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Mergers & Acquisitions
April 8, 2022, 6:22 PM

Walmart Heir Rob Walton Is Said to Plan Bid for NFL’s Broncos

By Devon Pendleton, Heather Perlberg and Gillian Tan

Devon Pendleton
Devon Pendleton
Bloomberg News
Heather Perlberg
Heather Perlberg
Bloomberg News
Gillian Tan
Gillian Tan
Bloomberg News
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Rob Walton, the eldest son of Walmart Inc. founder Sam Walton, is planning a bid for the National Football League’s Denver Broncos, according to people familiar with the process.

A former chairman of the world’s largest retailer, Walton, 77, is the 17th-richest person on Earth with a net worth of $68.9 billion, according to the Bloomberg Billionaires Index.

Rob Walton
Photographer: Rick T. Wilking/Getty Images

A Walmart spokesman declined to comment, as did a spokesman for the Broncos. A representative for Madrone Capital Partners, the Menlo Park, California-based investment firm that manages part of Rob Walton’s fortune, didn’t immediately respond to requests for ...

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