Alice Walton

United States
Net Worth (2012):$ 23.3 Billion
About Trivia (0)
Born in: Newport, Arkansas
Marital status: Divorced
Occupation: Hieress, Walmart

A woman with endless amount of fortune to spend, Alice Walton is the youngest of the 4 children of Sam Walton and Helen Walton and one of the three surviving heirs to the world’s biggest retail chain and business, Wal-Mart. Her life has been the major topic of interest to the Americans, who despise the Wal-Mart family as much as they love its stores, which has been a positive force in terms of bringing down the cost of living for poor Americans.

 

With a net worth exceeding $21 Billon, she is the 10th richest American and can buy almost anything and everything. However, when she does buy, it makes the top headlines, almost always not for better. Her $35 million acquisition of “Kindred Spirits,” by Asher B. Durand, from the New York Public Library for her Crystal Bridges museum created a huge stir in the art market and aroused a wave of skepticism from art lovers.
A graduate in Economics and Finance from Trinity University in San Antonio, Texas, she didn’t join her father’s company right away. Instead she got her first job as an equity analyst at First Commerce Corporation. Her later business exploits include an investment bank, which she opened in 1988. However the ill-timed bond market crash in 1998 was enough to fold the bank. Alice’s also served as the vice chairperson of Arvest Bank Group.

 

Despite her secrecy shrouded persona, Walton’s philanthropic efforts have not gone totally unrecognized. Using her position at Northwest Arkansas Council, she got built an airport, which used the finances provided by her as seed. Alice Walton has also funded the 160-acre Camp War Eagle in Bentonville’s outskirts, where campers belonging to different socioeconomic strata and races participate, with the less affluent ones receiving scholarships. Alice Walton likes to spend her time in the quiets of her 3,200-acre Texas Ranch and her childhood home in Bentonville. She likes to go for horse riding on occasions and dotes on her nieces and nephews. A more interesting bit of her life has been her frequent conflicts with the law on accounts of rash driving or drunken driving.

Alice Walton Autos and Cars (1)

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2006 Ford F-150 King

owned by
Alice Walton
40,000

Alice Walton is a ranch girl, and likes to spend the most of her time at her Texas ranch. Given the size of her ranch, which is 3200 acres, she does needs a sturdy vehicle, which not only is apt for farm conditions but is also fashionably hip. 2006 Ford F-150 King has exteriors of a modern truck but the interiors are as plush as a sedan, making you rarely feel like you are sitting inside a pickup truck. However being essentially a farm vehicle it has enough power packed under the hood which helps the driver in good stead. 

The interiors

The 2006 Ford F-150 King has pretty plush interiors for a pick up truck.

Alice Walton Collectibles (1)

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Crystal Bridges Museum of American Art

owned by
Alice Walton
20 Million

Alice Wanton has long been a passionate collector and patron of American art. So it didn’t came as a surprise when she announced to the world about her plans to open an art museum in her native Bentonville. However, things got a little rough for Alice when she bought “Kindred Spirits” by Asher B. Durand from the New York Public Library for around $35 million to display in her museum. The art fraternity grew skeptic of Alice’s intentions and with every further purchase of an artwork made by her she was slammed as “a hovering culture vulture poised to swoop down and seize tasty masterpieces from the hands of weak.” Her museum was considered to be an unnecessary addition and a threat to the world of art.
However, she got it built within record period of time and opened the museum for the public in November 2011. The Walton family sponsers every entry and for the same has granted the museum a $20 million grant. The Wal-Mart has also pledged a $1.2 billion support to the museum in the coming time. Designed by the Boston based architect Moshe Safdie, the museum houses Walton’s personal collection as well as gifts and loans from other private collectors. The museum has amazing architecture and the bridge is actually two building that connect each other over a man-made lake.

The Lower Pond

The Lower Pond at Crystal Bridges Museum of American Art.

Alice Walton Estates and Homes (1)

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Rocking W Ranch

owned by
Alice Walton

Alice moved to this 3200 acres of forest land in the late 1990’s after her business venture Llama Company failed to take off. She has been since living her reclusive life in the insides of a humble 4,432 square foot stucco house, built in the middle of the ranch. The ranch is particularly known for its race-winning horses, which are bred for cutting, meaning they are trained for a competition in which riders in a ring compete to separate cattle singly from a herd.

 

Location: The ranch is located in Milsap, Texas.


Alice, as a kid used to play with horses and her life has come full circle now as she spends all her time living in this ranch of hers, raising cutting horses and performing philanthropic duties

Living area

There is nothing extraordinary about the living area interiors.

More of the wooden and stone architecture

A look at the place and it is clear that the stone and wood combination is pretty much highlighted everywhere.

Naturally lighted pool

The home uses minimum resources and has efficient natural lighting.

4,432 square foot stucco house

A humble 4,432 square foot stucco house, built in the middle of the ranch.

The driveaway

Being in midst of dense greenery doesn't means that the home does not have a wide driveaway.

Among the greens

Alice moved to this 3200 acres of forest land in the late 1990’s .

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