Sam Walton net worth

Sam Walton net worth

Net Worth: $100 Billion

About Sam Walton

It has been announced that the overall sum of Sam Walton net worth is 100 billion dollars, and such sum of money makes him one of the wealthiest people in the world. Sam Walton was born in 1918 in Oklahoma and passed away in 1992. He earned his high net worth through his career as an entrepreneur and businessman. He is mostly known to the public as a founder of the shops of Walmart and Sam’s Club. Thus, these involvements made him a very popular man in the world and also added up to the overall estimate of Sam Walton net worth.

Sam Walton was raised in a family farm. However, farming did not provide enough money for the family and his father got involved into farm mortgaging. The family moved to Florida, where they travelled from one city to another. Sam Walton went to school in Missouri, where he was also admitted to be an Eagle Scout and became the youngest Eagle Scout in Missouri. Thus, the family settled in Missouri finally.

Sam Walton worked a lot of jobs in order to help support the family financially. He milked cows and stored the milk in bottles and then drove it to customers. Also, he delivered newspapers. After high school, Sam Walton entered to study at the University of Missouri, from which he graduated in 1940, where he earned his BA degree in Economics. Sam Walton was also serving in the military, from which he was released in 1945.

When he was 26 years old and after he was released from the military, Sam Walton started to work in his first variety store. With the money which he saved, Sam Walton bought his first store in Newport, Arkansas. Sam Walton soon became one of the most successful founders of retailers stores. Sam Walton also introduced many concepts to the field, as he would always make sure that the shelves of the store were stocked with various goods at all times.

The first Walmart store was opened in 1962 in Arkansas. The original name of the store was the Wal-Mart Discount City store. Soon, more and more stores opened in various states, which added up a lot to the overall size of Sam Walton net worth. Sam Walton was also a supporter of many charitable organizations and donated much money to them. He was married to Helen Robson in 1943, with whom he had four kids.

Now you have an idea why Sam Walton net worth is this huge



sam walton net worth

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