Jim Walton

Biography

Jim Walton joined Walmart in 1972, working in its real-estate division, before focusing on the family's other businesses. As chairman of Arvest Bank Group he oversaw its growth into one of the largest banks in Arkansas, and he served on Walmart's board until 2016, when his son Steuart took the seat. He keeps the lowest profile of the Walton siblings.

American banker and the youngest son of Walmart founder Sam Walton, long the chairman of Arvest Bank Group.

Known for

Chairing Arvest Bank and his share of the Walmart fortune.

Notable works & defining projects

• Arvest Bank Group (chairman)
• Walmart (board member, until 2016)
• Community Publishers (chairman)

Notable achievements

• Chaired Arvest Bank Group through its growth into a regional banking leader
• Served on Walmart's board of directors until 2016
• Co-owns the Walton family's controlling stake in Walmart

Timeline

1. 1972Joined Walmart, working in real-estate development
2. 1992Inherited a share of the Walmart fortune after Sam Walton's death
3. 2016Stepped down from Walmart's board; his son Steuart Walton took the seat

Did you know?

• He is the youngest of Sam and Helen Walton's four children
• He worked in Walmart's real-estate division before leading the family's bank