Alice Walton: The Fortune of The Richest Woman in The World

Shares in the Walmart Group10%
Date of birth7 October 1949 (age 71)
Born inNewport, Arkansas, USA
nationalityUnited States
jobEntrepreneur, Walmart Shareholder
Full nameAlice Louise Walton

How rich is Alice Walton?

Alice Walton is the richest woman in the world. Her madness makes her indisputably one of the richest people in the world. But money alone does not make you happy. Alice Walton has neither a husband by her side, nor has she ever become a mother. The heiress of Walmart founder Sam Walton, who has since passed away many years ago, made headlines not only with her insane fortune. Rather, the wealthy entrepreneur allowed herself a serious misstep on the occasion of her 62nd birthday. She was driving drunk and was caught doing it. Despite her arrest, the facility has since been dropped. Alice Walton’s estimated net worth is € 56.76 billion.

Alice Walton – the richest woman in the world

As a shareholder at Walmart, you own 10 percent of the group. The total assets of the Waltons should amount to more than 150 billion euros. Thus, the Walton clan is the richest family in America. At around 50.86 percent, most of Walmart’s shares are still in the hands of the family and not in the hands of investors. Since Alice Walton studied economics and finance herself, she definitely has a nose for business. Her other passion is horses. From 1998 to 2015, she lived on a ranch in Millsap, Texas, and actively bred horses there.

It can now be assumed that Alice’s residence is primarily concentrated in Fort Worth, also in the US state of Texas. Incidentally, Alice Walton never played a leading role at Walmart. She preferred to leave that to her brothers. As a stock analyst and stockbroker, Walton herself has worked in the private sector in the past. In 1988 she founded an investment bank, which only had to close ten years later.

Art and politics: a multifaceted life

Alice Walton has previously chaired the Northwest Arkansas Council. In this context, it also played an important role in the construction of the Northwest Arkansas Regional Airport, which finally opened in 1998. Although the vast majority of the Waltons are Republicans, Alice Walton has chosen a different path.

In 2016, she supported Hillary Clinton with a donation equivalent to a good 310,000 euros. Alice Walton was against Donald Trump, and she would have preferred Hillary Clinton to be president. Before donating to the Hillary Victory Fund, Clinton and Walton had the opportunity to meet personally. They met when Hillary’s husband made her first lady of Arkansas. Walton came into contact with Clinton in her role as a board member at Walmart.

Alice Walton is now best known for her commitment to the arts. The Crystal Bridges Museum of American Art opened its doors in its home state of Arkansas in 2011. Alice Walton also has a penchant for art in her private life and spends part of her insane fortune on a truly impressive art collection.

The trade journal ARTNews has even said that Walton is one of the world’s 200 most important art collectors. After all, the value of her private collection is estimated at around 435 million euros. The collection can be seen in the museum she opened. These include impressive works by well-known artists such as Norman Rockwell and Andy Warhol.

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