Bloomberg Billionaires Index

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# 20 Alice Walton $57.8B

Random fact: Set up investment bank Llama. Company shuttered in 1998.


Walton is the youngest child of Sam Walton and an heir to the fortune he created in Walmart. She co-manages Walton Enterprises, one of two family holding companies that control about half of the world's biggest retailer. The Bentonville, Arkansas-based company had revenue of $572.8 billion in the year to Jan. 31, 2022.

As of :
Last change +$439M ( +0.8%)
YTD change -$4.77B ( -7.6%)
Biggest asset WMT US Equity
Country / Region United States
Age 72
Industry Retail
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Alice Walton's net worth of $57.8B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Walton's fortune is derived from Walmart, the world's largest retailer. The shares are owned through the Walton Family Holdings Trust as well as the family's closely held holding company, Walton Enterprises. Share information is based on the company's 2022 proxy statement and subsequent filings. Bloomberg's analysis credits her with 12% of the business, based on an assumption that co-founder Sam Walton split the shares he owned equally among his four children -- Rob, Alice, Jim and John. 

Since 1992, Walton has collected more than $10 billion in stock sales and dividends, based on an analysis of Bloomberg data. The value of her cash investments is based these proceeds, as well as taxes, art purchases, market performance and family investments. She doesn't own a stake in the family's Arvest Bank, the biggest bank in Arkansas.

Randy Hargrove, a spokesman for the Walton family, declined to comment on the net worth calculation.


Birthdate: 10/7/1949
Family: Divorced, No children
Education: Trinity University

The only daughter of Walmart founder Sam Walton, Alice Walton graduated from Trinity College in San Antonio, Texas, with a bachelor's degree in economics and finance. She embarked on a career in finance, first as an equity analyst at First Commerce, then as an options trader at E.F. Hutton. She also served as vice chairman and head of investments at Arvest Bank, the Walton family's closely held bank. In 1988, she started investment bank Llama Co., where she served as chief executive officer. The company folded following the bond market crash of 1998.

Alice Walton is a buyer of American art; her collection includes works by John Singer Sargent, Norman Rockwell and Asher B. Durand, which are displayed in the museum she founded, Crystal Bridges Museum of American Art, in Bentonville, Arkansas.

  • 1949 Alice Walton is born in Newport, Arkansas, to Sam and Helen Walton.
  • 1979 Works for Walmart as a buyer, moves to E.F. Hutton as options trader.
  • 1979 Accused by the SEC of making "unsuitable" option trades.
  • 1988 Starts her own investment bank, Llama Co.
  • 1999 Llama folds following the 1998 bond market crash.
  • 2011 Crystal Bridges Museum of American Art opens.