How much would sam walton be worth today
Sam Walton: Made In America by Sam WaltonJust in case you might not realize it, the huge Walmart corporation was actually started and grown quite large by one main individual and his name was Sam Walton. This book is his personal and business story and I Highly recommended it!
My 14 yr. old son and I listened to the audio version and it was fantastic! There were incredibly few places where Walton went against any libertarian principles that I could tell. And his explaining the nitty-gritty of motivating people and trying to get them to be more comfortable with and thrive under the constant change that is the marketplace was just fantastic.
Of course he gives a wonderfully folksy description of the history of his with the help of many, many associates building the great Wal-Mart corp. Lots of neat comments from his family, top Wal-Mart employees and others regularly interspersed in his story.
The book was never boring and seemed quite fair. He admitted in the book to making many mistakes, and that was nice to see. He did not come across as arrogant at all, just very strong willed and having almost unbounded energy and focus on the business.
The different tactics he used to motivate Wal-Mart team members, to entice customers was simply wonderful to hear... especially since my son seemed to appreciate them too. He actually looked forward to hearing more of the book as we drove to and from his school each day for a few weeks.
The positive, can-do, attitude that radiates from the book is something more folks could use, including myself. I recommend this book often. My only regret is that it took me about 15-18 years from the time that my wife recommended it to me, till I actually got the audio version and listened to it.
5 Important Lessons Young People Should Learn from Sam Walton
How Rich Are the Waltons?
The Walton's saw their net worth drop from the previous list. While some work in the family business — whether that's serving on the company board or working to manage the family's wealth — others chose to pursue areas of personal passion. Sam Walton, the original man behind the company that now encompasses both Walmart and Sam's Club, set his family up for financial success when he divided the ownership before he died. He wasn't a man of flashy luxury, but you can see how his children are living a slightly more lavish life now. Source: Fortune. Source: Business Insider.
The three children of Walmart founder Sam Walton co-own Walton Enterprises, which is the biggest shareholder of the company and the reason behind their wealth. Only one of the siblings, Rob Walton, sits on the board of the company. James Walton, his brother, served on the board until , before being replaced by his son Steuart in Alice Walton, the youngest sibling, has never taken an active role running the business and has instead become a patron of the arts. When the company has a good quarter, the family makes millions of dollars in dividends.
Born on June 7, , in Newport, Ark. Walton held a seat on Walmart's board until when he yielded the seat to his son Steuart.
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Samuel Moore Walton March 29, — April 5, was an American businessman and entrepreneur best known for founding the retailers Walmart and Sam's Club. Wal-Mart Stores Inc. Walton was the richest man in America. He lived there with his parents on their farm until However, farming did not provide enough money to raise a family, and Thomas Walton went into farm mortgaging. He worked for his brother's Walton Mortgage Company, which was an agent for Metropolitan Life Insurance,   where he foreclosed on farms during the Great Depression. He and his family now with another son, James , born in moved from Oklahoma.