Residence Bentonville, Arkansas Other names Bud Walton Known for Co-founder of Walmart Name James Walton Siblings Sam Walton | Nationality American Occupation Businessman Religion Presbyterianism Nieces Alice Walton | |
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Full Name James Lawrence Walton Children Nancy Walton Laurie, Ann Walton Kroenke Nephews Jim C Walton, S Robson Walton, John T Walton Similar People | ||
James Lawrence “Bud” Walton (December 20, 1921 – March 21, 1995) was the brother of Sam Walton and co-founder of Walmart.
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Early life
James Lawrence Walton was born on December 20, 1921 in Kingfisher, Oklahoma. As a child, he worked on his family's farm. He attended David H. Hickman High School–located in Columbia, MO – and then the Wentworth Military Academy in Lexington, Missouri. He served as a Navy pilot in World War II.
Career
Bud and his brother, Sam, began their career in the retail industry working in the Ben Franklin Stores franchise system. His first store was opened in Versailles, Missouri. Bud and Sam co-founded Walmart in Arkansas in 1962.
He is the namesake of the Bud Walton Arena at the University of Arkansas.
Death
Walton died following surgery for an aneurysm in Miami, Florida on March 21, 1995, at the age of 73.
Personal life
Walton was married to Audrey Walton. They had two daughters, Ann and Nancy.