Alice Walton’s net worth is around $66.4 billion. She is the 15th wealthiest person, making her the first richest woman in the United States and second richest in the world. She is the inheritor of Walmart.
Alice Louise Walton, better known as Alice Louise, was born On October 7, 1949, in Newport, Arkansas, USA.
The billionaire grew up along with her three brothers in Bentonville, Arkansas.
Alice Walton graduated from Bentonville High School in 1966 and had a B.A. major in finances from Trinity University in San Antonio, Texas.
Similarly, the Walton Family Foundation selected Alice Walton as the organization administrator and is the Alice L. Walton Foundation originator.
Moreover, she is also a founding member of Crystal Bridges Museum of American Art in Bentonville, Arkansas, in 2011.
She has also provided services as chairwoman of the Museum’s Board.
Here are some quick facts of one of the wealthiest person in the world, Alice Walton:
|Full name||Alice Louise Walton|
|Celebrated name||Alice Walton|
|Date of birth||7th October 1949|
|Birthplace||Newport, Arkansas, United States|
|Age||71 Years Old|
|Highschool||Bentonville High School|
|Father’s name||Sam Walton|
|Mother’s name||Helen Robson Walton|
|Height||5′ 8″ (172 cm)|
|Weight||132 lbs (60 Kg)|
|Siblings||Brothers; Jim Carr Walton, John Thomas Walton, Samuel Robson Walton|
|Monthly Salary||$250 Million|
|Net Worth||$66.4 billion|
|Walmart’s Merch||Walmart: Diary of an Associate, Hat, Pixar Cars|
Alice Walton: Net Worth And Salary
An inheritor of Walmart, Alice Walton, has a net worth of approximately $66.4 Billion.
Further, she is the 15th wealthiest person in the world. She is the richest woman in the USA and the second richest in the world.
After Alice Walton’s father passed out, she got her 13% share, $11 billion, making her one of the board members of the family business.
Similarly, Alice Walton earns more than anyone could ever imagine. She has a monthly salary of $250 Million.
Alice Walton: House And Cars
Alice Walton does not like to share much about her personal life.
She has built a wall between her personal and professional life. Though, there is some information available about her houses, cars, and yacht.
Alice Walton: House
In late 1900, Alice Walton lived on 3200 acres of the forest estate, known as Walton’s Rocking W Ranch.
Further, the total cost of Rocking W Ranch is $16.5 million. Alice Walton is a nature-loving person, so she spends most of her time in her forest house.
In 2014, Alice Walton bought a bunkhouse worth $25 Million in New York City.
Alice Walton is not much into cars, but she only owns a 2006 Ford F-150, which cost around $38 thousand.
However, the billionaire changes the interior and exterior of the vehicles, and the exterior looks like an average modern truck, but the interior seems luxurious.
Alice Walton: Yacht
Walton’s family also owned a yacht, but the ship was put for sale in 2011. In December 2014, the boat was finally sold for $150 million.
Alice Walton: Charity and Political Contributions
Alice Walton loves to do charities. She loves helping or funding different charitable organizations.
Moreover, she once donated $3.7 million to the Walton Family holding trust.
Similarly, in 2017, Alice established a non-profit organization called Art Bridges that collaborates with all institutes to give practical approaches to art via projects.
The Walton Family Foundation has helped in K-12 education, economic growth, and environmental expansion in the locality.
Further, the foundation also provides 60 different venture varieties for children, including the social, economic, and racial framework, and offers the scholarship to the age group of 7-17.
Alice Walton has also helped in building the Northwest Arkansas Regional Airport.
Further, she offered not only $15 million but also assisted throughout the completion of the project by capitalizing $79.5 million.
Alice Walton: Political Contributions
Alice Walton not only donates to social causes but also to political causes.
Moreover, she was the 20th biggest independent donor to the 527 board in the US presidential election 2004.
Similarly, Alice Walton has donated $2.6 Million to the traditional development group of America.
Besides this, she also provided $200,000 to Restore Our Future, the super PAC associated with Mitt Romney’s presidential campaign in January 2012.
Similarly, in 2016, Alice Walton handed out $353,400 to the Hillary Victory Fund, a joint mobilizing chamber holding up Clinton and other Democrats.
Moreover, Alice Walton and her brothers granted $407 million in Walmart shares to a Family Trust, which helps the economic problem of society.
Alice Walton: Career
After completing her graduation, Alice Walton started working in Walmart, which does not work well.
However, she left the job and started working as a financial annotator and economic administrator for First Commerce Corporation.
Moreover, after resigning from First Commerce Corporation, she worked for many companies which her family-owned.
But in between the 1980s, Alice Walton came back to Arkansas and got interested in her family business and started helping her family.
Similarly, in 1988, Alice Walton inaugurated an investment bank known as Llama Company. Llama company assisted for ten years and closed in 1998.
Alice Walton used to live in Texas to take care of horses.
However, in the 2000s, she came back to Bentonville to accumulating a section of art.
Alice, later on, established Crystal Bridges Museum of American Art to exhibit American Art.
In 2015, the billionaire sold her ranch and moved to Fort Worth, Texas.
For more acknowledgment of Crystal Bridges, She left her home in Texas and move nearer to crystal Bridges.
Alice Walton: Lifestyles and Arts
Alice Walton also has an interest in Art. Arts and painting make her feel mesmerized.
During Alice Walton’s childhood, along with her mother, she used to watercolor on campings.
Similarly, Alice Walton even has hobbies in purchasing crafts and showcasing them. In 2005, Alice Walton bought a painting for $35 million.
Alice Walton has bought a lot of paintings from different painters throughout her life. Some of the arts she purchased in her life are:
- The collection of Rita Fraad and Daniel Fraad at Sotheby’s, in New York.
- American painters Winslow Homer and Edward Hopper and Charles Willson Peale’s portrait of George Washington.
- For $4.9 million “Rosie the Riveter” of Norman Rockwell.
- Painting of a full-length woman smoking by John Singer Sargent by Alfred Maurer.
- Tom Wesselmann’s entitled “Smoker #9”.
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Alice Walton, being a multi-billionaire, does not have everyday lifestyles like ordinary people.
Similarly, Alice Walton takes a private jet for the meetings. Regular cheap flights make her brooding.
Alice Walton also loves to wear fashionable clothes and always seen her with a waving twang, brown eyes framed by her trademark purple eyeglasses.
Alice Walton: Fun Facts
- While Clinton was serving as the first lady of Arkansas, she first met Alice Walton.
- Alice Walton was ten years old when she bought her first piece of art, Picasso’s Blue Nude.
- At the age of 24, Alice married to prominent Louisiana investment banker but got divorced after two and a half years.
“One of the great responsibilities that I have is to manage my assets wisely so that they create value.”
“I know the price of lettuce. You need to understand price and value. You buy the best lettuce you can at the best price you can.”
“There is a lot that horses and art share in common. I have found that most horse people are art lovers and vice versa.”
”You can make a lot of mistakes and still recover if you run an efficient operation. Or you can be brilliant and still go out of business if you’re too inefficient.”
How much Alice Walton earn in a day?
Alice Walton makes $8.22 million per day.
What museum did Alice Walton establish in 2011?
In 2011, Alice Walton established the Crystal Bridges Museum of American Art.