Story of walmart founder biography

Sam Walton was an American entrepreneur who founded Walmart, revolutionizing retailing and becoming one of the wealthiest men in the U. He is known for his innovative approaches in the retail business. Born on March 29, , in Kingfisher, Oklahoma, and raised in Missouri, Walton exhibited leadership qualities early on, earning accolades as an athlete and an Eagle Scout.

He pursued a degree in economics from the University of Missouri, graduating in , after which he began his retail career at J. In , Walton opened the first Walmart in Rogers, Arkansas, revolutionizing retail by focusing on discount prices in small, rural towns. Walton's vigorous work ethic, starting his days at a. Although his success sparked criticism from local merchants concerned about the impact on community shops, Walton actively engaged with towns by promoting job creation and supporting charitable causes.

Sam walton net worth

Despite his immense wealth, which Forbes identified in , Walton maintained a humble lifestyle, driving an old Ford pickup and living in the same home in Bentonville, Arkansas, since with his wife, Helen. A devoted family man, Walton fathered four children: S. Robson, John, James, and Alice. He remained an influential figure in Walmart until his passing on April 5, , due to bone marrow cancer.

His legacy continues through Walmart's global impact in the retail industry, cemented by honors such as the Presidential Medal of Freedom awarded just a month before his death. Samuel Moore Walton, widely recognized as the founder of Walmart, was born on March 29, , in Kingfisher, Oklahoma. As the eldest son of Thomas Walton, a banker, and Nancy Lee, he enjoyed a supportive family environment.

The Waltons moved to Missouri when he was young, where Walton excelled both academically and athletically. He was an outstanding student, a capable athlete, and even earned the rank of Eagle Scout.