Alice Walton: world's richest woman and how she spends $135 billion

The Walmart heiress has built museums, founded a medical school and committed billions to philanthropy while keeping her personal life private.

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Alice Walton: world's richest woman and how she spends $135 billion

The Walmart heiress has built museums, founded a medical school and committed billions to philanthropy while keeping her personal life private.

In brief

The Walmart heiress has built museums, founded a medical school and committed billions to philanthropy while keeping her personal life private. Alice Walton, the world's richest woman with a net worth of one hundred thirty five billion dollars, has spent her Walmart fortune on art museums, medical education and…

World's richest woman

Smiling person with gray hair, glasses, black high-neck top, and decorative belt stands against a light background.

Alice Walton, daughter of Walmart founder Sam Walton, is the world's richest woman. As of November two thousand twenty six, Forbes estimates her net worth at about one hundred thirty five billion dollars.

Wealth from Walmart stock

Her fortune comes largely from her inherited stake in Walmart. Her wealth grew thirty three billion dollars in the preceding twelve months as Walmart's stock rose thirty percent, Forbes estimated in March.

Overtook L'Oréal heiress

Walton overtook L'Oréal heiress Françoise Bettencourt Meyers as the world's richest woman on Forbes' two thousand twenty five list, retaining the title this year.

Chose arts over business

Chose arts over business

Unlike her brothers Rob and Jim, Alice Walton has not played a major role in running Walmart and has instead become a patron of the arts.

Early art passion

Walton fell in love with the arts at a young age. When she was around ten years old, she bought her first work of art: a reproduction of a Picasso painting for about two dollars.

Founded investment bank

After graduating from Trinity University in San Antonio in nineteen seventy one, Walton worked for Walmart as a buyer of children's clothes.

Crystal Bridges Museum

In two thousand eleven, Walton opened the Crystal Bridges Museum of American Art in Bentonville, Arkansas, with her private art collection.

“Collecting has been such a joy, and such an important part of my life in terms of seeing art, and loving it.”

Record art purchase

In two thousand fourteen, Walton paid forty four point four million dollars for Georgia O'Keeffe's Jimson Weed/White Flower No.one.

Billions to philanthropy

Walton has contributed more than six billion dollars to five family charitable foundations, which had distributed an estimated two billion of her funds through two thousand twenty four.

Medical school founded

In two thousand twenty one, the Alice L.Walton School of Medicine was founded.The school welcomed forty eight students in two thousand twenty five and welcomed its second class of forty eight this year.

Healthcare campus under construction

The Alice L.Walton Foundation and Mercy are building a healthcare campus in Bentonville.Its first building, a seven hundred nine thousand square foot specialty care center, is expected to open in two thousand twenty nine.

STEM university planned

Along with other Walton family members, Walton is helping to fund a STEM focused university in Bentonville.It's scheduled to have its first class of students in two thousand twenty nine.

What it means

Alice Walton, the world's richest woman with a net worth of one hundred thirty five billion dollars, has spent her Walmart fortune on art museums, medical education and philanthropy.

Read the original on Business Insider

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