Jim Walton's Biography

Jim Walton, born on June 7, 1948, is an American billionaire businessman best known as the youngest son of Sam Walton, the legendary founder of Walmart Inc. As a key member of the Walton family, Jim has played a significant role in shaping the future of the world's largest retailer. With a degree in Business Administration from the University of Arkansas, Jim joined the family business early and took on various leadership roles, including serving on the Walmart board of directors for over a decade. He also heads Arvest Bank, a major regional bank owned by the Walton family. Jim's wealth primarily comes from his substantial shareholding in Walmart and investments managed through Walton Enterprises. Despite his immense fortune, with a net worth estimated at $68 billion in 2024, Jim is known for maintaining a low public profile and avoiding social media. His interests extend to philanthropy, banking, and community development, reflecting the Walton family's ongoing commitment to social causes. While his fortune and Walmart's business practices have sometimes drawn criticism, Jim Walton remains a pivotal figure in American business, symbolizing both the opportunities and challenges of large-scale retail and inherited wealth.