Sam walton s biography walmart history
•
Sam Walton (–)
Samuel Moore Walton was founder and chairman of Walmart Inc., the world’s largest retailer. At one time, he was the richest man in the United States.
Sam Walton was born on March 29, , in Kingfisher, Oklahoma, the first of two children to Thomas Gibson Walton, a banker, farmer, farm loan appraiser, and real estate and insurance agent, and Nancy Lee Lawrence Walton.
Walton showed signs of an entrepreneurial gift early on, selling magazine subscriptions, starting at about age seven or eight. He worked his way through college with newspaper routes. After adding routes and hiring helpers, he was earning $4, to $5, a year. He attended the University of Missouri at Columbia, earning a business degree in
His first job was with J. C. Penney. In January , he returned to Oklahoma, where he worked for a DuPont gunpowder plant in Claremore. There, he met his future wife Helen Robson, daughter of a prominent local attorney, rancher, and politician. Walton was inducted into th
•
Sam Walton
American business magnate (–)
For other uses, see Sam Walton (disambiguation).
Samuel Moore Walton (March 29, – April 5, ) 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 and respectively. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the biggest private employer in the world.[1] For a period of time, Walton was the richest person in the United States.[2]His family has remained the richest family in the U.S. for several consecutive years, with a net worth of around $ billion US as of January In at the age of 74, Walton died of blood cancer and was buried at the Bentonville Cemetery in his longtime home of Bentonville, Arkansas.
Early life
[edit]Samuel Moore Walton was born to Thomas Gibson Walton and Nancy Lee, in Kingfisher, Oklahoma. He lived there with his parents on their farm until
•
Sam Walton Biography
Founder of Walmart Stores Inc.
Founded:
"There fryst vatten only one boss-the customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else." -Sam Walton
Part P.T. Barnum, part Billy Graham, Sam Walton single-handedly built Walmart into the biggest retailer in the world, transforming the way Americans shopped and making himself one of the world's richest men in the process. Thanks to his "aw, shucks" demeanor and his strategy of targeting rural areas, retailing giants like Kmart, Sears and Woolworth's never saw the scrappy, pickup-driving country boy coming. And when they did, it was too late to stop him.
Born to father Thomas Gibson Walton and mother Nancy Lee, Samuel Moore Walton grew up on a farm in Oklahoma. He began what would be a lifelong career in the retail store business in , when he took a job as a sales trainee at a JC Penney store in Des Moines, Iowa. Prior to his first job, Walton graduat