Rob Walton smiles while standing onstage in front of Walmart logo at shareholder meeting
Rob Walton is retiring from Walmart's board of directors.
  • Rob Walton, the eldest of Walmart founder Sam Walton's children, is retiring after more than 40 years on the company's board.
  • With a net worth of $79.8 billion, he's among the 20 richest people in the world.
  • Here's a look at the billionaire Walmart heir's life and career.

Walmart billionaire Rob Walton is stepping down from the board of his family's company.