Find a Member:

1958 Horatio Alger Award Winner

Peter Volid*

Chairman of the Board
King Korn Trading Stamp Company

"I never feared hard work to get where I wanted to go."

Peter Volid was the son of poor immigrant parents. He started selling newspapers at the age of six. When he was 10, he worked as a Western Union messenger boy in Chicago's Loop district. At 15, he quit school so that he could make more money to help support his family. His first job was as an errand boy in a food plant, and as a clerk in a grocery store. After four years, he became a salesman for the Brillo Company and eventually was made sales manager. He saved enough money to go into business for himself, founding the Fireside Marshmallow Company. When he had built the firm into the second largest of its kind, he sold his interests and retired. However, he soon became restless and started the King Korn stamp venture, which turned into a multimillion-dollar business. He was also national chairman of the Supermarket Division of the Muscular Dystrophy Association of America.

* Deceased