Real-Life Santa Claus Gives Away $240 Million

A former CEO in Louisiana wouldn't budge on his one major requirement if he were to sell the family business.

Earlier this year, Graham Walker was fielding offers to sell Fibrebond, "the nation's leading manufacturer of complex electrical modules used in the data center, industrial, and utility sectors," according to the company's website. Walker's father founded the company in 1982 with only a dozen employees building shelters for telecom equipment.

In the decades since, the company nearly collapsed.