Jim Walton

Jim Walton

Businessman

Personal Stats

NameJim Walton
RoleChairman and CEO of Arvest Bank
IndustryRetail
Net Worth$73 Billion

About Jim Walton

Jim Walton has played a significant role in continuing his father's legacy. He is a key figure within the Walton family, which remains one of the wealthiest families globally. Jim Walton serves on the Walmart Board of Directors and is also the Chairman and CEO of Arvest Bank, a regional bank with a strong presence in the Midwest and Southern United States. Known for his low-profile demeanor, Walton has focused on managing the family’s financial interests and contributing to philanthropic endeavors through the Walton Family Foundation, which supports education, environmental conservation, and community initiatives. His business acumen and stewardship have been instrumental in sustaining the Walton family's influence and Walmart's ongoing success.


Businesses Owned


Early Life

Jim Walton has taken up Walmart where his father left it, and his business acumen has sustained Walmart.

  • James Carr "Jim" Walton was born on June 7, 1948, in Newport, Arkansas, USA.
  • Attended Bentonville High School, where he played football as a quarterback.
  • Graduated from Bentonville High School in 1965.
  • Earned a Bachelor of Business Administration degree in Marketing from the University of Arkansas in 1971.
  • Grew up in a family deeply involved in retail, with his father establishing Walmart in 1962.
  • After college, joined Walmart, taking on various roles within the company.
  • Gained experience in the family business and banking, eventually leading to his role at Arvest Bank.

Family

  • He has played an instrumental role in family business and family as well.
  • Married to Lynne McNabb Walton. He had three children: James M. "Jim" Walton Jr., Thomas L. "Tom" Walton, and Steuart Walton.
  • Son of Sam Walton, the founder of Walmart, and Helen Walton.
  • Has three siblings: Rob Walton, John T. Walton, and Alice Walton.
  • Primarily resides in Bentonville, Arkansas, where Walmart's headquarters are located. Owns multiple properties in the area.
  • Actively involved in the Walton Family Foundation, contributing to educational, environmental, and community development initiatives.
  • Holds significant roles in Walmart and Arvest Bank, continuing the family's legacy in retail and financial sectors.

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