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What is Ann Walton Kroenke’s net worth?
Net Worth: | $9.2 Billion |
---|---|
Age: | 75 |
Born: | December 20, 1948 |
Gender: | Female |
Height: | Unknown |
Country of Origin: | United States of America |
Source of Wealth: | Heiress |
Last Updated: | January 23, 2024 |
Introduction
Ann Walton Kroenke is the American billionaire heiress to the Walmart fortune together with her sister Nancy Walton Laurie.
Following the death of her father, Bud, in 1995, Ann inherited her father’s stock in the company, given to him by his brother Sam Walton.
She married Stan Kroenke, who owned various sports teams, including the Denver Nuggets of the NBA and the Colorado Avalanche of the NHL.
As of January 2024, Ann Walton Kroenke’s net worth is estimated to be $9.2 Billion.
Ann Walton Kroenke Facts
- Ann married Stan Kroenke, a real estate developer and entrepreneur, in 1974.
- In 1995, Ann and her husband became owners of the St. Louis Rams, an NFL team.
- Ann and Stan Kroenke acquired ownership of the Denver Nuggets in 2000.
- In 2011, the Kroenkes purchased a controlling interest in the English football club Arsenal FC.
- She loaned her husband the money to start his real estate development business in 1983.
Early Life
Ann Walton Kroenke was born December 20, 1948, to Bud Walton, brother of Sam Walton, the founder of the Walmart empire.
After she left school, Ann went on to study at Lincoln University in Missouri and later completed her training to become a Registered Nurse.
On a skiing trip to Aspen, Ann met her future husband, Stan Kroenke, who was also a wealthy heir to his father’s lumber fortune.
Career
Ann focused on her career as a registered nurse and was never involved in the running of Walmart, which she left to her family.
However, as she was independently wealthy, she was able to help her husband with his companies, providing capital when required.
Stan Kroenke’s father owned a lumber company and, together with a loan from Ann, Stan launched a real estate development firm called the Kroenke Group.
The Kroenke Group built various apartment buildings and shopping centers and then focused on plazas and commercial real estate near Walmart stores.
In 1991, the couple founded THF Realty, specializing in building suburbs, and is today managing a $2 billion portfolio of real estate.
Investing In Professional Sports Teams
Ann purchased a majority share in the NBA’s Denver Nuggets and the NHL side, the Colorado Avalanche, from her husband.
Players like Nikola Jokic and Bruce Brown together with Joe Sakic are employed by the teams to ensure their success.
Her husband, Stan, maintains his majority ownership of the Los Angeles Rams as well as buying Arsenal FC in the UK Premier League.
He and Ann also own the Major League Side, the Colorado Rapids, and the Colorado Mammoth in the National Lacrosse League.
Controlling A Sports And Media Empire
Together with her husband, Ann controls Kroenke Sports & Entertainment, a sports and entertainment company with its headquarters in Denver, Colorado.
In 2000, Stan became the owner of the Denver Nuggets and Colorado Avalanche through his ownership of his holding company.
The couple saw an opportunity to expand the usage of their real estate assets, opting to host major singing stars at their sports stadium.
Ann Walton Kroenke’s Career Earnings
The couple are also part owners of the St. Louis Rams which they bought in 2010 from the estate of the previous owner, Georgia Frontiere.
They own the SoFi Stadium, which includes a YouTube Theater setup, and hosted the filming of the Taylor Swift Era Tour movie.
Here’s an estimated overview of Ann Walton Kroenke’s career earnings:
- Ann Walton Kroenke’s Salary In 2014 – $40 Million
- Ann Walton Kroenke’s Salary In 2015 – $45 Million
- Ann Walton Kroenke’s Salary In 2016 – $50 Million
- Ann Walton Kroenke’s Salary In 2017 – $50 Million
- Ann Walton Kroenke’s Salary In 2018 – $54 Million
- Ann Walton Kroenke’s Salary In 2019 – $58 Million
- Ann Walton Kroenke’s Salary In 2020 – $60 Million
- Ann Walton Kroenke’s Salary In 2021 – $60 Million
- Ann Walton Kroenke’s Salary In 2022 – $65 Million
- Ann Walton Kroenke’s Salary In 2023 – $70 Million
The Walton family’s fortune is held by his children, Samuel Robson Walton, Jim Walton, and Alice Walton as well as Christy, and Lukas, her son.
Sam’s brother, Bud, left his shares to his two daughters, Ann and Nancy, which presents a formidable barrier to any financial assault on the company.
Ann Walton Kroenke’s Net Worth Annually
Ann and her husband donate to both the Democrat and the Republican parties, but the amounts are very small, amounting to a few thousand dollars.
She helps to run the Audrey J. Walton and Ann Walton Kroenke Charitable Foundation, contributing money to various causes and charities.
Ann prioritizes education and makes sure that funds are made available to universities and schools throughout the state for underprivileged students.
She is often seen at charity events put on by the Denver Nuggets and supports the Denver Nuggets Community Fund.
Here’s a breakdown of Ann Walton Kroenke’s annual net worth:
- Ann Walton Kroenke’s Net Worth In 2014 – $4.8 Billion
- Ann Walton Kroenke’s Net Worth In 2015 – $5.6 Billion
- Ann Walton Kroenke’s Net Worth In 2016 – $4.5 Billion
- Ann Walton Kroenke’s Net Worth In 2017 – $6 Billion
- Ann Walton Kroenke’s Net Worth In 2018 – $6.6 Billion
- Ann Walton Kroenke’s Net Worth In 2019 – $6.5 Billion
- Ann Walton Kroenke’s Net Worth In 2020 – $7.9 Billion
- Ann Walton Kroenke’s Net Worth In 2021 – $8.4 Billion
- Ann Walton Kroenke’s Net Worth In 2022 – $9 Billion
- Ann Walton Kroenke’s Net Worth In 2023 – $9.2 Billion
- Ann Walton Kroenke’s Net Worth In 2024 – $9.2 Billion
Ann owns various professional sports teams together with her husband, including the Los Angeles Rams, Denver Nuggets, Colorado Avalanche, and Arsenal FC in the UK.
She is the owner of the Pepsi Center in Denver and owns two yachts and two private jets through her investment in KW Flight LLC.
Personal Life
Stan and Ann met in Aspen during a skiing holiday and the couple married in 1974 and have two children, a daughter, Whitney and Josh.
Ann doesn’t have a public online presence on social media, as we couldn’t find any official accounts on Twitter, Instagram, or Facebook.
She lives a very private life, spending most of her time on the family ranch or holidaying on their million-dollar yacht in places like Monaco.
Awards & Achievements
Her private jets allow her to travel all over the world, using the 2013 Bombardier BD100 or the 2011 Bombardier Global 6000 depending on the destination.
The Bombardier Global 6000 has a range of 6,000 nautical miles and can accommodate as many as 19 passengers while equipped with advanced technology and luxury amenities.
Here are a few of the most significant events in Ann Walton Kroenke’s career:
- Ann’s team, the Nuggets, made it to the Western Conference Finals in the 2020 NBA Playoffs.
- The Colorado Avalanche won the Stanley Cup in their first season after relocating from Quebec City.
- 2000-2001 Season: The Avalanche won their second Stanley Cup, defeating the New Jersey Devils.
- Ann qualified as a registered nurse
- She supported her husband’s real estate venture, The Kroenke Group, with a loan in 1983.
Stan Kroenke, Ann’s husband, is one of the NBA’s wealthiest owners, since purchasing one of the richest NBA teams in the US.
How Does Ann Walton Kroenke Spend Her Money?
Ann and her family live in a 12,000-square-foot, five-bedroom, six-and-two-half-bathroom residence on an 84-acre ranch in Columbia, Missouri, valued at $2.5 million.
The ranch was built in 1988 and includes a private golf course and a large outdoor pool that features prominently in family get-togethers.
While it is not one of the most expensive houses in the world, the property boasts an impressive array of amenities, including a professional kitchen and games room.
Ann owns one of the most expensive yachts in the world, the Aquila, which is valued at approximately $150 million.
3 Amazing Lessons From Ann Walton Kroenke
She and her husband were ranked as the eighth-largest private landowners in the US with diverse property holdings spread across North America.
Aside from her $132 million ranch in Montana, Ann also owns a Beverly Hills mansion worth $33 million, and the Pepsi Center Penthouse in Denver.
Now that you know all about Ann Walton Kroenke’s net worth, here are some of the best success lessons to learn from Ann Walton Kroenke:
1. Give Back To The Community If You Are Able
As a nurse, Ann is aware of the need for community support and uses her wealth to create massive change in the world.
Her commitment, together with that of her family, to philanthropy through her charitable foundation inspires others to support community development and initiatives.
2. Balance Your Personal And Professional Life
Despite her substantial wealth and connections, Ann Walton Kroenke has maintained a career in nursing while also managing significant business and sports ownership responsibilities.
Her ability to balance her personal interests with business and philanthropy illustrates the importance of pursuing multiple passions without compromise.
3. Strategic Investments Lead To Success
Ann Waltons Kroenke’s family’s business ventures, particularly in real estate and sports ownership, highlight the value of strategic investments across diverse sectors.
Her profitable investments highlight the potential for success by intelligently diversifying investments and leveraging opportunities across a variety of industries.
Summary
Ann Walton Kroenke parlayed the wealth that she inherited into a successful portfolio of investments that continues to provide the family with substantial income.
Together with her husband, she has managed to invest in incredibly successful sports and real estate businesses, helping to grow her sizable fortune.
While Ann is no longer as active as she once was, her children are involved in the family business as well as their family foundation.
As of January 2024, Ann Walton Kroenke’s net worth is estimated to be $9.2 Billion.