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2 days ago · Jim Walton & family. Chairman and CEO, Arvest Bank Group, Inc. $83.4B. Real Time Net Worth. as of 5/28/24. #19 in the world today. Photo by Rick T. Wilking/Getty Images. About Jim Walton...
- Chairman And CEO
- Early Life and Education
- Walmart
- Arvest Bank Group
- Philanthropy
- The Bottom Line
Jim Walton was born on June 7, 1948, in Newport, Arkansas. The third and youngest son of Walmart founder Sam Walton, Jim Walton earned a bachelor’s degree in marketing at the University of Arkansas in 1971. He traveled extensively and earned a pilot's license before joining the family business in 1972.
Walmart was founded in 1962 by Sam Walton as a small discount retailer in Rogers, Arkansas. A publicly-traded company since 1970, Walmart currently has over 11,000 stores in the United States and internationally. As of 2022, Walmart employed nearly 1.6 million people in the United States. The Waltons are considered the wealthiest family in the worl...
Jim Walton is currently chairand chief executive officer of Arvest Bank Group, a Walton-owned regional bank that operates more than 260 banks in more than 100 communities throughout Arkansas, Missouri, and Oklahoma. The Walton family created Arvest through its purchases of the Bank of Bentonville in 1961, the Bank of Pea Ridge in 1963, and the Firs...
Jim Walton has made considerable donations to the Walton Family Foundation, a family-led organization. Three generations of the descendants of Sam and Helen Walton work to improve K-12 education, protect rivers and oceans and the communities they support, and invest in the region of Northwest Arkansas and the Arkansas-Mississippi Delta. In 2020, th...
As the youngest son of Walmart founder Sam Walton, Jim Walton has contributed to his family business for decades. He serves as chair of the family's Arvest Bank Group and plays an active role in the Walton Family Foundation.
- Will Kenton
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Apr 27, 2024 · He is chairman of the board of the family's Arvest Bank Group. One of the state's largest banks today, Arvest Bank has assets totaling more than $27 billion.
Jun 7, 2020 · Video. Jim Walton turned 72 on Sunday. The youngest son of Walmart founder Sam Walton is among the richest men in the world and currently serves as the CEO and Chairman of Arvest Bank...
- Ann Schmidt
He was CEO of his family owned Arvest Bank, until becoming Chairman of Arvest Bank, and chairman of newspaper firm Community Publishers Inc. (CPI) owned by Jim Walton himself (but founded by his father Sam Walton after acquiring the local newspaper the Benton County Daily Record, both operating in Arkansas, Missouri, and Oklahoma).
Mar 15, 2024 · As chair and CEO of Arvest Bank Group, Jim Walton plays a pivotal role in shaping the bank’s operations and community engagement initiatives. His leadership underscores the Walton family’s commitment to financial stewardship and supporting local economies across Arkansas, Missouri, and Oklahoma.
Nov 7, 2013 · The younger Walton is chairman and CEO of Arvest Bank. He owns 96 percent of Arvest, and Bloomberg lists him as the 10th-richest person in the world, with a net worth of about $37 billion.
