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:
The wealth of the Walton family, the owners of Walmart, increased more than 9,000% since 1982.
Walmart still doesn’t pay their workers a living wage.
This is what a rigged economy is all about.
— Bernie Sanders (@SenSanders) October 31, 2018
” The wealth of the Walton family, the owners of Walmart, increased more than 9,000% since 1982.” An official Sanders’ page on senate.gov cited that mentioned mentioned a different number before ” Since 1982, the wealth of the Walton family has increased about 10,000 percent”
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”