Wally is a given name, and a nickname for Wallace and Walter. Notable people with this given name include:
Wallace Smith Broecker (born 1931), American geochemist
Wally Bruner (1931–1997), American journalist and game show host
Wally Butts (1905–1973), American former football coach
Wally Chambers (born 1951), American football player
Wally Cox (1924–1973), American comedian and actor
Wally Dallenbach Jr. (born 1963), American racecar driver
Wally Dallenbach Sr. (born 1936), American racecar driver
Wally Downes (born 1961), English association footballer and coach
Wally George (1931–2003), American commentator born George Walter Pearch
Wally Green (born 1918), English motorcycle speedway rider
Wally Hayward (1908–2006), South African ultra distance runner
Wally Kurth (born 1958), American daytime soap opera actor
Wally Lewis (born 1959) Australian rugby league footballer
Wally Moon (born 1930) American baseball player
Wally Parks (1913–2007), one of the founders of the National Hot Rod Association
Wally Phillips (1925–2008), former United States radio personality
Wally Price (born 1925), Australian rules footballer
Wally Prigg (1908–1980), Australian rugby league footballer
Wally Schirra (1923–2007), American astronaut
Wally Szczerbiak (born 1977), retired National Basketball Association player
Wally Wingert (born 1961), American voice actor
