Doug McMillon Net Worth
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What is Doug McMillon Net Worth?
Doug McMillon Net Worth is US$ 245 Million as of January 2023.
| Net Worth | US$ 245 Million |
| Born: | October 17, 1966 (58 Years) |
| Full Name | Carl Douglas McMillon |
| Gender | Male |
| Height | 5′ 10” |
| Horoscope | Libra |
| Country of Origin | The US |
| Source of Wealth | Business |
| Marital Status | Married |
| Spouse (s) | Shelley McMillon |
| Children | Blake and Spencer McMillon |
| Famous For | President & CEO of Walmart Inc. |
Table of Contents
Biography
Doug McMillon is a famous American Businessman. He is famous as the President & CEO of Walmart Inc. company. Doug is also a member of the Retailer’s Board of Directors. In 2014, he was appointed as the 5th CEO of the company. Forbes ranked Doug McMillon 23rd in the “The World’s Most Powerful People 2018” list. He has studied at the University of Arkansas and has completed his Masters of Business Administration from the University of Tulsa. Doug McMillon lives in Arkansas, United States, and has an estimated Net Worth of US$ 245 million.
Timeline
Early Life
Doug McMillon was born in Tennessee, United States, on October 17, 1966. He is the first child of his parents, Laura and Morris McMillon, and has 2 siblings. When Doug was 16 years old, his family moved to Arkansas. He played Basketball during high school for the Bentonville High School Basketball team. Doug started his career by working as a Summer Associate at Walmart Inc. In 1989, He graduated from the University of Arkansas with a Bachelor’s Degree. Doug later completed his Masters of Business Administration from the University of Tulsa. He is married to Shelley McMillon, and they have two children named Blake and Spencer McMillon.
Career
Doug McMillon started his career by working as a summer associate at Walmart Inc. in 1984. He used to work at a distribution center of Walmart Inc. unloading trucks. Later on, Dough graduated from the University of Arkansas with a Bachelor’s Degree in 1989. He was interested in the buyer training program at Walmart Inc. Dough later worked as an Assistant Manager at a Walmart Store. After completing his Masters of Business Administration from the University of Tulsa in 1991, he joined the buyer training program at Walmart Inc. Later on. He worked in various roles at Walmart Inc., including the General Merchandise Manager.
Doug became the CEO of Sam’s Club, a division of Walmart Inc., in 2005. He worked as the CEO of Sam’s Club till 2009. In 2009, Doug was appointed as the president of Walmart Inc. After that, and he worked as the president of Walmart Inc. until 2014. Later in 2014, Doug was appointed as the 5th CEO of Walmart Inc. Under his leadership, the company saw tremendous growth. He was ranked 23rd in the “The World’s Most Powerful People 2018” list by Forbes in 2018. Under his leadership, Doug focused on the welfare of employees at Walmart Inc.
Highlights
- Doug McMillon started his career by working as a Summer Associate at Walmart Inc. in 1984
- Doug McMillon became the CEO of Sam’s Club, a division of Walmart Inc., in 2005
- Doug McMillon was appointed as the president of Walmart Inc. in 2009
- Doug McMillon was appointed as the CEO of Walmart Inc. in 2014
Favourite Quotes from Doug McMillon
“Helping other people develops your leadership skills, and people start to see you as a natural leader.”
– Doug McMillon
“Some of the wealthiest people in the world became wealthy by saving money.”
– Doug McMillon
“Whatever you’ve been asked to do, whatever your role is today, do it well, deliver results, and do it with integrity.”
– Doug McMillon
“The role of innovation inside the company is so important. That’s how we get growth, and there’s no way to drive innovation without learning and change.”
– Doug McMillon
“Deciding to listen with open ears and an open heart brings us together. We need to seek to really understand each other. We need to demonstrate empathy. If we can make these individual connections, we can strengthen our communities and nation.”
– Doug McMillon
“The best leaders lead through influence and collaboration, regardless of their title.”
– Doug McMillon
Keys Life Lessons from Doug McMillon
We now know everything about Doug McMillon and his net worth. Let’s look at some of his lessons.
1. Think Big in Life
We should think significantly in life and achieve big goals.
2. Improvise Constantly
We should improvise ourselves constantly in life.
3. Understand the Customer’s Perspective
We should understand the perspective of customers in any business.
Frequently Asked Questions
Doug McMillon has an estimated net worth of around US$ 245 million as of 2022.
Doug McMillon lives in Arkansas, United States.
Doug McMillon has studied Master of Business Administration at the University of Tulsa.
Summary
Doug McMillon is the President & CEO of Walmart Inc. He was appointed the 5th CEO of Walmart Inc. Doug was born in Tennessee, United States. He moved with his family to Arkansas when he was 16. Doug started his career by working as a Summer Associate at Walmart Inc. in 1984. He holds a Bachelor’s Degree from the University of Arkansas and a Master of Business Administration Degree from the University of Tulsa. Doug McMillon has an estimated Net Worth of US$ 245 million as of 2023.
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