#7 – Jim Walton ($34.7 Billion)
Photo Credit: Not Just Rich!
The Real Success Story: Jim Walton is the youngest of Wal-Mart founder Sam Walton’s four children. Jim sits on the board of the $486 billion (sales) retailer, which has more than 11,000 stores worldwide.
He’s essentially born to a wealthy family, but that didn’t stop him from excelling as the successor of his deceased brother, John, on the Wal-Mart Board of Directors and CEO of his family owned Arvest Bank.
His brother Rob Walton stepped down as chairman of the company in June 2015 after 23 years on the job. The heirs of Sam Walton together own 51% of Wal-Mart’s stock through two entities: Walton Enterprises and Walton Family