eolesen
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- Jul 23, 2003
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What's funny about all the hand wringing over what the Waltons get...
If they got nothing, it would amount to a $160 every two weeks for every employee worldwide. In other words, the margins really aren't all that fat.
But that still begs the question why people don't think the owners should share in the profits of a company their family built literally from nothing?
In the case of the Waltons, they're getting 2.1% of sales. I don't know too many people who'd be satisfied with a 2% rate of return on their investments.
If they got nothing, it would amount to a $160 every two weeks for every employee worldwide. In other words, the margins really aren't all that fat.
But that still begs the question why people don't think the owners should share in the profits of a company their family built literally from nothing?
In the case of the Waltons, they're getting 2.1% of sales. I don't know too many people who'd be satisfied with a 2% rate of return on their investments.