Jim Walton is an American businessman and the youngest son of Sam Walton, the founder of Walmart. Born on June 7, 1968, he has played a significant role in the family business, serving as the CEO of Arvest Bank, a financial institution owned by the Walton family. As a member of one of the wealthiest families in the world, Jim Walton has a substantial stake in Walmart, which is the largest retailer globally. He is known for his philanthropic efforts, particularly in education and community development, reflecting the values instilled by his father.