15 Facts About Jim Walton

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

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.

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

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.

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

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

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

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.

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.

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

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

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.

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

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

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