Jim Walton is an American businessman and the heir to world’s largest retail chain, ‘Walmart.’ Born in Newport, Arkansas, he was raised in Bentonville City as the third child of Sam Walton, better known as the co-founder of ‘Walmart.’ He played all-state level football in school and also earned a pilot’s license. He earned a bachelor’s degree in Business Administration from the ‘University of Arkansas’ and following his graduation he joined Walmart and looked after the real-estate dealings for the company until 1975. Thereafter, he began a new tenure as the president of ‘Walton Enterprises.’ In September 2005, following the demise of his older brother, John, Jim became a member of Board of Directors of ‘Walmart.’ He also served as the CEO of the ‘Arvest Bank,’ which is owned by his family. He is currently one of the richest persons in the world.
