Alice Walton Biography
Alice Louise Walton is an heiress to the fortune of Walmart Inc. She is the daughter of Walmart founder Sam Walton and Helen Walton, and sister of S. Robson Walton, Jim Walton and the late John T. Walton. As of May 2018, Walton had a net worth of $42.5 billion, making her the wealthiest woman in the world with Françoise Bettencourt Meyers, following as the 18th-richest person in the world.
Alice Walton Age
Alice Louise Walton was born as Alice Louise Walton,on 7 October 1949 in Newport, Arkansas, United States. She is 69 years old as of 2018.
Alice Walton Family
She had brother John T. Walton,who died in a 2005 plane crash, and is survived by his wife Christy Walton. She is a first cousin of Ann Walton Kroenke, Nancy Walton Laurie, and Sybil Robson Orr. Her two brothers, Rob Walton and Jim Walton, still survive.
Sam Walton was her father, Helen Walton was her mother, and James “Bud” Walton was her uncle.
Alice Walton Spouse
In 1974, at the age of 24, Walton was first married to a prominent Louisiana investment banker, but the two were divorced two and a half years later. According to Forbes magazine, Walton “remarried soon after – to the contractor who built her swimming pool, but they too quickly divorced.”
Alice Walton Career
Walton was an equity analyst and money manager for First Commerce Corporation and headed investment activities at Arvest Bank Group during her early career. She was also a broker for EF Hutton. In 1988, Walton founded Llama Company, an investment bank, where she was president, chairwoman and CEO. Walton was the first person to chair the Northwest Arkansas Council and played a major role in the development of the Northwest Arkansas Regional Airport, which opened in 1998. At the time, the business and civic leaders of Northwest Arkansas Council found a need for the $109 million regional airport in their corner of the state. Walton provided $15 million in initial funding for construction. Her company, Llama Company, underwrote a $79.5 million bond. The Northwest Arkansas Regional Airport Authority recognized Walton’s contributions to the creation of the airport and named the terminal the Alice L. Walton Terminal Building. She was inducted into the Arkansas Aviation Hall of Fame in 2001. In the late 1990s, Llama Co. closed and, in 1998, Walton moved to a ranch in Millsap, Texas, named Walton’s Rocking W Ranch. An avid horse-lover, she was known for having an eye for determining which 2-month-olds would grow to be champion cutters. Walton listed the farm for sale in 2015 and moved to Fort Worth, Texas, citing the need to focus on the Crystal Bridges Museum of American Art, the Bentonville, Arkansas, art museum she founded that opened in 2011. In his 1992 autobiography Made in America, Sam Walton remarked that Alice was “the most like me a maverick but even more volatile than I am.”
Alice Walton Net Worth
In September 2016, she was reported to own over US$11 billion in Walmart shares.
Alice Walton Horses
Alice Walton News|Alice Walton Richest Woman
Trinity University grad Alice Walton is no longer the richest woman in the world
Alice Walton, daughter of Walmart founder Sam Walton, waits onstage during the annual Walmart shareholders meeting event on June 1, 2018 in Fayetteville, Arkansas. This week Forbes released their billionaire
More than 200 women make up Forbes’ 2019 billionaire rankings and though a former San Antonio college student sits pretty high up on the list, she was toppled from her No. 1 spot.
Alice Walton was the richest woman in the world in 2018, but lost her title to L’Oreal heiress Francoise Bettencourt Meyer in the new list published Tuesday. Before that, the only daughter of Walmart founder Sam Walton alternated spots in the mega-rich rankings.
Walton, who has a total net worth of $44.4 billion, according to Forbes, was a business administration student at Trinity University.
The 69-year-old secured the 2018 richest woman spot last year after Liliane Bettencourt, Francoise Bettencourt Meyer’s mother, died in September 2017.
The Walmart heiress dropped from the 16th richest person overall in the world to the 17th this year.
Alice Walton is the richest person in Texas, according to the Forbes 2018 list.
Adopted from www.mysanantonio.com/
Alice Walton Twitter
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