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Jim Walton

American businessman and Walmart heir.

James Carr Walton, born on June 7, 1948, is one of the richest individuals globally, inheriting the Walmart fortune. As of November 2023, his net worth was $73 billion, making him the 15th-richest person worldwide. He is the youngest son of Walmart's founder, Sam Walton.

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Timeline

Jim Walton born

Jim Walton, born on June 7, 1948, is an American businessman and heir to the Walmart fortune. As of November 2023, he was ranked as the 15th-richest person in the world with a net worth of $73 billion.

Birth of Jim Walton

Jim Walton was born on April 1, 1950, in Newport, Jackson, Arkansas, United States.

Graduation from Bentonville High School

Jim Walton graduates from Bentonville High School.

Jim Walton receives a bachelor's degree in Business Administration and Marketing

Jim Walton graduated from the University of Arkansas with a bachelor's degree in Business Administration and Marketing. His education laid the foundation for his future roles in the family business.

Jim Walton joins Walmart as a real estate manager

In 1971, Jim Walton started working at Walmart as a real estate manager after completing his marketing degree at the University of Arkansas.

Jim Walton joins Walmart and Walton Enterprises

In 1972, Jim Walton returned to the United States and started working at Walmart, eventually expressing his interest in joining Walton Enterprises, owned by his father, Sam Walton. He later became the president of Walton Enterprises.

Jim Walton becomes President of Walton Enterprises

In 1975, Jim Walton left Walmart to take on the role of President at Walton Enterprises, a family business involved in retailing, agriculture, and charitable programs.

Birth of Alice A. Proietti

Jim Walton's daughter, Alice A. Proietti, was born in November 1979.

Birth of Steuart Walton

Jim Walton's son, Steuart Walton, was born in April 1981.

Foundation of Community Publishers Inc.

Community Publishers Inc. was established in 1982 by Jim Walton as a community newspaper and commercial printer supporting publications in Arkansas, Missouri, and Oklahoma.

Birth of Thomas L. Walton

Jim Walton's son, Thomas L. Walton, was born in September 1983.

Birth of James M. Walton

Jim Walton's son, James M. Walton, was born in August 1987.

Jim Walton takes over as director of Walmart

After the death of his brother, Jim Walton became the director of Walmart, a major retail corporation. He also became the CEO of Arvest Bank, a subsidiary of Walmart, and focused on expanding its operations.

Jim Walton Joins Wal-Mart Board of Directors

On September 28, 2005, Jim Walton replaced his deceased brother, John, on the Wal-Mart Board of Directors. He is currently involved in the Strategic Planning and Finance committees.

Jim Walton ranked 10th richest man in the world on Bloomberg Billionaires Index

In November 2013, Jim Walton was ranked as the 10th richest man in the world according to The Bloomberg Billionaires Index, with an estimated net worth of 38.2 billion. He was previously listed as the 9th-richest person in the world by Forbes.

Forbes Billionaires List Ranking

Jim Walton is ranked #10 on the Forbes list of billionaires with a net worth of $34.7 billion.

Jim Walton's Involvement in Louisiana Board of Elementary and Secondary Education

On October 15, 2015, Jim Walton, along with his sister Alice Walton, was reported to have allocated funds to candidates supporting the Common Core State Standards Initiative in Louisiana.

Jim Walton yields Walmart board seat to son Steuart

After serving on Walmart's board for more than a decade, Jim Walton yielded the seat to his son, Steuart, in June 2016. This transition marked a generational shift within the Walton family's involvement in Walmart's governance.

Jim Walton's Ownership of Walmart Shares

In September 2016, Jim Walton was reported to own over 152 million Walmart shares worth approximately US$ 11 billion.

Jim Walton's 71st Birthday Celebration

Jim Walton, a philanthropist, policy advocate, and conservationist, celebrated his 71st birthday this year. He is the 16th richest person in the world with a net worth of 45 billion dollars.

Jim Walton's Success Journey

Jim Walton's journey towards success serves as a motivation for several entrepreneurs. He is known for his contributions to Arvest Bank, Walmart, and the Walton Family Foundation.

Jim Walton's Net Worth

As of 2020, Jim Walton's net worth is estimated to be roughly $45 billion dollars.

Jim Walton's Diversification of Income

Jim Walton has diversified his income by investing in annual dividends produced by his Walmart Stocks, instead of relying solely on one source of income.

Jim Walton's Net Worth

As of 2023, Jim Walton's net worth is reported to be $61.3 billion, making him one of the wealthiest individuals due to his inheritance from Walmart.

Jim Walton & family's Net Worth Update

Jim Walton, the youngest son of Walmart founder Sam Walton, saw his real-time net worth reach $78.4 billion as of April 15, 2024. He is the Chairman and CEO of Arvest Bank Group, Inc. Jim and other heirs of Sam Walton collectively own about half of Walmart's stock.

End of the Timeline
Jim Walton

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