Jim Walton
Current Net Worth
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Global Wealth Rank
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The Story of Jim Walton
Born on June 7, 1948, Jim Walton represents the third generation of the influential Walton family. As the youngest son of Walmart founder Sam Walton, Jim has played a crucial role in expanding his father's retail empire while maintaining a notably private profile in the business world.
Early Life and Education
Growing up in Bentonville, Arkansas, Jim Walton attended local schools before graduating from Bentonville High School in 1966. He went on to earn his bachelor's degree in Business Administration from the University of Arkansas in 1971, where he was also a member of the Lambda Chi Alpha fraternity.
Business Career
After graduation, Jim initially pursued a career in banking rather than immediately joining the family business. He gained valuable experience in financial services before taking on significant responsibilities at Walmart. Today, he serves on Walmart's board of directors and holds substantial ownership in the company through Walton Enterprises LLC.
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Investment Philosophy
Key Investment Principles
- Long-term value investment approach focusing on sustainable business models
- Emphasis on reinvestment in core business operations
- Conservative risk management while maintaining growth potential
- Strong focus on operational efficiency and cost management
Wealth Management Strategy
Jim Walton's approach to wealth management combines conservative investment principles with strategic diversification. His portfolio includes: