Alice Walton Age Bio Wiki Net Worth Height Weight Husband kids Family Boyfriend Career & More
Alice Walton (real name is Alice Louise Walton) is an American Entrepreneur and heiress to the fortune of Walmart. She has ranked as the 18th-richest individual and the second-richest woman in the world in April of 2019. Born within Bentonville, Arkansas, Alice Louise Walton received her B.A. degree in finance and economics in the fall of 2006 from Trinity University in San Antonio before beginning her career with the company run by her father.
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Quick Info Alice Walton
Full Name: | Alice Louise Walton |
Nickname: | Alice Walton |
Occupation: | Entrepreneur and heiress to the fortune of Walmart |
Years of Active: | 1988 — Present |
Gender: | Female |
Religion: | Christian |
Nationality: | American |
Birthday: | 7 October 1949 |
Age Now: | 72–Years (Update as of October 2021) |
Birthplace: | Newport, Arkansas, United States |
Zodiac Sign: | Libra |
But she eventually quit her job to pursue various financial positions, ultimately creating the bank she owned, Llama Company, which she forced to shut down after ten years. She also began cutting horses and doing charity work. She became the main force behind developing Northwest Arkansas Regional Airport, providing generously for its financing.
Early Life
Alice Louise Walton (Alice Walton) was born on 7 October 1949 in Newport, Arkansas, United States. Her father’s name is Sam Walton, was a well-known businessman and entrepreneur. Alice Walton is most famously known as the creator of Walmart Inc. (formerly Wal-Mart Stores, Inc) and Sam’s Club (formally Sam’s West, Inc). His mother, Helen Robson Walton, was an eminent advocate for art and his business partner, the youngest of her parents’ four children. She had three older brothers. They were Samuel Robson Walton (b. 1944), John Thomas Walton (b. 1946), and Jim Carr Walton (b. 1948).
One year after she was born, the family relocated to Bentonville in the city of Bentonville in the northeastern region of Arkansas. They established “Walton’s 5 & 10,” the first store that bore their initials. Bentonville was also the place where the family was to settle down eventually. When she was a kid, she was highly attracted to art. She bought her first artwork, a replica of Picasso’s ‘Blue Node, at ten years old. She also loved playing outdoors, riding horses, and drawing watercolors with her mom when they took camping trips.
Alice Walton received her education at Bentonville High School (BHS), in which she had an active role within clubs like the Spanish Club, Art Club, and the Honor Society. She also performed in two plays and played a supporting role in ‘Pardon My million.’ In 1967 she was a graduate of Bentonville High School and enrolled at Trinity University in San Antonio, Texas. She graduated from Trinity University in 1971, earning a B.A. degree in finance and economics.
Family & Relatives
Father’s name: | Sam Walton |
Mother’s name: | Helen Walton |
Sister: | Not known |
Brothers: | 1. Rob Walton 2. John Walton 3. Jim Walton |
Marital Status: | Divorced |
Husband’s name: | Will Update |
Marriage date: | 1974 |
Divorced date: | July 1976 |
Children: | Not known |
Boyfriend: | Will Update |
Recently relationship status: | Not Known |
Personal Life
It is not known much about the private life of Alice Walton other than that she was married to a Louisiana investment banker around 1974 and then divorced him two years after. Then, she was married to a contractor, but it was also not a long-lasting affair. She has no problems from one of those marriages.
A philanthropist by profession, Alice Walton has contributed millions of dollars to various causes. Her brother Jim is currently managing a project that will issue bonds worth $300 million to ensure that charter schools invest in their facilities. A terminal building at Northwest Arkansas Regional Airport has been named the Alice L. Walton Terminal Building in honor of her.
Height Weight & Body Facts
Body measurements: | 36-27-36 inches |
Height(approx.): | In inches- 5 feet 8” In meters- 1.73 m In centimeters- 173cm |
Weight(approx.): | In Kilogram- 60 kg In pounds- 132lbs |
Hair Color: | Brown |
Eye Color: | Black |
Dress Size: | Will Update |
Shoe Size: | Will Update |
Skin Tone: | Fair |
Tattoo: | Not known |
Alice Walton Net Worth
Alice Walton is the first kid of Walt Disney and heiress to her father’s fortunes at Walmart. Her birth date was 7 October 1949. As of 16 September, she was holding around 11 billion dollars in Walmart shares. As of October 2021, Walton is worth $62.0 billion, making her the 20th-richest person globally and the second most wealthy woman in the world, right after Jeff Bezos’s wife, according to the Bloomberg World Billionaires rankings.
Education / Contact
Qualification: | B.A. in economics. |
School: | Bentonville High School (BHS) |
Collage / University: | Trinity University |
Phone Number: | Not Published |
Email Address: | Will Update |
Home Town: | Newport, Arkansas, United States |
Website: | www.alicewalton.org |
Controversy
Alice Walton was involved in several car crashes, with one fatal. The driver lost control of her rental vehicle during the family reunion of Thanksgiving in 1983 near Acapulco and fell into a ravine. She broke her leg. She has been airlifted out of Mexico, went through nearly two dozen procedures, and still suffers from her wounds. In April 1989, she kills when she struck 50-year-old Oleta Hardin, who had crossed a highway within Fayetteville, Arkansas. Witnesses reported that Walton was traveling at high speed at the time; however, there were no charges filed. She was arrested in 1998 after she smashed into a gas meter when driving under the impaired by alcohol. She was fine, $925.
Social Media Profiles
Alice Walton doesn’t have any accounts on social media, Facebook, Twitter, Instagram, etc.
Facebook: | Will Update |
Twitter: | Will Update |
Instagram: | Will Update |
Career
After graduating from Trinity, Alice Walton began working at Walmart as a buyer for children’s clothing. Then, she relocated to New Orleans, where she started her career as a broker at the firm that deals in stock brokerage E.F. Hutton. But she wasn’t very good at what she did and resigned from the position and became an equity analyst and a money manager at First Commerce Corporation, where she employe for a short time. After having left First Commerce Corporation, it was the vice-chairperson and director of all investment-related operations for the family-owned Arvest Bank Group for a short period.
Following the Securities and Exchange Commission, it was 1979 when Walton and ten other Hutton employees were have charged with excessive options trading. While she claimed she was not in violation of laws, she agreed to the settlement to avoid lengthy litigation. She has done barred from engaging in securities for a minimum of 6 months. At the end of the 80s in the 1980s, Alice moved back to Arkansas and set up an operation to raise cutting horses. In the meantime, she began becoming involved in the family’s business. In 1988, she founded an investment bank named Llama Company as a subsidiary of Walton Enterprises.
The name has inspired by a llama her mother received as a present that has given to her. Llama Company ran for ten years before closing in 1998. The bank wrote bonds, managed assets as well as loans to other businesses. As its president, chairman woman, CEO, and president, Walton worked with enthusiasm to boost the economy that was booming in Northwest Arkansas, at that time, ignored by Wall Street. However, the 90s gave her two big successes being the first person to be elected chairperson of the Northwest Arkansas Council was one of them. The creating of the Northwest Arkansas Regional Airport (1998) was the second.
In 1998, when the Llama Company closed down, she resigned from high-finance for a time to enjoy her horse. She also ended up and relocated the farm she had established into Texas within the year. With 3,200 acres, her Rocking W Ranch soon became one of the best breeders of cutting horses. Although she mainly resided in Texas, taking care of her animals, she made sure to visit Bentonville and collect pieces of art through the 2000s. Then, in November of 2011, she founded the Crystal Bridges Museum of American Art located in Bentonville to show American art.
In 2015 she removed her ranch and moved into Fort Worth, Texas, closer to Crystal Bridges because it required more attention. The place has been her home since. Alice Walton is best known for her part in the creation of Northwest Arkansas Regional Airport. She not only contributed $15 million in the beginning as the initial financing for the airport’s construction, but as the director of the Llama Company, she also helped complete the airport by securing $79.5 million in bonds for development.
As an avid collector of art, she founded the Crystal Bridges Museum of American Art to fulfill the mission of depicting the country’s history through art. She is currently its chairperson. The museum is free of admission fees.
Awards & Achievements
Alice Walton has received several honors for her contributions to philanthropy to the community. The Smithsonian Institute’s Archives of American Art Medal, the John Cotton Dana Medal for Visionary Leadership in Museums, and the Leonore and Walter Annenberg Award for Diplomacy through the Arts. She was admitted into the Arkansas Aviation Hall of Fame in 2001 and has also inducted into the International Women’s Forum Hall of Fame in 2018.
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