Jim Walton & family

$141.35 B

Ranked #12 in World

About Jim Walton & family

James Carr Walton, youngest son of Walmart's co-founder, is a prominent business figure with a multifaceted career, holding key positions in Walton Enterprises, Walmart, Arvest Bank, and Community Publishers Inc. A University of Arkansas alumnus, Walton oversees strategic planning and finance for the retail giant and has significantly contributed to the Walton Family Foundation. The Bentonville-based billionaire, once among the top 10 in Forbes' rankings, remains a major Walmart shareholder.

Born

June 07, 1948 in Newport, Arkansas, U.S.

Age

77 years

Source Of Wealth

Walmart

Industries

Fashion & Retail

Citizenship

United States

Residence

Bentonville, Arkansas

Education

Bachelor of Arts/Science, University of Arkansas

Spouse

Lynne McNabb

Children

Parent

Sam Walton (father), Helen Walton (mother)

James Carr Walton was born on June 7, 1948, in Newport, Arkansas. He is the youngest son of Walmart co-founder Sam Walton and Helen Walton. Growing up in a business-oriented family, James Walton developed an early interest in entrepreneurship and retail.

Jim Walton & family: Family

James Walton is married to Lynne McNabb Walton, and they have four children together: Alice A. Proietti, Steuart Walton, Thomas L. Walton, and James M. Walton. The Walton family is known for their philanthropic efforts and has made significant contributions to various charitable organizations and educational institutions.

Jim Walton & family: Career Highlights

After graduating from the University of Arkansas in 1971, James Walton joined Walmart and became involved in real estate dealings. He demonstrated his business acumen and leadership skills, which led to his appointment as president of Walton Enterprises in 1975. In this role, he oversaw the company's real estate investments and expansion.

Following the tragic death of his brother, John Walton, in a plane crash in 2005, James Walton replaced him on the Wal-Mart Board of Directors. He currently serves on the Strategic Planning and Finance committees, contributing his expertise and insights to the company's decision-making processes.

Jim Walton & family: Companies

In addition to his involvement with Walmart, James Walton is the former CEO and current Chairman of Arvest Bank, a regional financial institution with a strong presence in Arkansas and Oklahoma. He also serves as Chairman of Community Publishers Inc. (CPI), a newspaper firm that operates several publications in Arkansas and Missouri.

Jim Walton & family: Major Achievements

James Walton's contributions to the business world have been widely recognized. He played a pivotal role in expanding Walmart's real estate portfolio and diversifying the company's investments. His leadership and strategic vision have helped Arvest Bank grow and prosper, making it one of the most successful regional banks in the United States.

Jim Walton & family: Awards & Achievements

James Walton's accomplishments have earned him numerous accolades and honors.

He has been recognized by Forbes magazine as one of the wealthiest individuals in the world, ranking among the top 10 billionaires in 2014. He was also listed on the Forbes 400 list of the richest people in America in 2013, further solidifying his status as a prominent business leader.

Jim Walton & family: Personal Life & Legacy

James Walton resides in Bentonville, Arkansas, where he is actively involved in various philanthropic initiatives. He has made significant contributions to the Walton Family Foundation, pledging about $2 billion from 2008 to 2013. The foundation supports a wide range of charitable causes, including education, healthcare, and community development.

James Walton's legacy is one of entrepreneurship, innovation, and philanthropy. He has followed in the footsteps of his father, Sam Walton, and has helped build Walmart into one of the largest and most successful retailers in the world. At the same time, he has demonstrated a deep commitment to giving back to society, making a positive impact on countless lives through his charitable endeavors.

Jim Walton & family: Trivia

James Walton owns over 152 million Walmart shares, making him one of the largest individual shareholders of the company. As of September 2016, his Walmart shares were valued at over $11 billion (US).

Wealth History

Timeline

June 7, 1948

James Carr Walton is born in Newport, Arkansas.

1965

Graduates from Bentonville High School.

1971

Graduates from the University of Arkansas with a degree in Business Administration in Marketing.

1972

Joins Walmart and becomes involved in real estate dealings.

1975

Becomes president of Walton Enterprises.

2005

Replaces his deceased brother, John, on the Wal-Mart Board of Directors.

2008-2013

Pledges about $2 billion to the Walton Family Foundation.

September 2016

Owns over 152 million Walmart shares worth over $11 billion (US).

2014

Ranked #10 on the Forbes list of billionaires with a net worth of $34.7 billion.

2013

Ranked #7 on the 2013 Forbes 400 list of the richest people in America.

March 2019

Ranked as the 16th-richest person in the world with an estimated net worth of $45.7 billion.

Jim Walton & family : FAQs

What is Jim Walton's current net worth?

Jim Walton's current net worth is $141.35 billion.

What is Jim Walton's current global rank among billionaires?

Jim Walton holds the 12th position globally among billionaires.

What is Jim Walton's current ranking within the United States?

Jim Walton holds the 11th position in United States.

What was the change in Jim Walton's net worth compared to the previous year?

Jim Walton's net worth increased by 13.11 billion dollars compared to the previous year 2025, when his net worth was 128.24 billion dollars.

What are Jim Walton's main sources of wealth?

Jim Walton's main source of income comes from Walmart.

In which industry does Jim Walton primarily operate?

Jim Walton is primarily involved in the Fashion & Retail industry.

What is Jim Walton educational background?

Jim Walton holds a Bachelor of Arts/Science from the University of Arkansas.

How old is Jim Walton?

Jim Walton is 77 years old.

How many children does Jim Walton have?

Jim Walton has 4 children.

Who is James Carr Walton and what is his connection to Walmart?

James Carr Walton is the youngest son of Walmart co-founder Sam Walton and Helen Walton. He joined Walmart in 1972, became president of Walton Enterprises in 1975, and later replaced his brother on the Wal-Mart Board of Directors in 2005. He holds a significant number of Walmart shares.

What role does James Carr Walton currently hold at Arvest Bank and Community Publishers Inc.?

James Carr Walton is the former CEO and current Chairman of Arvest Bank, and also serves as the Chairman of the newspaper firm Community Publishers Inc. (CPI).

How much has James Carr Walton contributed to philanthropy through the Walton Family Foundation?

James Carr Walton has pledged approximately $2 billion to the Walton Family Foundation between 2008 and 2013, contributing to various charitable causes.