Is Walmart Owned By China In 2022? (Owners, Products + More)

Walmart Inc.

Walmart’s current logo since 2008
Walmart Home Office (headquarters) in December 2012
Formerly	Wal-Mart Discount City (1962–1969) Wal-Mart, Inc. (1969–1970) Wal–Mart Stores, Inc. (1970–2018)
Type	Public
Traded as	NYSE : WMT DJIA component S&P 100 component S&P 500 component
ISIN	US9311421039
Industry	Retail
Founded	July 2, 1962 ; 59 years ago ( 1962-07-02 ) in Rogers, Arkansas [1] October 31, 1969 ; 52 years ago ( 1969-10-31 ) in Wilmington, Delaware (incorporation)
Founder	Sam Walton
Headquarters	Bentonville, Arkansas , U.S.
Number of locations	10,593 stores worldwide (January 31, 2022) [2] [3]
Area served	Worldwide
Key people	Greg Penner ( Chairman ) Doug McMillon ( President , CEO )
Products	Supermarket , Hypermarket , Superstore , Convenience shop
Services	Walmart-2-Walmart
Revenue	US$ 559.2 billion (2020) [4]
Operating income	US$22.55 billion (2020) [4]
Net income	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	Walmart U.S. Walmart International Sam’s Club Global eCommerce
Subsidiaries	List of subsidiaries
Website	walmart.com
Footnotes / references [6] [7] [8]

Walmart was started in Bentonville. It has over 12,000 stores around the globe.

There has been much speculation about whether Walmart may be owned by China after its worldwide expansion. After much research, I finally found the truth.

China Owns Walmart In 2022

China isn’t currently the owner of Walmart. Walmart is currently owned by the Waltons (the founding family of Walmart), and shareholders. Walton Enterprises LLC or Walton Family Holdings Trust, are their shares. Other American investors such as Vanguard Group own 5% in shares.

Is Walmart available in China?

Walmart has been in China since 1996. Walmart Supermarkets, Sam’s Club and Walmart HyperMarkets can be found in Beijing and Shenzhen.

The number of units available in retail outlets in China is now over 400.

Walmart recently integrated Sam’s Stores and Walmart into China’s E-Commerce Industry. This has resulted in approximately 20 Walmart Distribution Stations across China.

What Percentage of Walmart Products are Made in China?

70%-80% of Walmart suppliers are located within China. U.S. shops source food locally, including chicken and red meat.

Walmart also established relationships with nearly 7000 Chinese suppliers for technology and homewares.

Walmart: Who is the owner?

Walmart now belongs to The Walton Familie, following its 1962 founding in Bentonville Arkansas as Walmart Discount City By Sam Walton.

Since then, Walton family members have taken active positions in maintaining and growing Walmart.

Walton Enterprises LLC today holds half the total shares. Walton Family Holdings Trust also has 50%.

Walmart Shareholders: Which Top Stockholders Are You?

Walton Enterprises LLC is an exclusive holding company which holds roughly 50% of the shares. It is also where the Walton Family manages its ownership in Walmart.

Walton Family Holdings Trust was created to maintain a balance between family and non-family ownership.

Vanguard Group Inc, an American investor, represents about 5% of Walmart.

Walmart is publicly traded and also invests in companies like State Street Global Advisors, Black Rock Fund Advisors, Geode Capital Management LLC, and Geode Capital Management LLC.

Walton Enterprises LLC is the sole investor who has more than 10% ownership of Walmart. Walton Family Holdings Trust is the other.

To learn more about Walmart, you can also see my posts on Walmart facts, Walmarts competitive advantages, whether or not Walmart is a franchise, why Walmart failed to take off in Germany, and if Walmart owns Costco.

Conclusion: China Is Owning Walmart

China has no ownership of Walmart. Walmart was established and owned by Walton’s family. Their shares total 50% through Walton Enterprises LLC or Walton Family Holdings Trust. Vanguard Group Inc. are other top American investors.

.Is Walmart Owned By China In 2022? (Owners, Products + More)