Jim Walton net worth
Current Net Worth – $59.1 Billion (USD – 5,910 Crores), (Rupees – 4.58 Lakh Crores)
Jim Walton short biography
| Net Worth | $59.1 Billion |
|---|---|
| Born | June 7, 1948 (Age – 73) |
| Identified as | American businessman |
| Status | Heir to Walmart’s fortune |
| Education | Bachelor of Arts/Science, University of Arkansas |
| Nationality | United States |
| Residence | Bentonville, Arkansas |
| Spousal status | Married (Lynn McNabb Walton) |
| Children | 4 |
James Carr Walton has a net worth of $59.1 Billion (Rupees – 4,58,530 Crores), making him one of the richest men in the world after Carlos Slim Helu.
He is an American businessman and the current heir to Walmart’s riches, the world’s largest retailer.
He is the chairman of the family’s Arvest Bank, which has more than $20 billion in assets.
According to the Bloomberg Billionaires Index, Walton was the 19th richest person on the planet in April 2021, with a net worth of US$62.6 billion.
You may also like:
Jim Walton biography
| Full Name | James Carr Walton |
| Birthplace | Newport, Arkansas, U.S. |
| Height | 5.6 feet, 170 cm |
| Weight | 65 Kg |
| Father | Sam Walton |
| Mother | Helen Walton |
Jim Walton was born on June 7, 1948, 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, he is Sam Walton’s youngest son.
Education
Walton graduated from Bentonville High School in 1965, where he was president of his junior class, and played football at an all-state level.
He earned a bachelor’s degree in Business Administration in Marketing from the University of Arkansas in Fayetteville, Arkansas in 1971.
Career
Jim joined Walmart in 1972 and in 1975, he became president of the family-owned Walton Enterprises after serving for four years.
On September 28, 2005, Walton was named to the Wal-Mart Board of Directors to replace his deceased brother, John.
Before becoming Chairman of Arvest Bank and Chairman of Jim Walton’s newspaper firm, Community Publishers Inc., he was CEO of his family’s Arvest Bank (CPI).
Holloway received $87,696; Garvey, the board vice president, received $230,459; and Boffy, another Lafayette incumbent, received $107,145.
Jim served on the Walmart board of directors for over a decade before handing over the reins to his son, Steuart, in June 2016.
Walton was believed to hold over 152 million Walmart shares worth over $11 billion in September 2016.
Private & early life
Alice A. Proietti (born November 1979), Steuart Walton (born April 1981), Thomas L. Walton (born September 1983), and James M. Walton are his four children with his wife, Lynne McNabb Walton (born August 1987).
Bentonville, Arkansas is where the family calls home.
With a net worth of $45.7 billion as of March 2019, he was rated as the 16th richest person in the planet.
Philanthropy
From 2008 to 2013, Walton and his siblings donated almost $2 billion to the Walton Family Foundation.
Net worth statistics
- October 2016 – $35.6 B
- March 2017 – $34.0 B
- October 2017 – $38.4 B
- March 2018 – $46.4 B
- October 2018 – $45.2 B
- March 2019 – $44.6 B
- October 2019 – $51.6 B
- April 2020 – $54.6 B
- September 2020 – $62.1 B
- April 2021 – $60.2 B
- April 2022 – $66.2 B
Jim Walton Quote
“We believe very strongly in the free flow of information and felt it was necessary to have access to tell the full story.”
– Jim Walton
