10 Interesting Sam Walton Facts
Sam Walton Facts present the information about the famous American businessman and entrepreneur. He was born on 29 March 1918 as Samuel Moore Walton in Kingfisher, Oklahoma. He passed away on 5 April 1992. His parents were Thomas Gibson Walton and Nancy Lee. Until 1923, Sam lived with his parents on their farm. Get more interesting facts about Sam Walton in the following post below:
Sam Walton Facts 1: farm mortgaging
Since farming did not provide a good deal of money, Thomas Walton decided to change his business into farm mortgaging. Walton Mortgage Company was owned the bother of Thomas. He decided to work there. During the great depression, he repossessed the farms.
Sam Walton Facts 2: the record of Sam
It was very surprising to know that Sam was known as the youngest Eagle Scout in the history of Missouri. At that time, he was on the 8th grade in Shelbina.
Sam Walton Facts 3: the adulthood
He also got another record when Sam was in adulthood. The Boy Scouts of America gave him the Distinguished Eagle Scout Award.
Sam Walton Facts 4: the early jobs
There were many jobs that Walton had to do to help the financial need of his family during the great depression. He would milk the family cow, bottled it and sent it to the customers. He also became a newspaper man where he had to deliver the Columbia Daily Tribune.
Sam Walton Facts 5: the Most Versatile Boy
He took the title as the Most Versatile Boy when he graduated from David H. Hickman High School in Columbia.
Sam Walton Facts 6: the college time
To change the life of his family, he wanted to attend the college. Therefore, he became an ROTC cadet in University of Missouri. He also did various kinds of jobs to support his life at the college.
Sam Walton Facts 7: graduation
Sam Walton got a Bachelor’s of Economics in 1940. Then he worked as a management trainee in J.C. Penney in Des Moines, Iowa three days after his graduation. In a month, he could earn $75.
Sam Walton Facts 8: military
Do you know that Sam Walton also had a brief career in the military? He participated in the World War II. But he left his military career in 1945.
Sam Walton Facts 9: the first store
When he was 26 years old, he took over Ben Franklin variety store in Newport, Arkansas. He bought it by spending $5,000 from his pocket and $20,000 from the loan of his father in law. His store was very successful and he could buy more stores. Find out another big company in Nokia facts.
Sam Walton Facts 10: the first Wal-Mart
On 2 July 1962, the first true Wal-Mart store was opened in Rogers, Arkansas. Get facts about Arkansas here.
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