Jim Walton is the son of Sam Walton, who was the founder of the world’s largest retail chain, ‘Walmart’. He is on the Walmart board of directors, and CEO of his own company, Arvest Bank.
He gave away $1.2 billion in Walmart stock in June 2019, but remains the richest Walton in part thanks to an estimated 44% stake in Arvest Bank.
Jim sat on Walmart’s board for more than a decade before yielding the seat to his son, Steuart, in June 2016.
However, he is ranked as the 15th-richest men in the world, with an estimated net worth of $49.3 billion.
