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    James Carr Walton[1] (born June 7, 1948)[5] is the youngest son of Sam Walton, the founder of the world’s largest retailer, Walmart.[6] As of March 2018, Walton was the 16th-richest person in the world, with a net worth of $41.9 billion.[7]

    Early life and family

    Jim Walton was born in Newport, Jackson County, Arkansas, the third child of Walmart co-founder Sam Walton (1918–1992) and Helen Walton (1919–2007), with siblings Rob Walton, Alice Walton, and John Walton (1946 – 2005).[4][8][9] After graduating from Bentonville High School in 1965 where he was president of his junior class, played football at all-state level and also learned to fly a plane, Walton received a bachelor’s degree in Business Administration in Marketing from the University of Arkansas in Fayetteville, Arkansas in 1971, where he was also a member of the Lambda Chi Alphafraternity.[2][4][10] In 1972, he joined Walmart and was involved in its real estate dealings.

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