Sunday, April 7, 2013

Jim Walton

Jim Walton  $26.7 B 65   Wal-Mart   United States


Wal-Mart heir Jim Walton's net worth breached $27 billion for the first time this year based on the company's strong stock performance. He is the youngest son of retail visionary Sam (d. 1992), who founded the massive retailer with his brother James, opening a single store in Rogers, Ark. in 1962. Wal-Mart now has sales of $444 billion and employs 2.2 million people worldwide. Jim received more than $440 million in dividends after taxes in 2012. He and his siblings have given about $2 billion to the Walton Family Foundation over the last five years. Jim is also the CEO of his family's Arvest Bank, which has branches in Arkansas, Kansas, Oklahoma and Missouri. He gave $100,000 to the Super PAC for Republican presidential candidate Mitt Romney.

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