Alice Walton Net Worth

Alice Walton Net Worth

Net Worth: $44.9 Billion
Source of wealth:

Retail (Wal-Mart)

Full Name Alice Louise Walton
Birth Place Newport, Arkansas, United States
Date of Birth Oct 07, 1949 (age 70)
Nationality American
Ethnicity English descent
Occupation Heiress, Philanthropist
Marital Status Divorced
Children None
Education B.A. from Trinity University
Last Updated
Oct 19, 2018

About Alice Louise Walton

Alice Louise Walton is heiress to the Wal-Mart fortune. According to Forbes, this American billionaire’s net worth is $44.9 billion making her the richest woman in the world, as of October 2018.

Alice Walton was born in Newport, Arkansas on October 7, 1949. She is the daughter of Sam Walton, one of the founders of Wal-Mart Stores and sister of S. Robson Walton and Jim Walton.

Alice Walton Net Worth

Walton attended Trinity University in San Antonio, Texas, where she earned a B.A. in economics and finance. She started her career in finance as an equity analyst and money manager for First Commerce Corporation and later worked as vice chairperson and head of all investment-related activities at the Arvest Bank Group. In 1988, Walton founded and served as President, Chairperson and CEO for Llama Company, an investment bank engaged in corporate finance, public and structured finance, real estate finance, sales and trading. She was also a broker for E.F. Hutton before becoming the first chairperson and driving force behind the Northwest Arkansas Council. In the late 1990s, Walton closed Llama Company and moved to Walton’s Rocking W Ranch. At the age of 24, she married a renowned Louisiana investment banker, but the couple divorced two and a half years later. She remarried her pool contractor, before divorcing.

Alice has been arrested many times for driving while intoxicated. In 1989 she was involved in the speeding death of a woman, but no charges were filed.