Posted 5 years ago on March 18, 2012, 2:13 a.m. EST by EndGluttony
This content is user submitted and not an official statement
Okay, I did a little math and I wanted to share it with whoever might read this. Christy Walton is the 4th richest person in America and the 12th richest person in the world. She inherited this ludicrous fortune from her deceased husband John T. Walton, the son of Sam Walton. So I guess she inherited an inheritance? Anyway, on Wikipedia they refer to Christy as a PHILANTHROPIST because:
"Between 2002 and 2006, she contributed $3.5 million from her then $16.3 billion net worth towards philanthropic efforts."
So here's the math:
3.5 million is 0.2147239263803681% of 16.3 billion. Thus her "philanthropy" is the equivalent of a person with $100,000 generously parting with 214 bucks. Would you call the person donating 214 bucks a philanthropist? If they worked for Walmart you might, since that is ONE WEEK'S PAY. The average take home pay of Walmart employees is under $250 a week.
"The salary for full-time employees (called "associates") is $6 to $7.50 an hour for 28-40 hours a week. This pay scale places employees with families below the poverty line, with the majority of employees' children qualifying for free lunch at school. When closely examined, this amounts to a form of corporate welfare, as the taxpayer subsidizes the low salaries."
In other words, if Christy Walton really wants to be a fucking philanthropist she should pay her goddamn employees a decent wage, not to mention all of the peripheral industries Walmart negatively influences. Christy Walton is not a philanthropist, she is a money hoarder, money she did not earn, money that should be distributed to the many employees Christy Walton rides the backs of. Christy Walton is complicit in evil, thus Christy Walton is evil.
By the way, between 2006 and 2010 Christy's net worth increased from 16 billion to 24 billion. In other words it appears that Chisty is throwing 2 billion per year more on her pile of undeserved wealth. What a philanthropist.