Sean Allen Fenn pfp
Sean Allen Fenn
@seanallenfenn
Methods of Prosperity 47 TL;DR In 1985, Forbes Magazine declared Sam Walton the richest man in America. He was the founder of Walmart. Sam Walton preferred not to live an extravagant lifestyle. He drove an old pickup truck. He wore a Walmart trucker hat. The local barber gave him regular haircuts. Walmart lost half a billion dollars after the stock market crash in 1987. Walton’s response? “It’s only paper.” Sam Walton was born in 1918 in Kingfisher, Oklahoma. His father, Thomas Gibson Walton, was a natural negotiator and banker who avoided debt. Sam’s mother, Nancy Lee, started a milk business during the Great Depression. Growing up during tough times, Sam learned the value of money early. He contributing to his family’s income. Sam raised rabbits and pigeons, which he sold, as well as magazine subscriptions. Walton graduated with a BA in economics from the University of Missouri. He worked for JC Penney before serving as a captain in the U.S. Army Intelligence Corps during World War II....
0 reply
0 recast
0 reaction