Sam Walton Cause Of Death

Sam Walton was the founder of the retailers Walmart and Sam’s Club. Sam Walton died of multiple myeloma, a type of blood cancer, on Sunday, April 5, 1992, three months before Walmart’s 30th anniversary in Little Rock, Arkansas.

His remains were laid to rest in the Bentonville Cemetery. He bequeathed his stake in Walmart to his wife and children: Rob Walton followed his father as Chairman of Walmart, and John Walton served as a director until he died in an aircraft crash in 2005.

Walton was included in Time magazine’s list of the 100 most important individuals of the twentieth century in 1998.

Walton earned the Presidential Medal of Freedom from then-President George H. W. Bush in March 1992, only one month before his death, for his retail efforts.

From 1982 until 1988, Forbes ranked Sam Walton as the richest person in the United States, giving way to John Kluge in 1989 when the editors began to credit Walton’s fortune to him and his four children.

Walmart has operations in the United States as well as more than fifteen overseas markets, including Argentina, Brazil, and Mexico.