Alice Walton Biography

 Alice Walton is an American businesswoman and philanthropist known for being a member of the Walton family, the founders of Walmart Inc. She was born on October 7, 1949, in Newport, Arkansas, United States.

Alice Walton is the daughter of Walmart founder Sam Walton and Helen Walton. She grew up in Bentonville, Arkansas, and was raised in a family that eventually became one of the wealthiest in the world. She has three brothers: Rob, Jim, and John.

Despite being born into wealth, Alice Walton pursued her own path in life. She attended Trinity University in San Antonio, Texas, where she studied economics and finance. After graduating in 1971, she briefly worked as an equity analyst and money manager for First Commerce Corporation.

Alice Walton's true passion, however, lay in art. She developed a keen interest in collecting art from a young age and began building her personal collection. In 2011, she opened the Crystal Bridges Museum of American Art in Bentonville, Arkansas. The museum features a vast collection of American artwork from the colonial era to the present day, and it has quickly gained recognition as one of the leading art institutions in the country.

As an art philanthropist, Alice Walton has made significant contributions to the field. She has actively supported the preservation and promotion of American art and has made substantial donations to various art institutions. Her efforts have greatly influenced the cultural landscape in the United States.

In addition to her art-related activities, Alice Walton has also been involved in business ventures. She served on the Walmart board of directors for several years but stepped down in 2015. She has invested in various companies and projects, including the construction of the $1.2 billion Crystal Bridges Museum.

Alice Walton's philanthropic work extends beyond the art world. She has been involved in various charitable endeavors, including educational initiatives, healthcare projects, and support for rural communities.

Alice Walton's net worth has fluctuated over the years, primarily due to her holdings in Walmart. As of my knowledge cutoff in September 2021, she was estimated to have a net worth of around $70 billion, making her one of the wealthiest people in the world.

Overall, Alice Walton is recognized for her contributions to the arts, philanthropy, and business. Her dedication to promoting American art and improving the lives of others has solidified her reputation as a prominent figure in the world of business and philanthropy.