John T. Walton: Difference between revisions
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As part of the [[Philanthropy Roundtable]], in [[1998]] Walton and friend [[Theodore J. Forstmann|Ted Forstmann]] established the [[Children's Scholarship Fund]] to provide tuition assistance for low-income families wanting to give their children the best possible education through attendance at a private school. |
As part of the [[Philanthropy Roundtable]], in [[1998]] Walton and friend [[Theodore J. Forstmann|Ted Forstmann]] established the [[Children's Scholarship Fund]] to provide tuition assistance for low-income families wanting to give their children the best possible education through attendance at a private school. |
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On [[27 June]] [[2005]], Walton died |
On [[27 June]] [[2005]], Walton died when the [[ultralight]] [[homebuilt aircraft]] ([[Experimental Aircraft]] under [[Federal Aviation Administration|FAA]] regulation) that he was [[aviator|piloting]] crashed in [[Jackson, Wyoming|Jackson]], [[Wyoming]]. Walton's plane crashed at 12:20 pm local time (1820 GMT) shortly after taking off from [[Jackson Hole Airport]]. |
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Just before his death, Walton was estimated to be worth $18.2 [[billion]] by [[Forbes]] magazine and was tied with his brother [[Jim Walton|Jim]] as the 4th richest person in the [[United States]] [http://www.forbes.com/finance/lists/54/2004/LIR.jhtml?passListId=54&passYear=2004&passListType=Person&uniqueId=GHPT&datatype=Person] and 11th richest person in the world. |
Just before his death, Walton was estimated to be worth $18.2 [[billion]] by [[Forbes]] magazine and was tied with his brother [[Jim Walton|Jim]] as the 4th richest person in the [[United States]] [http://www.forbes.com/finance/lists/54/2004/LIR.jhtml?passListId=54&passYear=2004&passListType=Person&uniqueId=GHPT&datatype=Person] and 11th richest person in the world. |
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Revision as of 09:49, 29 June 2005
John Thomas Walton, (October 8 1946 – June 27, 2005), was a son of Wal-Mart founder Sam Walton. He was the chairman of True North Partners, a venture capital firm. Walton was educated at The College of Wooster in Wooster, Ohio.
He served during the Vietnam War in the United States Army's Green Berets as part of the Special Operations Group. He joined in 1968, after the Tet Offensive. He was involved in a battle in the A Shau Valley in Laos, where he was the medic and No 2 man in a unit named Strike Team Louisiana. An account of the battle can be found in the book "Across the Fence: The Secret War in Vietnam" (ISBN: 0974361801) by John Stryker Meyer. Eventually he received a Silver Star for bravery in combat.
As part of the Philanthropy Roundtable, in 1998 Walton and friend Ted Forstmann established the Children's Scholarship Fund to provide tuition assistance for low-income families wanting to give their children the best possible education through attendance at a private school.
On 27 June 2005, Walton died when the ultralight homebuilt aircraft (Experimental Aircraft under FAA regulation) that he was piloting crashed in Jackson, Wyoming. Walton's plane crashed at 12:20 pm local time (1820 GMT) shortly after taking off from Jackson Hole Airport.
Just before his death, Walton was estimated to be worth $18.2 billion by Forbes magazine and was tied with his brother Jim as the 4th richest person in the United States [1] and 11th richest person in the world.
See also
External links
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