The Walton Family is known for founding Walmart, one of the largest retail chains in the world. The family’s wealth primarily comes from their significant ownership stake in the company, which was established by Sam Walton in 1962. Today, Walmart operates thousands of stores globally, offering a wide range of products at low prices. The Walton family is also recognized for their philanthropic efforts. They have established various foundations, such as the Walton Family Foundation, which focuses on education, community development, and environmental initiatives. Their contributions aim to improve the quality of life in communities across the United States.