Is Walmart Owned By China In 2022? (Owners, Products + More)

Walmart Inc.
Walmart’s current logo since 2008
Walmart Home Office (headquarters) in December 2012
Formerly	Wal-Mart Discount City (1962–1969) Wal-Mart, Inc. (1969–1970) Wal–Mart Stores, Inc. (1970–2018)
Type	Public
Traded as	NYSE : WMT DJIA component S&P 100 component S&P 500 component
ISIN	US9311421039
Industry	Retail
Founded	July 2, 1962 ; 59 years ago ( 1962-07-02 ) in Rogers, Arkansas ^[1] October 31, 1969 ; 52 years ago ( 1969-10-31 ) in Wilmington, Delaware (incorporation)
Founder	Sam Walton
Headquarters	Bentonville, Arkansas , U.S.
Number of locations	10,593 stores worldwide (January 31, 2022) ^[2] ^[3]
Area served	Worldwide
Key people	Greg Penner ( Chairman ) Doug McMillon ( President , CEO )
Products	Supermarket , Hypermarket , Superstore , Convenience shop
Services	Walmart-2-Walmart
Revenue	US$ 559.2 billion (2020) ^[4]
Operating income	US$22.55 billion (2020) ^[4]
Net income	US$13.70 billion (2020) ^[4]
Total assets	US$252.5 billion (2020) ^[4]
Total equity	US$87.53 billion (2020) ^[4]
Owner	Walton family (50.85%) ^[5]
Number of employees	2,300,000 (Jan. 2021) ^[4] U.S.: 1,600,000
Divisions	Walmart U.S. Walmart International Sam’s Club Global eCommerce
Subsidiaries	List of subsidiaries
Website	walmart.com
Footnotes / references ^[6] ^[7] ^[8]

Walmart was started in Bentonville. It has over 12,000 stores around the globe.

There has been much speculation about whether Walmart may be owned by China after its worldwide expansion. After some digging, here is what I discovered!

Where can you find Walmart in China

Walmart stores operate in China as of 1996. You’ll find Walmart HyperMarkets, Sam’s Club, and Walmart Supermarkets in locations such as Beijing and Shenzhen.

The number of units available in retail outlets in China is now over 400.

Recently, Walmart has integrated Walmart and Sam’s into the Chinese e-commerce industry with approximately 20 Walmart distribution stations across China.

What percent are Walmart Products Made in China?

70 to 80% Walmart suppliers are located in China. U.S. retailers source food locally however (including chicken, red meat and fish).

Walmart also works with China to establish partnerships, especially for homewares and technology.

Who Owns Walmart?

Walmart now belongs to The Walton Familie, following its 1962 founding in Bentonville Arkansas as Walmart Discount City By Sam Walton.

Walton’s family has been active in growing and maintaining Walmart since then.

Walton holds half of all shares today through Walton Enterprises LLC & Walton Family Holdings Trust.

Walmart: Who are the top shareholders?

Walton Enterprises LLC, a private holding firm that holds approximately half of all shares, is the place where the Walton family managed its ownership stakes in Walmart.

Walton Family Holdings Trust has been created in order to keep a fair balance between family and other ownership.

American-based investor Vanguard Group Inc represents approximately 5% of Walmart.

Walmart, a publicly traded company, is also owned by State Street Global Advisors and Black Rock Fund Advisors.

Walton Enterprises LLC is the sole investor who has more than 10% ownership of Walmart. Walton Family Holdings Trust is the other.

For more information on Walmart, check out my posts Walmart facts and competitive advantages. Also, see my posts on Walmart franchises, Walmart’s German success, Walmart’s failure to succeed in Germany, Walmart owning Costco.

Conclusion: Does China own Walmart?

China is not the owner of Walmart. Walmart is founded and owned by the Walton family. They control 50% of Walton Enterprises LLC shares, and Walton Family Holdings Trust shares. Vanguard Group Inc. and other American-based businesses are also top investors.

.Is Walmart Owned By China In 2022? (Owners, Products + More)