What is Jim Walton Net Worth 2024: Wiki, Real Name, Age, Height, Family And More

What is Jim Walton Net Worth 2024 Wiki, Real Name, Age, Height, Family And More

Are you wondering about Jim Walton net worth in 2024? Well, you’re in the right place! 

The youngest son of Walmart’s founder, Sam Walton, has amassed a staggering fortune over the years. In this article, we’ll delve into the details of his wealth, including the sources that have contributed to his financial success. 

Brace yourselves for some jaw-dropping numbers and insights into how he amassed his fortune. Ready to dive into the world of billions? Let’s roll!

Quick Facts

DetailInformation
Real NameJames Carr Walton
Popular NameJim Walton
GenderMale
Birth DateJune 7, 1948
Age75 years old (as of 2024)
ParentsSam Walton (father), Helen Walton (mother)
SiblingsRob Walton, Alice Walton, John Walton (deceased)
Birth PlaceNewport, Arkansas, United States
NationalityAmerican
EthnicityWhite
EducationBachelor’s degree in Business Administration in Marketing from the University of Arkansas, Sam M. Walton College of Business
Marital StatusMarried
Sexual OrientationNot specified
Wife/SpouseLynne McNabb Walton
ChildrenAlice A. Proietti, Steuart Walton, Thomas L. Walton, James M. Walton
DatingNot applicable
Net Worth$67.4 billion (as of 2024)
Source of WealthWalmart inheritance, Arvest Bank, other investments
HeightUpdating
WeightUpdating
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What is Net Worth Of Jim Walton 2024?

What is Net Worth Of Jim Walton 2024

As of 2024, he boasts an impressive net worth of $67.4 billion. His wealth stems from his significant stake in Walmart, the retail giant founded by his father, Sam Walton.

His financial portfolio also includes investments in Arvest Bank and other ventures.

His savvy business acumen and strategic investments have propelled him to one of the wealthiest individuals globally, securing his position among the financial elite.

Jim Walton Full Overview and Wiki

Early Life and Education

Jim Walton was born as James Carr Walton on June 7, 1948, in Newport, Arkansas, USA. He is the youngest son of the legendary Walmart founder, Sam Walton, and Helen Walton.

He obtained a Bachelor’s degree in Business Administration in Marketing from the University of Arkansas, specifically the Sam M. Walton College of Business.

This educational background equipped him with the knowledge and skills needed to excel in the world of business.

Career at Walmart

Jim Walton Career at Walmart

His professional journey began in 1972 when he joined Walmart, the retail giant founded by his father. His initial focus was on real estate operations within the company.

By 1975, his talents led him to Walton Enterprises, where he took on the role of president. His contributions to the family business extended beyond this, as he served on Walmart’s board from 2005 to 2016.

During his tenure, he actively participated in strategic planning and finance committees, leaving a lasting impact on the company’s direction and success.

Banking Titan

His banking career saw him take the helm at Arvest Bank Group, a financial institution with assets exceeding $20 billion.

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In this role, he assumed the position of Chairman and played a pivotal role in its growth and success.

Beyond banking, Jim contributed significantly to Walmart, serving on the board from 2005 to 2016, where he actively participated in strategic planning and finance committees.

Industry Recognition

Jim Walton Industry Recognition

His contributions to various industries have not gone unnoticed. He served as the CEO of the family-owned Arvest Bank before taking on the role of Chairman.

Additionally, he chaired Community Publishers Inc. (CPI), a newspaper firm operating in Arkansas, Missouri, and Oklahoma, further showcasing his leadership abilities.

While specific awards are not detailed, individuals with profiles akin to Jim Walton often receive industry accolades and recognition for their outstanding achievements.

Personal Life

His personal life is a testament to his family values. He is happily married to Lynne McNabb Walton, with whom he has four children: Alice A. Proietti, Steuart Walton, Thomas L. Walton, and James M. Walton. The family calls Bentonville, Arkansas, their home.

Notable Rankings

In 2014, he secured the 10th spot on the Forbes list of billionaires, boasting a net worth of $34.7 billion at the time, which had increased by an impressive $3 billion.

On the 2013 Forbes 400 list of the richest people in America, he was ranked at a remarkable 7th position. As of March 2019, Jim Walton stood as the 16th-richest person in the world, commanding an estimated net worth of $45.7 billion.

Social Media Accounts

He doesn’t use any social media accounts.

All about Jim Walton Lists News 2024

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FAQs about Jim Walton

How did Jim Walton make his money

How did Jim Walton make his money?

He is the youngest son of Walmart founder Sam Walton and has accumulated his wealth through his stake in Walmart, the world’s largest retailer, and as chairman of the family’s Arvest Bank.

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How much was Sam Walton worth when he died?

In 1992, Sam Walton’s net worth was around $8.6 billion at the time of his death. His lasting legacy is the thriving empire he left behind. As of 2024, the Walton family is ranked as the second wealthiest globally, with an estimated net worth of approximately $260 billion.

What is Jim Walton’s role in Walmart?

He replaced his deceased brother, John, on the Walmart Board of Directors in 2005 and has served on the Strategic Planning and Finance committees.

Has Jim received any notable awards?

He has received an Emmy Award for coverage of the 1996 Olympic Park bombing.

Who is Jim Walton’s spouse?

His spouse is Lynne McNabb Walton.

How many children does Jim Walton have?

He and Lynne McNabb Walton have four children: Alice A. Proietti, Steuart Walton, Thomas L. Walton, and James M. Walton.

How old is Jim Walton?

Born on June 7, 1948, he is currently 75 years old (as of 2024).

What are some of Jim Walton’s philanthropic efforts?

He has pledged about $2 billion to the Walton Family Foundation along with his siblings from 2008 to 2013.

What is Jim Walton known for professionally?

He is known for being an American businessman, heir to the fortune of Walmart, and the chairman of Arvest Bank Group.

Do the Waltons still own Walmart?

Walmart is in the hands of its shareholders, with the Walton family emerging as the predominant stakeholder, possessing a substantial 50% share in the company.

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The Walton family’s substantial ownership stake can be attributed to their lineage, being direct descendants of Sam Walton, the visionary founder of the corporation.

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Conclusion

In the grand tapestry of billionaires, Jim Walton’s net worth in 2024 stands as a masterpiece. With a staggering $67.4 billion in his coffers, he’s not just writing history; he’s rewriting the entire financial narrative.

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