Jim Walton & family
Source of wealth: Walmart
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Biography
Jim Walton is the youngest son of Walmart founder Sam Walton (d. 1992).
He is chairman of the family's Arvest Bank Group, which boasts assets of $27 billion.
Jim sat on Walmart's board for more than a decade before yielding the seat to his son, Steuart, in 2016.
Collectively, he and other heirs of Sam Walton own about 45% of Walmart's stock.
Jim's daughter Annie Proeitti chairs the family's $8.6 billion (2024 assets) Walton Family Foundation.
Perspective on their fortune
Gold
Everyday luxury
A Jim Walton & family's fortune is equivalent to 981 of gold, but this may be difficult to value, as we don't usually have a handful of gold bars in our piggy bank.
A standard gold ring typically weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18k gold.
Based on today's gold price (not taking into account the jeweler's fee, shipping, or anything else), that gold ring would be worth $556.3
Jim Walton & family could buy 261,720,640 gold rings. That's a lot of fingers and a lot of gifts!!
And if the number of rings is difficult to visualize, all these rings would need 47 trucks to transport them, But we can be almost certain that Jim Walton & family will have enough left over to pay for the gas for those trucks.
Health
The price of life
Let's compare Jim Walton & family's fortune with the healthcare spending of a huge country
Jim Walton & family could fund the entire healthcare system of DR Congo with a population of over 105,800,000 of inhabitants for approximately 65.5 years.
But even if we compare their fortune to that of a rich country
At the other extreme, Jim Walton & family could cover the health expenditure of Luxembourg, considered the world's most heavily invested health system, for 29.0 years
Education
Buying the future
Lowest education spending
Jim Walton & family could assume the entire cost of the education system of Nigeria, the most populous country in Africa, with more than 243,000,000 inhabitants for 42.8 years.
Highest education spending
But not only could he assume the cost of a poor country, Luxembourg is considered the country with the highest per capita investment in education in the world, Jim Walton & family could pay for it in full for 58.2 years.
Research
The monopoly of progress
Lowest research spending
Jim Walton & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with more than 260,000,000 of inhabitants, for 245.1 years.
Highest research spending
But even if we compare the total wealth of Jim Walton & family with Israel, the country that currently invests the most per capita in research in the world, it could assume the total cost of the system for 5.5 years.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison