Sam Walton: A Biography
Sam Walton: A Biography
America’s richest man, Sam Walton, was not always rich. Growing up during the depression, he struggled to help his family then, not knowing he would one day own a multi-billion dollar business, and then struggle to help the poorest of America becoming one of the top philanthropists in the United States. Also seen as a great leader, not everyone agrees on the “greatness” of the man who laid the foundation of some of the most significant management concepts used today in the business world.
On March 29, 1918, Sam Walton was born in Kingfisher, Oklahoma to parents Thomas Gibson and Nancy Lee Walton. Sam’s father Tom had decided to name his first born son after his father, Samuel Moore Walton (Trimble, 1990). The family lived on a farm while Sam’s father ran a farm mortgage business. The Great Depression during the 1920’s was hard times for the family, causing a downfall in profit for Tom’s business. Without enough money to cover expenses, Tom decided to......
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