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Holding a $71 billion fortune, Alice Louise Walton, American heiress to the Walmart empire and daughter of Sam Walton, ranks as the world's second-richest woman in November 2023. An Arkansas native and Trinity University alumna, Walton's extensive career includes roles at First Commerce Corporation, EF Hutton, and as Llama Company founder. A celebrated art collector, her Crystal Bridges Museum showcases American masterpieces, enhancing Bentonville's cultural landscape. Her philanthropic endeavors include the Alice L. Walton Foundation and an initiative to elevate healthcare access through the Whole Health Institute and a forthcoming medical school. Walton's impact extends to political contributions and several prestigious recognitions from Time magazine and the International Women's Forum.
October 07, 1949 in Newport, Arkansas, U.S.
76 years
Walmart
Fashion & Retail
United States
Fort Worth, Texas
Bachelor of Arts/Science, Trinity University
Sam Walton (father), Helen Walton (mother)
Alice Louise Walton was born on October 7, 1949, in Newport, Arkansas. She was raised in Bentonville, Arkansas, where her father, Sam Walton, founded Walmart. Alice graduated from Bentonville High School in 1966 and went on to earn a B.A. in economics from Trinity University in San Antonio, Texas.
Alice Walton: Family
Alice Walton is the daughter of Sam Walton, the founder of Walmart, and Helen Robson Walton. She has three siblings: S. Robson Walton, Jim Walton, and John Walton. Alice was married twice and divorced both times. She has no children.
Alice Walton: Career Highlights
Alice Walton began her career as an equity analyst and money manager for First Commerce Corporation and Arvest Bank Group. She later became a broker for EF Hutton. In 1988, she founded Llama Company, an investment bank, where she served as president, chairwoman, and CEO. Alice played a major role in the development of the Northwest Arkansas Regional Airport and was inducted into the Arkansas Aviation Hall of Fame in 2001. Llama Company closed in 1998.
Alice Walton: Companies
Alice Walton has been involved with several companies throughout her career, including:
Alice Walton: Major Achievements
Alice Walton's major achievements include:
Alice Walton: Awards & Achievements
Alice Walton has received numerous awards and recognitions for her contributions to the arts, education, and philanthropy, including:
Paul Getty Medal, 2020
Alice Walton: Personal Life & Legacy
Alice Walton has been married and divorced twice. She has no children. She was involved in several automobile accidents, including a fatal one in 1989. Alice moved to a ranch in Texas and later back to Bentonville, Arkansas. She is known for her philanthropy and her passion for art.
Alice Walton: Trivia
Alice Louise Walton is born in Newport, Arkansas.
Graduates from Bentonville High School.
Founds Llama Company, an investment bank, serving as president, chairwoman, and CEO.
Inducted into the Arkansas Aviation Hall of Fame.
20th-largest individual contributor to 527 committees in the U.S. presidential election.
Crystal Bridges Museum of American Art opens in Bentonville, Arkansas, offering free admission.
Named one of Time magazine's most influential people in the world.
Awarded the Smithsonian Institution's Archives of American Art Medal.
Forms the Alice L. Walton Foundation, promoting arts, education, health, and economic opportunity.
Inducted into the International Women's Forum hall of fame.
Awarded the J. Paul Getty Medal.
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