Doug McMillon Net Worth

Doug McMillon net worth in 2026 is estimated at $626 million, according to Quiver Quantitative, based on his Walmart stock holdings reported in SEC filings [1][2]. He owns about 4.4 million Walmart shares worth about $526.7 million, with the rest coming from decades of salary and bonuses.

Doug McMillon owns about 4.4 million shares of Walmart stock, worth an estimated $526.7 million as of late October 2026, according to Quiver Quantitative [1]. The Economic Times reported a slightly higher share count of 4.8 million in late 2025, before later filings showed the lower figure.

Doug McMillon total compensation as Walmart CEO was about $27.4 million in fiscal 2025, with a base salary of about $1.3 million [1][2]. More than 94.5 percent of his pay was performance based, meaning stock awards and bonuses, rather than fixed salary, which is typical for chief executives of large public companies.

Doug McMillon retired as Walmart chief executive on January 31, 2026, after leading the company since February 2014 [2][3]. He announced the decision in November 2025. He remains on the Walmart board until at least June 2026 and advises his successor, John Furner, through the fiscal year.

John Furner replaced Doug McMillon as Walmart chief executive on February 1, 2026 [2]. Furner was previously the head of Walmart US operations and had worked at the company for more than 30 years. McMillon said Furner was ready to run the company faster than he could.

Doug McMillon started at Walmart in 1984 as a summer associate unloading trucks at a distribution center in Bentonville, Arkansas, earning $6.50 an hour [1][3]. He later became an assistant manager, a buyer, head of Sam Club, head of Walmart International, and chief executive in 2014.