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!
- 1 Quick Facts
- 2 What is Net Worth Of Jim Walton 2024?
- 3 Jim Walton Full Overview and Wiki
- 4 All about Jim Walton Lists News 2024
- 5 FAQs about Jim Walton
- 5.1 How did Jim Walton make his money?
- 5.2 How much was Sam Walton worth when he died?
- 5.3 What is Jim Walton’s role in Walmart?
- 5.4 Has Jim received any notable awards?
- 5.5 Who is Jim Walton’s spouse?
- 5.6 How many children does Jim Walton have?
- 5.7 How old is Jim Walton?
- 5.8 What are some of Jim Walton’s philanthropic efforts?
- 5.9 What is Jim Walton known for professionally?
- 5.10 Do the Waltons still own Walmart?
- 6 Conclusion
|James Carr Walton
|June 7, 1948
|75 years old (as of 2024)
|Sam Walton (father), Helen Walton (mother)
|Rob Walton, Alice Walton, John Walton (deceased)
|Newport, Arkansas, United States
|Bachelor’s degree in Business Administration in Marketing from the University of Arkansas, Sam M. Walton College of Business
|Lynne McNabb Walton
|Alice A. Proietti, Steuart Walton, Thomas L. Walton, James M. Walton
|$67.4 billion (as of 2024)
|Source of Wealth
|Walmart inheritance, Arvest Bank, other investments
What is Net Worth Of Jim Walton 2024?
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
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.
His banking career saw him take the helm at Arvest Bank Group, a financial institution with assets exceeding $20 billion.
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.
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.
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.
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
FAQs about Jim Walton
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.
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.
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.
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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