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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.
Walmart officials moved McMillon from his role at Sam's Club to lead Walmart's international division in February 2009, [12] replacing Mike Duke, who was promoted to CEO of Walmart Stores, Inc. [10] Under McMillon, Walmart International focused on improving in existing markets, such as Canada, China, United Kingdom and the Americas. [13]
Walmart is the world's largest company by revenue, according to the Fortune Global 500 list in October 2022. [15] In February 2023, Walmart announced that its FY2023 total revenue was $611.3 billion. [16] Walmart is also the largest private employer in the world with 2.1 million employees.
The largest shareholder of Walmart is the Walton family, who owns more than half of all Walmart shares. The second largest shareholder in Walmart is the Vanguard Group, who holds around 5% of ...
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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.
The Walmart Museum did the math: Because of growth and frequent stock splits, someone who invested $1,650 in 100 shares on Oct. 1, 1970, would have had 204,800 shares worth an estimated $17 ...
From 2016 to 2021, he was the President and CEO of Walmart U.S. eCommerce. [5] Lore was appointed in September 2016 to lead Walmart's e-commerce division when his company Jet.com—an e-commerce website launched in 2014—was acquired by Walmart, Inc. Walmart purchased Jet for $3.3 billion. [6]