walgreens net worth
Social and Economic Impact. When Walgreen Jr., at the age of 33, succeeded his father in 1939, there were 494 stores in 215 cities in 37 states, with about 12,000 employees. Earnings grew from $439,110 in 1924 to $2.9 million in 1939, and the net worth grew from $85,700 in 1916 to $24.2 million in 1939. He joined the company in 1925 at the age of 19 as a drug apprentice. Under Walgreen Jr., the chain crossed the U.S. border and ventured into Mexico and Puerto Rico.