Alice Walton Net Worth
Alice Walton net worth and salary: Alice Walton is the daughter of Walmart founder Sam Walton. Alice Walton has a net worth of $44 billion. Alice Walton is a board member of Amon Carter Museum and heiress to the Walmart fortune. She was born in 1949 and now resides in Fort Worth, Texas, U.S. Her impressive net worth, accumulated largely through Wal-Mart's monolithic success in retail, makes her the 10th richest person in America. She began a career in finance with the First Commerce Corporation based in her native Texas, and has held jobs with numerous financial firms since then. Alice Walton is also a well-known political contributor; having provided funding for various conservative organizations such as Progress for America, which among other things ran numerous television advertisements in favor of President George W. Bush's Iraq invasion. She has also earned a reputation as an art collector, and is a member of the Trustees' Council at the National Gallery of Art, housed in Washington, DC. Walton's personal life has been the subject of some controversy, particularly her numerous mishaps on the road. It's public knowledge that she has been involved in at least three incidents involving her driving an automobile, most recently in 2010, when she was arrested on the charge of driving while intoxicated after celebrating her 62nd birthday. Her most serious offense on the road, however, was an incident in 1989, when she struck and killed a 50-year-old pedestrian. However, no charges were filed.
Net Worth details: Alice Walton owns a 13 percent stake in Wal-Mart through the Walton Family Holdings Trust and Walton Enterprises. She does not have any stake in the largest bank in Arkansas, Arvest Bank which is worth about $1.6 billion as a whole and owned by the family. Walton has earned about $7 billion worth of stock sales and dividends since 1992. His siblings Jim and Rob Walton are also beneficiaries of Walton Enterprises.
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