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John Thomas Walton (October 8, 1946 [1] – June 27, 2005) was an American war veteran and a son of Walmart founder Sam Walton. He was also the chairman of True North Venture Partners, a venture capital firm. Walton cofounded the Children's Scholarship Fund, providing tuition scholarships for disadvantaged youth.
Christy Walton took her husband John's place in the ranking after his death. The majority of the family's wealth derives from the heritage of Bud and Sam Walton, who were the co-founders of Walmart. Walmart is the world's largest retailer, one of the world's largest business enterprises in terms of annual revenue, and, with just over 2.2 ...
Christy Ruth Walton (née Tallant; [1] [2] born February 8, 1949) is the widow of John T. Walton, who was one of the sons of the Walmart founder Sam Walton. In June 2005, her husband died in a homebuilt ultralight plane crash, [ 3 ] making her the main heir to his fortune of US$ 18.2 billion.
When Sam Walton died in 1992, he left his ownership in Wal-Mart to Helen and their four children. In 2002, as Helen Walton was the president of the Walton Family Foundation, a $300 million donation was made to the University of Arkansas, the biggest donation ever made to a public university in the United States. [5]
Lukas Walton is the only child of John T. Walton (1946–2005) and his wife Christy Walton. He grew up in National City, California, and Jackson Hole, Wyoming. [2] His father, John T. Walton, died in a plane crash in 2005. Following his father's death, he moved with his mother to Jackson, Wyoming. [3]
The family moved often because of Thomas Walton's job. When he was two years old, his family moved from Oklahoma to Springfield, Missouri. The Walton family later lived in Marshall, Shelbina, and Columbia, Missouri. [1] As children, the boys worked on the family's farm. Bud Walton delivered newspapers, worked as a lifeguard, and did yard work.
In 1998, he and friend John T. Walton established the Children's Scholarship Fund to provide tuition assistance for low-income families wanting to send their children to private school. [14] In February 2011, Forstmann became a signatory of The Giving Pledge. [15] He was an active member of the Republican Party. [16]
He changed his surname from John Wilson Walton to John Wilson Walton-Wilson in 1880, as a condition of a substantial legacy. His death certificate gives his surname as Wilson, but he used the double-barrelled name Walton-Wilson professionally, from 1880. John Walton (entomologist) (1784–1862), English entomologist; John Walton (priest) (1565 ...