World

At Wal-Mart a Microcosm of U.S. Inequalities: Jeffrey Goldberg

Dec. 20 (Bloomberg) -- Last week, in a column about the new billion-dollar Crystal Bridges Museum of American Art in Bentonville, Arkansas, I mentioned an economist’s estimate that the heirs of Sam Walton, the founder of Wal-Mart Stores Inc., are collectively worth about the same as the bottom 30 percent of all Americans. Alice Walton, who founded the museum, is herself worth about $21 billion.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.