Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says ‘If your tariff was 0%, there’s no need to commit fraud’: The White House is sounding off on a $112 billion tariff-dodging scheme it made worse U.S. stocks fall after Iran says Strait of Hormuz will remain shut Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf Gordan Chang – “China Is Broke – Rulers Are Desperate – Bad Things Are Going to Happen” American Airlines will stop upgrading elite flyers to business from coach on long domestic flights Does Africa still back Infantino as Fifa president? A billion SpaceX shares unlock Thursday. Wall Street isn’t worried: ‘You never bet against Elon.

Drayton McLane Jr

Drayton McLane Jr

Drayton McLane Jr (#955)

Global Rank #955
Country Rank #365
Country United States

Drayton McLane Jr is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 5 B
  • Walmart, logistics
  • United States
  • M
  • 90 Years

Snapshot

Quick Facts

Global Rank #955
Country Rank #365
Net Worth $4.5B
Previous Worth $4.5B
Worth Change +$0.0B
Country United States
Industry Walmart, logistics
Age 90 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 26 Jul 2026, 12:00 AM
Residence Temple, Texas
World Billionaires List United States Billionaires Walmart, logistics

Profile Data

Personal Stats

Age 90
Source Of Wealth Walmart, logistics
Self Made Score 5
Philanthropy Score 2
Residence Temple, Texas
Citizenship United States
Marital Status Married
Children 2
Education Master of Business Administration, Broad College of Business; Bachelor of Arts/Science, Baylor University
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $4.5B
Current Net Worth $4.5B

Worth as of May 4, 2026

About Me

Drayton McLane turned his family's grocery distribution company, McLane Co., into an international firm and sold it to Walmart. McLane became president and CEO of McLane Co. and ran it for almost 30 years, averaging yearly sales growth of 30%. In 1991, he sold McLane Co. to his friend Sam Walton for $50 million and 10.4 million shares of Walmart. In 2003, Walmart sold the company to Warren Buffett's Berkshire Hathaway for $1.45 billion. Shortly after 1991, he founded McLane Company, a holding company with a wide array of investments, including a stake in the Houston Astros.

Insights

Did You Know?

McLane started working for the family business at the age of nine, spending Saturdays and summers sweeping floors and stacking inventory.

As a result of donations to both of his alma maters, Michigan State University and Baylor University have stadiums named after him.

Wealth Growth

Net Worth Growth Over Time

Tracking Drayton McLane Jr's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $4.5B (May 4, 2026)

© Iconic Billionaires