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Bud and his brother, Sam, began their career in the retail industry working in the Ben Franklin Stores, a franchised unit of Butler Brothers of Chicago.. Wal-Mart Stores Inc. opened its first Sam's Club – named for Sam Walton – on April 7, 1983, in Midwest City, Oklahoma.
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.
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 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.
In public, the Waltons live a pretty modest life despite their wealth. Here's how they spend their fortune.
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, Arkansas, expanding inside Oklahoma by 1968 and ...
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] At Bud's death, she and her sister Ann Walton Kroenke inherited a stake in Walmart now worth over $9 billion.
Combined wealth in US$ billions (estimated) Source of wealth. Country or region. Walton [ 5 ][ 6 ] Jim Walton, S. Robson Walton, Alice Walton, Lukas Walton, Christy Walton, Nancy Walton Laurie, Ann Walton Kroenke (Sam Walton, Bud Walton) 289.8 (2024) [ 7 ] Walmart, Sam's Club. United States. Arnault.