Jim Walton is an heir to the Walmart fortune with an estimated net worth of $27 billion dollars. Jim Walton is the youngest son of Wal-Mart founder Sam Walton. Jim Walton is Chief Executive Officer and Chairman of the Board of Arvest Bank Group Inc., a company in the states of Arkansas, Oklahoma and Missouri operating banks in 91 communities. Jim Walton worked in the family business Wal-Mart in its real estate area, until leaving Wal-Mart to join Walton Enterprises, the Walton's diversified family business. Wal-Mart is the world's largest retailer, with 7,300 stores employing 2 million workers and serving 200 million customers. Little is known about him, as he does not grant interviews. He currently lives in Bentonville, Arkansas with his family.
James Carr Walton (born July 7, 1948) is the youngest son of Wal-Mart founder Sam Walton and the Chairman of Arvest Bank.
With an estimated 2012[update] net worth of around US $28 billion, Jim Walton is currently ranked by Forbes as the 9th-richest person in the world and 7th richest person in US.
Walton received a bachelor's degree from the University of Arkansas. He is married to Lynne McNabb Walton and has four children, including Alice Anne Walton and Thomas Layton Walton. The family resides in Bentonville, Arkansas.