Bud Walton born James Lawrence Walton is a successful American businessman and co-founder of Walmart.
Bud Walton Siblings
Sam and Bud Walton were brothers who became successful retail businessmen. Together they founded Wal-Mart, which began as a small chain of discount stores in the United States, but quickly expanded worldwide.
His first store was opened in Versailles, Missouri. In 1962, he and Sam Walton co-founded Wal-Mart. He died on March 21, 1995, in Miami, Florida after surgery for an aneurysm.
Wal-Mart Stores Inc. opened its first Sam’s Club – named for Sam Walton – on April 7, 1983, in Midwest City, Oklahoma.
Bud Walton Biography
He was born on 20 December 1921 in Kingfisher, Oklahoma, U.S.
Born in 1921, Walton went to Hickman High School in Columbia, Missouri and to the Wentworth Military Academy in Lexington, Missouri. During World War II, he served as a Navy pilot.
Like his brother, he went subsequently into the retail business working in the Ben Franklin Stores franchise system.
The Bud Walton Arena on the campus of the University of Arkansas is named after him.
He worked on a farm in his younger years.
Walton was born to Thomas Gibson Walton and Nancy “Nannie” Lee Lawrence Walton. His father worked as a farm appraiser and mortgage agent. The family moved often because of Thomas Walton’s job.
Walton died following surgery for an aneurysm in Miami, Florida, on March 21, 1995, at the age of 73. He is buried in Memorial Park Cemetery in Columbia, Missouri
Bud and his brother, Sam, began their career in the retail industry working in the Ben Franklin Stores, a franchised unit of Butler Brothers of Chicago.
His first store was opened in Versailles, Missouri. Bud and Sam co-founded Walmart in Arkansas in 1962.
Bud Walton had been married to Audrey Walton and they had two daughters, Ann Walton Kroenke, and Nancy Walton Laurie.
Heirs include Sam’s three living children–Rob, Jim and Alice–his daughter-in-law Christy and her son Lukas, plus Bud’s two daughters, Ann and Nancy.
His net worth is not revealed at the time of filing this report.