Alice Louise Walton is an American heiress to the fortune of Walmart as daughter of founder Sam Walton. In September 2016, she owned over $11 billion in Walmart shares. As of November 2023, Walton has a net worth of $71 billion, making her the 17th richest person and the second-richest woman in the world according to Bloomberg Billionaires Index, after Françoise Bettencourt Meyers.
Walton in 2021
Walton at the 2011 Walmart Shareholders meeting
Crystal Bridges Museum of American Art, Bentonville, Arkansas
Samuel Moore Walton was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in Rogers, Arkansas and Midwest City, Oklahoma in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the biggest private employer in the world. For a period of time, Walton was the richest person in the United States. His family has remained the richest family in the U.S. for several consecutive years, with a net worth of around US$240.6 billion as of January 2022. In 1992 at the age of 74, Walton died of blood cancer and was laid to rest at the Bentonville Cemetery in his longtime home of Bentonville, Arkansas.
Walton, sometime between 1983 and 1990
Walton in his high school yearbook, 1936
Walton's Five and Dime, now the Walmart Historical Museum, Bentonville
Walton (right) and President George H. W. Bush (left) in March 1992; Sam Walton died 18 days after this photo was taken.