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Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in Rogers, Arkansas, and Midwest City, Oklahoma, in 1962 and 1983 respectively.
When Sam Walton died in 1992, he left his ownership in Wal-Mart to Helen and their four children. In 2002, as Helen Walton was the president of the Walton Family Foundation, a $300 million donation was made to the University of Arkansas, the biggest donation ever made to a public university in the United States. [ 5 ]
John Thomas Walton (October 8, 1946 [1] – June 27, 2005) was an American war veteran and a son of Walmart founder Sam Walton. He was also the chairman of True North Venture Partners , a venture capital firm.
Sam Walton founded Walmart in 1962 and Sam’s Club in 1983. His model was “low prices and great services,” as inspired by the dime store he once owned, according to company materials.
At the time of her death, The following are a few of the notable figures that passed away in 2007: Helen Walton, the widow of Wal-Mart founder Sam Walton, died in April at the age of 87. The first ...
Walmart founder Sam Walton and his wife Helen, on their wedding day, February 14, 1943. At the time, Sam was a management trainee with the J.C. Penney Company. Photo: Courtesy of Walmart.
Christy Walton took her husband John's place in the ranking after his death. The majority of the family's wealth derives from the heritage of Bud and Sam Walton, who were the co-founders of Walmart. Walmart is the world's largest retailer, one of the world's largest business enterprises in terms of annual revenue, and, with just over 2.2 ...
Sam and Helen Walton created the Walton Family Foundation in 1987 with $1,000. [ 1 ] [ 2 ] Upon Sam Walton's death in 1992, he gave the foundation $172 million through a trust. [ 2 ] The foundation focuses on education (including charter schools ), environmental conservation , and supporting communities in its home region, which it defines as ...