Without considering Walmart, the Waltons' business, it is impossible to comprehend who they are correctly. Walmart is a big international firm with a network of grocery stores, hypermarkets, and discount department stores. Thomas Layton Walton is a member of the board of the Walton Family Foundation and the third child of Jim Walton. Besides, Thomas is also the co-founder of Runway Group, a Bentonville, Arkansas-based holding company,
Since Thomas comes from a prominent business family, many people have been interested in learning about his personal life. Let's find out how he manages his personal and professional life in this following piece.
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Third Child Of The Multibillionaire Dad
Thomas Layton Walton was welcomed into this world by his father, Jim, and his mother, Lynne McNabb Walton, on September 25, 1983. His father is an American businessman and one of the Walmart fortune's heirs. Walmart is one of the world's biggest retailers; thanks to its stock, Walton Sr. has a staggering net worth of $62 billion.
Thomas Layton Walton's father, Jim Walton is a successful businessman and one of the heirs to the fortune of Walmart. Image Source: Wikimedia Commons.
In addition, Thomas L. Walton's paternal grandparents are Sam Walton and Helen Walton. Sam, his late grandpa, founded Walmart, and Helen, his grandmother, was a well-known philanthropist and supporter of the arts.
Likewise, Thomas' great-grandparents are Nancy Lee Lawrence Walton, Thomas Gibson Walton, Hazel Carr Robson, and Leland Stanford Robson. Furthermore, Thomas is the nephew of Rob Walton, Alice Louise Walton, and the late John Walton.
Grew up Alongside His Three Siblings
As the title suggests, the co-founder of Runway Group has three siblings Steuart Walton, Alice Anne Walton, and James M. Walton. Thomas Layton Walton's brother, Steuart, is an American attorney and businessman. He is the director of Walmart and co-founder of RZC Investments, a private equity firm.
Similarly, the businessman's younger brother, James, is a member of the board of the Walton Family Foundation alongside the Walton boys' only and eldest sister, Alice. She has also been involved in several charity works and works for the benefit of society.
Moreover, Thomas and his siblings must have shared many special memories during their formative years. All four were brought up in Bentonville, Arkansas, by their parents. Although he was the grandson of one of the most successful and wealthiest American businessmen, the junior Walton didn't have an extraordinary childhood. He and his three siblings spent several hours playing in the creek and did most things like normal children.
Talking about his educational background, Thomas is a proud graduate of Northern Arizona University. Tom Walton spent his college years cycling through the mountainous region of Flagstaff while studying business and history at the uni. Moreover, Thomas was astounded at the positive effects the miles of an open path and fresh air had on his mood.
Now, let's look at Jim Walton's son's professional career and how he works to give back to society.
Thomas Layton Walton Net Worth And Career
As mentioned earlier, Thomas is the co-founder of Runway Group, which is dedicated to making Arkansas the best place to live. The investments of this firm include outdoor initiatives, real estate, aviation, and hospitality. Similarly, he is also the managing principal of RopeSwing. There, Thomas brainstorms what would best serve his hometown and takes the initial step to invest in those ambitions.
Besides, Jim Walton's son is also a cyclist and has been very active in developing the mountain bike trails in his area. As he is passionate about bikes, he has worked hard to improve the biking community and trails. He continues to support his hometown and does it in several different ways.
Through the Home Region Program of the Walton Family Foundation, Tom also makes his required contribution. As a member of the Walton Family Foundation's board, Walton established a base of operations within the Home Region Program. He worked to build support for obtaining the funds, bicycles, and other equipment required to build at least one quality route.
The foundation has now made 300 miles of multi-use trails in Northwest Arkansas. These include the 36-mile off-road Razorback Regional Greenway, a public school bicycle program that has provided 27,000 students from all four of Northwest Arkansas' most significant school districts access to over 3,000 bikes and more than $561,000 in grants, and improvement of the Lake Atalanta trails.
Overall, Thomas has been involved in several non-profit works and is content with his professional career. Although it has not been revealed, we can consider that Thomas Layton Walton's net worth is significant. Also, as his father and brother's net worth is enormous, we can expect that the junior Walton is living a comfortable lifestyle with whatever fortune he accumulates.
All About Thomas Layton Walton's Wife
As the son of a multi-billionaire, the business graduate has been the center of attention since an early age. Thus, even though he has managed to keep his personal life under wraps, the question of his relationship and affair is not new to him.
Speaking of Thomas' personal life, he has been happily married to Olivia Sterns Walton since 2016. The Walton couple seems to have an enduring and thriving marriage. They first met in New York City, and their mutual friends were responsible for getting them together. The pair's first date was at the Museum of Modern Art in New York.
Furthermore, Thomas Layton Walton's wife is the board chairperson for Crystal Bridges Museum of American Art and is a former journalist. In addition, Mrs. Walton also serves as principal of Ingeborg Investments, the executive board chair of the Momentary, and co-founder of the Heartland Summit.
Thomas Layton Walton's wife, Olivia Sterns is the board chairperson for Crystal Bridges Museum of American Art and a former journalist. Image Source: Olivia Sterns Walton Twitter.
Just like her husband, Olivia is involved in philanthropy and is dedicated to giving back to society. She lends her leadership and voice to advocacy for childhood well-being, arts, and economic empowerment in America's Heartland. Apart from this, the duo hasn't opened up much regarding their love life. Nonetheless, we hope their marriage will last forever, and we hear no stories of their divorce.
Loving Father Of Two Daughters
When someone can give so much to their community with no selfish motives, you can also think of how much that person can love their children. Well, Tom is also a dedicated and kind father of two daughters, and his love knows no bounds. Alongside his wife, Olivia, the couple has been raising their two kids together with unconditional love, care, and compassion.
However, the birth details and the identity of Thomas Layton Walton's children haven't been revealed yet. Understandably, they prefer to keep their little girls away from social media and the limelight, and we should respect their boundaries. Nonetheless, we hope the Walton duo's kids will grow into kind and strong individuals.
To conclude, the work of Jim Walton's son is highly motivating when one considers how philanthropy is done to aid others and is wholly free of profit-making goals. Many might have anticipated Thomas to be deeply involved in the family business as he was born with a silver spoon in his mouth. Nevertheless, he is creating his road toward humanity by taking advantage of any chance that comes his way.
Tom has a significant legacy to uphold, and we hope he will achieve everything he has ever wanted.
Trivia And Facts
- Thomas is also the co-chair of the national Just Communities conference.
- He is not active on social media sites.
- Walton has collaborated with NorthWest Arkansas Community College to offer world-class culinary arts training in the area.
