Wal-Mart Rich Adds up to Bottom Half of America
Wal-Mart (WMT) shares are still trading near their all time high and today hit a new 52-week high. To celebrate the heirs to the largest retailer on the planet can buy you and your family and just about everyone else in America.
Dig this, the 6 heirs to Wal-Mart, the Walton family have more money than the bottom 42% of American families. In 2010 the Walton family was worth $89.5 billion, that was the same figure for the bottom 42% of U.S. families combined. Keep in mind Wal-Mart (WMT) shares were in the $50 range in 2010, today they are in the low $70 range.
Wal-Mart is crazy rich and if you want to make yourself feel more miserable and poor, continue to read about them here.
Behold the greatness that is Wal-Mart (WMT)
Best of the Blogs
Scanning and identifying the best blog entries every hour
- The End Of QE3, Trouble Ahead For The Bulls? | ZeroHedge
- China, Europe & Earnings at Home | Financial Sense
- It’s a green back for a reason!! | ZeroHedge
- Friday Humor: Windows 10 | ZeroHedge
- Universities Feel the Gales of Creative Destruction | Financial Sense
- Van Hoisington And The Fed's Bubble: "Overtrading" And "Discredit" Always End In "Revulsion" | ZeroHedge
- Caption Contest: "No Tongues" Edition | ZeroHedge
The most relevant financial news and articles from the Internets
- REPORT: JP Morgan Knew That Something Was Off About Hiring In China | Business Insider
- Trailblazers Guard Damian Lillard Explains Why He Never... | Business Insider
- Slack Defends Facebook Rooms, Says Their Apps Are Not The... | Business Insider
- THE PROGRAMMATIC ADVERTISING REPORT: Mobile, Video, And Real-Time Bidding Will... | Business Insider
- Australian Doctors Transplant 'Dead'... | Business Insider
- Chairman Of Supermarket Giant Tesco Quits Amid Profit Fiasco (TSCO) | Business Insider
- 10 Things You Need To Know Before The Opening Bell | Business Insider