Nancy Walton was born on May 15, 1951, to the wealthy Walton family. Nancy has always lived a luxurious lifestyle. She is the younger daughter of Bud Walton, who was the brother and business partner of Walmart founder Sam Walton. She was brought up in Versailles, Missouri, where she met her future husband, Bill Laurie. At Bud’s death in the year 1995, she and her sister Ann Walton Kroenke inherited a stake in Walmart. Now the company’s market value is approximately $389.48 billion.
Educational background
Nancy Walton Laurie got a Bachelor of Arts from the University of Memphis, where she met her husband, Bill.
Personal life
Laurie married Bill Laurie after a love that happened when they both attended the University of Memphis then recognized as Memphis State University.
Bill Laurie Laurie is a childhood friend of Nancy. They married after completing their graduation. He was a teacher and a basketball coach. He is now a real estate developer and looking after the Walton family’s real estate portfolio.
Nancy and her husband Bill live in a huge mansion in Henderson, Nevada. They also have a spacious house in Los Angeles and a styled ranch mansion in Columbia, Missouri. The property is acknowledged as the Crown Center Farms. It is a 350-acre equine farm in Missouri, where they have Appaloosa horses.
In January 2015, she registered a lawsuit through her company, LW Partnership, against Mohamed Hadid, a property developer who is building a retaining wall next to the Bel Air house, alleging Hadid destroyed the roots of a eucalyptus tree. According to the Center for Investigative Reporting, Walton uses “at least 2.3 million gallons (8.7 million liters) per year” to water her Bel Air estate.
Professional Life
Nancy Laurie classifies herself as a “housewife” in Federal Election Commission filings. The Lauries have the Clayton, MO-based private holding company Linco Bankshares, which lists Nancy Laurie as its President and Founder. As of March 2013, the company declared total assets of over $658 million.
They operate several subsidiaries of Lincoshare, including Providence Bank, which they bought for $35.7 million in 2007, named Bank of Lincoln County at the time of purchase. By 2010 the bank had increased its assets to $150.2 million.
In October 2010, the Lauries purchased Premier Bank in Jefferson City, worth $1.2 billion.
Stake in Walmart:
At Bud’s death in the year 1995, she inherited a stake in Wal-Mart, now the company’s market value is approximately $389.48 billion. Nancy Walton is married to Bill Laurie. Nancy and Bill held the rights of the St. Louis Blues hockey team until 2005 when they sold the team to Dave Checketts.
Providence Bank:
Nancy and Bill are owners of the Providence Bank. First chartered in 1888, the bank started as the Bank of Lincoln County. In 2007 Nancy and Bill Laurie acquired the institution and started a branch in Columbia.
In 2008, the board modified the name to Providence Bank. Now it has two branches in Columbia and is headquartered there.
The bank has grown its assets aggressively since the Lauries acquired it, pumping up its balance sheet from USD 36 million at the end of 2006 to USD 170 million as of September 2010, according to financial data from the Federal Deposit Insurance Corp.
The most significant boost to Providence’s balance sheet came in October 2010 when it got the nine remaining branches and some USD, 658 million in assets from Premier Bank after the latter, was turned down by the FDIC.
Paige Sports Entertainment:
Nancy and Bill hold Paige Sports Entertainment, which works as their business holding and family business office. Paige Sports is titled after their daughter, Page Laurie.
Owning a Dance Studio and Dance Company
Nancy Walton Laurie is the owner of a dance studio named Columbia Performing Arts Center located in Columbia, Missouri.
Besides, she is also the president and founder of a dance company, which closed in 2015—Cedar Lake Contemporary Ballet, which is placed in New York City.
Feadship Secret
Nancy earlier owned the Feadship Secret but sold the yacht in 2010 to Bruce Sherman. The yacht is renamed, Majestic.
Abeking & Rasmussen yacht Secret
Nancy and her husband Bill are the owners of the Abeking& Rasmussen yacht Secret. It was listed for sale when they bought the 110 meters Oceanco Jubilee
Philanthropy:
With her husband, she donated US$25 million to the University of Missouri for the development of a new sports arena for the Missouri Tigers in 2001, to be named after their daughter Paige Laurie, who did not attend the university. However, it was declared shortly after the 2004–05 basketball season began that Paige Laurie paid her USC roommate to do much of her homework for her, even after the roommate left the university due to financial problems. The Lauries gave up the naming rights on November 23, 2004, to the university, which then renamed the arena with the university’s common nickname “Mizzou” and excluded all mention of Elizabeth Paige Laurie from the venue, beyond the bare minimum needed to acknowledge the Lauries’ gift. They have also given the E. Paige Laurie Professorship for the Equine Center at the College of Veterinary Medicine at the University of Missouri. According to The Los Angeles Times, they have also made philanthropic gifts for “a cancer research center” and “a shelter for abused women” and “a children’s hospital.”
Laurie is the founder of the Nancy Walton Laurie Leadership Institute at the Chi Omega sorority. She was the president and founder of a New York City
Nancy Walton Laurie Worth
Nancy Walton net worth is calculated at 7.5 billion USD
She also holds the Columbia Performing Arts Centre in Columbia. The Nancy Walton Laurie Leadership Institute of Chi Omega gives leadership training and education for women to encourage personal growth and prepare them to help the world.
Although Nancy Walton Laurie has inherited her fortune from his father but in order to maintain that lavish, she is playing her part intelligently. she is truly an inspiration for many women.
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