CandleFocus Glossary Editor
Jim Walton is one of the world’s most successful businessmen and one of the wealthiest people in the world. He is the youngest son of the famed Walmart founder, Sam Walton, and holds the title of Executive Chairman at Arvest Bank Group, which is one of the largest banking organizations in the region of the Southeastern United States.
In addition to his banking activities, Jim Walton has also served as a member of the Board of Directors for Walmart Inc. for over ten years, from 2005 to 2016. This was after his brother John, who was also a board member, passed away in 2005. Following his departure from the board, his son Rogers Maurice Walton became the first of the third generation of Waltons to assume a seat on the board.
Apart from his role at Arvest Bank Group, Jim Walton has acquired a vast number of personal investments ranging from charter schools, residential and commercial developments, cable television operators, newspaper publishing, and regional airlines. In general, his finances are concerned with the development and operation of businesses in his local areas.
Jim Walton is a huge promoter of the Walton Family Foundation, one of the biggest private foundations in the world. His family donates to many causes, such as healthcare, education and environmental conservation. Some of the most recent donations include $250 million towards a COVID-19 relief fund and $15 million towards a university building project.
Jim Walton is an incredibly influential and notable figure in the world of business, but he is perhaps most well-known for his part in Walmart's phenomenal success. Since his father's passing in 1992, Jim has continued to promote Sam's legacy and values, serving as a guardian of the Wal-Mart legacy.
In addition to his banking activities, Jim Walton has also served as a member of the Board of Directors for Walmart Inc. for over ten years, from 2005 to 2016. This was after his brother John, who was also a board member, passed away in 2005. Following his departure from the board, his son Rogers Maurice Walton became the first of the third generation of Waltons to assume a seat on the board.
Apart from his role at Arvest Bank Group, Jim Walton has acquired a vast number of personal investments ranging from charter schools, residential and commercial developments, cable television operators, newspaper publishing, and regional airlines. In general, his finances are concerned with the development and operation of businesses in his local areas.
Jim Walton is a huge promoter of the Walton Family Foundation, one of the biggest private foundations in the world. His family donates to many causes, such as healthcare, education and environmental conservation. Some of the most recent donations include $250 million towards a COVID-19 relief fund and $15 million towards a university building project.
Jim Walton is an incredibly influential and notable figure in the world of business, but he is perhaps most well-known for his part in Walmart's phenomenal success. Since his father's passing in 1992, Jim has continued to promote Sam's legacy and values, serving as a guardian of the Wal-Mart legacy.