How old was Sam Walton when he passed away?

Samuel Moore Walton was an American businessman and entrepreneur best known for founding the retailers Walmart and Sam's Club. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the biggest private employer in the world. For a period of time, Walton was the richest man in America.

What was the cause of Sam Walton's death?

Walton died on Sunday, April 5, 1992 (three months shy of Walmart's thirtieth anniversary), of multiple myeloma, a type of blood cancer, in Little Rock, Arkansas. The news of his death was relayed by satellite to all 1,960 Walmart stores. At the time, his company employed 380,000 people.

How much was Sam Walton worth when he died?

Sam Walton was an American businessman and entrepreneur who had a net worth of $8.6 billion (approximately $15 billion in today's money) at the time of his death in 1992.

What disease did Sam Walton have?

Walton had long struggled against two types of cancer, hairy-cell leukemia, which weakens the immune system by attacking white blood cells, and a bone-marrow cancer called multiple myeloma. Mr. Walton opened the first Wal-Mart Discount City in 1962 in Rogers, Ark., a small city in the Ozarks.

Who took over Walmart after Sam Walton died?

Glass was CEO of Walmart—then spelled Wal-Mart—starting in 1988 as its founder began to deal with serious health issues. Sam Walton died four years later, and Glass continued to lead the discounter for a total of 12 years, retiring in 2000 and turning the reins over to Lee Scott.

CBS News death report on Sam Walton April 5, 1992

Do Waltons still own Walmart?

As of December 2014, the Waltons collectively owned 50.8 percent of Walmart. In 2018, the family sold some of their company's stock and now owns just under 50%.

Who owns the other 50% of Walmart?

It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings.

Where do the Walmart Waltons live?

In 1950, the Walton family – Sam and Helen, sons, Rob, John, and Jim, and daughter Alice Walton – moved to Bentonville in northwest Arkansas from the eastern side of the state.

Who's the richest family in the world?

Key Takeaways. At $238 billion, the Waltons are the richest family in the world thanks to their massive stake in Walmart, the world's largest company by revenue.

Did Sam Walton fly his own plane?

Use of Private Planes

Sam Walton was a private pilot and used his airplane to travel around Arkansas and neighboring states to visit his stores, scout new locations, and recruit staff.

Which Walton was killed in a plane crash?

Wal-Mart heir and philanthropist John T. Walton died Monday in Wyoming, when the experimental, ultra-light aircraft he was piloting crashed, the Associated Press reports.

What were Sam Walton's last words?

During his lifetime, he was in regular contention for being the richest man in the world. And yet, it's what Sam said on his deathbed that gave me pause. His final words were: “I blew it.” Sam Walton blew it?

Did China buy out Walmart?

Our ruling: False. We rate this claim FALSE because it is not supported by our research. Walmart was not sold to a Chinese firm, as any rudimentary online search will show.

Does China own part of Walmart?

The Walton family owns and controls Walmart and its operations. Sam Walton founded it as Walmart Discount City in 1962, Bentonville, Arkansas. Thus, it is clear that Walmart is not owned by China or the Chinese.

Who is the richest Walton?

At 77 years old, the eldest heir to the Walmart fortune, Rob Walton, has an estimated net worth of $57.9 billion and holds the ranking of 22nd richest person in the world.

Did any of the Waltons date each other?

In an exclusive interview with DailyMail.com on the fifth anniversary of his death, Learned, 79, reveals that she and Waite 'were in love' off screen and they even went on a date.

How does the Waltons end?

The final episode, titled “The Revel,” aired on June 4, 1981. In the episode, John-Boy goes to New York to pursue his writing career but arrives to find that his manuscript has been rejected. His publisher's secretary gives him enough money to return home and advises him to start a new book. He returned home dejected.

Was Alice Walton ever married?

Personal life. Walton married a prominent Louisiana investment banker in 1974 at age 24, but they were divorced 2½ years later. According to Forbes, she married "the contractor who built her swimming pool" soon after, "but they, too, divorced quickly".

How many children did Alice Walton have?

She's never had any kids, but speaks fondly of her 23-year-old horse trainer, Jesse Lennox, and loves watching him compete. Walton got an economics and finance degree in 1971 from Trinity University in San Antonio, Tex., and worked briefly as a buyer at Walmart after graduation.

Where is Sam and Helen Walton buried?

Helen Walton was buried Monday in a private ceremony next to her husband Sam in Bentonville Cemetery, which is next to Wal-Mart's headquarters. Sam Walton died in 1992 at the age of 74.