15 Massive Companies That Started Off As Family Businesses


Image Source: Corporate.walmart.com

Sam Walton, the founder of Wal-Mart, opened his first discount store in the 1940s with the financial help of a loan from his father-in-law. He and his brother operated stores belonging to other chains before Walton opened his first Wal-Mart branded store in the early 1960s. Although now a publically listed company, Walton’s descendants are understood to be major shareholders.