India, Sept. 29 -- A businessman from a small town in Louisiana, United States, became a billionaire when he sold his family business last year. But what he did next would be remembered by his employees for the rest of their lives.

Graham Walker ensured that his employees received a cut of the money he earned from selling his family business. He distributed $240 million (approx about Rs.2,305 crore as per current exchange rate) among 540 members of his staff.

Walker sold his family's company, Fibrebond, last year for approximately $1.7 billion, according to the Wall Street Journal. However, his condition for the prospective buyer was that his employees would receive 15 per cent of the acquisition proceeds.

Graham Walker told WSJ that h...