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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.
Logo used since January 13, 2025 Sam Walton's original Walton's Five and Dime, now the Walmart Museum Visitor Center in Bentonville, Arkansas.. The history of Walmart, an American discount department store chain, began in 1950 when businessman Sam Walton purchased a store from Luther E. Harrison in Oklahoma City, Oklahoma, and opened Walton's 5 & 10. [1]
The Original Goods. When Sam Walton opened the first Walmart on July 2, 1962 in Rogers, Arkansas, he wanted to give customers unparalleled bargains on a wide variety of products.
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.
In September 2024, Alice Walton had a net worth of $88.9 billion, making her the 18th-richest person and the richest woman in the world. [11] The Walton family fortune is broken down as such, as of February 2025: Jim Walton, $117.7 billion [12] S. Robson Walton, $119 billion [13] Alice Walton, $109.8 billion [14] Lukas Walton, $40.9 billion [15]
He and Carolyn filed for divorce in 2000. He married his third wife Melani Lowman-Walton in 2005. [9] [16] [17] His children include Carrie Walton Penner. In 2022, due to a decline in Walmart's share price, Rob and his siblings lost more than $27 billion. [18] Walton is a well-known collector of automobiles. [19]
The Walton family is still the major shareholder of Walmart Inc. The children of Walmart founder Sam Walton own about half of all Walmart shares , according to official company documents.
Christy Ruth Walton (née Tallant; [1] [2] born February 8, 1949) is the widow of John T. Walton, who was one of the sons of the Walmart founder Sam Walton. In June 2005, her husband died in a homebuilt ultralight plane crash, [ 3 ] making her the main heir to his fortune of US$ 18.2 billion.