Meet Alice Walton, the visionary heiress of the Walmart family, whose passion for art and commitment to philanthropy have left an indelible mark on the world.Born on October 7, 1949, in Newport, Arkansas, Alice Louise Walton grew up in the town of Bentonville, Arkansas, where her father, Sam Walton, laid the foundations of Walmart. Unlike her other siblings, Alice charted her path distinct from the retail empire, allowing herself to dive deep into her passion for art.
Education
Alice’s educational journey began at Bentonville High School, where she graduated in 1966. Continuing her pursuit of knowledge, she earned a Bachelor of Arts degree in Economics from Trinity University in San Antonio, Texas.
Career
Starting on her professional journey, Alice began her career as an equity analyst and money manager, honing her skills at First Commerce Corporation and Arvest Bank Group. She later ventured into brokerage with EF Hutton before founding Llama Company in 1988, where she held important roles including president, chairwoman, and CEO. Her visionary leadership played a crucial role in shaping the Northwest Arkansas Regional Airport, earning her a place in the Arkansas Aviation Hall of Fame in 2001. Although Llama Company ceased operations in 1998, Alice’s entrepreneurial spirit continued to soar.
In 2011, Alice Walton unveiled her magnum opus, the Crystal Bridges Museum of American Art, in her hometown of Bentonville, Arkansas. This iconic institution stands as a testament to her dedication to making art accessible to all.
Personal Life
Despite life’s twists and turns, including two marriages and divorces and her battles with adversity, Alice Walton’s commitment to philanthropy and her love for art remains unwavering. Her journey from Texas ranches to Bentonville showcases resilience and determination.
Philanthropies
Alice Walton’s philanthropic endeavours extend far beyond her financial status. Embracing her parents’ legacy of giving, she champions causes in education, healthcare, and the arts. Her selfless spirit echoes through initiatives like the Alice L. Walton Foundation, dedicated to fostering arts, education, health, and economic opportunities, and the Whole Health Institute, aimed at revolutionizing holistic healthcare.
Net worth
As of early 2024, Alice Walton stands tall as the 21st richest person globally and the second-wealthiest woman, with a net worth of $72 billion, according to Forbes.
