Amazon vs Walmart: Founders, CEOs and History
Amazon was founded in 1994 by Jeffrey Preston Bezos and is led by Andy Jassy. Walmart was founded in 1962 by Sam Walton and is led by John Furner.
Company facts
Founders
Amazon
Jeffrey Preston Bezos
Amazon was founded in 1994 by Jeff Bezos, an electrical engineering and computer science graduate from Princeton who was working as a paid quantitative analyst at the Wall Street firm D. E. Shaw & Co.
Walmart
Sam Walton
Sam Walton opened the first Walmart Discount City in Rogers, Arkansas in 1962 and built the company around low prices, low costs, and its own distribution network. He served as CEO until 1988 and remained chairman until his death in 1992.
CEOs and their tenures
Amazon
- Jeffrey P. Bezos1994–2021
Founder & CEO
Jeff Bezos founded Amazon in 1994 and was chief executive until July 2021. He moved the company beyond books in 1998, opened the store to third-party sellers in November 2000, launched Prime in 2005, funded AWS from 2006, and bought Whole Foods Market in 2017.…
Source - Andrew R. Jassy2021–present
CEO
Andy Jassy became Amazon's chief executive in July 2021. He started the AWS business in 2003 and led it as it grew into the largest cloud infrastructure provider by revenue, reporting $128.7 billion of net sales and $45.6 billion of operating income in FY2025.
Source
Walmart
- Sam Walton1962–1988
Founder and CEO
Founded Walmart and set its low-price, low-cost operating approach.
Source - Doug McMillon2014–2026
Former President and CEO
Led Walmart's push into ecommerce, marketplace, advertising, and store-fulfilled delivery, and oversaw the Jet.com, Flipkart, and VIZIO deals.
Source - Greg Penner2015–present
Chairman of the Board
Chairs Walmart's board; he is Sam Walton's grandson-in-law and a member of the Walton family.
Source - John David Rainey2022–present
Executive Vice President and CFO
Leads finance and also oversees customer service and energy functions.
Source - John Furner2026–present
President and CEO
Became President and CEO on February 1, 2026, succeeding Doug McMillon. He reshaped the executive team with internal promotions in January 2026.
Source - David Guggina2026–present
President and CEO, Walmart U.S.
Succeeded John Furner as head of Walmart U.S., the company's largest segment.
Source
Timeline: Amazon and Walmart side by side
1962Walmart
First Walmart Opens
Sam Walton opens the first Walmart Discount City in Rogers, Arkansas.
1970Walmart
Walmart Goes Public
Walmart sells shares to the public to fund expansion.
1983Walmart
Sam's Club Launches
The first Sam's Club warehouse club opens in Midwest City, Oklahoma.
1988Walmart
First Supercenter and New CEO
Walmart opens its first supercenter, and David Glass succeeds Sam Walton as CEO.
1994Amazon
Amazon Founded
Jeff Bezos incorporated the company as Cadabra, Inc. in Washington state on July 5, 1994, after leaving D. E. Shaw. He and MacKenzie Scott drove from New York to Seattle, and Bezos began building the website in the garage of a rented house in Bellevue.
1995Amazon
Amazon.com Launches
Amazon.com went live on July 16, 1995, selling books. In the first month the site shipped orders to all fifty US states and forty-five other countries.
1997Amazon
IPO on NASDAQ
Amazon went public on May 14, 1997, selling 3,000,000 shares at $18 each on NASDAQ under the ticker AMZN, raising $54 million. Net sales that year grew 838% to $147.8 million.
2000Amazon
Third-Party Marketplace Launch
Amazon Marketplace launched in November 2000, letting third parties sell on the same product pages as Amazon. Third-party sellers accounted for 61% of paid units by the fourth quarter of 2025.
2000Walmart
Lee Scott Becomes CEO
Lee Scott succeeds David Glass as CEO.
2005Amazon
Amazon Prime Introduced
Amazon announced Prime on February 2, 2005, a $79-per-year membership with unlimited two-day delivery on about one million items. The US price is now $139 a year.
2006Amazon
AWS Launches Cloud Services
Amazon Web Services announced Amazon S3 on March 14, 2006, followed by EC2 later that year. AWS reported $128.7 billion of net sales and $45.6 billion of operating income in FY2025.
2007Amazon
Kindle E-Reader Launch
Amazon released the first Kindle in November 2007 at $399, with free cellular downloads over Whispernet and the Kindle self-publishing service launched the same day.
2012Amazon
Kiva Systems Acquisition
Amazon agreed in March 2012 to buy Kiva Systems for approximately $775 million in cash, bringing warehouse robotics in house. Kiva became Amazon Robotics.
2014Amazon
Twitch Acquisition
Amazon agreed in August 2014 to acquire Twitch Interactive for approximately $970 million in cash, adding live game streaming and a creator community to its media assets.
2014Walmart
Doug McMillon Becomes CEO
Doug McMillon, who started as an hourly associate in 1984, becomes CEO.
2015Amazon
Echo and Alexa Reach Everyone
Amazon introduced the Echo speaker and the Alexa assistant in November 2014 for Prime members by invitation, then made Echo generally available in the US in June 2015.
2016Walmart
Jet.com Acquisition
Walmart buys Jet.com for about $3.3 billion to strengthen its U.S. ecommerce team.
2017Amazon
Whole Foods Acquisition
Amazon agreed in June 2017 to buy Whole Foods Market for $13.7 billion including debt, adding roughly 460 stores and a physical grocery base for delivery and pickup.
2018Walmart
Flipkart Investment
Walmart acquires a majority stake in Flipkart for about $16 billion.
2021Amazon
Andy Jassy Becomes CEO
Amazon announced on February 2, 2021 that Jeff Bezos would move to executive chair and Andy Jassy would become CEO. The handover took place on July 5, 2021.
2022Amazon
MGM Acquisition Completed
Amazon completed its acquisition of Metro-Goldwyn-Mayer in March 2022 at a purchase price of $8.45 billion, adding a library of more than 4,000 films and 17,000 television episodes to Prime Video.
2023Amazon
One Medical Deal Closes and the FTC Sues
Amazon completed its $3.9 billion acquisition of One Medical in February 2023. In September 2023 the FTC and 17 state attorneys general sued Amazon over marketplace practices, and that case is still unresolved.
2024Walmart
VIZIO Acquisition
Walmart completes its $2.3 billion purchase of smart-TV maker VIZIO to expand its advertising business.
2025Amazon
One Millionth Robot and Project Rainier
Amazon deployed its one millionth robot in mid-2025 across more than 300 facilities and released the DeepFleet AI model to route them. In October 2025 AWS brought Project Rainier, a cluster of roughly 500,000 Trainium2 chips built with Anthropic, fully online.
2025Amazon
FTC Prime Settlement and the Amazon Leo Rebrand
Amazon agreed in September 2025 to pay $2.5 billion to settle the FTC's Prime enrollment case, $1 billion in civil penalties plus $1.5 billion in customer refunds.
2026Amazon
Record FY2025 Results and 30,000 Corporate Cuts
Amazon reported FY2025 net sales of $716.9 billion, operating income of $80.0 billion, and net income of $77.7 billion. In January 2026 it cut about 16,000 corporate roles, following 14,000 in October 2025.
2026Walmart
John Furner Becomes CEO
John Furner succeeds Doug McMillon as President and CEO effective February 1, 2026; David Guggina takes over Walmart U.S.
2026Walmart
Q2 FY27 Results
Walmart reports Q2 FY27 revenue of $187.9 billion, up 5.9%, and raises full-year sales and operating income guidance.
Acquisitions
Amazon
- One Medical2023$3.9B
- Metro-Goldwyn-Mayer2022$8.4B
- Ring2018Undisclosed
- PillPack2018$753M
- Whole Foods Market2017$13.7B
- Twitch Interactive2014$970M
Questions about Amazon vs Walmart
Who is the CEO of Amazon.com, Inc. and Walmart Inc.?
Amazon.com, Inc. is led by Andy Jassy and Walmart Inc. is led by John Furner. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Amazon.com, Inc. founded vs Walmart Inc.?
Walmart Inc. was founded in 1962 — 32 years before Amazon.com, Inc., which was founded in 1994. Walmart Inc.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Amazon.com, Inc..
How many employees does Amazon.com, Inc. have compared to Walmart Inc.?
Amazon.com, Inc. employs approximately 1,576,000 people, while Walmart Inc. employs approximately 2,100,000. Walmart Inc. has the larger workforce at 2,100,000 employees, compared to Amazon.com, Inc.'s 1,576,000. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Amazon.com, Inc. and Walmart Inc. headquartered?
Both Amazon.com, Inc. and Walmart Inc. are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded Amazon.com, Inc. and Walmart Inc.?
Amazon.com, Inc. was founded by Jeffrey Preston Bezos. Walmart Inc. was founded by Sam Walton.
Which company has a longer operating history — Amazon.com, Inc. or Walmart Inc.?
Walmart Inc. has been operating for approximately 64 years, making it the more established of the two companies. Amazon.com, Inc. has been in operation for around 32 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Amazon vs Walmart overview