The youngest son of the “Wal-Mart” founder Sam Walton, Jim Walton is the Chairman and CEO of “Arvest Bank” and the 20th richest person in the world. Born in 1948 in Arkansas, Jim acquired a bachelor’s degree from the “University of Arkansas” before becoming the Chairman of the diversified, family operated, financial services company “Arvest Bank”, which manages branches in Arkansas, Kansas, Missouri and Oklahoma.
The billionaire CEO of “Arvest Bank” has a net worth of $21.3 billion which makes him stand tall and strong amongst the world’s lit of billionaire’s. Jim’s family controlled American multinational retailer corporation “Wal-Mart” has gross sales of $405 billion and earns the repute of being the biggest private employer in the world, employing more than 2.1 million people. Jim also received over $300 million in dividend payouts on account of the company’s business. Apart from the family’s business, the business expert serves as the chairman of “Community Publishers”, a firm dealing in newspapers with work sites in Arkansas, Missouri, and Oklahoma.
The American billionaire is married to “Lynne McNabb Walton” and the couple stays happily in Bentonville, Arkansas with their four children. Shy natured Jim is the quietest member of the Walton family, who rarely grants any press interviews.