Walmart Inc., the world’s largest retailer and the largest company by revenue on the planet, has been led by President and CEO Doug McMillon since February 1, 2014. McMillon’s story with Walmart began three decades earlier when, as a teenager in 1984, he took a summer job loading trucks at a Walmart distribution center in Bentonville, Arkansas. Rising through nearly every level of the company — from buyer to merchandiser to President of Sam’s Club to head of Walmart International — McMillon became Walmart’s fifth CEO and the youngest in the company’s history. Under his leadership, Walmart has grown from a $476 billion company to a $681 billion revenue powerhouse, with e-commerce surpassing $100 billion annually and the company crossing the $1 trillion market cap milestone in early 2026.
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Walmart Competitors
Walmart competes across multiple retail segments — grocery, general merchandise, e-commerce, and wholesale. The key competitors of Walmart Inc. include:
- Amazon – Walmart’s biggest rival in e-commerce and increasingly in grocery (Whole Foods, Amazon Fresh)
- Costco Wholesale – membership-based warehouse retailer with $254B+ in annual revenue
- Target Corporation – general merchandise and grocery retailer with ~1,950 U.S. stores
- Kroger – America’s largest supermarket chain with ~2,800 stores in 35 states
- Alibaba Group – Chinese e-commerce giant and global retail competitor
- Carrefour – Europe’s largest retailer, operating in 30+ countries
- Aldi (Schwarz Group) – fast-growing discount grocer expanding aggressively in the U.S.
- The Home Depot – dominant home improvement retailer in the top 5 U.S. retailers by revenue
Doug McMillon – Quick Facts
Doug McMillon Net Worth 2026 – Walmart CEO Salary
As of 2026, Doug McMillon’s net worth is estimated at approximately $250–300 million USD, based on his accumulated Walmart stock holdings, SEC filings, and decades of compensation from the company. McMillon has been among the highest-paid CEOs in American retail, though his compensation remains modest relative to Walmart’s enormous scale — the company generates over $1.8 billion in revenue per day.
Walmart CEO Compensation Breakdown (FY2025)
Key Insight: Over 94.5% of Doug McMillon’s compensation is performance-based (stock awards + bonus), with only 5.5% from base salary. His pay rose 1.6% year-over-year, driven by Walmart achieving 5.5% constant-currency sales growth and operating income growing faster than revenue in FY2025.
Walmart Net Worth 2026 – Is Walmart Profitable?
Yes, Walmart is not only profitable but one of the most profitable retailers in the world. Under Doug McMillon’s leadership, Walmart has delivered consistent revenue growth, expanded e-commerce to over $100 billion annually, and pushed its market capitalization past the $1 trillion mark in early 2026 — a historic milestone for a brick-and-mortar-rooted retailer.
Walmart Financial Summary (FY2025)
Historic Milestone: In early 2026, Walmart became only the 12th company in history to reach a $1 trillion market capitalization. WMT stock climbed over 28% in the past year, fueled by e-commerce growth, advertising revenue, and the expansion of Walmart+ membership.
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Walmart CEO Email Address | Doug McMillon Contact
Below are the official contact details and social media profiles for Walmart CEO Doug McMillon:
Career & Education – Company, University, & College
Doug McMillon’s entire career has been built at Walmart — a remarkable 40-year journey from teenage summer worker to the helm of the world’s largest company. He is one of the rare Fortune 500 CEOs who started at the very bottom of the organization he now leads.
Doug McMillon Career Timeline
McMillon first joined Walmart in 1984 as a summer associate, where his job was unloading trucks at a distribution center in Bentonville. After earning his MBA from the University of Tulsa in 1991, he returned full-time as an assistant manager at a Walmart store in Tulsa, Oklahoma, before transferring to the Bentonville headquarters to join the buyer training program. He started by buying fishing tackle and went on to serve as a buyer and merchandiser across food, apparel, crafts, and furnishings.
In August 2005, McMillon was promoted to President and CEO of Sam’s Club, Walmart’s wholesale warehouse division, where he led the 600+ club operation until 2009. He then took charge of Walmart International, overseeing 6,100+ stores and 700,000 associates across 26 countries. On November 25, 2013, Walmart announced McMillon would replace Mike Duke as CEO effective February 1, 2014, making him the company’s fifth — and youngest — chief executive at age 47.
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Education
Doug McMillon graduated from the University of Arkansas in 1989 with a Bachelor of Science in Business. He then enrolled at the University of Tulsa in Oklahoma, completing his MBA in 1991 before rejoining Walmart full-time at the Bentonville headquarters.
Doug McMillon Wiki – Age, Family, & More
Carl Douglas McMillon (age 58) was born on October 17, 1966, in Memphis, Tennessee. He grew up the oldest of three children of Laura and Morris McMillon, a dentist. The family initially settled in Jonesboro, Arkansas, before moving to Bentonville when Doug was 16 years old — a relocation that would shape his entire career, as Bentonville is the hometown of Walmart. McMillon was a basketball player at Bentonville High School and has remained an avid sports fan throughout his life.
Doug and his wife Shelley McMillon, an educator and philanthropist who studied at Missouri State University, have been married for over 30 years. They met during their college years and share a deep commitment to community service. The couple have two sons, Spencer McMillon and Blake McMillon, who have ventured into business together as co-founders of Urbn Share, a hospitality startup. The McMillon family resides in Bentonville, Arkansas.
Notable Achievements & Recognitions
- Business Roundtable Chairman – Served as Chairman of the Business Roundtable, a leading CEO advocacy group
- Fortune’s Businessperson of the Year – Named #1 on Fortune’s Businessperson of the Year list
- E-Commerce Transformation – Spearheaded Walmart’s $100B+ e-commerce operation, including the $16B Flipkart acquisition (2018)
- Wage Increases – Championed multiple rounds of minimum wage increases for Walmart associates
- $1 Trillion Milestone – Led Walmart to become a trillion-dollar company by market cap in early 2026
- COVID-19 Response – Oversaw Walmart’s critical role in pandemic supply chain, vaccination distribution, and essential worker safety
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About Walmart
Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Founded on July 2, 1962, by Sam Walton and his brother James “Bud” Walton in Rogers, Arkansas, Walmart has grown from a single discount store into the world’s largest company by revenue and the largest private employer on the planet.
Today, Walmart operates 10,771 stores across 19 countries under various banners including Walmart, Sam’s Club, and Flipkart. With over 2.1 million associates worldwide (1.6 million in the U.S. alone), Walmart serves approximately 240 million customers weekly. The company’s operations span three segments: Walmart U.S., Walmart International, and Sam’s Club. Under Doug McMillon, Walmart invested heavily in technology, e-commerce, supply chain automation, and new revenue streams like Walmart Connect (advertising) and Walmart+ (membership), transforming the legacy retailer into a modern omnichannel powerhouse. Walmart is publicly traded on the NYSE under the ticker WMT and is headquartered in Bentonville, Arkansas.
Frequently Asked Questions
Who is the CEO of Walmart?
Doug McMillon (C. Douglas McMillon) has served as President and CEO of Walmart Inc. since February 1, 2014. He is the fifth CEO in Walmart’s history and was the youngest person to hold the position when he was appointed at age 47.
What is Doug McMillon’s salary?
Doug McMillon’s total compensation for fiscal year 2025 was approximately $27.4 million. This includes a base salary of $1.505 million, stock and option awards of $20.375 million, a performance cash bonus of $4.356 million, and other compensation of $1.172 million. Over 94% of his pay is performance-based.
What is Doug McMillon’s net worth?
Doug McMillon’s net worth is estimated at approximately $250–300 million as of 2026. His wealth comes primarily from accumulated Walmart stock holdings and decades of compensation. Some estimates place his net worth higher, factoring in unvested stock awards.
How did Doug McMillon start at Walmart?
McMillon first joined Walmart in 1984 as a teenage summer associate, where his job was loading and unloading trucks at a Walmart distribution center in Bentonville, Arkansas. He later worked as a store assistant manager, then joined the buyer training program after completing his MBA. He rose through the ranks over 30 years before becoming CEO.
What is Doug McMillon’s email address?
Doug McMillon can be contacted via email at [email protected]. He is also active on LinkedIn and Instagram (@dougmcmillon). For corporate inquiries, you can reach Walmart’s headquarters at 702 SW 8th Street, Bentonville, AR 72716.
How much revenue does Walmart generate?
Walmart generated $681 billion in total revenue for fiscal year 2025 (ending January 31, 2025), making it the world’s largest company by revenue. This represents a 5.1% increase over the prior year. Walmart’s net income was $19.4 billion, and the company crossed the $1 trillion market cap threshold in early 2026.
Article last updated:March 2026March 2, 2026
All information compiled from publicly available sources including SEC filings, Walmart proxy statements, corporate press releases, and verified news reports. Net worth figures are estimates and may vary by source.