Doug McMillon Net Worth, Wife, Children

By Kishor Shahi | Published On: 30 Aug, 2019
Doug McMillon Net Worth, Wife, Children

Doug McMillon is an American businessman prominently known as the President and CEO of The Walmart Inc. As the CEO of the company, he has brought up the companies' stores together with logistics network and digital commerce capabilities to make every day easier for customers. 

McMillon is on the board of members of Walmart. Also, he serves on the U.S.-China Business Council and Crystal Bridges Museum of American Art. 

Wife, Children

The President and CEO at Walmart Inc., Doug McMillon is the father of two children. He, along with his wife, Shelley McMillon treasured their intimate family bond by welcoming their first son, Blake in 1993. Also, they got blessed with their second child, Spencer in 1993. Currently, both of his children pursue their college-level education. 

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Concerning the soothing bond of the entrepreneur, he and his mistress enclose not only a personal relationship but also a professional connection. The happily married couple were spotted at Allen & Company Conference in Sun Valley, the United States in June 2019. 

Doug McMillon with his wife, Shelley McMillon (Photo: Shutterstock) 

Also, the couple contributed the gift of $1 million to Mercy’s Opening Doors capital campaign back in July 2019. Their support to the campaign puts over $20 million to philanthropic support toward a goal of $25 million. 

Besides their professional entanglements and treasured married life, the two has managed to conceal the information regarding the date of their wedding. Also, the updates on their romantic affairs remain the low-key as they focus on their career rather than relationship. 

Career And Net Worth

Doug McMillon, age 52, has not only handled the Walmart Inc. for decades but also has been generating a handsome income. He has an estimated net worth of $100 million along with a salary of $22 million. Previously, he accumulated the salary of $1.3 million and also was eligible for the worth $15.6 million as per the awards based on performance and values. Similarly, his qualifications showcased that he was entitled to $6.7 million in profits in incentives and compensations. 

McMillon joined the company in 2009 where he served his first presidential service until 2014. Also, he has been serving on the same post since February 2014 to the current time.

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Similarly, he was the President and CEO of Sam's Club from 2005 to 2009. Currently, Doug resides in his Bentonville, Arkansas house with his wife and kids. 

Family Background, Parents

His parents; Morris McMillon and Lauren McMillon raised him in Tennesse during his childhood. His dad, Morris, was in the US Army and has worked in Vietnam as a dentist. Doug frequently updates about his family life on social media portraying his love dimensions. Back on 8 May 2016, he wished his mama a warm Mother's day wish and thanked her for providing unconditional love. 

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Age, Education

Doug McMillon was born on 17 October 1966, in Tennessee, the United States. He pursued his education from the University of Arkansas from where he earned the Bachelor's degree of Science in Business Administration. Also, he attended the University of Tulsa and garnered the Masters of Business Administration in 1991.