James Carr Walton, also called Jim Carr or Jim Walton is an American businessman born in 1948 in June. Walton family is considered to be the richest family in the world. Jim Walton is the youngest son of Sam Walton, former clerk, later businessman and entrepreneur, who has founded the biggest retailer Wal – Mart. His mother was Helen Walton, married to the rich businessman she was the eleventh richest woman in the world. How rich is the youngest son of the successful businessman? James Carr Walton net worth is 37.1 billion dollars. Owing such an amount of money, For some time Jim Walton was the 20th richest person in the world.
Jim Walton Net Worth $37.1 Billion
Source of Jim Carr net worth is Wal – Mart which he inherited and which is continually growing. Wal Mart is the biggest retailer having 7300 shops and about 2 million employers are working there to serve more than 200 million customers through 28 countries. It is he biggest private employer in the world. Jim Walton is CEO (Chief Executive Officer) and a Chairman of the Board of Arvest Bank Group. His diversified family’s Arvest bank has branches in Kansas, Arkansas, Missouri and Oklahoma operating banks in 91 communities. Jim Walton net work was increased with 300 million dollars in dividend payout. „Community Publishers inc.“ deal with newspapers in the mentioned states and the business expert James Carr Walton, apart from the family’s business, is a chairman of this publishing outfit.
The American billionaire graduated Bentonville High School in 1965. His ability to govern and his versatility were seen in early years as he was the president of his junior class. He used to play football at all state level and he also was able to fly a plane. Jim Walton graduated from University of Arkansas in Fayetteville in 1971 and got a bachelor’s degree in Business Administration Marketing. While studying in University he was a member of Lambda Chi Alpha fraternity, which is one of the biggest men’s fraternities. After graduation, in 1972 he joined Wal – Mart and he was responsible for its real estate dealings. He had been working in this position for four years but than he became the president of Walton Enterprises in 1975. In 2005 Jim Walton appeared on the Wal – Mart Board of Directors instead of his Brother John. This time his responsibilities include Strategic Planning and Finance committees. Jim Walton has promised about 2 billion dollars to the Walton Family Foundation from 2008 to 2013. The World’s Billionaires ranks the wealthiest people of the year. In 2014 Jim Walton is the 10th having net worth of 37,4 billion dollars. According to Forbes 400 list, he is the 7th richest person in America.
Jim Walton is married to Lynne McNabb Walton and they both have got four children. Alice A. Proietti, Steuart L. Walton, Thomas L. Walton , and James M. Walton. They live currently in Bentonville, Arkansas. Jim is shy natured and he rarely gives any press interviews, so it is little known about his personal life.