Jim Walton

About Jim Walton

Who is it?: Chairman and CEO, Arvest Bank Group, Inc.
Birth Day: June 07, 1948
Birth Place: Bentonville, Arkansas, United States
Birth Sign: Cancer
Residence: Bentonville, Arkansas
Citizenship: United States
Education: Marketing degree from University of Arkansas at Fayetteville (1971)
Occupation: Chairman of Arvest Bank Chairman of Community Publishers
Known for: Walton family fortune
Board member of: Arvest Bank Community Publishers Walmart
Spouse(s): Lynne McNabb
Children: 4
Parent(s): Sam Walton (father) Helen Walton (mother)
Relatives: Rob Walton (brother) John Walton (brother) Alice Walton (sister)
Family: Walton

Jim Walton


Fashion and Retail

Jim Walton is Chairman and CEO, Arvest Bank Group, Inc. born on June 07, 1948 in Bentonville, Arkansas, United States. At age 70 Jim Walton net worth is approximately $42.36 Billion. Jim Walton is the youngest son of Wal-Mart founder Sam Walton. He runs the family's Arvest Bank, which boasts assets of more than $16 billion.

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💰 Net worth: $42.36 Billion

2009 $19.6 Billion
2010 $20.1 Billion
2011 $21.1 Billion
2012 $26.8 Billion
2013 $33.8 Billion
2014 $36 Billion
2015 $33.7 Billion
2016 $35.6 Billion
2017 $34 Billion
2018 $42.36 Billion

Biography/Timeline

1918

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 (d. 2005). After graduating from Bentonville High School in 1965 where he was President of his junior class, played football at all-state level and also learned to fly a plane, Walton received a bachelor's degree in Business Administration in Marketing from the University of Arkansas in Fayetteville, Arkansas in 1971, where he was also a member of the Lambda Chi Alpha fraternity. In 1972, he joined Walmart and was involved in its real estate dealings. After serving for four years, he moved to the family owned Walton Enterprises as President in 1975.

1979

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). The family resides in Bentonville, Arkansas.

2005

On September 28, 2005, Walton replaced his deceased brother, John, on the Wal-Mart Board of Directors. He is currently on the Strategic Planning and Finance committees. 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). He has pledged about $2 billion to the Walton Family Foundation along with his siblings from 2008 to 2013.

2014

He is currently ranked at #10 on the 2014 Forbes list of billionaires with a net worth of $34.7 billion that has increased by $3 billion. On the 2013 Forbes 400 list of the richest people in America he is ranked at #7.

2015

On October 15, 2015, The Baton Rouge Advocate in the capital city of Baton Rouge, Louisiana, reported that PAC-Empower Louisiana had allocated about $818,000 to candidates running for the Louisiana Board of Elementary and Secondary Education who support the Common Core State Standards Initiative. The political action committee members include Alice and Jim Walton, Eli Broad of Los Angeles, California, and the trade association, the Louisiana Association of Business and Industry. 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. Holloway collected $87,696; Garvey, the board vice President, $230,459; Boffy, another incumbent from Lafayette, $107,145. The Common Core candidates staged major victories in the primary election held on October 24, 2015.

2016

In September 2016, Walton was reported to own over 152 million of Walmart shares worth of approximately US$ 11 billion.

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