Is the Walmart family wealthier than 40 percent of the United States?
By Molly Moorhead
Published on Tuesday, July 31st, 2012 at 3:20 p.m.
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?
See fact-check for complete sources.
Researchers: Molly Moorhead
Names in this article: Bernie Sanders
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