Home Billionaires Alice Walton: Forbes 19th Richest Person On Earth

Alice Walton: Forbes 19th Richest Person On Earth

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  • Full Name: Alice Walton
  • Date of Birth: October 7, 1949
  • Age: 73 years old (as of September 1, 2023)
  • Source of Wealth: Walmart
  • Self-Made Score: 1 (indicating inherited wealth)
  • Philanthropy Score: 2
  • Residence: Fort Worth, Texas, United States
  • Marital Status: Divorced
  • Education: Bachelor of Arts/Science (Trinity University)

Biography: Alice Walton is known as the only daughter of Walmart’s founder, Sam Walton. Born on October 7, 1949, in the United States, she has made her mark not in the retail industry like her brothers Rob and Jim, but rather in the world of art and philanthropy.

Alice Walton’s passion lies in curating art and promoting American art and culture. In 2011, she achieved a significant milestone when she opened the Crystal Bridges Museum of American Art in her hometown of Bentonville, Arkansas. The museum showcases an impressive collection of works by renowned artists such as Andy Warhol, Norman Rockwell, and Mark Rothko, making it a cultural hub in the region.

Beyond her contributions to the art world, Alice Walton has also made significant philanthropic efforts. In 2022, she founded a holistic health institute in Bentonville, which was later renamed the Alice L. Walton School of Medicine. Her philanthropy score, as reported by Forbes, reflects her commitment to various charitable endeavors.

Alice Walton’s wealth is primarily derived from her inheritance as a member of the Walton family, who collectively own a substantial portion of Walmart’s stock. Despite not actively participating in Walmart’s operations, her wealth has consistently ranked her among the world’s richest individuals.

Alice Walton graduated from Trinity University with a Bachelor of Arts/Science degree. Interestingly, after completing her education, she briefly worked for Walmart as a buyer of children’s clothes.

As of September 1, 2023, Alice Walton ranks as the 19th richest person in the world with a net worth of $56.7 billion, according to Forbes. Her dedication to promoting American art and culture, along with her philanthropic endeavors, continues to shape her legacy beyond her family’s retail empire.

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