2007-03-20 02:46:33 · 13 answers · asked by preacher 1 in Politics & Government ➔ Other - Politics & Government
Sam Walton started it and then sold the stocks.. he's dead now but his wife and daughter are worth 18 billion a piece.
He sold all of his shares to every day people, and now very rich people, and ran with the money. Lucky for him, now if anything goes wrong, his family can't get sued. How do you sue the public?
Walmart is an entity of it's own now and you can have a piece of the action too if you buy some stock in it.
2007-03-20 02:55:31 · answer #1 · answered by TrixyLoo 5 · 0⤊ 1⤋
Wal mart is subject to the various governments where they do business. In that sense they are owned by governments.
Stock holders own Wal Mart only in the most tangential way. Wal Mart Management does what it wants and doesn't listen to stock holders. But, then, neither does any other public company.
Dividends, from all public companies are meager, and never reflect the companies true profits. Neither does the CEO's pay.
2007-03-20 09:59:25 · answer #2 · answered by smartrudman 3 · 0⤊ 0⤋
TrixyLoo--Sam Walton was "lucky"? He "ran" with the money?
So anyone that becomes a success and makes lots of money is "lucky"? Or they have run a scam and will "run with the money?
Do you think it possible that he worked for his success? Is it possible that he was smart enough ( we all go to school to make ourselves smarter right?) to make good decisions and create something from nothing and then make it a success? A success that not only stock holders enjoy, he has provided hundreds of thousands of jobs directly and indirectly. No one is forced to work there, or for small businesses all over the world that supply wal-mart.
Wal-Mart is a success story from every vantage point you can view it from.
The enviers of wealth, who can't create anything on their own hate that others do create wealth simply because they CAN'T.
That isn't a crime on Sam Walton's part...it is a crime on your part.
2007-03-20 10:22:38 · answer #3 · answered by cappi 3 · 1⤊ 0⤋
Wal-Mart is a publicly traded company and is owned by millions of shareholders. You may purchase Wal-Mart stock if you would like.
2007-03-20 09:50:55 · answer #4 · answered by Anonymous · 0⤊ 0⤋
No. people who own shares of Wal-Mart own Wal-Mart. Do you really think the government could run anything as efficiently as Wal-Mart is run?
2007-03-20 09:51:27 · answer #5 · answered by espreses@sbcglobal.net 6 · 2⤊ 0⤋
No, it is a publicly traded stock. You can buy shares and own a piece of the company yourself. It seems to be trading around 46.50 at the moment.
I would be interested in why you asked this question, i.e. what lead you to think it might be government owned?
2007-03-20 09:58:19 · answer #6 · answered by gimpalomg 7 · 0⤊ 0⤋
No. Walmart is a publicly traded company, and anyone can buy stock and become a part owner of the company.
The majority of stock is owned by the children of Sam Walton, the founder of walmart.
2007-03-20 09:53:35 · answer #7 · answered by Ricky T 6 · 0⤊ 0⤋
I'm in China, and WalMart has several stores open here. Which government do you mean? WalMart is a publicly traded company owned my its shareholders. You could own WalMart!
2007-03-20 10:03:20 · answer #8 · answered by Lone Papa 2 · 0⤊ 0⤋
No way, because if it did, everything would cost twice as much and there would be very limited selection.
2007-03-20 09:51:05 · answer #9 · answered by ML 5 · 2⤊ 0⤋
no the public does. you may buy in if you wish...common stock.
2007-03-20 09:48:58 · answer #10 · answered by daddio 7 · 0⤊ 0⤋