They own a 50% stake in Walmart, which paid out $3 billion in dividends last year.
In the hour that it takes a new Walmart employee to earn the $11 starting wage, the family that owns the retail giant has banked $4 million.
The report breaks that out to the Walton fortune increasing by an eye-watering $70,000 per minute, $4 million per hour or $100 million per day.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
https://people.comGet the latest news about celebrities, royals, music, TV, and real people. Find exclusive content, including photos and videos, on PEOPLE.com.
Read more »
Billionaires Pocket $100 Million Dividend As Ordinary Investors Remain Locked In U.K.’s Worst ‘Dog Fund’British billionaires Peter Hargreaves and Stephen Lansdown will pocket a $100 million dividend payday—despite thousands of investors having their life savings locked in a fund heavily promoted by the Bristol-based stockbroker by DavidGDawkins
Read more »
OMG, There's A 'Friends' LEGO Set And Every Single Detail Is Spot-OnCould this Lego set BE any more perfect?!
Read more »
Brazilian President Jai Bolsonaro's plan to save the environment: 'Pooping every other day''It's enough to eat a little less,' said President Jair Bolsonaro, addressing a reporter's question about environmental pollution.
Read more »
The First Time: Pro Surfer Coco Ho.coco_ho shares the first time she learned to surf and more in our new episode of 'The First Time.' Watch more here: WSL
Read more »