15 Facts About Jim Walton

1. Jim Walton attended the University of Arkansas in Fayetteville and graduated with a marketing degree in 1971.

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2. Jim Walton will continue to serve in his role as chairman and CEO of Arvest, a group of banks operating in 91 communities in the states of Arkansas, Oklahoma and Missouri.

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3. On September 28, 2005, Jim Walton replaced his brother, John, on the Walmart Board of Directors.

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4. In 1983, Jim Walton founded Sam's Wholesale Club, a chain of deep-discount wholesale warehouse outlets, and in 1988 he began opening Supercenters, which added full grocery fare to the regular merchandise offerings and dwarfed even the barnlike Wal-Mart stores in size.

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5. Jim Walton can be an actor and manufacturer, known for Think, Business (2011) and Mrs Munck (1995).

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6. Jim Walton opened the first Wal-Mart in 1962, after years in the retail management business.

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7. Jim Walton was pulled over by police and failed a sobriety test.

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8. Jim Walton made headlines for some of his largest contributions: a total of $200,000 to Restore Our Future, the super PAC associated with Mitt Romney's 2012 run for President, and another $100,000 to Our Destiny, the super PAC associated with Jon Huntsman in 2012.

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9. Jim Walton is recognized as a prolific donor to politicians at both the federal and state level—indeed, in 2006 and 2010, the Arkansas Democrat-Gazette reported that Walton topped the list of Arkansans giving directly to candidates or political action committees.

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10. Jim Walton joined the Walmart board in September 2005, replacing his brother John, who died in a plane crash in June 2005.

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11. Jim Walton suffered from cancer of two different types' hairy-cell leukemia and bone marrow cancer.

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12. Jim Walton is an American actor, most notable for his leading performance in the original production of Stephen Sondheim's Merrily We Roll Along as Franklin Shephard.

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13. On September 28, 2005, Jim Walton replaced his deceased brother, John, on the Wal-Mart Board of Directors.

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14. In September 2016, Jim Walton was reported to own over 152 million of Walmart shares worth of approximately US$ 11 billion.

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15. As of March 2018, Jim Walton was the 16th-richest person in the world, with a net worth of $41.9 billion.

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