Business

Jim Walton Net worth, lifestyle and businesses

Jim Walton names are entirely attached to the name of Walmart’s success story.

The brother of Wal-Mart founder Sam Walton, who passed away in a June ultralight aircraft disaster, is being mourned by his son. 

The founder of Fortune was Sam Walton (d. 1992), a clerk at J.C. Penney who launched the first discount store in 1962 in Rogers, Arkansas. 1970 saw Wal-Mart go public. Amazing rise subsequently, although the stock has recently softened due to declining profits. 

With more than 5,100 locations worldwide and 138 million weekly consumers, Wal-Mart is still the biggest retailer in the world. $285 billion in sales. Wal-Mart is 40% family-owned by family. The other siblings of Jim Bob Walton are not involved in the company; Brother Rob is the chairman. charitable contributions made via the Walton Family Foundation.

Jim Walton Net worth Lifestyle Details

Jim Walton Net Worth

Have a look at the few details that help you understand some very basic information about Jim Walton net worth.

Full NameJames Carr Walton
Date Of BirthJune 7, 1948, in Newport Arkansas. 
Present Age76 years 4 months 1 day
Source Of WealthWalmart
EducationBachelor of Arts/Science, University of Arkansas
Where does Jim Walton live? He got Citizenship United States
SpouseLynne McNabb
ParentSam Walton (father), and Helen Walton (mother)
Jim Walton Net worth$103 billion(15th richest man in the world)

Jim Walton Career

Who is Jim Walton? After completing his college degree, Jim Walton initially joined Walmart in 1972. That time he worked in the company’s real estate dealing. He served there for four years before moving into Walton’s enterprise.

Walton is heavily involved in a variety of family companies and business holdings. He also joined the Walmart Board of Directors in 2005. Jim Walton’s main career achievement is he has been the CEO and chairman of Arvest Bank. The bank has over 260 locations throughout the Arkansas, Missouri, and Oklahoma

In Summary

In 2016, Walton gave up his position on the Walmart board. His son, Steuart, has served for more than ten years. Walton is said to control more than half of Walmart’s shares, together with his sister and brother.

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