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Alice Louise WALTON

Primary Position:
Shareholder
Primary Company:
Wal-Mart Stores
Estimated Net Worth:
At least $39 billion
Source of Wealth:
Inheritance
Age:
67
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 ...

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Education History

Institution Name:
Trinity University
Qualification Name:
Bachelor's degree
Education Type:
Undergraduate
Start Date:
 
End Date:
1971
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Interesting Facts

Walton was ranked one among the "Top 200 Art Collectors" by ArtNews from 2012 to 2015.

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Interests, Passion, Hobbies

Kind of Interests, Passion and Hobbies: Outdoors - Fishing
Description: Holds an Arkansas fishing license.

Kind of Interests, Passion and Hobbies: Agriculture - Ranching
Description: Appears to have a passion for ranching; purchased the Rocking W Ranch in the late 1990s and spent time there until listing it for sale in September 2015 for $19.7 million.

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.

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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.

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Clubs & Boards

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Known Associates

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Family Details

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