Ceo Of Walmart Net Worth (Updated 2026).

Written ByEmma C Hours Published on

Doug McMillon, the current CEO of Walmart, began his career with the retail giant in 1984, working as a summer associate at a Walmart distribution center. Born in Jonesboro, Arkansas, McMillon’s roots run deep in the company, as his father was also a Walmart employee. He went on to earn a degree in marketing from the University of Arkansas and an MBA from the University of Tulsa.

McMillon’s rise through the ranks was steady and impressive. He held various positions, including a role in corporate strategy and as a buyer for the company’s supercenter division. In 2009, he was named president and CEO of Walmart International, overseeing the company’s operations in 26 countries. His strong leadership and strategic vision led to significant growth in international sales. In 2014, he was appointed CEO of Walmart Inc., becoming the sixth CEO in the company’s history.

Doug McMillon’s Current Net Worth

As of 2025, Doug McMillon, the CEO of Walmart, has an estimated net worth of $300 million, according to Forbes. This figure reflects his successful tenure at Walmart, where he has served as CEO since 2014.

Doug McMillon’s Career

Doug McMillon began his career at Walmart in 1984, working as a summer associate in a distribution center. He climbed the ranks over the years, serving in various roles such as buying manager, divisional merchandise manager, and vice president of buying for the Supercenter division. In 2009, he was appointed as the president and CEO of Walmart International, and in 2014, he became the CEO of Walmart Inc.

Other Ventures

In addition to his role at Walmart, Doug McMillon serves on the board of directors for the Consumer Goods Forum and the Business Roundtable. He is also a member of the executive committee of the Retail Industry Leaders Association. Furthermore, he is involved in various philanthropic efforts, including serving on the board of directors for the Walmart Foundation.

Assets

Doug McMillon’s assets include a significant stake in Walmart Inc. stock, which is a substantial portion of his net worth. He also owns real estate, including a home in Bentonville, Arkansas, where Walmart is headquartered. His compensation package from Walmart includes a base salary, annual bonus, and stock awards, which contribute to his overall wealth.

Annual Income

According to Walmart’s proxy statement, Doug McMillon’s total compensation for the fiscal year 2021 was $23.6 million. This includes a base salary of $2.3 million, an annual bonus of $5.6 million, and stock awards valued at $13.7 million. His compensation has increased over the years, reflecting Walmart’s strong financial performance under his leadership.

Frequently Asked Questions about  Ceo Of Walmart

Frequently Asked Questions: CEO of Walmart Net Worth

1. Who is the current CEO of Walmart?

Doug McMillon is the current CEO of Walmart. He has been serving in this role since 2014.

2. How long has Doug McMillon been the CEO of Walmart?

Doug McMillon has been the CEO of Walmart since February 1, 2014.

3. What was Doug McMillon’s role before becoming the CEO of Walmart?

Before becoming the CEO, Doug McMillon served as the President and CEO of Walmart International from 2009 to 2013.

4. How much is the CEO of Walmart worth?

The CEO of Walmart, Doug McMillon, has an estimated net worth of $25 million.

5. How does the net worth of the Walmart CEO compare to other major retailers?

The net worth of the Walmart CEO is significantly lower compared to the CEOs of other major retailers like Amazon’s Jeff Bezos or Target’s Brian Cornell.

6. What is Doug McMillon’s annual salary as the CEO of Walmart?

As of 2021, Doug McMillon’s annual salary as the CEO of Walmart is $23.6 million.

7. How does Doug McMillon’s salary compare to the average Walmart employee’s wage?

Doug McMillon’s salary is approximately 1,000 times more than the average full-time Walmart employee’s annual wage of around $24,000.

8. What is Doug McMillon’s educational background?

Doug McMillon holds a Bachelor of Science degree in Business Administration from the University of Arkansas and an MBA from the University of Tulsa.

9. How many years has Doug McMillon been with Walmart?

Doug McMillon has been with Walmart for over 30 years, having joined the company in 1984.

10. What are some of Doug McMillon’s initiatives as the CEO of Walmart?

Some of Doug McMillon’s key initiatives as the CEO of Walmart include expanding the company’s e-commerce presence, focusing on sustainability, and improving the company’s healthcare benefits for employees.

Hi, I’m Emma Chambers — writer, pop culture junkie, and full-time fangirl. I cover everything from red carpet drama to underrated indie gems, and I’m always on the lookout for the next big thing in entertainment. My blog is where I spill my thoughts, obsessions, and the occasional guilty pleasure. If you’re into celeb buzz, deep dives, and TV marathons, you’ll feel right at home here.