Lukas Walton: is there a family office?

Lukas is the grandson of the founder of Walmart, Sam Walton. Lukas inherited the Walton fortune when his father died in 2005 in a plane crash and was the biggest beneficiary of his father’s will. The Waltan heir has an estimated net worth of $28.bn  according to Forbes. This puts him in the top 100 world’s wealthiest people. In this article, we will investigate if there is a Lukas Walton Family Office, which manages his wealth.

Walton manages his wealth through Builders Vision family office

Mr. Walton is amongst the generation of billionaire heirs establishing family offices to manage their wealth and drive social change through investments. Therefore Builders Vision is the Lukas Walton Family Office. Its interests include sustainable food and agriculture, renewable energy, and efforts for ocean cleanup. Builders vision shifted 90% of their focus to what they call impact investments whereas similar foundations operate using a 20% target, adopting a “profits with purpose” approach. Recent investments include UK-based tech company Matter. The company focuses on developing solution for harvesting and recycling microplastics. Others include Beyond Mean, Farmer Focus, and renewable energy developers Common Energy. Lukas also holds a position on the environmental committee of the Walton Family Foundation and Walton Conservation Coalition. Mr. Walton has donated over $150m to the Walton Family Foundation which focuses on three main areas: K-12 education, ocean health and development of the Northwest Arkansas region.

Update 2024: This year Builders Vision hosted the Building for the Future retreat at the World Economic Forum. The retreat aimed to bring together diverse people and to discuss how capital can be used for positive global impact.

Picture source: Boxed Water Is Better