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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.
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 ...
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. Walton cofounded the Children's Scholarship Fund, providing tuition scholarships for disadvantaged youth.
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.
Walton’s company didn’t hit his goal but, for the better part of the past two decades, different Walmart leaders have been trying, albeit with varying levels of commitment and investment.
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]
Include Lukas ($35.7 billion) and Christy ($16.1 billion) — the son and widow of Sam's fourth child, the late John T. Walton — and the wealth of retail's royal family exceeds $355 billion ...
Walton lives in Jackson, Wyoming [8] and Chicago. [9] He is married to Samantha Walton, [10] [11] [12] who is listed as the co-president with Lukas Walton in the Builders Initiative, which is a Walton family foundation. [13] In 2022, Walton was ranked 106th in the Forbes annual list of the world's billionaires with a net worth of $16.5 billion ...