James "Bud" Walton | |
---|---|
Born |
James Lawrence Walton December 20, 1921 Kingfisher, Oklahoma, USA |
Died | March 21, 1995 Miami, Florida, USA |
(aged 73)
Residence | Bentonville, Arkansas |
Nationality | American |
Other names | Bud Walton |
Occupation | Businessman |
Known for | Co-founder of Walmart |
Spouse(s) | Audrey Walton |
Children | |
Relatives |
Sam Walton (brother) Whitney Ann Kroenke (granddaughter) Josh Kroenke (grandson) |
James Lawrence “Bud” Walton (December 20, 1921 – March 21, 1995) was the brother of Sam Walton and co-founder of Walmart.
James Lawrence "Bud" Walton was born to Thomas Gibson Walton and Nancy “Nannie” Lee Lawrence Walton on December 20, 1921 in Kingfisher, Oklahoma. His father worked as a farm appraiser and mortgage agent. The family moved often because of Thomas Walton's job. When Bud was 2 years old, he and his family moved from Oklahoma to Springfield, Missouri. The Walton family later lived in Marshall, Shelbina, and Columbia, Missouri.
Growing up in the Great Depression, Bud Walton and his older brother Sam learned the value of hard work. As children, the boys worked on the family's farm. Bud Walton delivered newspapers, worked as a lifeguard, and did yard work to help the family. He attended David H. Hickman High School in Columbia, Missouri. He played varsity basketball and was elected senior class president.
After graduation, he attended Wentworth Military Academy in Lexington, Missouri. He served as a Navy pilot in World War II. While undergoing flight training, Bud met and married his wife, Audrey. They had two daughters, Ann and Nancy.
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.