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Sam Walton. 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. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the ...
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.
Early life. Walton was born to Thomas Gibson Walton and Nancy "Nannie" Lee Lawrence Walton on December 20, 1921, in Kingfisher, Oklahoma. His father worked as a farm appraiser and mortgage agent. The family moved often because of Thomas Walton's job. When he was 2 years old, his family moved from Oklahoma to Springfield, Missouri.
In 1945, Sam and Helen Walton purchased their first Ben Franklin "variety store" in Newport, Arkansas. Within five years, Sam was able to make his Ben Franklin store the top franchise in the state.
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 ...
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] The Walmart chain proper was founded in 1962 with a single store in Rogers, expanding inside Oklahoma by 1968 and throughout the rest ...
Rob Walton, who is the son of founder Sam Walton and served as chairman of Walmart until 2015, has unloaded shares of the retailer totaling $62.3 million.
Helen Walton. Helen Robson Walton (December 3, 1919 – April 19, 2007) was an American philanthropist and prominent arts advocate, dedicated to being a grandmother and to her community in Bentonville, Arkansas where she instituted a committee for a national museum of arts. After 31 years of activity, the Arkansas Committee on the National ...