John Walton Dies in Plane Crash in Wyoming

The son of Sam Walton, founder of Wal-Mart, died in a plane crash around Grand Teton National Park, Wyoming yesterday at 1:20 P.M. local time. John Walton lived near the crash site, in Jackson Hole, Wyoming. He was 58 years old. He was the pilot of the plane, which that carried no passengers, and crashed shortly after take-off. The cause of the crash has yet to be determined. Walton was pronounced dead at the scene. Besides being the heir to the Wal-Mart company, Walton was a board member. "He's the most independent of the bunch and the only one who doesn't live here in Arkansas, and he's a tremendous individual," wrote Sam Walton in his biography, which was published about 13 years ago. Bloomberg News latest ebusiness news