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The Walton family owns 40% of Walmart’s stock, and together are worth $90 billion. . The Walton family’s net-worth is greater than that of Bill Gates and Warren Buffet combined. The Walton family makes an average of $880 million / year just off the dividends from their Walmart stock.
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The Walton family owns 40% of Walmart’s stock, and together are worth $90 billion.
The Walton family’s net-worth is greater than that of Bill Gates and Warren Buffet combined.
The Walton family makes an average of $880 million / year just off the dividends from their Walmart stock.
In 2008, the Walton family’s stock holdings in Walmart increased in value by $35 billion.
With the money theWalton’s made off the increase of their stock value in 2008 alone, every Walmart employee could have been given a $11 / hour raise that year.
Walmart / Sam’s Club employees make an average of $10.86 / hour, while Costco pays its employees an average of $17 / hour.
Walmart CEO in 2008 made $31 million. It would take the average Walmart full time employee 1,646 years to make that.
Current CEO of Walmart makes more in 2 hours than the average full-time Walmart employee makes in 1 year.
While Walmart / Sam’s Club CEO makes $20 million / year, Costco’s CEO only takes home $350 thousand. That’s one reason Costco can pay its workers better.
U.C. – Berkley study in 2006 said it would only cost Walmart shoppers an average of $9.70 / year in extra costs if Walmart raised its Min. Wage of $10 / hour.
Walmart is currently trying to fight the largest class action lawsuit in U.S. history because of allegations that it discriminates against its female employees.
Walmart pays workers in Bangladesh on $0.01 / pair of jeans sewn so that it can sell them for $8 / pair in Chicago.
Walmart intentionally relies on part-time employees in order to avoid paying for health benefits. In recent years, it has shifted from 20% to over 40% part-time employees.
46% of Walmart’s employees have children on Medicaid because Walmart has terrible health benefits.