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 (57 Years)
Full NameCarl Douglas McMillon
GenderMale
Height5′ 10”
HoroscopeLibra
Country of OriginThe US
Source of WealthBusiness
Marital StatusMarried
Spouse (s)Shelley McMillon
ChildrenBlake and Spencer McMillon
Famous ForPresident & CEO of Walmart Inc.

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

1984

Doug McMillon started his career by working as a Summer Associate at Walmart Inc.

1989

Doug McMillon graduated from the University of Arkansas with a Bachelor’s Degree

1991

Doug McMillon completed his Master of Business Administration from the University of Tulsa

2005

Doug McMillon became the CEO of Sam’s Club, a division of Walmart Inc.

2009

Doug was appointed as the president of Walmart Inc.

2014

Doug McMillon was appointed as the CEO of Walmart Inc..

2018

Doug McMillon was ranked 23rd in “The World’s Most Powerful People 2018” list by Forbes

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

Favourite Quote 1 from Doug McMillon

“Helping other people develops your leadership skills, and people start to see you as a natural leader.” 

Doug McMillon 
Favourite Quote 2 from Doug McMillon

“Some of the wealthiest people in the world became wealthy by saving money.”

 – Doug McMillon
Favourite Quote 3 from 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
Favourite Quote 4 from 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
Favourite Quote 5 from 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
Favourite Quote 6 from 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

How much is the Net Worth of Doug McMillon?

Doug McMillon has an estimated net worth of around US$ 245 million as of 2022.

Where does Doug McMillon live?

Doug McMillon lives in Arkansas, United States.

What has Doug McMillon studied?

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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