One of the most impressive people in US history is Sam Walton. He founded two multi-million dollar companies, Wal-Mart and Sam’s Club. These are both multi-national businesses and have been in operation for over 40 years. Mr. Walton died in 1992 with a net worth of over 20 billion dollars and his success still lives on today. Sam Walton lived through the depression and still grew up to be one of the richest men of his time. Sam Walton was born in 1918. He lived with his parents on a farm in Kingfisher, Arkansas until 1923. Then his father decided that he wasn’t making enough money to support the family. The family then moved to Orlando, Florida. They continued to move around a lot from one small town to the next. Sam managed to become Florida’s youngest Eagle Scout.
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He was admitted into the Beta Theta Phi fraternity and was also tapped by QEBH, a well-known secret society on campus. He was also a member of the Scabbard and Blade National Military Honor Society. He did very well in college, graduating with a bachelor’s degree in economics and was even voted the permanent president of his class. Three days after graduating college, he joined J.C Penny as a manager. The position paid him 75 dollars per month. He then resigned to work at the DuPont munitions factory at Tulsa in anticipation of being drafted into World War 1. Soon afterwards, Walton joined the military in the U.S. Army Intelligence Corps, supervising security at aircraft plants and prisoner of war camps. In this position he served at Fort Douglas in Salt Lake City, Utah. He eventually reached the rank of Captain. After the war, Walton took over management of his first store. With a $20,000 loan from his father-in-law and $5,000 that he saved in the army, he bought the Ben Franklin variety store. Walton pioneered many concepts that became huge factors in his success. The sales in the store grew from about $80,000 to $225,000 in just three
He was admitted into the Beta Theta Phi fraternity and was also tapped by QEBH, a well-known secret society on campus. He was also a member of the Scabbard and Blade National Military Honor Society. He did very well in college, graduating with a bachelor’s degree in economics and was even voted the permanent president of his class. Three days after graduating college, he joined J.C Penny as a manager. The position paid him 75 dollars per month. He then resigned to work at the DuPont munitions factory at Tulsa in anticipation of being drafted into World War 1. Soon afterwards, Walton joined the military in the U.S. Army Intelligence Corps, supervising security at aircraft plants and prisoner of war camps. In this position he served at Fort Douglas in Salt Lake City, Utah. He eventually reached the rank of Captain. After the war, Walton took over management of his first store. With a $20,000 loan from his father-in-law and $5,000 that he saved in the army, he bought the Ben Franklin variety store. Walton pioneered many concepts that became huge factors in his success. The sales in the store grew from about $80,000 to $225,000 in just three