Sam Walton vs Andrew Carnegie

Sam Walton’s profile picture
Andrew Carnegie’s profile picture
Businessman
Industrialist, Businessman, Entrepreneur and a major Philanthropist.
$22 Billion
Net worth 2018
$309 Billion
Retailers
Industry
Steel
Kingfisher, Oklahoma
Residence
Dunfermline
United States
Country
American, Scottish
29/03/1918
BirthDay
25/11/1835
April 5, 1992
Died On
August 11, 1919
University of Missouri-Columbia (1940), Hickman High School (1936)
Education
NET WORTH STATISTIC
TIMELINE
1991

Wal-Mart became the nation’s largest retailer in 1991, surpassing even Sears, Roebuck & Company

1990

Wal-Mart enjoyed continued success in the years to come and by the early 1990s, the company’s stock worth had surged to $45 billion

1988

Walton had stepped down as CEO in 1988, but remained active in the company until his death in 1992

1980

Ever the innovator, Sam Walton launched the first Sam's Club in the 1980s to serve small businesses and individuals

1972

By 1972, Wal-Mart was listed on the New York Stock Exchange (WMT)

1970

The company went public in 1970 and the first stock was sold at $16

1967

Over the next few years several Wal-Mart stores sprung up all over the nation and by 1967, the Walton family owned 24 stores, registering up to $12

1962

Founded in the United States in 1962, the company is now a multinational with over 11,000 stores in 28 countries, under a total 65 banners

1960

He found considerable success in retail management with his pioneering concepts, and by the early 1960s, Walton, along with his brother James, owned 15 Ben Franklin franchises and one independent store

1945

Married by now, he borrowed some money from his father-in-law and purchased a Ben Franklin variety store in Newport, Arkansas, in 1945

1943

Sam Walton married Helen Robson on February 14, 1943

1942

He resigned from the job in 1942 in order to serve in the World War II

1940

He graduated in 1940 with a bachelor’s degree in economics

1936

Hickman High School in Columbia where he was voted the "Most Versatile Boy" at the time of his graduation in 1936

1918

He was born as Samuel Moore Walton on March 29, 1918, in Kingfisher, Oklahoma, U

1901

It finally resulted in ‘the United States Steel Corporation’, which was incorporated on March 2, 1901

1892

In1892 he founded the Carnegie Steel Company by utilizing the various assets that he had accumulated over the years

1889

He wrote an article, “Wealth” in 1889 through which he emphasized upon the social responsibility of the wealthy class towards the less fortunate in the society

1888

His decision to take over the rival company, Homestead Steel Works in 1888 brought strategic advantages to his business

1886

His well-known piece of writing, “Triumphant Democracy” was published in 1886 and well accepted in the U

1873

He had the vision to foresee that iron would be replaced by steel hence he ended up setting a steel rail company in 1873 after which the steel furnace at Braddock started with steel rails in 1874

1870

Till 1870, Carnegie speculated in small iron factories through investments

1855

Carnegie made his very first investment of $500 in Adams Express in 1855 with Scott’s support; following which he learnt to invest and disinvest resulting in a huge start-up capital for his business ventures

1853

Scott (superintendent of Pennsylvania Railroad) in 1853

1850

Starting in 1850 as a messenger boy for a telegraph office in Pittsburg, he moved on to become secretary to Thomas A

1848

His father was a weaver and moved the entire family to Allegheny City, Pennsylvania, in 1848 after industrialization phase that rendered him jobless and in relentless poverty

1835

Andrew Carnegie was born on November 25, 1835 to William Carnegie and Margaret Morrison Carnegie in Dunfermline, Scotland