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, founded in Bentonville by Sam Walton, is one of the largest retailers worldwide, and there are outlets all over 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!

Can You Find Walmart in China?

Yes, Walmart stores have been operating in China since 1996. Walmart Supermarkets and Sam’s Club are located in Beijing and Shenzhen.

There are over 400 retail stores in 180 cities, and more than 95% of merchandise in Chinese shops is locally-sourced.

Walmart integrated Sam’s Club and Walmart in the Chinese ecommerce sector recently, with around 20 Walmart distribution points across China.

How much of Walmart products are made in China?

70-80% of Walmart’s suppliers are located throughout China; however, U.S stores source food locally (including chicken and red meat).

Walmart also partners with China’s over 7000 suppliers of technology, clothing, and householdwares.

Walmart Owned by Who?

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 currently holds 50% of the overall shares via Walton Enterprises LLC, Walton Family Holdings Trust and Walton Enterprises LLC.

Walmart Shareholders: Which Top Stockholders Are You?

Walton Enterprises LLC is an exclusive holding company which holds roughly 50% of the shares. It is also where the Walton Family manages its ownership in Walmart.

Walton Family Holdings Trust was formed to ensure a good balance of family and non-family ownership.

Vanguard Group Inc, an American investor, represents about 5% of Walmart.

Walmart is publicly traded and also invests in companies like State Street Global Advisors, Black Rock Fund Advisors, Geode Capital Management LLC, and Geode Capital Management LLC.

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

You can read my posts about Walmart to learn more.

Conclusion: China Is Owning Walmart

China does not have Walmart. Walmart is founded and owned by the Walton family. They hold 50% of total shares through Walton Enterprises LLC and Walton Family Holdings Trust. Other top investors are American-based companies, including Vanguard Group Inc.

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