Search results
Results from the WOW.Com Content Network
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.
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 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.
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.
In public, the Waltons live a pretty modest life despite their wealth. Here's how they spend their fortune.
Source: Sura Nualpradid. "It delighted me with a wider view of life and inspired me with new ambition. For so poor and friendless a boy to be able to become a merchant or a professional man had ...
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 ]
Leland Stanford "L.S." Robson (January 21, 1884 – August 10, 1973) was an American businessman, lawyer, politician, banker, and rancher.He was the father of Helen Walton and father-in-law of Walmart and Sam's Club founder Sam Walton.