# Jim Walton
**James Carr "Jim" Walton** (b. 1948) is the youngest son of [[Sam Walton]] and [[Helen Walton]], chairman of [[Arvest Bank]] — the largest bank in Arkansas — and a key political node in the [[Walton Family]] dynasty. Jim donated $10 million to [[Americans for Prosperity]], the [[Koch Family]]-aligned political network, making him the most directly partisan of the Gen-2 Waltons.
## Background
- Born June 7, 1948, in Newport, Arkansas
- B.A. in business administration (marketing), University of Arkansas (1971)
- Joined Walmart for real estate operations; took over Walton Enterprises in the mid-1970s
- Built Arvest Bank from a single-branch community bank into a $26 billion–asset regional institution
- Stepped down as Arvest CEO in 2024
- Net worth approximately $142 billion (Forbes, February 2026)
## Political and philanthropic footprint
Jim is the Walton sibling most visibly tied to right-of-center political spending. His $10M contribution to [[Americans for Prosperity]] connects the Walton fortune to the Koch donor network. He and his wife Lynne have pledged approximately $2 billion to the [[Walton Family Foundation]] alongside his siblings.
His sons [[Steuart Walton]] (Walmart board since 2016) and [[Tom Walton]] (WFF board; Bentonville urban development) represent the Gen-3 operational layer of the dynasty.
## Why he matters for the KB
Jim is the financial operator of the Walton empire — the one who ran the family office (Walton Enterprises) and built the banking arm ([[Arvest Bank]]). His AFP donation is the clearest link between Walton wealth and the organized conservative donor infrastructure mapped across this knowledge base.