James Carr Walton
Early life and family
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).
[ In 1972, he joined Walmart and was involved in its real-estate dealings. After four years, he moved to the family owned Walton Enterprises as president in 1975.]
Career
On September 28, 2005, Walton replaced his deceased brother, John, on the Wal-Mart Board of Directors.[ 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]
In September 2016, Walton was reported to own over 152 million of Walmart shares worth over $11 billion (US).
Personal life
He and his wife, Lynne McNabb Walton, have four children: Alice A. "Annie" Proietti (born November 1979),
In 2014, he was ranked at #10 on the Forbes list of billionaires with a net worth of $34.7 billion that has increased by $3 billion.
See also
