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Business Chief USA December 2019

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TOP 10<br />

77<br />

08<br />

Jim Walton<br />

$53.4bn<br />

At 71, Jim Walton is the youngest son of Sam Walton, the founder<br />

of Walmart. Walton sat on the board of directors for Walmart until<br />

2016, when his son Steuart took over. He and his siblings own half of<br />

Walmart’s stock. Today, Walton is the head of regional bank, Arvest<br />

Bank Group (which he has a 44% stake in) and works with his sister<br />

Alice on a programme to issue US$300mn in bonds to help charter<br />

schools invest in facilities.<br />

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