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$4.7 billion
- After deducting $1.3 billion of his assets that have been frozen, Forbes estimates his net worth at $4.7 billion.
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How many Dollar General Stores did JL Turner & Son have?
How old was James Turner when he died?
Who is JL Turner & Son?
Who was JL Turner?
James Luther "J.L." Turner (February 28, 1891 - April 19, 1964) was an American businessperson. He was the founder of J.L. Turner and Son, the predecessor of Dollar General.
- Businessman
- James Luther Turner, February 28, 1891, Macon County, Tennessee, U.S.
- Josephine Marcum Turner
- Dollie Turner, Harley Turner, Cal Turner
In October 1939, James and Cal opened J.L. Turner and Son with an initial investment of $5,000 each (equivalent to $109522 in 2023). The switch to retailing resulted in annual sales above $2 million by the early 1950s.
- October 1939; 84 years ago (as J.L. Turner and Son), June 1955; 68 years ago (as Dollar General)
- Goodlettsville, Tennessee, United States
- 158,000 (2022)
- US$34.220 Billion (Fiscal Year Ended January 28, 2022)
Mar 19, 2019 · J.L. Turner and Son, as it was called then (James Luther Turner was my grandfather), had 36 retail stores, generally partnerships with local merchants, in small Kentucky and Tennessee towns. The business, headquartered in Scottsville, Kentucky, was grossing about $2 million annually, and my dad was always looking for ways to grow.
- Nathaniel Luce
Nov 19, 2018 · J.L. Turner and Son, as it was called then (James Luther Turner was my grandfather), had 36 retail stores, generally partnerships with local merchants, in small Kentucky and Tennessee towns. The business, headquartered in Scottsville, Kentucky, was grossing about $2 million annually, and my dad was always looking for ways to grow.
Apr 12, 2018 · When he became CEO, Dollar General consisted of 150 stores worth $40 million . Now, the company has more than 14,600 stores worth $23.5 billion.
Mar 21, 2018 · Living on $125 of the $225 he earned monthly from Neely Harwell, Luther used the rest to open Turner’s Bargain Store on South Court Street.
Jun 29, 2020 · In 1939, James Luther Turner’s only child, Hurley Calister Turner, known as Cal Sr., bought a building in Scottsville to serve as the warehouse for a new wholesale business, J. L. Turner...