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
- Japan Stock Market Crash Leads To Global Sell Off | ZeroHedge
- And The Band Played On... | ZeroHedge
- Your Hedge Fund Hotels | iBankCoin.com
- Will It Be Inflation Or Deflation? The Answer May Surprise You | ZeroHedge
- Guest Post: What 9 Company Hedge Books Are Revealing About The Natural Gas Market | ZeroHedge
- Japan Has Officially Gone Insane | ZeroHedge
- Europe's Quantitative Easing | ZeroHedge
The most relevant financial news and articles from the Internets
- January Jones Says It's None Of Your Business Who Her Baby Daddy Is | Business Insider
- Virginia Town is Best Place in the U.S. to Raise Kids | BusinessWeek
- Women In A Poor West African Country Are Force-Feeding Themselves For Beauty's... | Business Insider
- INSTANT MBA: Most People Don't Know Themselves As Well As They... | Business Insider
- Stocks Fall on Signals of QE Tapering; Home Prices Rise | TheStreet.com
- Which Is America's Best City? | BusinessWeek
- Paramount's 'Ego And Failure' Made The 'Star Trek' Video Game A Massive Flop | Business Insider