History of Alice Walton in Timeline
Alice Walton is an American billionaire and heiress to the Walmart fortune, as the daughter of Sam Walton. As of July 2025, with an estimated net worth of $116 billion, she is the richest woman globally and ranks among the wealthiest individuals worldwide, according to the Bloomberg Billionaires Index.
1 hour ago : Alice Walton tops world's richest list, fueling inherited wealth discussions in Fort Worth.
Alice Walton was recognized as the world's richest woman, sparking conversations around inherited wealth, especially in Fort Worth, following the 2026 rich list. The focus is on gender dynamics.
October 7, 1949: Alice Walton's Birth
On October 7, 1949, Alice Louise Walton was born. She is the daughter of Sam Walton and heiress to the Walmart fortune.
1966: Graduation from High School
In 1966, Alice Walton graduated from Bentonville High School.
1974: First Marriage
In 1974, at age 24, Alice Walton married a prominent Louisiana investment banker.
1983: Automobile Accident near Acapulco
During a 1983 Thanksgiving family reunion near Acapulco, Alice Walton lost control of a rented Jeep and plunged into a ravine, shattering her leg and requiring more than two dozen surgeries.
1988: Founded Llama Company
In 1988, Alice Walton founded Llama Company, an investment bank, where she served as president, chairwoman, and CEO.
April 1989: Automobile Accident and Fatality
In April 1989, Alice Walton struck and killed 50-year-old Oleta Hardin, who had stepped onto a road in Fayetteville, Arkansas. No charges were filed.
1998: Driving Under the Influence
In 1998, Alice Walton hit a gas meter while driving under the influence of alcohol and paid a $925 fine.
1998: Move to Rocking W Ranch
In 1998, Alice Walton moved to a ranch in Millsap, Texas, named Walton's Rocking W Ranch.
1998: Development of Northwest Arkansas Regional Airport and Closure of Llama Company
In 1998, Alice Walton played a major role in the development of the Northwest Arkansas Regional Airport, providing $15 million in initial funding, while her company, Llama Company, underwrote a $79.5 million bond. The airport later named the terminal the Alice L. Walton Terminal Building. Llama Company also closed in 1998.
2001: Inducted into Arkansas Aviation Hall of Fame
In 2001, Alice Walton was inducted into the Arkansas Aviation Hall of Fame.
December 2004: Art Purchase at Sotheby's
In December 2004, Alice Walton purchased art from the collection of Daniel and Rita Fraad at Sotheby's in New York.
2004: Political Contributions in 2004
In 2004, Alice Walton contributed US$2.6 million to the conservative Progress for America group, becoming the 20th-largest individual contributor to 527 committees in the U.S. presidential election.
2005: Purchase of "Kindred Spirits"
In 2005, Alice Walton purchased Asher Brown Durand's painting "Kindred Spirits" for US$35 million at a sealed-bid auction. The painting was originally given to the New York Public Library in 1904.
2009: Acquisition of Rosie the Riveter
In 2009, Alice Walton acquired Norman Rockwell's "Rosie the Riveter" for $4.9 million.
2011: Crystal Bridges Museum Opening
In 2011, the Crystal Bridges Museum of American Art, developed by the Walton Family Foundation, opened in Bentonville, Arkansas. It was designed by architect Moshe Safdie.
2011: Interview on Art Acquisition
In a 2011 interview, Alice Walton spoke about acquiring great works by artists, including Marsden Hartley and Andrew Wyeth.
January 2012: Contribution to Restore Our Future
As of January 2012, Alice Walton had contributed $200,000 to Restore Our Future, the super PAC associated with Mitt Romney's presidential campaign.
2015: Listing Rocking W Ranch for Sale
In 2015, Alice Walton listed her Rocking W Ranch for sale and moved to Fort Worth, Texas, to focus on the Crystal Bridges Museum of American Art.
2016: Donation to Hillary Victory Fund
In 2016, Alice Walton donated $353,400 to the Hillary Victory Fund, a joint fundraising committee supporting Hillary Clinton and other Democrats.
2017: Formation of the Alice L. Walton Foundation
In 2017, Alice Walton formed the Alice L. Walton Foundation, which promotes arts, education, health, and improving economic opportunity.
2017: Formation of Art Bridges Foundation
In 2017, Alice Walton formed the Art Bridges Foundation, which partners with small and regional museums to provide funding, collection loans, traveling exhibits, and art programs.
2019: Establishment of Whole Health Institute
In 2019, Alice Walton established the Whole Health Institute, which works to build and expand access to holistic healthcare.
2020: Move Back to Bentonville
In 2020, Alice Walton moved back to Bentonville.
2020: Foundation Grants in 2020
In 2020, the Alice L. Walton Foundation gave the University of Central Arkansas $3 million for its fine arts program and a $1.28 million grant to the University of Arkansas for Medical Sciences to expand its program to provide healthy food in schools.
March 2021: Announcement of Alice L. Walton School of Medicine
In March 2021, Alice Walton announced that the Whole Health Institute would build a non-profit medical school in Bentonville called the Alice L. Walton School of Medicine, focusing on allopathic medicine.
September 2021: Art Bridges Foundation Exhibits
As of September 2021, the Art Bridges Foundation had approximately 30 exhibits traveling throughout the United States.
2021: Crystal Bridges Museum Visitors
As of 2021, Crystal Bridges Museum had been visited more than 5 million times.
2022: Creation of Non-Profit Medical System
In 2022, the Alice L. Walton Foundation and Washington Regional Medical System announced plans to create a non-profit medical system aimed at training doctors in specialty care fields.
2023: Construction of Alice L. Walton School of Medicine
In 2023, construction began on the Alice L. Walton School of Medicine campus near Crystal Bridges.
July 2025: Walton's Net Worth
In July 2025, Alice Walton's estimated net worth reached $116 billion, making her the richest woman in the world and 15th richest overall.
2025: Grand Opening of Alice L. Walton School of Medicine
In 2025, The Alice L. Walton School of Medicine held its grand opening ceremony and enrolled its first class.
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