Other notable deaths

Other notable deaths

February 02, 2007

CHARLES CATE, 68 Grew rich on Wal-Mart stock

Charles R. Cate, a manager of one of the first Wal-Mart stores whose $1,000 purchase of company stock in the 1960s made him rich, died of cancer Monday in Springdale, Ark. He retired from the Bentonville, Ark.-based company in 1981 at age 43, after joining it as a teenager. He managed one of the original Wal-Mart stores during a 27-year career. Mr. Cate's fortune was estimated at $100 million.

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