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Sep 7, 2019

[Answer] How much money does the Walton family make every hour?

Step 1 : Introduction to the question "How much money does the Walton family make every hour?"



...1. $880,000 2. $2.5 million 3. $4 million 4. $11 million




Step 2 : Answer to the question "How much money does the Walton family make every hour?"



$4 million - Sam Walton opened his first Walmart store in Rogers, Arkansas, in 1962. He offered deep discounts in the belief that he'd make more money in the long run because this would enable him to sell a larger volume of goods, and he catered to small towns so that he did not have to compete with large retail stores like Sears. By 1974, he started purchasing smaller chains; by 1978, he laid the groundwork for modern supercenters by incorporating pharmacies, auto, and jewelry departments in his stores. Sam Walton died in 1992, but the company continued to expand at record rates and made his three surviving children — Jim, Alice, and Rob — amazingly rich. Collectively, the Walton family has over $160 billion and that number is constantly growing as they take in a staggering $4 million per hour, or nearly $100 million per day.:


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