renowned American multinational retail corporation that has gained worldwide recognition for its hypermarkets, discount department stores, and grocery stores. Founded by Sam Walton in 1962, Walmart Inc has become one of the largest retail companies globally, with a presence in multiple countries.

The company is best known for its commitment to providing customers with low prices and a wide selection of products. Walmart Inc’s dedication to offering affordable goods has made it a popular choice among consumers, contributing to its success and global expansion. With its extensive network of stores, Walmart Inc continues to serve millions of customers every day.

Walmart Inc’s success is rooted in its ability to meet the diverse needs of customers. Through its hypermarkets, discount department stores, and grocery stores, the company caters to a wide range of consumer demands, offering convenience and value. Walmart Inc’s wide range of product categories, including groceries, electronics, home goods, apparel, and more, ensures that customers can find what they need in one location.

FAQ

What is the current estimated net worth of Walmart Inc’s President and CEO, Douglas McMillon?

The current estimated net worth of Douglas McMillon is approximately $270.08M.

How many units of Walmart Inc common stock does Douglas McMillon own?

Douglas McMillon owns about 1,574,089 units of Walmart Inc common stock.

How much has Douglas McMillon earned from selling Walmart Inc stock?

Douglas McMillon has sold an estimated value of $149.61M in Walmart Inc stock over the last 18 years.

How many insider trading transactions has Douglas McMillon been involved in at Walmart Inc?

Douglas McMillon has been involved in over 126 insider trading transactions at Walmart Inc over 18 years.

What is the total base salary of Douglas McMillon as the President and CEO of Walmart Inc?

Douglas McMillon’s total base salary is $1,272,000.

What was Douglas McMillon’s total compensation in 2021?

Douglas McMillon’s total compensation in 2021 was valued at about $22,574,358, with the majority from stock awards of $15,827,794.

What is the estimated net worth of Walmart’s CEO, Douglas McMillon?

The estimated net worth of Douglas McMillon is at least $276 million.

How many shares of Walmart Inc stock does Douglas McMillon currently own?

Douglas McMillon currently owns a total of 1,795,275 shares of Walmart Inc stock.

How many insider trading transactions has Douglas McMillon made in Walmart Inc stock over the past 5 years?

Douglas McMillon has made a total of 29 insider trading transactions in Walmart Inc stock over the past 5 years.

How does the net worth of Walmart’s CEO, Douglas McMillon, compare to other prominent CEOs in retail?

Douglas McMillon’s net worth is lower than that of other prominent CEOs in retail, such as Jeff Bezos, the founder of Amazon.

What is Douglas McMillon’s career at Walmart Inc?

Douglas McMillon’s career at Walmart Inc began in 1990 as a summer associate, and he has since worked his way up to become the President and CEO of the company.

Is insider trading common at Walmart Inc?

Yes, insider trading is a common practice at Walmart Inc, with insiders, including CEO Douglas McMillon, actively involved in trading the company’s stock.

How does Douglas McMillon’s compensation as the CEO of Walmart Inc compare to other Walmart executives?

Douglas McMillon’s compensation as the CEO of Walmart Inc is substantial, but other Walmart executives receive higher compensation, with Suresh Kumar having the highest compensation of $45.9 million.

What is the personal life of Walmart CEO Douglas McMillon like?

Douglas McMillon is married to Shelley McMillon and has two sons named Blake and Spencer. He is a devout born-again Christian and actively participates in church and spiritual activities. He values spending quality time with his family and is involved in philanthropic endeavors.

What is Walmart Inc known for?

Walmart Inc is known for its hypermarkets, discount department stores, and grocery stores. The company is one of the largest retail companies globally, offering low prices and a wide product selection.

Similar Posts