Gregory B. Penner aka Greg Penner Biography 2024 - American Billionaire

Gregory B. Penner aka Greg Penner Biography - American Billionaire

Gregory Boyd Penner is an American venture capitalist and a chairman of Walmart. Photo Source: Social Media.

Leave no stone unturned, they say. If you are persistent and keep doing what you want, eventually, you will reach heights you might have never imagined when you started. The life story of Gregory Boyd Penner is such an example. He started small unaware of what his future held. Today, he is a billionaire and CEO of Walmart. But he didn't achieve all of his success and glory overnight.

So, this article will unfold everything we know about Gregory Penner, commonly known as Greg Penner. Keep reading until the end to learn how he achieved great success and reached where many dreamed of being.

5 Facts on World's Richest Family 2021 - Bernard Arnault, The Multi-Billionaire Family

Born In A Big Family

Gregory Boyd Penner was born on December 18, 1969. He is the son of Clifford Penner and Joyce Penner, who are sex therapists based in Pasadena, California. Greg Penner's parents still continue their profession as therapists and as a team counseling couples and individuals.

Greg grew up with two sisters, Kristine Penner and Julene Penner. Their parents have written numerous books which are considered classic sexual manuals. The penners have earned their own renown and are living a comfortable and reputable life.

READ MORE: Winnie Johnson-Marquart Biography - American Billionaire

Journey From Being Walmart Employee To CEO

Greg got his bachelor's degree from Georgetown University, where he majored in International economics. Later, he got his MBA from the Stanford Graduate School of Business in 1997. After his studies, he started working as a financial analyst in an American multinational investment bank called Goldman Sachs and as a general partner of Peninsula Capital.

Penner didn't just land his position as CEO of Walmart. He worked hard, and it took him years to reach where he is today. Initially, he started as a store employee at Walmart and had various roles there. Due to his hard work and dedication, he was appointed as the CFO of Walmart Japan. Greg was committed to his job and was working to the best of his abilities to take Walmart to new heights. In 2008, he was finally appointed to the Walmart Board of Directors.

Besides being a talented and hard-working person, he was also the grandson-in-law of the company's founder, Sam Walton. So he just had to prove himself worthy, which he did. In 1992 after the death of Sam Walton, his son Robson Walton took over the company as CEO.  He took control of the company until 2015 and then passed it over to his son-in-law Greg Penner. Since 2016, Greg has been working actively as the company's chairman. 

Greg Penner Net Worth

Having served in several positions in a company worth fortunes, it is natural that Greg, too, is worth billions. According to Wallmine's report in 2016, Gregory Boyd Penner's net worth was estimated to be $876 million. It was the year he took over the CEO role at Walmart. Nonetheless, his fortune has subsequently grown over the years.

Greg Penner is one of the wealthiest Americans and is leading the biggest retail corporation. He continues working deliberately to maintain his billionaire status. All in all, Greg Penner's fortune is sure to rise in the future.

Learn about another inspiring story of Andy Jassy, CEO of Amazon, who succeeded Amazon's former CEO, Jeff Bezos.

Who Is His Wife?

Greg Penner is married to Carrie Walton. She is the daughter of Walmart's heir, Robson Walton. The Waltons are one of the wealthiest families in America, with a net worth of $224.5 billion in 2020. Greg Penner's wife, Carrie Walton's net worth is estimated to be around $5 billion.


Gregory Penner Partner

Gregory Penner is married to Carrie Walton. Photo Source: Social Media.

The couple met at Georgetown University as undergraduates. They are happily married and have four kids together. The details regarding Greg Penner's children are unknown. Nonetheless, the couple seems happy and still so in love with each other. We wish them a lifetime of togetherness.

Trivia And Facts

  • Greg is also the owner/CEO of the Denver Broncos.
  • His parents first published book is called, The Gift of Sex.

See any mistake? Help Us Correct

Submit a correction suggestion and help us fix it!

Submit a Correction

Related Articles