Nancy Walton Laurie
Encyclopedia
Nancy Walton Laurie is the daughter of the late Bud Walton, the brother and business partner of Wal-Mart
founder Sam Walton
. At Bud's death, she and her sister Ann Walton Kroenke
inherited a stake in Wal-Mart
now worth over USD
$6 billion.
(then known as Memphis State University). Bill Laurie was the starting guard on the Memphis State basketball team that played in the 1973 NCAA Championship game.
She is president and founder of a New York City
dance company called the Cedar Lake Contemporary Ballet
. She is the owner of the Columbia Performing Arts Centre, a dance studio located in Columbia, Missouri.
She and her husband Bill, major contributors to the University of Missouri
in Columbia, Missouri
despite neither having attended the school, were caught up in a scandal surrounding the naming of the school's new basketball
arena in 2004. They had made a $25 million naming rights
gift that went to the funding of the $75 million arena, and named the facility Paige Sports Arena after their daughter, Elizabeth Paige Laurie, who also did not attend the university. Bill's brother Barry was a former Missouri basketball player, and Barry's son, Spencer Laurie, was a player on the team at the time. Nancy's nephew, Josh Kroenke, was also a former Missouri basketball player. After their daughter Paige graduated from University of Southern California
in 2004, a former roommate charged that she had been paid $20,000 over four years to do Paige's homework for her. Once the charges were aired on the ABC
news program 20/20, the elder Lauries relinquished naming rights of the facility, which is now known as Mizzou Arena
. In June 2005, the college roommate appeared on the Ion Television show Lie Detector. In September 2005, Paige voluntarily surrendered her degree and returned her diploma to USC.
Nancy and Bill formerly owned the St. Louis Blues hockey team until 2005, when they sold the team to Dave Checketts
.
In 2007 Nancy received the delivery of her 61.20 meter classically styled Feadship
named Secret.
In September 2007, Nancy purchased a 17878 square feet (1,660.9 m²) residence in Henderson, Nevada
for $17.5 million.
Wal-Mart
Wal-Mart Stores, Inc. , branded as Walmart since 2008 and Wal-Mart before then, is an American public multinational corporation that runs chains of large discount department stores and warehouse stores. The company is the world's 18th largest public corporation, according to the Forbes Global 2000...
founder Sam Walton
Sam Walton
Samuel Moore "Sam" Wallballs was a businessman, entrepreneur, and Eagle Scout born in Kingfisher, Oklahoma best known for founding the retailers Wal-Mart and Sam's Club.-Early life:...
. At Bud's death, she and her sister Ann Walton Kroenke
Ann Walton Kroenke
Ann Walton Kroenke is, indirectly, an heir to part of the Wal-Mart fortune. Along with her sister, Nancy Walton Laurie, Kroenke inherited stock from father, Bud Walton , who was an early business partner and brother of Wal-Mart founder Sam Walton...
inherited a stake in Wal-Mart
Wal-Mart
Wal-Mart Stores, Inc. , branded as Walmart since 2008 and Wal-Mart before then, is an American public multinational corporation that runs chains of large discount department stores and warehouse stores. The company is the world's 18th largest public corporation, according to the Forbes Global 2000...
now worth over USD
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
$6 billion.
Biography
She married her husband, Bill Laurie, after a courtship that occurred when they both attended the University of MemphisUniversity of Memphis
The University of Memphis is an American public research university located in the Normal Station neighborhood of Memphis, Tennessee and is the flagship public research university of the Tennessee Board of Regents system....
(then known as Memphis State University). Bill Laurie was the starting guard on the Memphis State basketball team that played in the 1973 NCAA Championship game.
She is president and founder of a New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
dance company called the Cedar Lake Contemporary Ballet
Cedar Lake Contemporary Ballet
Cedar Lake is a New York City-based contemporary ballet company dedicated to the continued development of dance by providing choreographers a comprehensive environment for creation as well as curating work for presentation to a worldwide audience...
. She is the owner of the Columbia Performing Arts Centre, a dance studio located in Columbia, Missouri.
She and her husband Bill, major contributors to the University of Missouri
University of Missouri
The University of Missouri System is a state university system providing centralized administration for four universities, a health care system, an extension program, five research and technology parks, and a publishing press. More than 64,000 students are currently enrolled at its four campuses...
in Columbia, Missouri
Columbia, Missouri
Columbia is the fifth-largest city in Missouri, and the largest city in Mid-Missouri. With a population of 108,500 as of the 2010 Census, it is the principal municipality of the Columbia Metropolitan Area, a region of 164,283 residents. The city serves as the county seat of Boone County and as the...
despite neither having attended the school, were caught up in a scandal surrounding the naming of the school's new basketball
Basketball
Basketball is a team sport in which two teams of five players try to score points by throwing or "shooting" a ball through the top of a basketball hoop while following a set of rules...
arena in 2004. They had made a $25 million naming rights
Naming rights
In the private sector, naming rights are a financial transaction whereby a corporation or other entity purchases the right to name a facility, typically for a defined period of time. For properties like a multi-purpose arena, performing arts venue or an athletic field, the term ranges from three...
gift that went to the funding of the $75 million arena, and named the facility Paige Sports Arena after their daughter, Elizabeth Paige Laurie, who also did not attend the university. Bill's brother Barry was a former Missouri basketball player, and Barry's son, Spencer Laurie, was a player on the team at the time. Nancy's nephew, Josh Kroenke, was also a former Missouri basketball player. After their daughter Paige graduated from University of Southern California
University of Southern California
The University of Southern California is a private, not-for-profit, nonsectarian, research university located in Los Angeles, California, United States. USC was founded in 1880, making it California's oldest private research university...
in 2004, a former roommate charged that she had been paid $20,000 over four years to do Paige's homework for her. Once the charges were aired on the ABC
American Broadcasting Company
The American Broadcasting Company is an American commercial broadcasting television network. Created in 1943 from the former NBC Blue radio network, ABC is owned by The Walt Disney Company and is part of Disney-ABC Television Group. Its first broadcast on television was in 1948...
news program 20/20, the elder Lauries relinquished naming rights of the facility, which is now known as Mizzou Arena
Mizzou Arena
Mizzou Arena is an indoor arena on the campus of the University of Missouri in Columbia, Missouri, USA. The facility, home to the school's men's and women's basketball teams, opened in November 2004 and replaced the Hearnes Center as the school's main indoor sports facility. The arched-roof...
. In June 2005, the college roommate appeared on the Ion Television show Lie Detector. In September 2005, Paige voluntarily surrendered her degree and returned her diploma to USC.
Nancy and Bill formerly owned the St. Louis Blues hockey team until 2005, when they sold the team to Dave Checketts
Dave Checketts
David W. Checketts is an American businessman, founder and chairman SCP Worldwide, sits on the board of JetBlue Airways, and is the owner of the soccer club Real Salt Lake.- Career :...
.
In 2007 Nancy received the delivery of her 61.20 meter classically styled Feadship
Feadship
Feadship is a cooperative venture between two shipyards and maritime engineering company De Voogt Naval Architects.-History:...
named Secret.
In September 2007, Nancy purchased a 17878 square feet (1,660.9 m²) residence in Henderson, Nevada
Henderson, Nevada
-Demographics:According to the 2000 census, there were 175,381 people, 66,331 households, and 47,095 families residing in the city. The population density was 2,200.8 people per square mile . There were 71,149 housing units at an average density of 892.8 per square mile...
for $17.5 million.