Sam WaltonSam Walton

By: Rachel KabboordBy: Rachel Kabboord

Sam Walton Early LIfeSam Walton Early LIfe

Sam Walton was born on March 29, 1918. He was Sam Walton was born on March 29, 1918. He was born in Kingfisher, Oklahoma.born in Kingfisher, Oklahoma.

Sam’s father was named Thomas, his mother Nancy, Sam’s father was named Thomas, his mother Nancy, and he also had a younger brother named James.and he also had a younger brother named James.

Sam Walton attended the University of Missouri and he Sam Walton attended the University of Missouri and he was voted "permanent president" of the class. was voted "permanent president" of the class.

Walton joined the Zeta Phi chapter of Beta Theta Pi Walton joined the Zeta Phi chapter of Beta Theta Pi fraternity.fraternity.

He also became a ROTC Cadet and He eventually He also became a ROTC Cadet and He eventually reached the rank of captain.reached the rank of captain.

Times in HistoryTimes in History

Sam was alive during World War Two.Sam was alive during World War Two. This was a difficult time for many people, Sam This was a difficult time for many people, Sam

had to quit one of his jobs because he thought had to quit one of his jobs because he thought he was going to be drafted into the war.he was going to be drafted into the war.

He eventually was drafted, and served until He eventually was drafted, and served until 1945.1945.

He speaks of how this gave him time to think He speaks of how this gave him time to think about what he wanted to do with his life after about what he wanted to do with his life after the war, and how it changed him in many ways.the war, and how it changed him in many ways.

Sam Walton’s ChoicesSam Walton’s Choices Sam made a smart choice while he was in the Sam made a smart choice while he was in the

military, he saved up $5,000 dollars, which he put military, he saved up $5,000 dollars, which he put towards opening a store when he was released.towards opening a store when he was released.

Sam’s stores also stayed open later than most other Sam’s stores also stayed open later than most other stores around him in order to have a larger time stores around him in order to have a larger time period to make profit.period to make profit.

Sam hired workers who were willing to work for Sam hired workers who were willing to work for longer periods of time, he interviewed many times longer periods of time, he interviewed many times and thought that employees were a major key to and thought that employees were a major key to success.success.

Sam was smart because he chose locations that Sam was smart because he chose locations that were known to be the busiest. This meant higher were known to be the busiest. This meant higher prices, but he thought that it would pay off in the end, prices, but he thought that it would pay off in the end, and it always did.and it always did.

Sam Walton Business Sam Walton Business OrganizationOrganization

Mike DukeChief Executive Officer

Thomas SchoeweChief Financial Officer

Francesca M. Spinelli Chief Operating Officer

Rollin Ford Chief Information Officer

About SamAbout Sam

Sam is so popular that many people have written Sam is so popular that many people have written books about him. Including, books about him. Including, ““Sam Walton, Made in America” Sam Walton, Made in America” ““The 10 Rules of Sam Walton” and The 10 Rules of Sam Walton” and ““In Sam we Trust.”In Sam we Trust.”

Sam is a person who shows characteristics such as Sam is a person who shows characteristics such as integrity, and leadership, the employees of the time integrity, and leadership, the employees of the time viewed him as a great manager who they learned life viewed him as a great manager who they learned life lessons from everyday.lessons from everyday.

Sam is also known for his will to keep going and never Sam is also known for his will to keep going and never give up. People say he would brighten there day every give up. People say he would brighten there day every time they saw him.time they saw him.

Wal-Mart in the NewsWal-Mart in the News

There is a anti Wal-mart website that wants Wal-mart There is a anti Wal-mart website that wants Wal-mart to change there ways, and they update it on a regular to change there ways, and they update it on a regular basis. It is called www.basis. It is called www.wakeupwakeupwalmartwalmart.com.com

There was a controversy a few years ago regarding the There was a controversy a few years ago regarding the products of Wal-mart not being made in America. products of Wal-mart not being made in America. There slogan before was “Made in America” and many There slogan before was “Made in America” and many people got angy and thought that it shouldn’t be there people got angy and thought that it shouldn’t be there slogan when all of there products really aren't made in slogan when all of there products really aren't made in America.America.

To solve this conflict Wal-mart changed its slogan to To solve this conflict Wal-mart changed its slogan to “Always Low Prices”“Always Low Prices”

A major company like Wal-Mart is constantly in the A major company like Wal-Mart is constantly in the news.Sam Walton however is not because he has news.Sam Walton however is not because he has passed away.passed away.

Sam Walton quotesSam Walton quotes

Sam made the Forbes 400 list in October of Sam made the Forbes 400 list in October of 1991.1991.

Today Sam’s net worth is 21 to 23 billion Today Sam’s net worth is 21 to 23 billion dollars.dollars.

Some famous quotes from Sam Walton were Some famous quotes from Sam Walton were “Each Wal-Mart store should reflect the values “Each Wal-Mart store should reflect the values of its customers and support the vision they of its customers and support the vision they hold for their community.” hold for their community.”

““High expectations are the key to everything.”High expectations are the key to everything.”

Sam Walton’s life nowSam Walton’s life now

Sam died on April 5Sam died on April 5thth 1992.1992.

He has carried on a He has carried on a legacy of low prices, and legacy of low prices, and there are now Wal-mart there are now Wal-mart all over the world.all over the world.

His family still takes part His family still takes part in his business, and in his business, and some of his family some of his family members are still apart members are still apart of the company.of the company.

PhilanthropyPhilanthropy

On May 15On May 15thth 2010 Wal-Mart donated $2B to Fight 2010 Wal-Mart donated $2B to Fight Hunger Hunger

On June 4On June 4thth, 2009 Wal-Mart donated 7.8 Million to , 2009 Wal-Mart donated 7.8 Million to Support Summer Feeding Programs and U.S. Food Support Summer Feeding Programs and U.S. Food Banks Banks

Wal-Mart and its charitable foundation plan to give Wal-Mart and its charitable foundation plan to give $250-million in cash and $1.75-billion worth of food $250-million in cash and $1.75-billion worth of food over the next five years to fight hunger in the United over the next five years to fight hunger in the United States, the company announced States, the company announced

Wal-Mart constantly donates to many charities, this is Wal-Mart constantly donates to many charities, this is something they are known for.something they are known for.

ConclusionConclusion

I admire Sam Walton because he started a I admire Sam Walton because he started a business that today is one of the most business that today is one of the most profitable companies. profitable companies.

Millions of people all over the world know of Millions of people all over the world know of Wal-Mart, and no matter where you travel to Wal-Mart, and no matter where you travel to you are sure to find one located near you. you are sure to find one located near you.

I admire him because he started something I admire him because he started something that will be known around the world forever, that will be known around the world forever, and all of his employees and all of his employees

People who knew him said he was a wonderful People who knew him said he was a wonderful man, and that is a great thing to have.man, and that is a great thing to have.