Alice Walton Net Worth is$26 Billion
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Profession: Philanthropist
Date of Birth: Oct 7, 1949
Country: United States of America
Alice Walton, daughter of Sam Walton, the founder of Wal-Mart, has a net worth of $26 billion. Alice Walton is a board member of Amon Carter Museum and heiress to the Walmart fortune. She was born in 1949 and now resides in Fort Worth, Texas, U.S. Her impressive net worth, accumulated largely through Wal-Mart's monolithic success in retail, makes her the 8th richest person in America. She began a career in finance with the First Commerce Corporation based in her native Texas, and has held jobs with numerous financial firms since then. Alice Walton is also a well-known political contributor; having provided funding for various conservative organizations such as Progress for America, which among other things ran numerous television advertisements in favor of President George W. Bush's Iraq invasion. She has also earned a reputation as an art collector, and is a member of the Trustees' Council at the National Gallery of Art, housed in Washington, DC. Walton's personal life has been the subject of some controversy, particularly her numerous mishaps on the road. It's public knowledge that she has been involved in at least three incidents involving her driving an automobile, most recently in 2010, when she was arrested on the charge of driving while intoxicated after celebrating her 62nd birthday. Her most serious offense on the road, however, was an incident in 1989, when she struck and killed a 50-year-old pedestrian. However, no charges were filed. Other Walton Family Net Worths: Christy Walton Net Worth Jim Walton Net Worth
Alice Louise Walton (born October 7, 1949 in Newport, Arkansas) is an American heiress to the Wal-Mart fortune. She is the daughter of Wal-Mart founder Sam Walton and Helen Walton, and sister of S. Robson Walton and Jim Walton. Another brother, John T. Walton, died in a 2005 plane crash. In September 2011, her estimated net worth was US $26 billion, making her the tenth richest American.
Walton graduated from Trinity University in San Antonio, Texas, with a B.A. in economics and finance. She began her career in finance as an equity analyst and money manager for First Commerce Corporation and later served as vice chairperson and head of all investment-related activities at the Arvest Bank Group. In 1988, Walton founded Llama Company, an investment bank engaged in corporate finance, public and structured finance, real estate finance and sales and trading. She served as President, Chairperson and CEO. For a time, she was a broker for E.F. Hutton.
She was the first chairperson and driving force behind the Northwest Arkansas Council. This community development organization played a major role in securing the development of the Northwest Arkansas Regional Airport. In the late 1990s Walton closed Llama Company and moved to a 3,200 acre ranch in Millsap, Texas, named the Rocking W Ranch. An avid horse-lover, Walton currently lives in a modest one story 4,432 square foot stucco house on the horse ranch. She is known for having an eye for determining which 2 month-olds will grow to be champion cutters.
Walton arranged for and provided the initial seed capital to finance the construction of the airport. Her involvement was instrumental in the creation of the airport, and in recognition of her contribution to the airport project and her support of transportation improvements throughout the region, the Airport Authority Board of Directors named the airport terminal the Alice L. Walton Terminal Building. In 2001, Walton was inducted into the Arkansas Aviation Hall of Fam

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Alice Walton Latest News

Pro-charter school Walmart heirs jump in Chicago mayoral, aldermanic contests

direct political contributions from individual Walton family members to the INCS PACs are continuing at robust levels. •Alice Walton, the daughter of Helen and Sam Walton, has donated almost $1.4 mill...
Posted: December 26, 2018, 3:02 am

Charter school backing for Villaraigosa's gubernatorial bid grows

These contributions came on top of a $7 million contribution by Reed Hastings, the founder and CEO of Netflix, $1 million from Richard Riordan, another former LA mayor, and $750,000 this week from Ali...
Posted: April 26, 2018, 7:09 pm

Museum Boards Have Struggled to Diversify. A $4 Million Gift to the American Alliance of Museums Aims to Help

Now, a $4 million gift from the Andrew W. Mellon Foundation, the Alice L. Walton Foundation, and the Ford Foundation aims to change that. The American Alliance of Museums (AAM) has received the ...
Posted: January 16, 2019, 8:01 am
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