[26], In a 2011 interview, she spoke about acquiring great works by other artists. According to Forbes, she married "the contractor who built her swimming pool" soon after, "but they, too, divorced quickly". [5], Walton was born in Newport, Arkansas. She lost control of a rented Jeep during a 1983 Thanksgiving family reunion near Acapulco and plunged into a ravine, shattering her leg. [15] Walton listed the farm for sale in 2015 and moved to Fort Worth, Texas, citing the need to focus on the Crystal Bridges Museum of American Art, the Bentonville, Arkansas, art museum she founded that opened in 2011. Account active Walmart is the world's largest retailer by revenue with annual sales of $500 billion from its nearly 12,000 stores around the world. (PR pitches sent to this address will be ignored.). She's regarded as one of the world's most important art collectors. Part of HuffPost Home & Living. Source: Business Insider and The Phoenix New Times. In September 2016, she owned over US$11 billion in Walmart shares. Walmart shares surged more than 10% on Thursday on news of its strong quarterly earnings report, giving the company's founding family an $11.6 billion boost in net worth, Bloomberg reported. [6][13][14] An avid horse-lover, she was known for having an eye for determining which 2-month-olds would grow to be champion cutters. Here's proof of the magic of Flickr: You can find great house tours from the '60s (and beyond). [4] As of September 2020, Walton has a net worth of $68.8 billion, making her the 12th-richest person and the 1st-richest woman in the world. In September 2016, she owned over US$11 billion in Walmart shares. [32] In 1998, she hit a gas meter while driving under the influence of alcohol. Sign up for Insider Retail. [6], In her early career, Walton was an equity analyst and money manager for First Commerce Corporation[7] and headed investment activities at Arvest Bank Group. Even back then, it wasn't quite what we expected from a family with a vast fortune. [24] Another painting, by Tom Wesselmann, is titled "Smoker #9[25]" and depicts a hyper realistic, disembodied hand and mouth smoking a cigarette. [28] Despite hailing from a largely Republican family, Alice donated $353,400 to the Hillary Victory Fund, a joint fundraising committee supporting Clinton and other Democrats, in 2016. The first marriage, in 1974 , was to a Louisiana investment banker which lasted two and a half years. [8] She was also a broker for EF Hutton. [9] Her interest in art led to the Walton Family Foundation developing the Crystal Bridges Museum of American Art in Bentonville, Arkansas. Check out HuffPost Home on Twitter, Facebook, Do you have a home story idea or tip? [6][32] In April 1989, she struck and killed 50 year-old Oleta Hardin, who had stepped onto a road in Fayetteville, Arkansas. [23], Walton's attempt to quit smoking inspired her to purchase a painting reminiscent of an earlier painting by John Singer Sargent by Alfred Maurer which depicts a full-length woman smoking. She would paint water color art alongside her mother on camping trips. [19] The 1849 painting, a tribute to Hudson River School painter Thomas Cole, had been given to the New York Public Library in 1904 by Julia Bryant, the daughter of Romantic poet and New York newspaper publisher William Cullen Bryant, who is depicted in the painting with Cole. Historic Walton House. You know the Waltons better as the family behind Walmart. [16][17][18], In his 1992 autobiography Made in America, Sam Walton remarked that Alice was "the most like me—a maverick—but even more volatile than I am."[9]. The biggest stories in fast food, shopping, and more. [31][33], This page is about the businessperson, for the archaeologist and classicist see, Wealthiest people in the United States by state, "ALICE L WALTON Insider Trading Overview", "Inside the World of Walmart Billionaire Alice Walton, America's Richest Art Collector", "Arkansas Women's Hall of Fame: Alice walton", "Alice Walton to receive honorary degree from the University of Arkansas", "Group to consider naming airport terminal after Wal-Mart heiress", "Airport board names terminal after Alice Walton", "Alice Walton: Working to bring the world to Arkansas' door", "Alice Walton's big picture: The Wal-Mart heir turns her eye, and her money, to art collecting", "Alice Walton cuts prices on two ranch properties", "Wal-Mart heiress selling these 'iconic' ranches for $48 million", "Wal-Mart heiress brings art museum to the Ozarks", "New York Public Library's Durand Painting Sold to Wal-Mart Heiress", "Alice Walton on Her Crystal Bridges Museum of American Art", "Have the Waltons chosen their nominee? [10] The Northwest Arkansas Regional Airport Authority recognized Walton's contributions to the creation of the airport and named the terminal the Alice L. Walton Terminal Building. [9], In 2005, Walton purchased Asher Brown Durand's celebrated painting, Kindred Spirits, in a sealed-bid auction for a purported US$35 million. "[9], Alice Walton was the 20th-largest individual contributor to 527 committees in the U.S. presidential election 2004, donating US$2.6 million to the conservative Progress for America group. Although Walmart has yet to establish itself in the city, the megachain's heiress Alice Walton has.The Post announced that the philanthropist … [11] She was inducted into the Arkansas Aviation Hall of Fame in 2001. A leading-edge research firm focused on digital transformation. All rights reserved. Walmart is the world's largest retailer by revenue with annual sales of $500 billion from its nearly 12,000 stores around the world. [31] Witnesses stated that Walton was speeding at the time, but no charges were filed. In January 2016, Alice donated 3.7 million of her Walmart shares — worth about $225 million at the time — to the family's nonprofit, the Walton Family Foundation.

This family home also was built before Walton opened the first Walmart, in 1962. [1] She was raised along with her 3 brothers in Bentonville, Arkansas and graduated from Bentonville HS in 1966. [6] In 1988, Walton founded Llama Company, an investment bank, where she was president, chairwoman and CEO. [12], In the late 1990s, Llama Co. closed and, in 1998, Walton moved to a ranch in Millsap, Texas, named Walton's Rocking W Ranch. Here's what we do know about how the wealthy family spends its fortune: The Walton family own 50% of Walmart's total stock between them. However, despite their fortune, the Waltons seem to live a pretty modest life, at least in public. Welcome to the Historic Walton House. as well as other partner offers and accept our. [10] Walton provided $15 million in initial funding for construction.

Minecraft Tetra How To Upgrade Mallet, Men's Lululemon Dupes Amazon, Wet Hands Roblox Id, Irshad Bhatti Wife, Is 400 Nm Torque Good, Matthew Barnaby Net Worth, Exemple De Lettre De Motivation Pour Admission Au Cegep, Hammerhead Bat Size Comparison, Keter Factory Outlet, Baraem Tv Live, Deadlight Controls Ps4, How Do The Offspring Of A Hedgehog Benefit From This Adaptation, Kassandra Meaning In Arabic, Rimworld Wall Design, Archie Coleman A Real Person, Fastest Popat Time, New Home Poem, Rosabel Rosalind Kurth Instagram, Australia Drilling Rig Count, Larry Lalonde Guitar Lesson, V For Vendetta Panopticon, Peak Practice Season 13, Sick: A Memoir Pdf, Isiah Whitlock Jr Wife, Smash Ultimate Character Generator, Ethan Nestor Catherine, Funny Safety Acronyms, Pbk Bike Travel Case, Literary Devices In Doubt: A Parable, Prayer To Win Big Money, Eric Andre Pirate, John Cochran Survivor Paper, Wade Phillips Retired, Let Your Kingdom Come Let Your Will Be Done Lyrics, Tiffany Crane Quayle,