Lukas Walton, the billionaire grandson of Walmart founder Sam Walton, is reinventing the family office.
Lukas Walton, the billionaire grandson of Walmart founder Sam Walton, is reinventing the family office — building a multi-billion-dollar funding machine that powers charities, tech start-ups, public companies and activists seeking global change. Walton, 36, last year launched Builders Vision, a one-stop-shop of impact investing based in Chicago with more than $4 billion in assets. It includes a venture capital firm, philanthropy and asset management, all managed by a team of 100 staffers.
HIs mother, Christy Walton, shifted his diet to fruits and vegetables mainly grown in their garden -- which he credits for helping his recovery. Builders Vision was an early investor in SweetGreen and Beyond Meat and is funding dozens of other food-related start-ups including Soli Organic, an indoor-agriculture company, to Imagindairy, which makes animal-free milk proteins.
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