Alice L. Walton is a billionaire philanthropist and arts patron. As the daughter of Walmart founder, Sam Walton, she is an heiress to the Walmart fortune and ranks as the second-richest woman and 17th-richest person in the world.
She manages Walton Enterprises, the holding company through which her family owns a majority stake in Walmart, with her brothers Rob and Jim.
The billionaire is the founder of the Crystal Bridges Museum of American Art where she also serves as chairwoman of the board of directors. Called one of the “most important new museums in U.S. history” by the editor of Art in America, the museum opened in Bentonville, Arkansas in 2011. The vision for the museum began in 2005, when Walton—a lifelong art collector—began using her family fortune to purchase art designated for the future institution by outbidding other museums and collectors. The Waltons have reportedly invested over $1.4 billion into the construction and operation of Crystal Bridges.
In 1988, she founded Fayetteville-based investment company, Llama Company, where she was CEO, chairman, and president. Before Llama Company, Walton joined Arvest Bank Group—a bank owned by her family—in 1982 as the vice chairman and head of investment-related activities. While there, she created Arvest Asset Management, a full-service broker and money management service provider.
Immediately after her graduation from Trinity University in 1971, Walton was a children’s clothes buyer for Walmart before transitioning to the financial industry in 1975 as a broker with New Orleans-based firm, E.F. Hutton. In 1979, she was accused by the SEC of composing unsuitable option trades for customers. She publicly denied any legal violations but settled to avoid drawn-out litigation. The young securities broker was suspended for six months.
Walton is a board member of the Walton Family Foundation and founder of the Alice L. Walton Foundation. She has been recognized with numerous accolades in the arts and philanthropic community including:
- The Smithsonian Institution’s Archives of American Art Medal
- The John Cotton Dana Medal for Visionary Leadership in Museums
- The Leonore and Walter Annenberg Award for Diplomacy through the Arts
- Named one of the “Most Influential People in the World” by Time in 2012
- Named one of the “World’s Top Art Collectors” by ARTNews in 2013
- Inducted into the International Women’s Forum Hall of Fame in 2018
Walton holds a B.S. in economics and finance from Trinity University in San Antonio, Texas. A lifelong equestrienne, Walton raises cutting horses on her expansive Rocking W Ranch near Millsap, Texas, which she purchased in 1998.
What is Alice L. Walton's net worth?
The estimated net worth of Alice L. Walton is at least $928.00 million as of June 29th, 2021. Ms. Walton owns 6,748,580 shares of Walmart stock worth more than $927,997,236 as of December 4th. This net worth evaluation does not reflect any other assets that Ms. Walton may own. Learn More.
How do I contact Alice L. Walton?
The corporate mailing address for Ms. Walton and other Walmart executives is 702 SOUTHWEST 8TH ST, BENTONVILLE AR, 72716. Walmart can also be reached via phone at (479) 273-4000 and via email at [email protected]
Has Alice L. Walton been buying or selling shares of Walmart?
During the last quarter, Alice L. Walton has sold $127,953,635.00 of Walmart stock. Most recently, Alice L. Walton sold 293,226 shares of the business's stock in a transaction on Thursday, December 2nd. The shares were sold at an average price of $137.21, for a transaction totalling $40,233,539.46.
Who are Walmart's active insiders?
Are insiders buying or selling shares of Walmart?
During the last year, Walmart insiders bought shares 1 times. They purchased a total of 7,725 shares worth more than $1,001,391.75. During the last year, insiders at the retailer sold shares 82 times. They sold a total of 50,474,162 shares worth more than $7,123,727,345.38. The most recent insider tranaction occured on December, 3rd when Director S Robson Walton sold 492,161 shares worth more than $67,544,175.64. Insiders at Walmart own 48.4 % of the company.
Information on this page was last updated on 12/3/2021.