Image of

Alice Louise WALTON

Primary Position:
Shareholder
Primary Company:
Wal-Mart Stores
Estimated Net Worth:
At least $37.1 billion
Source of Wealth:
Inheritance
Age:
66
Birthday:
7 October 1949
Religion:
Christian
Nationality:
United States
Hometown:
Newport, Arkansas, United States
Marital Status:
Divorced

Biography

Father, Samuel Moore (Sam) Walton, grew up in Columbia, Missouri; in 1940, he joined J.C. Penney as a Management Trainee. Two years later, he was drafted into the U.S. Army Intelligence Corps, resigning as a Captain in 1945. He married Helen Robson in 1943. After his discharge, Sam Walton borrowed $20,000 from his father-in-law and purchased a Ben Franklin variety store in Newport, Arkansas. After a dispute with his landlord, he relocated the store to Bentonville, Arkansas in 1950 and subsequently opened several ...

Contact us to see more Biography

Education History

Institution Name:
Trinity University
Qualification Name:
Bachelor's degree
Education Type:
Undergraduate
Start Date:
 
End Date:
1971
Contact us to see more Education History

Interesting Facts

In 1989, while driving to work, Walton struck and killed Oleta Hardin, a 50-year-old mother of two who stepped into the road in Fayetteville, Arkansas; no charges were ever filed.

Contact us to see more Interesting Facts

Interests, Passion, Hobbies

Kind of Interests, Passion and Hobbies: Philanthropy
Description: Serves as a Director at the Walton Family Foundation, which donated more than $310 million in 2013 to various causes supporting primarily education, freshwater and marine conservation, and quality-of-life initiatives in Arkansas and Mississippi.

Kind of Interests, Passion and Hobbies: Art
Description: Walton is a significant art collector, with a particular interest in American and contemporary art, and has been listed for several years as among the world's top 200 collectors by ARTnews. She was reportedly introduced to watercolors and painting as a child by her mother Helen, and apparently served as the driving force behind the creation of the Crystal Bridges Museum of American Art in Bentonville, Arkansas.

Kind of Interests, Passion and Hobbies: Business - Entrepreneurship
Description: Founded an investment bank, the Llama Company, which operated from 1988 until the late 1990s, and where she served as President, Chairman and CEO.

Contact us to see more Interests, Passion, Hobbies

Philanthropy

Giving Profile: Generous philanthropist channels donations through the Walton Family Foundation, where Walton is a Director. Reportedly, has been an active Member on the Board of the University of Arkansas for Medical Sciences. Led the family foundation's efforts to create the Crystal Bridges Museum of American Art in Bentonville, Arkansas, to which the foundation donated more than $145 million in 2013. The Walton Family Charitable Support Foundation donated $300 million to the University of Arkansas in 2002. The Walton Family Foundation also donated $159 million to K-12 education reforms and $71.4 million to environmental initiatives in 2011. In 2012, the foundation donated more than $432 million to various causes including education, freshwater and marine conservation, and quality-of-life initiatives in Arkansas and Mississippi. From 2007 to 2012, Walton and her siblings have given about $2 billion to the Walton Family Foundation. In December 2015, Walton donated around 3.7 million shares of Wal-Mart Stores worth about $225 million to the Walton Family Holdings Trust, a trust formed in 2015 to fund the Walton family's philanthropy.

Contact us to see more Philanthropy

Clubs & Boards

Clubs and Boards is only available in Wealth-X Professional

Known Associates

Known Associates is only available in Wealth-X Professional

Family Details

Family Details is only available in Wealth-X Professional

Learn More About Wealth-X Products and Services: Contact Us