Jim Walton

Jim Walton is the youngest son of Walmart founder Sam Walton.He runs the family's Arvest Bank, which boasts assets of more than $19 billion.He sat on Walmart's board for more than a decade before yielding the seat to his son, Steuart, in June 2016.Collectively Jim and other heirs of Sam Walton own about half of Walmart's stock.Walmart is under pressure to raise hourly wages after Bernie Sanders came to the company's annual meeting in June 2019 to push for higher pay.