His father, Sam, had co-founded the world’s largest retailer company ‘Walmart’ with his brother, Bud Walton, in 1962, when Jim was 14 years old. Jim Walton was born in Newport, Jackson County, Arkansas, the third child of Walmart co-founder Sam Walton (1918–1992) and Helen Walton (1919–2007), with siblings Rob Walton, Alice Walton, and John Walton (1946 – 2005). Thereafter, he began a new tenure as the president of ‘Walton Enterprises.’ In September 2005, following the demise of his older brother, John, Jim became a member of Board of Directors of ‘Walmart.’ He also served as the CEO of the ‘Arvest Bank,’ which is owned by his family. [6] As of March 2020, Walton was the 8th-richest person in the world, with a net worth of US$54.6 billion. In 2014 Jim Walton is the 10th having net worth of 37,4 billion dollars. Ranked as the ten richest men in the world by the Forbes List, Jim Walton is the CEO of Wal-Mart. In addition, the bank owns many mortgage and insurance companies as well. Jim is a shy individual and does not like to be in the limelight. He and his wife, Lynne McNabb Walton, have four children: Alice A. Proietti (born November 1979), Steuart Walton (born April 1981), Thomas L. Walton (born September 1983), and James M. Walton (born August 1987). [17] As of March 2019, he was ranked as the 16th-richest person in the world, with an estimated net worth of $45.7 billion. Although ‘Arvest’ never came into the big league at the national level banking, it did manage to perform quite well on the net interest margin scale, considering the limited core area of its operations. He was born into one of the richest business families in the country. To prepare for that, he attended the ‘University of Arkansas’ and earned a bachelor’s degree in Business Administration. [8] On the 2013 Forbes 400 list of the richest people in America he is ranked at #7. [16], He and his wife, Lynne McNabb Walton, have four children: Alice A. Proietti (born November 1979), Steuart Walton (born April 1981), Thomas L. Walton (born September 1983), and James M. Walton (born August 1987). Jim is a shy individual and does not like to … He was born in Kingfisher, Oklahoma. Alice A. Proietti, Steuart L. Walton, Thomas L. Walton , and James M. Walton. Nationality: Steuart Walton was born in Bentonville, Arkansas to father Jim Walton, a former director of Walmart and current Chairman of Arvest Bank, and mother Lynne McNabb Walton. She resides in Mineral Wells, Texas. Jim Walton is married to Lynne McNabb Walton and they both have got four children. Son:Â Thomas Layton Walton James Carr Walton, also called Jim Carr or Jim Walton is an American businessman born in 1948 in June. Married thrice, his first wife was Patricia Rawlings Walton, whom he divorced in late 1970s. [2] He is currently on the Strategic Planning and Finance committees. Four candidates in eight districts, including Sandy Holloway, James Garvey in District 1 (suburban New Orleans), and Holly Boffy were declared "acceptable" to the PAC. Thereafter he returned to Arkansans and joined the family business. In 2016, a report stated that Jim owned 152 million shares in Walmart, valued at $11 billion. Jim Walton Net Worth. [10] He was CEO of his family owned Arvest Bank, until becoming Chairman of Arvest Bank, and Chairman of newspaper firm Community Publishers Inc. (CPI) owned by Jim Walton himself (but founded by his father Sam Walton after acquiring the local newspaper the Benton County Daily Record, both operating in Arkansas, Missouri, and Oklahoma[11][13]).
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