Doug McMillon Net Worth, Wiki, Age, Height, Education, Career, Social Media & More
Doug McMillon Net Worth
$300 Million
Doug McMillon is a leading figure in the global business landscape, best known for his role as the CEO of Walmart, the world’s largest retail corporation. Under his leadership, Walmart has experienced significant Biogrowth, adapting to market changes and maintaining its dominance in both physical retail and e-commerce. McMillon’s ability to navigate Walmart through periods of transformation has solidified his position as one of the most influential business leaders of his time.
As of today, Doug McMillon’s remarkable career has led to a net worth of approximately $300 million, a reflection of his successful tenure at Walmart. His role in shaping the company’s future has made him one of the wealthiest individuals in the corporate world. McMillon continues to drive innovation at Walmart while securing his legacy as a visionary leader, steering the company through an evolving retail environment.
Doug McMillon Net Worth
Doug McMillon is a highly successful American businessman with a net worth of approximately $300 million. As the current President and CEO of Walmart, McMillon has played a key role in driving the company’s continued success and innovation. He took on the CEO role in 2014 after leading Walmart’s international division from 2009 to 2013. Prior to that, he was the head of Walmart’s Sam’s Club division from 2005 to 2009.
Under McMillon’s leadership, Walmart has strengthened its position as a global retail giant, focusing on expanding e-commerce, enhancing sustainability, and improving employee welfare. His strategic direction has helped Walmart navigate industry challenges and remain a top competitor in the retail space. Today, McMillon’s wealth reflects his hard work and success, making him one of the highest-paid executives in the world.
Who Is Doug McMillon?
Doug McMillon, born Carl Douglas McMillon on October 17, 1966, in Memphis, Tennessee, is a highly regarded American businessman. He is best known for being the current CEO of Walmart, one of the largest retail companies in the world. McMillon’s journey into the business world began with humble beginnings, working his way up through the ranks of Walmart over the years. He is a graduate of the University of Arkansas, where he earned a degree in business. His deep understanding of retail operations, combined with his drive and ambition, has made him an influential leader in the corporate world.
Having worked at Walmart for over two decades, McMillon has played a key role in shaping the company’s growth and evolution. Starting from an entry-level position, he quickly rose through the ranks, holding various leadership roles. His strategic thinking and ability to adapt to the rapidly changing retail landscape have been instrumental in maintaining Walmart’s competitive edge. Under his leadership, Walmart has expanded globally, embraced e-commerce, and prioritized sustainability. McMillon’s vision has helped Walmart navigate the challenges of the modern retail environment, solidifying his place as a respected and influential figure in the business world.
Doug McMillon Wiki/Bio
| Attribute | Details |
| Full Name | Carl Douglas McMillon |
| Date of Birth | October 17, 1966 |
| Place of Birth | Memphis, Tennessee, USA |
| Nationality | American |
| Profession | Business Executive |
| Carl Douglas McMillon net Worth | $300 Million (as of the latest estimate) |
| Current Role | CEO of Walmart |
Doug McMillon’s Early Life And Education
Doug McMillon was born as the eldest of three children to Laura and Morris McMillon. He grew up in Memphis, Tennessee, but his family moved to Jonesboro, Arkansas, when he was a child. At the age of 16, McMillon relocated to Bentonville, Arkansas, where he attended Bentonville High School.
After graduating from high school, McMillon attended the University of Arkansas in Fayetteville, where he earned his Bachelor of Arts degree in 1989. He then pursued an MBA from the University of Tulsa, graduating in 1991. His education provided him with a solid foundation for his career in business, and his time in college also helped him hone his leadership skills.
Doug McMillon’s Height And Age
Doug McMillon stands at an impressive 6 feet tall. His height matches the stature he has built over the years in the corporate world, where his leadership and business acumen have made him a prominent figure. Despite the visibility and pressure that come with being the CEO of Walmart, McMillon has always maintained a more reserved and humble public persona. His personal life, including his height, rarely makes headlines, as he prefers to focus on his role in guiding Walmart toward continued success.
As of 2025, McMillon is 58 years old. His age reflects the years of experience he has accumulated in the retail industry, particularly during his long tenure with Walmart. While many executives in his position may embrace the spotlight, McMillon has remained relatively low-key compared to other high-profile CEOs in the retail sector. His focus on the company’s growth and innovation has always taken precedence over his personal fame, allowing his leadership to speak for itself.
Doug McMillon’s Career Beginnings
Doug McMillon’s career at Walmart began in 1984 when he joined the company as a summer associate at a distribution center. He worked unloading trucks and quickly developed a work ethic that would shape his future career. He continued working for Walmart throughout his academic years and, after completing his MBA, joined Walmart full-time as an assistant manager at a store in Tulsa.
As McMillon’s career progressed, he held a variety of roles within the company, including buyer, merchandiser, and senior executive positions. His expertise in managing retail operations, coupled with his strong leadership skills, eventually led him to take on a senior management role.
Under his leadership, Sam’s Club adopted a strategy to better cater to small-business customers. His innovative strategies contributed to the division’s success during his tenure.
This division focused on Walmart’s operations in markets outside the United States, including Canada, the United Kingdom, and China. McMillon helped expand Walmart’s presence in these countries, while also overseeing the company’s acquisition of a majority stake in South African company Massmart Holdings.
By the time McMillon left the division in 2013, Walmart International was operating over 6,300 stores in more than 25 countries, and the division had grown at a pace that outstripped Walmart’s operations in the U.S.
Doug McMillon Personal Life
Doug McMillon leads a fulfilling personal life alongside his wife, Shelley, and their two children, Blake and Spencer. The family resides in Bentonville, Arkansas, where Doug has maintained strong roots, reflecting his long-standing connection to Walmart’s headquarters. His commitment to family life is evident in how he balances his demanding career with his responsibilities at home.
Shelley and Doug McMillon have been married for many years, supporting one another as they navigate both personal and professional endeavors. Their relationship remains an important part of Doug’s foundation, providing stability and encouragement throughout his impressive career. Together, they have created a close-knit family environment for their sons.
ole in his values and decision-making processes. His faith has been a guiding force in his life, impacting not only his career but also his personal interactions.
He often prioritizes family, faith, and personal growth, which speaks to his grounded nature despite his immense success.
Doug McMillon As Walmart’s CEO
His leadership came at a challenging time for the company, as it faced rising competition from retail giants like Amazon and Costco. McMillon took swift action by increasing wages for U.S. hourly workers, investing $1 billion into Walmart’s e-commerce operations, and restructuring the executive team. He also prioritized environmental sustainability by implementing energy-efficient LED lighting in stores, making significant strides in reducing the company’s carbon footprint.
Under McMillon’s leadership, Walmart has made notable strides in bolstering its online and in-store shopping experiences. In addition to his work on operational strategies, McMillon has also made headlines for his political activism, especially on issues like inclusion and gun control.
Doug McMillon’s Social Media
Doug McMillon has intentionally maintained a private and reserved public persona throughout his career. Unlike many high-profile CEOs, he does not frequently engage with the media or post personal updates on social media platforms. His approach to public life is more focused on his role as the leader of Walmart, where his professional achievements speak louder than his personal presence in the spotlight. McMillon’s preference for privacy allows him to focus on his leadership, away from the distractions of social media attention.
. He has used his position to promote important social and economic issues, particularly in areas like sustainability and community development. His leadership style at Walmart combines personal humility with strategic innovation, driving the company’s continued global success. McMillon’s ability to balance corporate growth with social responsibility has helped shape his positive public image.
FAQs About Doug McMillon Net Worth
Q. What is Doug McMillon net worth?
Doug McMillon net worth is estimated at $300 million, primarily driven by his role as CEO of Walmart.
Q. How much does Doug McMillon make annually?
McMillon earns an annual salary of around $22 million, with additional stock options that could exceed $120 million.
Q. What role does Doug McMillon hold at Walmart?
Doug McMillon has been the President and CEO of Walmart since 2014, leading the company through significant growth.
Q. How did Doug McMillon accumulate his wealth?
McMillon’s wealth comes from his leadership at Walmart, including stock holdings, salary, and various performance-related incentives.
Q. What are Doug McMillon’s other business endeavors?
While his main focus remains Walmart, McMillon has held various leadership roles within the company, including overseeing its international division and Sam’s Club.
Conclusion
Doug McMillonnet worth of $300 million reflects the immense success he has achieved through his leadership of Walmart. Over the years, he has skillfully steered the retail giant through a period of technological and market change, focusing on both traditional retail and e-commerce to keep the company competitive. His approach has not only increased Walmart’s profitability but also led to growth across its global operations, cementing his legacy as one of the most influential corporate leaders of his generation.
McMillon’s wealth, earned through a combination of salary, stock options, and strategic business decisions, showcases the impact of his visionary leadership. As he continues to lead Walmart into the future, his success serves as an example of how effective management and long-term strategy can result in both financial and professional accomplishments. Doug McMillon’s journey proves that consistent, forward-thinking leadership is key to building significant wealth and influence in the business world.
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