Wal-Mart Heir John Walton Dies in Wyoming Plane Crash Piloting an Ultralight

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BENTONVILLE, Ark. -- John Walton, the son of Wal-Mart founder Sam Walton and a member of the company's board, died Monday in a plane crash in Wyoming.

Walton, 58, was piloting the ultralight that crashed shortly after takeoff from the Jackson Hole Airport in Grand Teton National Park, the company said.

In March, Forbes Magazine listed Walton as No. 11 on its list of the world's richest people, with a net worth of $18.2 billion, tied with his brother Jim Walton.