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Ann Walton Kroenke Net Worth, Biography & Wiki 2017
Ann Walton Kroenke was born on 18th December 1948, in the United States, and as the daughter of Bud Walton, brother and associate of Sam Walton, the Wal-Mart founder, is one of the heiressors to the Wal-Mart fortune.The Waltons are recognised as collectively the richest family in the world.
Have you ever wondered how rich Ann Walton Kroenke is? According to sources, it has been estimated that Ann Walton Kroenke’s overall net worth is $ 4.2 billion. This stunning wealth comes mostly from the stocks she inherited from her father. After she became the owner of the NHL team the Colorado Avalanche and Denver Nuggets of the NBL, among other sports teams, her net worth increased even more.
Ann Walton Kroenke Net Worth $4.2 Billion
Ann is one of the children of James ‘Bud’ Walton; she has a sister, Nancy, who also shares the immense fortune of the Walton family. Regarding her education, Ann attended Lincoln University, obtaining a diploma which would give her a job as a registered nurse. Ann`s net worth began increasing slowly in 1983, as her husband, Stan Kroenke, whom she married in 1973, started his own real estate development group, soon becoming one of the wealthiest men in the real estate business. Thanks to his marriage to Ann, his company was the first option for building Wal-Mart centers. With his net worth, Ann`s net worth also grew, but then gained an immense boost in 1995 after her father’s death, when she inherited a total of 1.7% of Wal-Mart shares. (However, she is in no way involved in the running of Wal-Mart.)
The size of her overall net worth is best reflected in the numerous assets she possesses. Ann and her husband are the owners of the 12,000 square foot house, which is estimated to be worth around $2.5 million. Furthermore, in 2011 the couple bought a villa in Aspen, Colorado, for the considerable amount of $20.75 million dollars. Over the years, Ann`s husband expanded his area of influence to sports, owning several American sport teams such as the Colorado Rapids of the Major League Soccer, Colorado Avalanches of the National Hockey League, Denver Nuggets of the National Basketball Association, St. Louis Rams of the National Football League, as well as a part ownership of English Premier Soccer League Club Arsenal. However, due to the cross-ownership rules in the USA, he transferred rights of the Denver Nuggets and Colorado Avalanches to Ann in 2015, as well as an interest in Arsenal, all of which has also benefited her net worth, .
Ann`s name is also known in the politics, as she was sponsoring political campaigns of the Republican Party, with over $25,000. Furthermore, she has donated about $5,000 to both Democrats and Republicans in the period of 10 years, from 1998 to 2008 in the state elections, mostly regarding Missouri.
To prove that she is not just made of money for her own benefit, Ann is also known for her philanthropic work, starting several charitable foundations, including Audrey J. Walton and Ann Walton Charitable Foundation, working in an area of Missouri, helping other charitable organizations such as Boys And Girls.
Regarding her personal life, Ann has been married to Stan Kroenke since 1973, and the couple has two children, son Josh and daughter Whitney Ann – future heirs to the Wal-Mart billions.