The Walmart Heirs Are Worth More Than Everyone in Your City Combined

By:  Josh Harkinson

Everybody knows that middle-class incomes have stagnated while those of the richest Americans have skyrocketed, but the trend is even more pronounced when you look at the relative fortunes of the super-duper rich. Consider the Walmart heirs: Since 1983, their net worth has increased a staggering 6,700 percent. According to a report released today by the union-backed Economic Policy Institute, here's how many American families earning the median income it would have taken to match the Waltons' wealth in a given year:

In 1983, the Walton family's net worth was $2.15 billion, equivalent to the net worth of 61,992 average American families, about the population* of...

Peoria, Arizona Hanroanu/Flickr
 
 

In 1989, the Walton family's net worth was $9.42 billion, equivalent to the net worth of 200,434 average American families, about the population of...

Albuquerque, New Mexico Len "Doc" Radin/Flickr

 

In 1992, the Walton family's net worth was $23.8 billion, equivalent to the net worth of 536,631 average American families, about the population of...

San Antonio. Texas Wells Dunbar/Flickr