John Walton Net Worth $21 Billion
The son of Wal Mart founder Sam Walton and a USA war veteran, he served as the chairman of True North Partners, a venture capital firm. John Walton was a grad of Bentonville High School, where he was a star football player. Then he attended the College of Wooster, but dropped from school in 1968 to concentrate on playing the flute. He served in the Green Berets included in the Studies and Observation Group. Then he left the business to fly crop-dusters over cotton fields in various southern states. He also co-financed Satloc, an airborne program firm that initiated using GPS technology in agricultural crop dusting. John Walton afterwards moved to San Diego and founded Corsair Marine, a business that built trimaran sailboats. He used to reside in Durango, Colorado, where he loved skiing, mountain biking, hiking, motorcycle riding, skydiving and scuba diving. Alongside pal Ted Forstmann, he created the Children’s Scholarship Fund in 1998 within the Philanthropy Roundtable. It aims to supply tuition aid for low income families to send their kids to private schools. He was likewise an advocate of school vouchers. With his philanthropic works and accomplishments, he received the William E. Simon Prize Philanthropic Leadership. On June 27, 2005, he perished when his CGS Hawk Arrow home built aircraft which he was piloting crashed in Jackson, Wyoming. It was filed as an “experimental aircraft” under FAA regulations which crashed soon after taking off from Jackson Hole Airport.