Jim C. Walton Biography: Wife, Age, Net Worth, Siblings, Parents, Height, Children

James Carr Walton is an American businessman and one of the heirs to the Walmart fortune, the world’s largest retailer.

He earned a marketing degree from the University of Arkansas in 1971 and began his career at Walmart in 1972, focusing on real estate operations.

Walton later assumed the role of president of Walton Enterprises and currently serves as the chairman and CEO of Arvest Bank, a leading community bank in the United States.

Profile

• Full Name: James Carr Walton
• Stage Name: Jim C. Walton
• Born: June 7 1948
• Age: 76 years old
• Birthplace: Newport, Arkansas, United States
• Nationality: American
• Occupation: American businessman
• Height: Unknown
• Parents: Sam Walton and Helen Walton
• Siblings: Alice Walton, S. Robson Walton and John T. Walton
• Spouse: Lynne McNabb Walton
• Children: Steuart Walton, Alice Anne Walton, Thomas Layton Walton, and James M. Walton
• Relationship: Married
• Net Worth: $108.5 billion

Early Life And Education

James Carr Walton, born on June 7, 1948, in Newport, Arkansas, is the third child of Walmart co-founder Sam Walton and Helen Walton. He grew up alongside his siblings, Rob, Alice, and John Walton.

Walton graduated from Bentonville High School in 1965, where he demonstrated leadership as president of his junior class and excelled athletically, earning all-state honors in football. He also developed an early interest in aviation, learning to fly during high school.

He earned a bachelor’s degree in Business Administration with a focus on Marketing from the University of Arkansas in 1971, where he was a Lambda Chi Alpha fraternity member. While Walton is of white ethnicity, his religious beliefs remain private.

Career

Jim C. Walton, an accomplished businessman, began his career after earning a degree in Business Administration from the University of Arkansas. In 1971, he joined Walmart, focusing on real estate investments and showcasing exceptional leadership skills. By 1975, he was appointed president of Walton Enterprises, the family’s investment management company.

Following his brother John’s passing in 2005, Walton joined Walmart’s Board of Directors, where he played a pivotal role in shaping the company’s strategic direction, including its international expansion and e-commerce growth. In addition to his contributions to Walmart, Walton is the chairman of Arvest Bank, a family-owned institution.

Under his leadership, Arvest has grown into one of the largest community banks in the United States, renowned for its customer-centric approach and commitment to responsible banking practices. Walton also oversees Community Publishers Inc., a newspaper firm established by his father, Sam Walton, further extending his influence in business.

Philanthropically, Walton has pledged substantial support to the Walton Family Foundation, contributing approximately $2 billion between 2008 and 2013. His efforts have focused on community development, education, and environmental sustainability, aligning with his family’s legacy of giving back.

As of 2016, Walton owned over 152 million shares of Walmart, valued at more than $11 billion. This underscores his significant impact on the retail and banking industries while upholding a strong commitment to family values and community support.

Social Media

Jim C. Walton does not have any active social media accounts.

Personal Life

Jim C. Walton is married to Lynne McNabb Walton, and they have four children: Alice A. Proietti, Steuart Walton, Thomas L. Walton, and James M. Walton. The family resides in Bentonville, Arkansas, and is recognized for their significant philanthropic contributions to various charitable causes.

Net Worth

Jim C. Walton’s net Worth is estimated at $108.5 billion as of January 2025, mainly due to his 10% stake in Walmart Inc., which includes approximately 3.6 billion shares. His wealth surpassed $100 billion in September 2024 following a surge in Walmart’s stock value.