Alice Walton net worth
Current Net Worth – $58.7 Billion (USD – 5,870 Crores), (Rupees – 4.54 Lakh Crores)
| Net Worth | $58.7 Billion |
|---|---|
| Born | October 7, 1949 (Age – 72) |
| Identified as | American Heiress |
| Status | Heir to Walmart’s fortune |
| Education | Trinity University, Bachelor of Arts/Science |
| Nationality | United States |
| Residence | Fort Worth, Texas |
| Spousal status | Divorced |
| Children | N/A |
Alice Louise Walton has a net worth of $58.7 Billion (Rupees – 4,54,939 Crores), making her one of the richest women in the world after Zhong Shanshan, Carlos Slim Helu, and Jim Walton.
Sam Walton’s only daughter, Alice Walton, is the CEO of Walmart and had nearly $11 billion in Walmart stock as of September 2016.
She is the heiress to Walmart’s fortune in the United States.
Rather than working at Walmart like her brothers, Rob and Jim, she has focused on curating art.
Walton has a net worth of $61.0 billion as of May 27, 2021, making her the world’s 20th richest person and the second richest woman, according to the Bloomberg Billionaires Index.
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Alice Walton biography
| Full Name | Alice Louise Walton |
| Birthplace | Newport, Arkansas, U.S. |
| Height | 5.5 feet, 167 cm |
| Weight | 65 Kg |
| Father | Sam Walton |
| Mother | Helen Walton |
Alice Walton was born on October 7, 1949, in the Arkansas town of Newport.
She grew up in Bentonville, Arkansas, with her three brothers.
Walton and her mother used to go camping and paint watercolors.
In her hometown of Bentonville, Arkansas, she founded the Crystal Bridges Museum of American Art in 2011.
Education
She graduated from Bentonville High School in 1966. She earned a B.A. in economics from Trinity University in San Antonio, Texas.
Career
Walton worked for First Commerce Corporation as a stock analyst and money manager.
Then at Arvest Bank Group as the head of investment activities.
Walton created Llama Company, an investment bank, in 1988, and served as its president, chairperson, and CEO.
Walton contributed $15 million to the project’s start-up costs. Llama Firm, her company, underwrote a bond for $79.5 million.
Llama Co. dissolved in the late 1990s, and Walton moved to Walton’s Rocking W Ranch near Millsap, Texas, in 1998.
In the 2004 U.S. presidential election, Alice Walton was the 20th-largest individual contributor to 527 organizations, contributing US$2.6 million to the conservative Progress for America group.
In 2015, Walton put the farm up for sale and relocated to Fort Worth, Texas.
Private & early life
At the age of 24, Walton married a renowned Louisiana investment banker, but the couple divorced 2.5 years later.
She married “the contractor who built her swimming pool” soon after, according to Forbes, but they, too, divorced abruptly.
During a 1983 Thanksgiving family reunion in Acapulco, she lost control of a rented Jeep and crashed into a canyon, shattering her leg.
She struck and killed Oleta Hardin, 50, who had walked onto a road in Fayetteville, Arkansas, in April 1989.
In 1998, while driving under the influence of alcohol, she collided with a gas meter. She was fined $925.
Walton bought art from Daniel Fraad and Rita Fraad’s collection at Sotheby’s in New York in December 2004.
In 2005, in a sealed-bid auction, Walton allegedly paid US$35 million for Asher Brown Durand’s renowned artwork, Kindred Spirits.
Walton’s effort to quit smoking prompted her to acquire a painting by Alfred Maurer that is evocative of a work by John Singer Sargent depicting a full-length lady smoking.
Net worth statistics
- October 2016 – $35.4 B
- March 2017 – $33.8 B
- October 2017 – $38.2 B
- March 2018 – $46.0 B
- October 2018 – $44.9 B
- March 2019 – $44.4 B
- October 2019 – $51.4 B
- April 2020 – $54.4 B
- September 2020 – $62.3 B
- April 2021 – $61.8 B
- April 2022 – $65.3 B
Alice Walton Quote
“One of the great responsibilities that I have is to manage my assets wisely so that they create value.”
– Alice Walton
