Doug Mcmillon Net Worth (Updated 2025).
Doug McMillon, the current President and CEO of Walmart Inc., began his career at the retail giant in 1984, working as a summer associate while still in college. He started at the bottom, working in various roles such as an hourly associate and a management trainee, gaining firsthand experience in the operations of the company.
Born and raised in Arkansas, McMillon’s connection to Walmart runs deep. His father, Jim McMillon, was a former executive at the company, which sparked Doug’s initial interest. After graduating from the University of Arkansas with a degree in marketing, McMillon joined Walmart full-time and has since risen through the ranks, becoming one of the most influential figures in the retail industry.
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Doug McMillon’s Current Net Worth
As of 2025, Doug McMillon’s current net worth is estimated to be around $35 billion. This significant figure reflects his successful career and strategic business ventures.
Career
Doug McMillon, born in 1966, is the current President and CEO of Walmart Inc., the world’s largest retailer. He joined Walmart in 1984 and held various positions before becoming CEO in 2014. His leadership has been instrumental in driving the company’s global expansion and e-commerce growth.
Other Ventures
Beyond Walmart, McMillon is involved in several other ventures. He serves on the board of directors for the Northwest Arkansas Council and the Business Roundtable. He’s also a trustee of the Ronald McDonald House Charities. Additionally, he’s an active investor in tech startups, focusing on e-commerce and retail technology.
Assets
McMillon’s assets primarily include his substantial Walmart holdings, valued at over $20 billion. He also owns a significant stake in several tech startups, real estate investments, and a collection of art and collectibles. His primary residence is a 12,000 square-foot estate in Rogers, Arkansas.
Annual Income
In 2020, Doug McMillon’s total compensation from Walmart was approximately $23.4 million, including his base salary, stock awards, and other incentives. This figure demonstrates the significant financial rewards that come with leading one of the world’s largest corporations.
Frequently Asked Questions about Doug Mcmillon
**Frequently Asked Questions: Doug McMillon Net Worth**
1. What is Doug McMillon’s net worth?
Doug McMillon’s net worth is estimated to be around $300 million.
2. How did Doug McMillon build his wealth?
Doug McMillon built his wealth primarily through his career at Walmart, where he served as the President and CEO. He also holds a significant stake in the company’s stock.
3. What is Doug McMillon’s salary as the CEO of Walmart?
As of the latest available information, Doug McMillon’s annual salary as the CEO of Walmart is around $24.5 million.
4. How much of Walmart’s stock does Doug McMillon own?
As of the latest proxy statement, Doug McMillon owns approximately 0.07% of Walmart’s outstanding shares.
5. When did Doug McMillon become the CEO of Walmart?
Doug McMillon became the CEO of Walmart in February 2014.
6. What was Doug McMillon’s role at Walmart before becoming CEO?
Before becoming CEO, Doug McMillon served as the President and CEO of Walmart International.
7. Where was Doug McMillon born and raised?
Doug McMillon was born and raised in Jonesboro, Arkansas.
8. Did Doug McMillon attend college? If so, where?
Yes, Doug McMillon attended the University of Arkansas, where he earned a Bachelor of Science degree in Business Administration.
9. Does Doug McMillon have any children?
Yes, Doug McMillon has two children with his wife, Shelley.
10. What is Doug McMillon’s political affiliation?
Doug McMillon is a registered Republican.
