Alice Walton

Alice Louise Walton is the youngest child of Wal-Mart founder Sam Walton. She owns almost 343 million shares in the world's largest retailer, mostly through the family's holding company Walton Enterprises. She also owns a large collection of American art, which is displayed in her museum, Crystal Bridges, located in Bentonville, Arkansas.

Alice Walton News

Portugal Billionaire Sells Lollipops, Champagne in Poland

In 2003, Luis Amaral bought Eurocash SA, a Warsaw-based grocery business, for 120 million Polish zlotys ($30 million). The operation was losing money. Competitors were taking market share. Its owner, Jeronimo Martins SGPS SA, the Lisbon-based retail operation controlled by billionaire Alexandre Soares Dos Santos, wanted nothing to do with it.
Billionaires Worth $1.9 Trillion Seek Advantage in 2013

The richest people on the planet got even richer in 2012, adding $241 billion to their collective net worth, according to the Bloomberg Billionaires Index, a daily ranking of the world’s 100 wealthiest individuals.
The World’s 200 Richest People

Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
World Billionaires Gain $5 Billion, Led by Amazon’s Bezos

Amazon.com Inc. Chief Executive Officer Jeff Bezos saw his fortune rise by $2.72 billion yesterday to $21.2 billion, highlighting a week in which the world’s 40 richest people added $5.4 billion to their collective wealth.
At Wal-Mart a Microcosm of U.S. Inequalities: Jeffrey Goldberg

Last week, in a column about the new billion-dollar Crystal Bridges Museum of American Art in Bentonville, Arkansas, I mentioned an economist’s estimate that the heirs of Sam Walton, the founder of Wal- Mart Stores Inc., are collectively worth about the same as the bottom 30 percent of all Americans. Alice Walton, who founded the museum, is herself worth about $21 billion.
Billionaire Rinehart Feuds With Fortune-Hunting Children

John Hancock, the estranged son of Australia’s wealthiest citizen, the iron ore billionaire Gina Rinehart, recently flew to the U.S. to join 400 guests at a four-day wedding celebration in Bar Harbor, Maine.
Wal-Mart Heiress’s Art Museum a Moral Blight: Jeffrey Goldberg

The brand-new Crystal Bridges Museum of American Art in the small northwest Arkansas city of Bentonville is the creation of Alice Walton, the daughter of the late Sam Walton, who founded Wal-Mart Stores Inc., the largest retailer in the world.
Adam Smith’s ’Wealth’, Marilyn Monroe Note for Sale

A first edition of Adam Smith’s “An Inquiry Into the Nature and Causes of the Wealth of Nations” could sell for as much as $120,000 at auction next month.
Wal-Mart Heiress’s $1.2 Billion Castle Has Warhol, Glass Bridge

Peeking over a railing, I look down into a heavily wooded ravine where beefy buildings in concrete curve around courtyards and wrap two ponds vaulted by copper- roofed bridges.
Rinehart Says Australia Risks Europe-Like Crisis

Billionaire Gina Rinehart, Asia’s richest woman, said Australia risked facing a debt crisis similar to European nations because of overspending and a loss of competitiveness.