Fact check: Bernie Sanders' claim about wealth of the Walton family

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U.S. Senator Bernie Sanders of Vermont wrote a tweet about the wealth of Walton family and the payment paid to wall mart workers, he claimed the following:

Claim:

” The wealth of the Walton family, the owners of Walmart, increased more than 9,000% since 1982.”

Fact Check: Mostly True! 

The report issued by inequality.org, a project  by Institute for policy studies, found that ” The dynastic wealth of the Walton family grew from $690 million in 1982 (or $1.81 billion in 2018 dollars) to $169.7 billion in 2018, a mind-numbing increase of 9,257 percent”

 

Sanders’ page on senate.gov  cited that ” Since 1982, the wealth of the Walton family has increased about 10,000 percent”

 

 

 

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