Alice Walton is the youngest heir to the entire company named the Walton Enterprises. She is one of the women who look after the entire business of the company. The Walton Enterprise is one of the biggest retailers in the world. In the year 2018, the company had a revenue of around $500 billion. Let us look into the net worth of Alice Walton in 2018.
Early Life & Biography:
Alice was born in the year 1949 on 7th October in the city of Newport, Arkansas. Her parents are Sam Walton and Helen Walton. She has three brothers named Robson Walton, Jim Walton and late John Walton. She had done her graduation on the subjects economics and finance from the well known Trinity University in San Antonio, Texas.
Alice Walton was first married in the year 1974 to a significant Louisiana investment banker. She was 24 at that time. Eventually, within two and half years both of them got divorced. After a while, the Forbes magazine had printed an article which mentioned that Alice had again married a man who had built house and swimming pool. They too got divorced soon.
Career, Awards, & Nominations:
Initially, Walton worked as a equity analyst and the money manager for the First Commerce Corporation. At Arvest Bank Group, Alice also headed the investment activities. She worked as a broker in the company named EF Hutton. In the year 1988, Alice founded a company named Llama Company. She was the president and CEO of this investment bank.
In the year 1998, she was the first person to be the head of the North Arkansas Council and help in the growth of Northwest Arkansas Regional Airport. Walton contributed a huge amount into construction of the airport and named the terminal after her name. It was called Alice L. Walton Terminal Building. She was also given the honor into the Arkansas Aviation Hall of Fame in the year 2001.
After the closing of Llama company, Walton shifted to Millsap in Texas into the company Walton’s Rocking W Ranch.
In the presidential election of 2004,Alice was the twentieth largest individual contributor to 527 committees in the U.S.
Net Worth & Earnings:
Alice Walton has a total of net worth of $48 billion. She was given the recognition of the wealthiest woman in the world. She was marked to be the eighteenth richest person in the world. She is still one of the richest woman in the world.
Alice Walton has undergone a number of surgeries due to painful injuries that she had received from a dozen automobile accidents. She has also paid a number of fine as she has caused a lot of damages through her accidents too. But she is a woman who is mentally, emotionally and physically strong. She has been an icon to many. This is a reason her brother, Sam Walton in his autobiography have mentioned Alice to be a woman more like a maverick character, appreciating her strength and personality