Alice Walton Bio | Wiki
Alice Walton ( Full Name: Alice Louise Walton) is a popular American philanthropist who is the only daughter of Walmart founder Sam Walton. She has concentrated on curating art, rather than working for Walmart like her siblings, Rob and Jim. Alice has spearheaded significant projects in Arkansas promoting arts, education, health, and improving economic opportunity. In September 2016, Alice owned over US$11 billion in Walmart shares.
As of October 2022, Alice had a net worth of $59 billion, making her the 19th-wealthiest person, and the second richest woman in the globe according to Bloomberg Billionaires Index. In 2011, Alice established the Crystal Bridges Museum of American Art, a 200,000-square-foot museum and campus in Bentonville, Arkansas, and she has given prolifically to causes promoting food security, such as the Northwest Arkansas Food Bank. As a member of the Northwest Arkansas Council and founder of the Llama Company investment bank, Alice was instrumental in developing the Northwest Arkansas Regional Airport.
Recently, she founded the Whole Health Institute and the Alice L. Walton School of Medicine, which is slated to welcome its first students in 2025. Her interest in art started in her childhood when she discovered watercolors. Alice and her mother often painted with watercolors on family camping trips or on hikes in the Ozarks. As an adult, she began to collect watercolors, and over time, that grew into a broader interest in art history and all types of American art. She gifted her art collection to form the basis of the Crystal Bridges collection, and the Walton family offered 120 acres of land in downtown Bentonville, Arkansas as the site for the museum.
Alice Walton Age
Alice was born on October 7, 1949, in Newport, Arkansas, in the United States. She is 74 years old. Alice celebrates her birthday on October 7, every year.
Alice Walton Height
She is a woman of above-average stature. Alice stands at a height of 5 ft 8 in ( Approx. 1. 72m ).
Alice Walton Family
She was born in Newport, Arkansas, the daughter of Sam Walton and Helen Walton. Her father Sam Walton was a business magnate well known for founding the retailers Walmart and Sam’s Club, which he began in 1962 and 1983 respectively. Sam died on Sunday, April 5, 1992 (three months shy of Walmart’s thirtieth anniversary), of myeloma, a type of blood cancer, in Little Rock, Arkansas, aged 74. Alice’s mother Helen Walton was a philanthropist and famous arts advocate, dedicated to her community in Bentonville, Arkansas where she instituted a committee for a National Museum of Arts. At one point in her life, Helen was the richest American and the eleventh-richest woman in the world. Helen died of heart failure on April 19, 2007, in Bentonville, Arkansas, aged 87. She has three brothers named Rob Walton, John Walton, and Jim Walton.
Alice Walton Siblings
Alice has three siblings Rob Walton, John Walton, and Jim Walton. Her brother Rob is a billionaire heir to the fortune of Walmart, the world’s largest retailer. Her other brother John was the chairman of True North Venture Partners, a venture capital firm. John died on June 27, 2005, when the CGS Hawk Arrow home-built ultralight aircraft that he was piloting crashed in Jackson, Wyoming. Alice’s brother Jim Walton is a businessman, presently an heir to the fortune of Walmart, the world’s largest retailer.
Alice Walton Husband | Married
Alice married a famous Louisiana investment banker in 1974 at age 24. The two were divorced two and a half years later. As per Forbes, Alice married “the contractor who built her swimming pool” soon after, “but they, too, divorced quickly”.
Alice Walton Daughter
Alice is divorced twice and has no children. She is the only daughter of Sam Walton and Helen Walton.
Alice Walton Education
In 1966, Alice graduated from Bentonville High School. Alice graduated from Trinity University in San Antonio, Texas, earning a B.A. in economics.
Alice Walton House | Home
In 2014 Alice purchased a $25 million condo in New York City. The condo, which is located on the 30th and 31st floors of 515 Park Avenue, had been possessed by late financier Christopher H. Browne. Christopher’s East Hamptons estate recently sold for $147 million, making it the most expensive home sale to date in the U.S. Her new condo is wonderfully luxurious, with 52 oversized windows offering both city and park views. It boasts 6,286 square feet of space and several special features, such as a large media room, a brightly lit library, and a one-bedroom guest apartment that could easily serve as two separate staff suites.
Alice Walton House Address
Her home address is 600 Museum Way, Bentonville, AR 72712.
Alice Walton Foundation
Alice created the Alice L. Walton Foundation in 2017. The foundation supports arts, education, health, and improving economic opportunity. In 2020, the foundation gave the Campus of Central Arkansas $3 million in funding for its fine arts program. That year, the foundation also donated a $1.28 million grant to the University of Arkansas for Medical Sciences to expand its program to provide healthy food in schools. In 2022, Alice’s Foundation donated a $3.5 million grant to the Northwest Arkansas Food Bank: $3 million to support the construction of a food distribution center and $500,000 to buy and distribute food.
In 2017, Alice created the Art Bridges Foundation. It collaborates with small and regional museums with less access to cultural resources. The foundation gives funding, collection loans, and traveling exhibits, and creates art programs with museums. Alice has said her aim is to reduce the amount of art kept in storage. As of September 2021, the foundation had approximately 30 exhibits traveling all over the United States. The Arts Bridges Fellows Program gives opportunities for people from historically underrepresented groups to work with its museum partners. Additionally, Alice has given $10 million to the Crystal Bridges Museum of American Art, and associated with the Ford Foundation through Art Bridges to fund programs to improve diversity in arts leadership.
Alice Walton Yacht | Yacht Kaos
Alice does not own a yacht but her cousin Nancy Walton Laurie owns the 361-feet long yacht worth an estimated $300 million and is named the “Kaos”. The Yacht includes a swimming pool, cinema, spa, and aquarium, according to Yacht Bible.
Alice Walton Young
She was born in Newport, Arkansas, and has three brothers. Alice’s mother died of heart failure on April 19, 2007, in Bentonville, Arkansas, aged 87. Her father died of myeloma, a type of blood cancer, in Little Rock, Arkansas, aged 74.
Alice Walton Lives Where
She lives on a 3200-acre Texas ranch named The Rocking W Ranch. Located in Mineral Wells, Texas, the working horse ranch is a scenic place where she retreats and spends time with friends and her nieces and nephews
Alice Walton Walmart
Once her dad died, Alice received her 13% stake in Walmart through the Walton Family Holdings Trust and Walton Enterprises. That percentage is assuming that Sam Walton split his shares equally among his four kids. Since 1993, she has earned around $7 billion worth of stock sales and dividends.
Alice Walton Museum | Art Museum | Art
Her interest in art led to the Walton Family Foundation developing the Crystal Bridges Museum of American Art in Bentonville, Arkansas. Moshe Safdie an architect designed the 200,000-square-foot museum, which was built on 120 acres of Walton family land. Crystal Bridges opened in 2011 and has been visited over 5 million times as of 2021. The museum is free to attend. Alice says her motivation for the museum was to give access to art to people who had never had it.
Alice Walton Email | Email Address
Her email is address is [email protected]
Alice Walton Whole Health Institute
In 2019, Alice established the Whole Health Institute. The institute serves with health systems, employers, and communities to build and expand access to holistic healthcare. In March 2021, Alice reported that the institute would build a nonprofit medical school in Bentonville titled the Alice L. Walton School of Medicine. The school will specialize in allopathic medicine and graduates will receive a doctor of medicine degree. The University will be located near Crystal Bridges. Construction is expected to start in 2023, with the first class enrolling in 2025, pending accreditation.
In 2021, the Alice L. Walton Foundation collaborated with the Cleveland Clinic to evaluate health care in Northwest Arkansas. After that evaluation, in 2022, the foundation and Washington Regional Medical System reported plans to create a nonprofit medical system aimed at training doctors in specialty care fields like oncology, cardiology, and neurology.
Alice Walton Fort Worth House | House Fort Worth
In 2019, Alice’s 1,435-acre Rocking W Ranch is for sale along the Parker and Palo Pinto County line in Milsap, Texas for $19.75 million. Her ranch is roughly 45 miles from Fort Worth and is one of the largest cutting horse ranches in Texas. Following two years on the market and a price reduction, Wal-Mart heiress Alice sold her family’s 1,460-acre cutting-horse ranch west of Fort Worth.
Alice Walton Ranch
In 1998, Alice moved to a ranch in Millsap, Texas, named Walton’s Rocking W Ranch. An avid horse-lover, Alice was known for having an eye for determining which 2-month-olds would grow to be champion cutters. She 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. Alice moved back to Bentonville in 2020.
Alice Walton Contact
Her phone number is (479) 418-5700.
Alice Walton Forbes | 2023
In the spring of 2023, Forbes estimated Alice’s fortune at $56.7 billion and moved her to the third line in the ranking of the wealthiest women.
Alice Walton Net Worth
Alice gets her wealth from her work as a philanthropist who has spearheaded significant projects in Arkansas promoting arts, education, health, and improving economic opportunity. Therefore, Alice has accumulated a decent fortune over the years. Alice’s net worth is $65 billion.
How Old Is Alice Walton
Alice is a 74-year-old who was born on October 7, 1949, in Newport, Arkansas, in the United States. Alice celebrates her birthday on October 7, every year.
How Did Alice Walton Get Her Money
From breeding horses to building a $500 million art collection. Alice also inherited from her father, the Walmart and Sam’s Club founder, upon his passing.
How Much Is Alice Walton Worth
Her net worth is $65 billion due to her work as a philanthropist.
Where Does Alice Walton Live
She resides on a 3200-acre Texas ranch called The Rocking W Ranch.
Who Is Alice Walton
She is the only daughter of Walmart founder Sam Walton. Alice has focused on curating art, rather than serving for Walmart like her siblings, Rob and Jim. In 2011, Alice opened the Crystal Bridges Museum of American Art in her hometown of Bentonville, Arkansas. Crystal Bridges features serve from the likes of Andy Warhol, Norman Rockwell, and Mark Rothko. In 2022, the holistic health institute Alice founded in Bentonville a year earlier was renamed the Alice L. Walton School of Medicine.
Alice Walton Social Media Account
Instagram – alicefw