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Walmart founder Sam Walton and his wife Helen, on their wedding day, February 14, 1943. At the time, Sam was a management trainee with the J.C. Penney Company. Photo: Courtesy of Walmart
World War II. 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 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 ...
Alice Louise Walton (born October 7, 1949) is an American heiress to the fortune of Walmart as daughter of founder Sam Walton. In September 2016, she owned over $11 billion in Walmart shares. [ 3 ] As of November 2023, Walton has a net worth of $71 billion, making her the 17th richest person and the second- richest woman in the world according ...
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.
The first Sam's Club was opened by Walmart, Inc. in 1983 in Midwest City, Oklahoma [302] under the name "Sam's Wholesale Club". The chain was named after its founder Sam Walton. As of October 31, 2022, Sam's Club operated 600 membership warehouse clubs and accounted for 11.3% of Walmart's revenue at $57.839 billion in fiscal year 2019.
Whitney Ann Kroenke was born on September 29, 1977. [1] Her father is Stan Kroenke and her mother is Ann Walton Kroenke. [2] Through her mother, she is a member of the Walton family. She has a brother, Josh Kroenke. She graduated from Northwestern University, where she received a Bachelor of Science in Speech with a Major in Theatre.
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. [ 6]