He resigned in 1942 in anticipation of being inducted into the military for service in World War II. ![]() Walton spent approximately 18 months with J. ![]() Penney as a management trainee in Des Moines, Iowa, three days after graduating from college. Walton realized while serving in the army, that he wanted to go into retailing and to go into business for himself. įurthermore, he elaborated that he learned from a very early age that it was important for them as kids to help provide for the home, to be givers rather than takers. Upon graduating in 1940 with a bachelor's degree in economics, he was voted "permanent president" of the class. Additionally, Walton served as president of Burall Bible Class, a large class of students from the University of Missouri and Stephens College. He was also tapped by QEBH, the well-known secret society on campus honoring the top senior men, and the national military honor society Scabbard and Blade. Also during his time in college, Walton joined the Zeta Phi chapter of Beta Theta Pi fraternity. During this time, he worked various odd jobs, including waiting tables in exchange for meals. He attended the University of Missouri as an ROTC cadet. Hickman High School in Columbia, he was voted "Most Versatile Boy".Īfter high school, Walton decided to attend college, hoping to find a better way to help support his family. In addition, he sold magazine subscriptions. Afterwards, he would deliver Columbia Daily Tribune newspapers on a paper route. He milked the family cow, bottled the surplus, and drove it to customers. Growing up during the Great Depression, he did chores to help make financial ends meet for his family as was common at the time. Įventually the family moved to Columbia, Missouri. In adult life, Walton became a recipient of the Distinguished Eagle Scout Award from the Boy Scouts of America. While attending eighth grade in Shelbina, Missouri, Sam became the youngest Eagle Scout in the state's history. They moved from one small town to another for several years, mostly in Missouri. He and his family (now with another son, James, born in 1921) moved from Oklahoma. 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. However, farming did not provide enough money to raise a family, and Thomas Walton went into farm mortgaging. He lived there with his parents on their farm until 1923. Samuel Moore Walton was born to Thomas Gibson Walton and Nancy Lee, in Kingfisher, Oklahoma. for several consecutive years, with a net worth of around US$240.6 billion as of January 2022. ![]() His family has remained the richest family in the U.S. For a period of time, Walton was the richest person in the United States. grew to be the world's largest corporation by revenue as well as the biggest private employer in the world. - Readers should not judge the importance of topics based on their coverage on Wiki How, nor think a topic is important just because it is the subject of a Wiki article.Was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in 19 respectively.If you need specific advice (for example, medical, legal, financial or risk management), please seek a professional who is licensed or knowledgeable in that area. - Please note: Wiki How does not give you opinion about the law, or advice about medical.- Some articles may contain names, images, artworks or descriptions of events that some cultures restrict access to.- A few of these subjects are frequently censored by educational, governmental, corporate, parental and other filtering schemes.Wiki How does not encourage the violation of any laws, and cannot be responsible for any violations of such laws, should you link to this domain, or use, reproduce, or republish the information contained herein. ![]() Text is available under the Creative Commons Attribution-Share Alike License additional terms may apply. ⚠️ Disclaimer: Content from Wiki How English language website.
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