Leon Levine, Who Made a Billion One Dollar at a Time, Dies at 85
Leon Levine, the founder of Family Dollar, a chain retailer that shaped the daily lives of the nation’s poor, died on April 5 at his home in Charlotte, NC He was 85.
His son, Howard, confirmed the death but did not specify a cause.
In 1959, with $3,000 of his own money and $3,000 from a partner, Mr. Levine opened the first Family Dollar on Central Avenue in Charlotte.
In 2015, a competitor, Dollar Tree, acquired Family Dollar for nearly $9 billion in cash and stocks. That year, Mr. Levine’s family fortune amounted to $1.4 billion, according to Forbes. Howard…
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