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Sam Walton

Sam WaltonAKA Samuel Moore Walton

Born: 29-Mar-1918
Birthplace: Kingfisher, OK
Died: 5-Apr-1992
Location of death: Little Rock, AR
Cause of death: Cancer - Bone
Remains: Buried, Betonville Cemetery, Bentonville, AR

Gender: Male
Religion: Presbyterian
Race or Ethnicity: White
Sexual orientation: Straight
Occupation: Business

Nationality: United States
Executive summary: America's richest man, founded Wal-Mart

Military service: US Army

Sam Walton co-founded the world's largest retail chain, Wal-Mart, on 2 July 1962 with his brother. Twenty years later, Sam had become the richest man in the world.

Sam had accomplished this feat largely through the magic known as economy of scale: the bigger capacity you have, the more product you can buy at one time, the lower the price you pay. And the bigger Wal-Mart got, the wider their profit margins became.

In addition, Sam catered to an overlooked market segment: small-town America. He would find empty farmland equidistant from three towns, each of which with an approximate population of 10,000. The small-town inhabitants were already used to driving many miles to get to the nearest department store, so the distance was no obstacle. This way, Sam managed to triple the effective population served by each of his stores.

Father: Thomas Gibson Walton
Mother: Nancy Lee
Brother: James (b. 1921)
Wife: Helen Robson Walton (m. 14-Feb-1943)
Son: Samuel Robson Walton (b. 1944)
Son: John Thomas Walton (b. 1946)
Son: James Carr Walton (b. 1948)
Daughter: Alice L. Walton (b. 1949)

    High School: Hickman High School, Columbia, MO
    University: University of Missouri, Columbia, MO (1940)

    Wal-Mart Founder
    DuPont Tulsa, OK
    J. C. Penney Management Trainee, Des Moines, IA
    Member of the Board of Wal-Mart (as Chairman, -1992)
    Rotary International Bentonville, AR
    Beta Theta Pi Fraternity
    Eagle Scout Shelbina, MO 1934
    Presidential Medal of Freedom 1992

Author of books:
Sam Walton, Made in America: My Story (1992)

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