Samuel Moore "Sam" Walton was an American businessman and entrepreneur born in Kingfisher, Oklahoma, best known for founding the retailers Walmart and Sam's Club. In 1945 Mr.Walton bought a peace of Ben and Franklin stores. nTask Launch year: 2015 nTask Headquarters: California Read more. The first Wal-Mart Supercenter debuted during the same decade, combining a grocery and general items to provide one-stop shopping convenience.Wal-Mart continued to prosper in the following years, and by the early 1990s, the companys stock value had risen to $45 billion. Frequently Asked Questions about the NFL and Football, Pro-Football-Reference.com Blog and Articles, Subscribe to Stathead Football: Get your first month FREE. Quick Facts Died At Age: 74 Family: Spouse/Ex-: Helen Walton (1943 - his death) father: Thomas Gibson Walton mother: Nancy Lee siblings: James children: Alice Walton, Jim C. Walton, John T. Walton, S. Robson Walton Born Country: United States Quotes By Sam Walton Retailers Died on: April 5, 1992 place of death: Little Rock U.S. State: Oklahoma Additionally, the Walton family supported numerous charitable initiatives.He battled two types of cancer in his final years: hairy-cell leukemia and bone marrow malignancy. Sam Walton | Encyclopedia.com in Little Rock, Arkansas, USA, This form allows you to report an error or to submit additional information about this family tree: Sam WALTON (1918), Copyright Wikipdia authors - This article is under licence CC BY-SA 3.0. Sam Walton Quotes - BrainyQuote Samuel Moore "Sam" Walton was born on March 29, 1918, and founded Walmart and Sam's Club chains. Sam's father decided farming did not generate enough income on which to raise a family, so he decided to go back to a previous profession of a mortgage man. Sam started his retail career at J.C. Penney. Walmart employs 371,000 associates in 1,928 stores and clubs. Sam Walton was born in 1918 in Kingfisher, Oklahoma. Sam Walton Biography - Childhood, Life Achievements & Timeline Quotes are added by the Goodreads community and are not verified by Goodreads. There they moved from one small town to another for several years. So in a sense they are setting up the next generation of inherited wealth dynasties., Richest 25 Americans reportedly paid true tax rate of 3.4% as wealth rocketed, Original reporting and incisive analysis, direct from the Guardian every morning, 2023 Guardian News & Media Limited or its affiliated companies. Wal-Mart went on the public stock exchange in 1970. He was 74. Sam notes that his parents argued a lot, and they split up after he grew up. Founded in 1962 in the United States, the company has grown into a global with over 11,000 locations in 28 countries operating under 65 banners. "We had built a life there," she recalled in 1992. Samuel Moore "Sam" Walton was an American businessman and entrepreneur born in Kingfisher, Oklahoma, best known for founding the retailers Walmart and Sam's Club. Parents Name : Thomas Gibson Walton and Nancy Lee 4. The Walmart Foundation was founded in 1979 to assist the less fortunate, with a particular emphasis on the key areas of opportunity, sustainability, and community.He supported numerous charity activities alongside his wife and was an enthusiastic member of the First Presbyterian Church in Bentonville, where he served as a ruling elder and Sunday School instructor. Even among the super rich income inequality is an issue. Losing his lease, he opened a self-service Ben Franklin at Bentonville, Arkansas, in 1950 and named it "Walton's Five and Dime." Sam Walton was born on January 3, 1943. Over the following years, Walton and his brother, Bud would continue to scout out potential store locations and would log thousands of flight hours over his career. While receiving the Medal of Freedom, Sam Walton articulates the company's mission of saving people money so they can live better, shortly before passing away at age 74. Sam Walton's story began when he was born in Oklahoma in 1918 and moved to Missouri with his parents. The customer. Sam Walton's retailing career began September 1, 1945, in Newport, Arkansas. Username and password are case sensitive. He was a businessman and entrepreneur best known for founding the retailers Walmart and Sam's Club. Sam Walton died from multiple myeloma, a type of blood cancer, in Little Rock, Arkansas on 5 April 1992 at age 74. From here, Walton continued to open stores, encouraging his managers to run the stores properly by letting them take shares in the business. By the early 1990s, the company sales had rocketed to $45 billion. She is the owner of the Denver Nuggets of the NBA and Colorado . Sam Walton was an American businessman and entrepreneur who died in 1992 with an estimated net worth of $8.6 billion (about $15 billion in todays money). James was his younger brother. In 1983 the Walton family, whose patriarch Sam Walton founded Walmart, were worth $2.15bn (or $5.6bn in 2020 dollars). Categories: Retail Merchants | Famous People of the 20th Century | Bentonville, Arkansas | Presidential Medal of Freedom | United States Army Military Intelligence | University of Missouri | This Day In History March 29 | This Day In History April 05 | Entrepreneurs | Bentonville Cemetery, Bentonville, Arkansas | Little Rock, Arkansas | Kingfisher, Oklahoma | Business Leaders | Notables | United States of America, Notables | United States Army, World War II, WIKITREE HOME | ABOUT | G2G FORUM | HELP | SEARCH. The login page will open in a new tab. Sam Walton was passionate about giving back to society. While graduating, Walton was awarded the Most Versatile Boy award. He ensured that stores were not located more than a days drive for Wal-Marts regional warehouses. As of October 2022, Walton has a net worth of $59 billion, making her the 19th-richest person, and the second richest woman in the world according to Bloomberg Billionaires Index. He died on 5 April 1992 and is buried in Bentonville, Benton County, Arkansas, United States. His honors include the receipt of the United States Presidential Medal of Freedom. There, he lived with his parents on their farm until 1923. He died of the blood cancer known as multiple myeloma. Captain Sam Walton served in the United States Army in World War II. Wal-Mart is also the worlds largest firm in terms of revenue and the largest private employer. In 1985, Forbes named him the richest man in America with an estimated net worth of $2.8 billion. Sitemap. We have tools and resources that can help you use sports data. In 1985 Walton became Forbes magazine's "richest man in America." Walton set about establishing his stores in small towns rather than big cities and worked slowly in logistics. She was the valedictorian of her. US income inequality This article is more than 2 years old Wealth secret of the super rich revealed: be born into a rich family The 10 richest dynasties, such as those behind Walmart and Mars,. Walton family - Forbes There is also a renewed push to increase funding for the notoriously underfunded Internal Revenue Service (IRS) as well as other efforts to increase inheritance and estate taxes. On top of all this, Walton was also elected the president of Burrell Bible Class. [1] His parents are Thomas Walton and Nannia Lee Lawrence He attended the University of Missouri. All logos are the trademark & property of their owners and not Sports Reference LLC. If people believe in themselves it s amazing what they can accomplish., Sam Walton: I had to pick myself up and get on with it, do it all over again, only even better this time., Great ideas come from everywhere if you just listen and look for them. His second son and heir to the fortune, John Walton, died in a fatal plane crash on 27 June 2005. As time went on, the Walton family relocated to Columbia, Missouri. Where was Sam Walton born? Who Is Sam Walton, The Founder Of Walmart - 134 Words | Bartleby From here, he became the manager of his first variety store. Sam Walton weighed 270 lbs (122 kg) when playing. The family. 8. The company he founded, . Wal-Mart Stores, Inc. became the world's largest corporation by revenue as well as the largest private employer in the world. Sam Walton is well known as the founder of Wal-Mart. These children were Samuel Robson (1944), John Thomas (1946), James Carr (1948) and Alice Louise (1949). Sam Walton was born in Memphis, TN. Another habit is fighting tax increases for the wealthy. The most famous of these jobs was waiting tables at a local restaurant in exchange for meals. Rob Walton becomes chairman of the board. Please try again. Walton opened his discount stores in towns previously served only by hardware and five & dime stores. The farm was owned by his parents, Thomas Gibson Walton and his mother, Nancy Lee. 3. As of 2023. WALTON, SAMUEL MOORE (1918-1992). Alice Louise Walton (born October 7, 1949) is an American heiress to the fortune of Walmart as daughter of founder Sam Walton.In September 2016, she owned over US$11 billion in Walmart shares. The family moved to Arkansas in 1923, where they lived on a farm in the small town of Newport. Walton, Samuel Moore | The Encyclopedia of Oklahoma History and Culture He attended David H. Hickman High School-located in the town of his birth-and then the . After logging in you can close it and return to this page. Prior to joining the service, he spent time working at a DuPont munitions plant outside Tulsa, Oklahoma.He enlisted in the United States Army Intelligence Corps and was tasked with supervising security at aircraft factories and prisoner of war camps. Additionally, he milked the family cow, bottle surplus milk, and sell it to customers.He attended David H. Hickman High School in Columbia, where he graduated in 1936 as the Most Versatile Boy.. Please log in again. She loves to create content. Sam Walton Bio, Early Life, Career, Net Worth and Salary In adult life, Walton became a recipient of the Distinguished Eagle Scout Award from the Boy Scouts of America. On March 29, 1918, in Kingfisher, Oklahoma, United States, he was born Samuel Moore Walton to Thomas Gibson Walton and Nancy Lee. 2. How much did Sam Walton weigh when playing? He was paid $75 a month in this position. Ann Walton Kroenke (born December 20, 1948) [4] [1] [2] [3] is an heiress to the Walmart fortune. Period: Mar 29, 1918 to Apr 5, 1992. This foundation was set up to give opportunities to unprivileged people, giving them sustainability and a sense of community. Watch our How-To Videos to Become a Stathead, Subscribe to Stathead and get access to more data than you can imagine. During his lifetime, He opened 1,735 Wal-Marts, 212 Sams Clubs, and 13 Supercenters with a total of 380,000 employees and almost $50 billion in annual sales.
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