Sunday, September 21st, 2014

Is the Walmart family wealthier than 40 percent of the United States?

The Walmart home office in Bentonville, Ark. (AP photo)
The Walmart home office in Bentonville, Ark. (AP photo)

Vermont Sen. Bernie Sanders, an independent who caucuses with Democrats, tweeted a startling statistic to his followers on July 22, 2012: "Today the Walton family of Walmart own more wealth than the bottom 40 percent of America."

Sanders speaks and writes frequently about wealth distribution in the U.S., a hot-button issue among liberals and a rallying cry of the Occupy Wall Street Movement.

The Waltons, of course, are members of the proverbial 1 percent. But are they really sitting on that much wealth?

We decided to fact-check Sanders claim and rated his statement True. Read our complete analysis.