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Alice Louise WALTON

Primary Position:
Primary Company:
Wal-Mart Stores
Estimated Net Worth:
At least $37.7 billion
Source of Wealth:
7 October 1949
United States
Newport, Arkansas, United States
Marital Status:


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:
Start Date:
End Date:
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Interesting Facts

Purchased her first piece of art at the age of ten. Walton is an avid art buyer, often doing so anonymously. In 2005, she bought a painting called "Kindred Spirits", by American painter Asher Durand, from the New York Public Library, for an estimated $35 million. Among her recent purchases are: Jasper Johns' "Alphabets" for $11 million; a 1985 Andy Warhol silkscreen of Dolly Parton; a 2009 Chuck Close triptych depicting Bill Clinton; and Norman Rockwell's 1943 "Rosie the Riveter", for $4.9 million.

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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: 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.

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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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