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 Sam Walton, the founder of Walmart. Growing up, she was immersed in the world of retail, learning the fundamentals of business from her father.
Rise to Success
Following Bud Walton's death in 1995, Nancy and her sister, Ann Walton Kroenke, inherited a substantial stake in Walmart. This inheritance made them both billionaires. Inheriting her stake in Walmart has solidified her position among the wealthiest individuals in the world. She has primarily focused on managing her investments and pursuing philanthropic interests. Along with her husband, Bill Laurie, she owns commercial real estate and luxurious homes.
Key Business Strategies
While Nancy Walton Laurie's primary source of wealth is her Walmart inheritance, she has engaged in various business ventures with her husband, Bill Laurie. They owned the St. Louis Blues hockey team from 1999 to 2006. Laurie has also invested in commercial real estate and other ventures, showcasing her ability to manage and grow her wealth.
Philanthropy
Nancy Walton Laurie is known for her significant philanthropic activities. She and her husband have donated to numerous causes, particularly in education and the arts. Their notable contributions include a $25 million donation to the University of Missouri for a sports arena. They have endowed the E. Paige Laurie Professorship for the Equine Center at the University of Missouri's College of Veterinary Medicine. Additionally, they have supported charitable gifts for a cancer research center, a shelter for abused women, and a children's hospital. Nancy also founded the Nancy Walton Laurie Leadership Institute at the Chi Omega sorority. She is the founder of the Columbia Performing Arts Centre in Columbia, Missouri.