From career breakthroughs to professional milestones, explore how Alice Walton made an impact.
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.
In 1988, Alice Walton founded Llama Company, an investment bank, where she served as president, chairwoman, and CEO.
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.
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.
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.
As of January 2012, Alice Walton had contributed $200,000 to Restore Our Future, the super PAC associated with Mitt Romney's presidential campaign.
In 2016, Alice Walton donated $353,400 to the Hillary Victory Fund, a joint fundraising committee supporting Hillary Clinton and other Democrats.
In 2017, Alice Walton formed the Alice L. Walton Foundation, which promotes arts, education, health, and improving economic opportunity.
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.
In 2019, Alice Walton established the Whole Health Institute, which works to build and expand access to holistic healthcare.
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.
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.
As of September 2021, the Art Bridges Foundation had approximately 30 exhibits traveling throughout the United States.
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.
In 2023, construction began on the Alice L. Walton School of Medicine campus near Crystal Bridges.
In 2025, The Alice L. Walton School of Medicine held its grand opening ceremony and enrolled its first class.
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