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.

With the rapid expansion of Walmart’s global reach, speculation has been rife about whether China is behind it. After some digging, here is what I discovered!

Is Walmart Owned by China In 2022?

Walmart is not owned by China as of 2022. Walmart currently belongs to the Waltons as well shareholders. Walton Enterprises LLC (family-owned) and Walton Family Holdings Trust (family-owned shares) are used by them. Vanguard Group in America is one of these investors.

Are You able to find Walmart China?

Walmart stores operate in China as of 1996. Walmart Supermarkets, Sam’s Clubs, Walmart HyperMarkets and Walmart Supermarkets will be located in Beijing, Shenzhen, etc.

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

Recently, Walmart has integrated Walmart and Sam’s into the Chinese e-commerce industry with approximately 20 Walmart distribution stations across China.

What percentage of Walmart Products is Made in China

70 to 80 percent of Walmart’s suppliers are located in China. But, U.S. supermarkets source local food (including chicken)

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

Walmart Owned by Who?

Walmart, now owned by The Walton Family, was established in 1962 at Bentonville, Arkansas as Walmart Discount City.

Walton relatives have been actively involved in the growth and maintenance of Walmart ever since.

Walton holds half of all shares today through Walton Enterprises LLC & Walton Family Holdings Trust.

Walmart: Who are the top shareholders?

Walton Enterprises LLC (private holding company) holds about 50% of total shares. This is how the Walton family manages their ownership interest 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 is an publicly traded company that has been invested in by State Street Global Advisors (Black Rock Fund Advisors) 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.

Learn more about Walmart by visiting my post on Walmart facts, Walmarts Competitive Advantages, Walmarts Franchises and Why Walmart Did Not Take Off in Germany.

Conclusion: China Is Owning Walmart

China has no ownership of Walmart. The Walton family founded Walmart and is its owner. 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)