Nancy Walton Laurie Net Worth

Net Worth: $9 Billion

Category: Richest Business › Richest Billionaires

Birthdate: May 15, 1951 (72 years old)

Gender: Female

Nationality: United States of America

What is Nancy Walton Laurie’s Net Worth? Nancy Walton Laurie is an American heiress with a net worth of $9 billion, making her one of the richest people in Nevada.

Early Life: Nancy Walton Laurie was born on May 15, 1951, and raised in Versailles, Missouri. She is one of two daughters of James “Bud” Walton, the younger brother of Sam Walton. Together, Bud and Sam co-founded Walmart in 1962. Nancy graduated from the University of Memphis, where she met her future husband, Bill Laurie.

Walmart Legacy: Sam Walton was the majority shareholder and handled marketing, while Bud Walton focused on retail spaces and building new stores. Walmart Inc is now one of the world’s most successful retail chains, with a market cap of roughly $400 billion, employing 2.2 million people worldwide, and generating annual revenue exceeding $500 billion.

Inheritance: Bud Walton died on March 21, 1995, at the age of 73 from a stomach aneurysm while on a fishing trip in the Caribbean. At his death, Bud was worth $1 billion, ranking as the 83rd-richest person in the United States. Upon Bud’s death, Nancy and her sister Ann Walton Kroenke inherited his shares in Walmart.

Personal Life and Real Estate: Nancy and Bill Laurie primarily reside in Las Vegas, where they own a mansion in Henderson worth at least $20 million. They also own properties in LA’s Bel-Air neighborhood and in Columbia, Missouri, where they raise appaloosa horses. Nancy has spent at least $60 million assembling a large compound in Bel-Air, possibly the largest individual property in the area in terms of acreage.

In January 2015, Nancy and Bill filed a lawsuit against developer Mohamed Hadid over damage to a eucalyptus tree’s roots caused by a retaining wall he installed.

Business Ventures and Philanthropy: Nancy and Bill previously owned the St. Louis Blues hockey team. She is the President and founder of Cedar Lake Contemporary Ballet, a dance company in New York City, and owns the Columbia Performing Arts Centre in Columbia, Missouri.

Paige Laurie Controversies: In 2001, Nancy and Bill donated $25 million to the University of Missouri for a new sports arena named after their daughter, Paige Laurie. However, Paige was later accused of paying a fellow student to do her homework at USC, leading to her relinquishing her diploma. Consequently, the University of Missouri removed her name from the arena.