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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.
Walton was born on May 15, 1951. [3] She is the younger daughter of Bud Walton, the brother and business partner of Walmart founder Sam Walton. [4] She grew up in Versailles, Missouri, where she met future husband Bill Laurie. [5]
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.
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.
Walmart founder Sam Walton died more than 30 years ago, but the retail giant he started is still thriving and making his family even richer. The Waltons were recently named the world's richest ...
The Walton family currently holds 45.5% of its shares outstanding, according to LSEG data. ... The parent company of German supermarket chains Lidl and Kaufland is owned by Dieter Schwarz, son of ...
David Glass joined the company in 1976. In his position as executive vice president of finance for Wal-Mart Stores, he administered the overall financial and accounting responsibilities of the company prior to his appointment as vice chairman and chief financial officer.
The company went public in 1980. [4] [5] In 1993 Costco merged with Price Club to form PriceCostco. [4] [5] Leadership in the new organization was shared between Sol Price's son, Robert, and James Sinegal. After eight months, PriceCostco spun a separate company called Price Enterprises, [6] led by the younger Price. PriceSmart continues to ...