Who is Alice Walton?
Alice Walton, daughter of Sam Walton, founder of Walmart, the world’s largest retail company. Sam Walton founded Walmart in 1967, which is currently the largest retail chain in the world. After Sam died in 1992, his share of the three children was split. Alice Walton and her two brothers are included in the list of the top 20 wealthy people in the world based on their ownership of Walmart.
Alice Walton and her brothers have owned more than 50 percent stake in Walmart. Alice is the richest member of her Walmart family. According to Forbes Alice Walton net worth of 63.7 billion, makes her come in the world’s 15 richest people and 2nd richest woman.
Born, Study & Career
Alice Walton was born on 7 October 1949 in Newport, Arkansas, US. Graduated from Trinty University, Texas, B.A in economics. Alice has worked as an analyst and money manager for the first commerce corporation. After her graduation from Triny University use to work as the buyer of kid’s cloth for a short period of time.
Also worked as E.F Hutton broker in 1988 she founded Llama Company, which was an investment bank and headed as CEO, President, and chairwoman.
Walmart is currently the world’s largest company whose revenue is the highest among private companies in the world. Its total revenue is 31.33 lakh crores ($ 482 billion) and daily earnings of 8600 crores. Its success stories are no less than a fairytale. Walmart is an American company that sells retail merchandise that operates discount stores, grocery, and online stores.
Walmart was founded in 1962 by American citizen Sam Walton. In the year 1945, Sam Walton bought a store Ben Franklin Store. Where he used to sell every item at a lower price than other shops. On the basis of this, Sam’s store started moving faster than other stores. Along with that, his profit also increased.
Alice Walton Father late Sam Walton was the founder of Walmart, her mother late Helen Robson Walton was a prominent arts advocate. Walton married two persons in her life one was a 1974 Louisiana investment banker at the age of 24. Another one was a contractor who had built her swimming pool but she divorced soon in both marriages.
She has three brothers John T.Walton, Jim C.Waltom, and S.Robson Walton. Alice lives in Fort Worth, Texas. Talking about her children she never had one.