Connect with us

Wealth and Rich List

Alice Walton Net Worth 2024

Published

on

Alice Walton net worth

Alice Walton net worth 2024: Alice Walton is the richest woman in the United States with an estimated net worth of $72 billion as of 2024. She is the daughter of Sam Walton, the founder of Walmart.

What is Alice Walton net worth?

Net worth$65 billion
Date of birthOctober 7, 1949
Full nameAlice Louise Walton
OccupationEntrepreneur
NationalityAmerican

Alice Walton Wealth Explained

Alice Walton inherited $11 billion worth of Walmart shares after the death of her father Sam Walton.

Through her wealth from Walmart, Alice established  Crystal Bridges Museum of American Art in her hometown of Bentonville, Arkansas. The assets of the museum is valued at over $2 billion.

Alice Walton also established the Alice Walton Foundation which is focused on humanitarian aid. Through the foundation, She founded the Whole Health Institute. The institute works with health systems, employers and communities to build and expand access to holistic healthcare

Read Jeb Bush net worth

Read Jim Walton net worth

How Does Alice Walton Spends her money?

Most Billionaires are known for their love for purchasing expensive and luxurious assets such as expensive cars, houses, Yachts, private jets and more.

In 2014, Alice purchased a $25 million Duplex in Manhattan. The condo is wonderfully luxurious, with 52 oversized windows offering both city and park views. It boasts 6,286 square feet of space and many special features, including a large media room, a brightly-lit library, and a one bedroom guest apartment that could easily serve as two separate staff suites.

What Car Does Alice Walton Drive?

Despite her financial status, Alice’s choice of is rather modest. She has been seen using a Ford F150 priced at $ 18,798. She also owns a Porsche. The billionaire heiress may own several other cars that are not known to the public.

What is the Most Expensive thing own by Alice Walton?

Being a billionaire means the is nothing one cannot afford. That being said, The most expensive asset owned by Alice Walton is her Crystal Bridges Museum of American Art. The collection is estimated to have a value of almost $2 billion.

The Love for Art

Alice has been a collector of sorts since she was 11 years old, when she bought a 25-cent print of Picasso’s 1902 “Blue Nude” in one of her dad’s Ben Franklin stores (the chain he worked for prior to starting Walmart). She paid for it with five weeks of earnings from selling popcorn outside on the sidewalk. During those middle-class years Walton family vacations were spent camping in America’s national parks.

Alice Walton Biography

Alice Walton was born in Newport, Arkansas. She was raised along with her three brothers in Bentonville, Arkansas, and graduated from Bentonville High School in 1966. She graduated from Trinity University in San Antonio, Texas, with a B.A. in economics

Career

Early in her career, Walton was an equity analyst and money manager for First Commerce Corporation and headed investment activities at Arvest Bank Group.  She was also a broker for EF Hutton.  In 1988, Walton founded Llama Company, an investment bank, where she was president, chairwoman, and CEO.

Read Also Richest Women in the world

Walton was the first person to chair the Northwest Arkansas Council and played a major role in the development of the Northwest Arkansas Regional Airport, which opened in 1998.

 At the time, the business and civic leaders of Northwest Arkansas Council found a need for the $109 million regional airport in their corner of the state.

Walton provided $15 million in initial funding for construction, and Llama Company underwrote a $79.5 million bond.

 The Northwest Arkansas Regional Airport Authority recognized Walton’s contributions to the creation of the airport and named the terminal the Alice L. Walton Terminal Building.

She was inducted into the Arkansas Aviation Hall of Fame in 2001.

Llama Company closed in 1998

Alice Walton Net Worth

As of 2024, Alice Walton net worth is valued at $72 billion making her the richest woman in the world and the 17th richest person in the world according to Bloomberg billionaires index.

She has been recognized by several international media organization over the years . in 2011, She was part of Time Magazine’s most influential people of the year. Also, in 2018, Alice Walton was inducted in the international women Forum hall of fame.

Source: Glusea

Advertisement
Comments