Early Life
Nancy Walton Laurie was born on May 15, 1951, in Versailles, Missouri. She is the younger daughter of James "Bud" Walton, the brother and business partner of Walmart founder Sam Walton. She grew up in a privileged environment and attended the University of Memphis.
Rise to Success
Nancy inherited her stake in Walmart upon her father's death in 1995, which made her a billionaire. She did not actively participate in the management of Walmart and instead focused on philanthropy and personal investments.
Key Business Strategies
Laurie's wealth is primarily from her inherited shares of Walmart. She has also made investments in real estate and owned the St. Louis Blues hockey team with her husband Bill Laurie. She is known for her philanthropic endeavors and investments in the arts.
Philanthropy
Nancy Walton Laurie is known for her philanthropic efforts, particularly in education, health, and community development. She founded the Columbia Performing Arts Centre, a performing arts school in Columbia, Missouri. She and her husband donated $25 million to the University of Missouri for a sports arena, and she has also supported cancer research, shelters for abused women, and children's hospitals.