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And all that revenue has meant a major payoff for the company's founding family. Forbes estimated that the Waltons were collectively worth over $155 billion as of March — that puts them just behind Amazon founder Jeff Bezos.
Walmart currently employs around 2.2 million associates across the globe. According to US Census data from 2017, more people work at Walmart than live in Phoenix, Arizona.
The Washington Post found that the average Walmart associate "earns less in a year than the Walton family earns in a minute just from dividends paid on the family’s stock holdings" — a fact which Sen. Bernie Sanders has blasted as indicative of rampant income inequality.
On the technology front, Walmart just announced its intention to unleash an army of robots into is US stores, including 1,500 floor cleaners, 300 shelf-scanners, 1,200 conveyor belts, and 900 pickup towers.
And the company has also made inroads with digital-native brands. Walmart's acquired 12 different online brands since 2010, from clothing retailer ModCloth to Amazon rival Jet.com.
