Facts of Alice Walton
|Full Name||Alice Walton|
|Birth City||Newport Arkansas|
|Father Name||Sam Walton|
|Father Profession||Bussiness Man|
|Mother Name||Helen Walton|
|Date of Birth||October 7,1949|
How Much Is Alice Walton's Net Worth?
Alice Walton is the youngest child of Sam Walton and Helen Walton, founder of the Walmart INC. She is one of the richest women alive in the world. Her impressive net worth and flexible success in retail make her the 10th richest woman in America.
Walton's net worth is estimated to be $50 billion as of 2019. She was an equity analyst and money manager in her early career.
Second Richest Woman In The World Alice Walton: Income Sources And Earnings
The richest woman in America Alice Walton is estimated to have a jaw-dropping net worth of $50 billion as of 2019. She is the heiress of Walmart Inc along with her older siblings; brothers Jim Walton and Rob Walton who have the combined fortune of over $101.5 billion.
Walton is one of the four women to make into the list of 50 richest people on earth.
According to another reliable source, Bloomberg's Billionaire's Index, heiress of Walmart has a total wealth of $163.2 billion as of 2019. The wealth is more than of Jeff Bezos, Bill Gates, and Warren Buffett.
In August 2019's quarterly results, Walmart's share price increased by 10%. It is reported stronger than expected. America's largest retailer in terms of revenue, with sales of $500.34 billion per year.
How Lavish Is Alice Walton's Lifestyle? House And Assets
Walton owns a two-floor condo in New York. She bought the house for $25 million in 2014. Her $25 million property covers 6,000 square feet featuring 52 large windows, a media room, and an overlooking Central Park.
Back in 2017, she sold her Rocking W Ranch located in Texas. She used to breed several horses in her Millsap, Texas, property. According to sources, her real estate was initially put on the sale for $19.75 million which was later reduced to $16.5 million.
The billionaire is also the proud owner of a 4,416-acre ranch in Texas which was previously listed for $22 million which consists of three bedrooms and two bathrooms beside the river.
Alice is the owner of a museum called Crystal Bridges opened in 2011. When it was opened it had four times more funding than the Whitney Museum in New York. In addition, she also has an art collection, from Andy Warhol and Georgia O'Keefe.
As the future heiress, her company has nearly 12,000 stores worldwide and Walton has a combined net worth of $163.2 billion.
Being one of the richest women in the world, Alice is liable to pay a huge sum of money as her tax bills. In general, a person owing the fortune of $10 million, has to pay a federal income tax of $3,661,250. Since Alice is worth billions, she must be paying double the general tax.
Alice Walton's Investment And Philanthropy
As we have already mentioned about the Crystal Bridges, unlike that, Alice has founded another non-profit foundation, Art Bridges in 2017.
The foundation partners with all sizes of institutions to provide greater access to American art projects and communities. The Art Bridges will help raise funds and collaborate with different museums and foundations.
Camp War Eagle
Camp War Eagle is a sports adventure and recreation summer camp for children from seven to 17 years in Northeast Arkansas.
The camp has been serving children of all socioeconomic backgrounds since 2006. The camp promises kids to offer scholarships who are ready to improve grades and make a commitment to the community.
Walton Family Foundation
Alice Walton is the board member of the Walton Family Foundation. The foundation focuses on improving K-12 children's education and investing in communities and giving back in Mississipi Delta region and Northeast Arkansas.
Walton Family Foundation is running for three decades started by her parents Sam and Helen Walton.
Alice Walton is active in political donations mostly to the Republican Party. In 2014, she donated $25,000 to political super-PAC supporting U.S. bid by Hilary Clinton.
Alice Walton's Billionaire Parents
Alice Walton was born on 7 October 1949, in Newport Arkansas to parents; father Sam Walton and mother Helen Walton. Alice was raised in Bentonville along with her three brothers; Jim C. Walton, John T. Walton and S. Robson Walton.
She graduated in 1966 from Bentonville HS and from Trinity University in San Antonio, Texas with a degree in B.A. in economics and finance.
Her father Sam Walton founded Walmart Inc in 1962. In contrast, the company is now the world's largest retailer by revenue after Françoise Bettencourt Meyers, L'Oreal's Owner.
Who Is Alice Walton Married To?
The board member of The Walton Family Foundation is currently single. However, she was once married to an investment banker in 1974 when she was just 24 years old. But the pair parted their ways after two and a half years of their marriage.
She then again walked down the aisle with a contractor who built her swimming pool but unfortunately, they divorced quickly after their marriage.
Age And Height
Alice Walton is 70 years old as of 2019.
She stands at a height of 5 feet 8 inches (172 cm) and weighs around 60 kg (132 pounds).