CEO Hall of Fame
Most Respected CEOs & CEO Hall of Fame
Sam Walton (Samuel Walton)
Wal-Mart A Retail
Empire - (1918-1992)
- USA
"Our best ideas come from clerks and schoolboys." (Samuel Walton)
Key Work
Brought up in the depression-times in Midwest, USA
Wants to copy JC Penney retail business, borrowed from his
father-in-law $25,000 & Opens a franchise for Ben Franklin store in
Arkansas, USA
Opens first Wal-Mart discount store
Pioneered the self-service concept, and championed hypermarts
Raises $5 million on the stock market through a public offering of
Wal-Mart stock.
Builds 452 new stores.
Retires for two years.
Builds 1,237 new stores.
Wal-Mart stock makes him wealthiest man in America.
Wal-Mart overtakes Sears and become biggest retailer in the United
States.
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