Steuart Walton

Steuart Walton
Born c. 1982
Bentonville, Arkansas, U.S.
Alma mater University of Colorado Boulder
Georgetown University Law Center
Occupation Attorney, businessman
Parent(s) Jim Walton
Lynne McNabb
Relatives Sam Walton (paternal grandfather)
Helen Walton (paternal grandmother)
S. Robson Walton (paternal uncle)
John T. Walton (paternal uncle)
Alice Walton (paternal aunt)

Steuart Walton is an American heir, attorney, pilot, businessman and philanthropist. Born into the billionaire Walton family, he is the founder of Game Composites, a composite aircraft manufacturer, and a director of Walmart, the world's largest company by revenue.

Early life

Steuart Walton was born circa 1982 in Bentonville, Arkansas.[1][2][3] His father, Jim Walton, is a former director of Walmart.[1][2] His paternal grandfather, Sam Walton, was the founder of Walmart.[1][2]

Walton graduated from the University of Colorado Boulder.[4][5] He received a law degree from the Georgetown University Law Center.[1][4]

Career

Walton worked for Republican Senator Peter Fitzgerald.[6] He subsequently worked for a law firm in Santiago, Chile.[6]

Walton was an attorney for Allen & Overy in London for three years.[1][4] He subsequently worked in the mergers & acquisitions division of Walmart for two years,[1] including on Carnaby Street in London.[7]

Walton is a pilot.[2] In 2013, founded Game Composites, a composite aircraft manufacturer.[3][4] He serves as its chief executive officer.[6]

Since June 3, 2016, he has served on the board of directors of Walmart.[2]

Philanthropy

Walton serves on the board of the Walton Family Foundation.[4][8] Walton and his brother Tom, who both enjoy mountain biking, were influential in the foundation's US$15 million charitable contribution for the establishment of the Razorback Regional Greenway in 2015.[8] In 2016, they also played a role in the foundation's US$20,000 donation for the expansion of a garden at the Samaritan Community Center in Bentonville.[9]

Additionally, Walton serves on the boards of directors of the Crystal Bridges Museum of American Art, the Smithsonian National Air and Space Museum, and the Leadership for Educational Equity.[3][4] He was a speaker at the 2016 Aspen Ideas Festival.[6]

Political activity

In 2012, Walton donated US$299,500 to Keep Dollars in Benton County, an organization whose aim was to let retailers sell alcohol in Benton County, Arkansas.[10] Benton County is no longer a dry county.

References

  1. 1 2 3 4 5 6 Nassauer, Sarah (April 20, 2016). "Wal-Mart Nominates Grandson of Founder for Its Board". The Wall Street Journal. Retrieved June 4, 2016.
  2. 1 2 3 4 5 Nassauer, Sarah (June 4, 2016). "Wal-Mart CEO Touts Tech, Tells Shareholders Momentum is 'Real'". The Wall Street Journal. Retrieved June 4, 2016.
  3. 1 2 3 "Board". Leadership for Educational Equity. Retrieved June 4, 2016.
  4. 1 2 3 4 5 6 "Steuart Walton". Walmart. Retrieved June 4, 2016.
  5. "Wal-Mart Stores Inc (WMT:New York): Steuart L. Walton". Bloomberg. Retrieved June 4, 2016.
  6. 1 2 3 4 "Steuart Walton". Aspen Ideas Festival. Retrieved June 4, 2016.
  7. Leftly, Mark (January 29, 2012). "Walmart grandson plots Europe drive from Carnaby Street". The Independent. Retrieved June 4, 2016.
  8. 1 2 "Walton influence extends beyond business". Arkansas Democrat-Gazette. June 1, 2016. Retrieved June 4, 2016.
  9. Neiswanger, Robbie (April 24, 2016). "Brothers nurture innovation". Arkansas Democrat-Gazette. Retrieved June 4, 2016.
  10. Henry, Larry (November 1, 2012). "Tom, Steuart Walton Give $299,500 Each To Liquor Effort". 5NewsOnline.com. Retrieved June 4, 2016.
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