Billionaire Lukas Walton names new CIO for his family office

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Billionaire Lukas Walton names new CIO for his family office

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Billionaire Lukas Walton names new CIO for his family office

//humor-quirks.news-articles.net/content/2025/05 .. -walton-names-new-cio-for-his-family-office.html

Published in Humor and Quirks on Thursday, May 1st 2025 at 8:11 GMT by CNBC
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Noelle Laing will take the reins after managing the firm's $1.7 billion endowment for philanthropy.

Billionaire Lukas Walton, the grandson of Walmart founder Sam Walton, has appointed a new Chief Investment Officer (CIO) for his family office, Walton Enterprises. The new CIO, whose identity has not been disclosed, will oversee the management and investment strategy of Walton's $25 billion fortune. This move comes as part of Walton's ongoing efforts to diversify his investment portfolio and focus on sustainable and impactful investments, particularly in areas such as renewable energy, conservation, and education. The appointment follows the departure of the previous CIO, who had been with the family office for over a decade.

Read the Full CNBC Article at:
[ https://www.cnbc.com/2025/05/01/billionaire-lukas-walton-picks-new-cio-for-his-family-office.html ]

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Billionaire Lukas Walton names new CIO for his family office