Sam Walton’s profile picture

Sam Walton

Businessman
Sam Walton’s profile picture
Net worth 2018: $22 Billion
Industry: Retailers
Residence: Kingfisher, Oklahoma
Country: United States
BirthDay: 29 March 1918
Sigh: Aries
Died On: April 5, 1992
Education: University of Missouri-Columbia (1940), Hickman High School (1936)
BIOGRAPHY

Sam Walton was bornon 29 March 1918 in Kingfisher, Oklahoma, American, is Businessman. Sam Walton was an American businessman who founded the Wal-Mart Stores Inc. which grew to be the world’s largest corporation by revenue as well as the biggest private employer in the world. Founded in 1962, today the company has thousands of stores all over the world. Sam Walton had spent years in the retail management business before opening the first Wal-Mart store. Born into a humble farming family in the late 1910s, he grew up during the Great Depression when not just his own family, but everyone else around him struggled to make ends meet. Still a young boy, he took up a variety of jobs in order to contribute to his family’s income and this taught him the value of hard work and determination at a young age. He attended the University of Missouri and graduated with a bachelor’s degree in economics. After working for a while at J. C. Penney, he went on to serve in the army during the war years before venturing into the retail management business. He took over management of his first variety store when he purchased a Ben Franklin variety store in Newport, Arkansas. Eventually he opened the first Wal-Mart store in 1962 which has now grown to include over 11,000 stores in 28 countries.

NET WORTH STATISTIC
2018

$22 Billion

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

(4.7/127 votes)