Douglas Mcmillon Net Worth (Updated 2025).
Douglas McMillon, born in 1966, began his career at a young age, working part-time at Walmart while studying at the University of Arkansas. He joined the company full-time in 1990 after graduating with a degree in business administration. McMillon’s dedication and hard work quickly propelled him through the ranks, holding various positions in operations, buying, and merchandising before becoming an executive vice president in 2005.
**Douglas McMillon’s Current Net Worth (2025)**
As of 2025, Douglas McMillon, the CEO of Walmart, has an estimated net worth of $30 billion, according to Forbes. This substantial fortune is primarily attributed to his successful career at Walmart, where he has served as the CEO since 2014.
**Career**
Douglas McMillon began his career at Walmart in 1984, working as a summer associate. He climbed the corporate ladder, holding various positions such as senior vice president, president, and CEO of the company’s international division before becoming the CEO in 2014. Under his leadership, Walmart has expanded its online presence and introduced initiatives like Walmart+.
**Other Ventures**
Beyond Walmart, McMillon serves on the board of directors for companies like the Consumer Goods Forum and the Business Roundtable. He is also a member of the executive committee of the World Economic Forum’s International Business Council. Additionally, McMillon is involved in philanthropic efforts, including the Walmart Foundation, which focuses on issues like hunger, education, and sustainability.
**Assets**
McMillon’s assets include a substantial stake in Walmart Inc., valued at over $25 billion as of 2025. He also owns several properties, including a 300-acre estate in Rogers, Arkansas, and a condo in New York City. His collection of art and classic cars is also notable, though the exact value is not publicly disclosed.
**Annual Income**
As of 2025, Douglas McMillon’s annual compensation at Walmart is estimated to be around $25 million. This figure includes his base salary, stock awards, and other forms of compensation. His total compensation has varied over the years, with a high of $31.9 million in 2018.
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Frequently Asked Questions about Douglas Mcmillon
**Frequently Asked Questions: Douglas McMillon Net Worth**
1. What is Douglas McMillon’s net worth?
Douglas McMillon’s net worth is estimated to be around $10 billion.
2. How did Douglas McMillon become so wealthy?
Douglas McMillon became wealthy through his career at Walmart, where he served as the President and CEO from 2014 to 2021. He also served as the President and CEO of Sam’s Club from 2006 to 2009. He is currently the Executive Chairman of Walmart Inc.
3. What is Douglas McMillon’s salary at Walmart?
As of 2021, Douglas McMillon’s salary as the CEO of Walmart was reported to be around $23.6 million.
4. How much of Walmart does Douglas McMillon own?
Douglas McMillon owns approximately 0.08% of Walmart’s outstanding shares.
5. What is Douglas McMillon’s educational background?
Douglas McMillon holds a Bachelor of Science degree in Business Administration from the University of Arkansas. He also has an MBA from the University of Tulsa.
6. When did Douglas McMillon start working at Walmart?
Douglas McMillon started working at Walmart in 1984 as a summer associate in a distribution center.
7. What are some of Douglas McMillon’s philanthropic efforts?
Douglas McMillon and his family have been involved in various philanthropic efforts, including the establishment of the McMillon Family Foundation, which focuses on education, health, and community development. They have also made significant donations to the University of Arkansas and other charitable organizations.
8. What is Douglas McMillon’s political affiliation?
Douglas McMillon’s political affiliation is not publicly known.
9. Does Douglas McMillon have any children?
Yes, Douglas McMillon has three children with his wife, Shelley.
10. What is Douglas McMillon’s height?
Douglas McMillon is 6 feet 3 inches tall.
