Lukas Walton, a grandson of Walmart founder Sam Walton, and his wife, Samantha, have acquired a minority interest in the Chicago Bulls NBA franchise and the United Center. The Reinsdorf family will continue to have the controlling interest in the Bulls.
Walton’s Sports Empire
Lukas Walton is the 40th wealthiest person in the world, according to Forbes, with a net worth of $48.9 billion. He owns stakes in Walmart and Arvest Bank. This purchase is the latest in a series of sports team acquisitions by the Walton family.
Rob Walton, a son of Sam Walton, and his daughter, Carrie Walton Penner, bought the Broncos in 2022. Ann Walton Kroenke, a daughter of Walmart co-founder Bud Walton, has ownership interests in the Nuggets and Avalanche through her husband, Stan Kroenke.
Stan Kroenke has made his initial fortune developing shopping centers anchored by Walmarts and owns several sports teams, including the LA Rams and Arsenal’s men’s and women’s teams.
Original reporting: 40/29 / KHBS (NW Arkansas) — read the source article.
