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"Time 100 Builders & Titans: Sam Walton by John Huey". Time Magazine. December 7, 1998. Archived from the original on October 18, 2000 at Wayback Machine; Week Sam Walton: The King of the Discounters August 8, 2004; Sam M. Walton College of Business, University of Arkansas Archived May 8, 2015, at the Wayback Machine; Sam Walton at Find a Grave
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 million employees, the world's largest private employer.
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.
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 ...
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]
Sam Walton gave each of his four children a 20% stake in the family enterprise early on, and his three surviving kids each own upward of 11% of Walmart — now a company valued north of $750 ...
In 1983, Walton dined with Price and later that year the first Sam's Club opened in Oklahoma City, Oklahoma. Later when asked how it felt to be the father of an industry (the warehouse retail industry—like Costco and Sam's Club), Sol replied, "I wish I'd worn a condom."
In public, the Waltons live a pretty modest life despite their wealth. Here's how they spend their fortune. MEET THE WALTONS: How America's wealthiest family spends its Walmart fortune