Steuart Walton (born 1981) is an American attorney and businessman. Born into the billionaire

Walton family The Walton family is an American family whose collective fortune derived from Walmart makes them the richest family in the United States of America. Overview The three most prominent living members (Jim, Rob, and Alice Walton) have consist ...

, he is a director of

Walmart Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquarter ...

, the world's largest company by revenue, co-founder of private equity firm RZC Investments, which bought British cycling brand Rapha in 2017, and founder of Game Composites, a

composite aircraft A composite aircraft is made up of multiple ''component'' craft. It takes off and flies initially as a single aircraft, with the components able to separate in flight and continue as independent aircraft.Harper (1937) Typically the larger aircraf ...

manufacturer.

Early life

Walton was born in 1981 in

Bentonville, Arkansas Bentonville is the List of cities and towns in Arkansas, tenth-largest city in Arkansas, United States and the county seat of Benton County, Arkansas, Benton County. The city is centrally located in the county with Rogers, Arkansas, Rogers adja ...

. He is the son of Lynne McNabb and

Jim Walton James Carr Walton (born June 7, 1948) is an American businessman, currently the heir to the fortune of Walmart, the world's largest retailer. As of October 2022, Walton was the seventeenth-richest person in the world, with a net worth of US$61 b ...

, a former director of Walmart. His paternal grandfather,

Sam Walton Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's l ...

, was the founder of Walmart. Walton graduated from the

University of Colorado Boulder The University of Colorado Boulder (CU Boulder, CU, or Colorado) is a public research university in Boulder, Colorado. Founded in 1876, five months before Colorado became a state, it is the flagship university of the University of Colorado syst ...

with a degree in business administration. He earned a

Juris Doctor The Juris Doctor (J.D. or JD), also known as Doctor of Jurisprudence (J.D., JD, D.Jur., or DJur), is a graduate-entry professional degree in law and one of several Doctor of Law degrees. The J.D. is the standard degree obtained to practice law ...

degree from the

Georgetown University Law Center The Georgetown University Law Center (Georgetown Law) is the law school of Georgetown University, a private research university in Washington, D.C. It was established in 1870 and is the largest law school in the United States by enrollment and ...

Career

In 2004, Walton worked for

Republican Republican can refer to: Political ideology * An advocate of a republic, a type of government that is not a monarchy or dictatorship, and is usually associated with the rule of law. ** Republicanism, the ideology in support of republics or agains ...

Senator Peter Fitzgerald. He subsequently worked for a law firm in

Santiago, Chile Santiago (, ; ), also known as Santiago de Chile, is the capital (political), capital and largest city of Chile as well as one of the largest cities in the Americas. It is the center of Chile's most densely populated Regions of Chile, region, t ...

. From 2007 to 2010, Walton was a lawyer at

Allen & Overy Allen & Overy LLP (informally A&O) is an international law firm. The firm has 580 partners and over 5,600 people worldwide. In 2022 A&O reported an increase in revenue to GBP1.96 billion and is the second largest law firm headquartered in th ...

. Afterward, Walton worked in Walmart's

mergers and acquisitions Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...

division, as well as the company's

Carnaby Street Carnaby Street is a pedestrianised shopping street in Soho in the City of Westminster, Central London. Close to Oxford Street and Regent Street, it is home to fashion and lifestyle retailers, including many independent fashion boutiques. Stre ...

office in London. He left Walmart in 2013 to found a company. Walton, who is also a pilot, in 2013 founded Game Composites, a composite aircraft manufacturer in Northwest Arkansas, and serves as its chairman. Walton joined the board of Walmart on June 3, 2016. Walton and his brother, Tom Walton, co-founded an investment company, RZC Investments. The company bought a majority stake of British bikewear business Rapha in August 2017, in addition to investing in road-bike maker Allied Cycle Works.

Philanthropy

Walton and his brother, Tom Walton, who are

mountain biking Mountain biking is a sport of riding bicycles off-road, often over rough terrain, usually using specially designed mountain bikes. Mountain bikes share similarities with other bikes but incorporate features designed to enhance durability and pe ...

enthusiasts, were influential in the Walton Family Foundation's charitable contribution to establish the

Razorback Regional Greenway The Northwest Arkansas Razorback Regional Greenway (usually shortened to Razorback Regional Greenway or just Greenway in Northwest Arkansas) is a primarily off-road shared-use trail in Northwest Arkansas. Dedicated on May 2, 2015, the Greenway co ...

in 2015. In 2016, they also played a role in the foundation's US$20,000 donation for the expansion of a garden at the Samaritan Community Center in Bentonville. Walton helped Bentonville, Arkansas, become host city for the 2016

International Mountain Bicycling Association The International Mountain Bicycling Association (IMBA) is a non-profit educational association whose mission is to create, enhance and preserve trail opportunities for mountain bikers worldwide. IMBA was formed in 1988, when five California-based ...

World Summit. Also in 2016, Steuart and Tom Walton launched the Innovation Competition to focus on healthy living and strong downtowns in Benton County, Arkansas. Walton sits on the boards of directors of the

Crystal Bridges Museum of American Art Crystal Bridges Museum of American Art is a museum of American art in Bentonville, Arkansas. The museum, founded by Alice Walton and designed by Moshe Safdie, officially opened on 11 November 2011. It offers free public admission. Overview ...

Smithsonian National Air and Space Museum The National Air and Space Museum of the Smithsonian Institution, also called the Air and Space Museum, is a museum in Washington, D.C., in the United States. Established in 1946 as the National Air Museum, it opened its main building on the Nat ...

, and Leadership for Educational Equity. Through their work with Crystal Bridges Museum of American Art, Steuart and Tom Walton oversaw a project renovating a 63,000-square-foot former

Kraft The second incarnation of Kraft Foods is an American food manufacturing and processing conglomerate, split from Kraft Foods Inc. in 2012 and headquartered in Chicago, Illinois. It became part of Kraft Heinz in 2015. A merger with Heinz, arra ...

cheese plant in Bentonville into "The Momentary," exhibit space for contemporary art, music, theater and film. Walton spoke at the 2016

Aspen Ideas Festival Founded in 2005, the Aspen Ideas Festival (AIF) is a week-long event held in Aspen, Colorado in the United States. The Aspen Ideas Festival program of events includes discussions, seminars, panels, and tutorials from journalists, designers, innova ...

about the benefits of bike trails. In 2017, Walton and the Walton Family Foundation granted $787,000 to six Benton County cities to increase and diversify the region's tree canopy. The program allows the cities to plant large trees near trails, highways, parks, and other public places.

Political activity

In 2012, Walton donated to Keep Dollars in Benton County, an organization that advocated for the successful effort to allow retailers to sell alcohol in

Benton County, Arkansas Benton County is a county within the Northwest Arkansas region with a culture, economy, and history that have transitioned from rural and agricultural to suburban and white collar since the growth of Walmart, which is headquartered in Benton C ...

Personal life

In 2019, Walton married actress and model

Kelly Rohrbach Kelly Rohrbach (born January 21, 1990) is an American actress and model, best known for her role as C. J. Parker in the film ''Baywatch''. Early life Was born in New York City and raised in Greenwich, Connecticut. She is the daughter of Anne (n� ...

. Walton is a pilot and owns numerous

warbird A warbird is any vintage military aircraft now operated by civilian organizations and individuals, or in some instances, by historic arms of military forces, such as the Battle of Britain Memorial Flight, the RAAF Museum Historic Flight, or the ...

s including a

Goodyear F2G Corsair The Goodyear F2G Corsair, often referred to as the "Super Corsair", is a development by the Goodyear Aircraft Company of the Vought F4U Corsair fighter aircraft. The F2G was intended as a low-altitude interceptor and was equipped with a 28-cylin ...

and several

North American P-51 Mustang The North American Aviation P-51 Mustang is an American long-range, single-seat fighter aircraft, fighter and fighter-bomber used during World War II and the Korean War, among other conflicts. The Mustang was designed in April 1940 by a team ...

s. In May 2020, Walton led a flyover over numerous cities in Arkansas to honor first responders during the

COVID-19 pandemic The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...

References

External links

Walton Family Foundation

RaphaWalton Family Foundation: Slaughter Pen Jam: Mountain Bike Festival Preview
on YouTube {{DEFAULTSORT:Walton, Steuart Allen & Overy people American chief executives American company founders American lawyers American philanthropists Businesspeople from Arkansas Directors of Walmart Georgetown University Law Center alumni Living people People from Bentonville, Arkansas University of Colorado Boulder alumni

Steuart Walton Steuart Walton (born 1981) is an American attorney and businessman. Born into the billionaire Walton family, he is a director of Walmart, the world's largest company by revenue, co-founder of private equity firm RZC Investments, which bought Brit ...

1981 births