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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forumsthis is Rob Walton....
Americas Wealthiest Family Uses Phony Philanthropy to Increase Personal Wealth
Americas richest family contributes almost none of their personal wealth to the familys charity, according to a new report by the Walmart 1 Percent.
The Waltons are the wealthiest family in the United States and control a majority of shares in Walmart. Six members of the family are among the 85 wealthiest individuals in the world, a group whose wealth is greater than half of the worlds population.
While other extremely wealthy philanthropists, such as Bill Gates and Warren Buffet, contribute over 25 percent of their net worth to their charitable efforts, members of the Walton family have given less than 0.04 percent to their family foundation. Meanwhile, according to The Chronicle of Philanthropy, ordinary middle-income Americans contribute six percent of their income to charity.
more @ link: http://www.jwj.org/americas-wealthiest-family-uses-phony-philanthropy-to-increase-personal-wealth
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this is Rob Walton.... (Original Post)
mike_c
Jun 2014
OP
nadinbrzezinski
(154,021 posts)1. And that is just in the US
They use it to hide taxes in Mexico too
randys1
(16,286 posts)2. And that we have not seized his company and fortune, is why we deserve what we have
That we allow this ultimate example of failed trickle down to literally kill Americans and people all over the world, then it is WE who are guilty of employing children to make garments for $2 a day or destroying entire communities in USA as they have done
GeorgeGist
(25,321 posts)3. Simply obscene.
Ikonoklast
(23,973 posts)4. What do you expect from a guy that commissioned a one-off custom model Ferrari...made out of gold.
Not gold paint, the thing was actually made out of gold.