The Latest Breaking News from Sam Walton

How the rich skirt century-old tax law

Goldman Sachs has helped billionaires see huge tax savings by selling stocks for a loss and then replacing them

Salon · Feb 10, 2023

Alice Walton’s financial ties to Canoo CEO underlined in new lawsuit documents

New testimony in an ongoing employment dispute links the major Walmart shareholder to Tony Aquila’s private equity firm.

Fortune · Oct 14, 2022

How chaotic EV company Canoo became a Walmart partner

Under CEO Tony Aquila, Canoo has been beset by canceled deals, executive turnover, and legal spats, but Walmart's commitment to buy its vans could be a lifeline.

Fortune · Aug 27, 2022

America's Least Philanthropic Billionaires: Scrooges Of The Forbes 400

Editor's note: This story has been edited to reflect an update by Forbes to Tesla CEO Elon Musk's philanthropy ranking that removed him from the list of the least generous billionaires. Original publication: 2018. For the first time, the Forbes 400 list includes a generosity ranking.

Benzinga · Jul 29, 2022

Condoleezza Rice joins Broncos ownership group

The new ownership group is led by former Walmart chairman Rob Walton.

Chicago Sun-Times · Jul 11, 2022

Broncos ownership: A look at the key people from the winning Walton-Penner bid

DENVER — Who is a part of the new Broncos’ ownership group? A look at the four key individuals:

The Denver Post · Jun 8, 2022

Broncos enter into purchase agreement with Walton-Penner family for record $4.65 billion sale price

DENVER — Less than 48 hours after a second round of bids to buy the Broncos were filed, the team announced late Tuesday night that they have entered into a purchase and sale agreement with a group headed by billionaire Rob Walton and his son-in-law, Greg Penner.

The Denver Post · Jun 8, 2022

Josh Harris Was Willing to Pay $5 Billion for Broncos, per Report

The 76ers co-owner was reportedly never assured his offer price would assure him ownership of the Broncos.

Sports Illustrated · Jun 8, 2022

Greg and Carrie Penner expected to handle Broncos’ day-to-day operations

Rob Walton will become the Broncos' new majority owner, but Greg and Carrie Penner are expected to handle the team's day-to-day operations.

USA Today Sports Media Group · Jun 8, 2022

Broncos sold to Walmart heirs for reported record of $4.65 billion

The price tag far surpasses the $3.1 billion sale last month of Chelsea FC, one of Europe’s premier soccer clubs.

Chicago Sun-Times · Jun 8, 2022