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re: Arkansas billionaires have created an NIL fund

Posted on 1/27/22 at 11:11 am to
Posted by PineyWoodsHog
Texas
Member since Sep 2021
1561 posts
Posted on 1/27/22 at 11:11 am to
quote:

Has Walmart announced their involvement yet?

Wait and watch. Walmart will not be involved.


You may or may not be right but 'Wal-Mart' doesn't have to be involved for some of the Waltons to be.
Posted by Numberwang
Bike City, USA
Member since Feb 2012
13163 posts
Posted on 1/27/22 at 3:24 pm to
Regarding the Waltons:

They invest primarily in Qualify of Life improvements around NWA, cultural and recreational amenities. They also focus on environmental issues both here, and in Colorado. They have spent a lot of money improving schools (and supporting charter schools) in the Mississippi Delta, both in Arkansas and Mississippi.

Two of the heirs worth $65+ Billion each, are University of Arkansas alums. Alice is not an alumnus, although she donates a lot to the University herself. The current Walmart CEO, Doug McMillian is also an Arkansas grad. He makes $22 million per year, and his current net worth is over $225 million.

Those are just the obvious ones with University of Arkansas ties. There are lots of lower-tier Walmart-related people with net worths between $10-$100 million in NWA that nobody outside of the area has ever heard of.

Our bench is deep, and our second-string donors would be starters at places like Ole Miss and State (and probably LSU).

This post was edited on 1/27/22 at 3:26 pm
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