Alice Walton is one of the world's leading art collectors, with items by Jeff Koons and even Andy Warhol in her collection. Furthermore, she is also the richest woman in the US, with a fortune valued at US$ 59.3 billion, which certainly makes her one of the women most powerful living in the world. Keep reading and learn more about her.
About Alice Walton's fortune
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Much of Alice Walton's money comes from inheritance, since she is the daughter of Sam Walton, who was simply the owner and founder of Walmart. This has certainly helped her to be not only the richest woman in her country, but also the second richest woman in the entire world!
In this case, Alice inherited a 13% stake in Walmart from her father.
However, that is not what her fortune is limited to, as Walton has also managed to forge her own path in the business world. Earlier in his career, Walton worked as a money manager for First Commerce Corporation and went on to head investment activities at Arvst Bank Group.
However, it was in founding the Llama Company that she rose to prominence as a businesswoman. In this case, Llama is a bank that focuses on investing in infrastructure in northwest Arkansas. In founding the bank, Walter assumed the positions of president and CEO and provided $15 million in seed funding for the Regional Airport.
art and philanthropy
However, it was not just the world of business that attracted Alice Walton, quite the contrary! After all, since high school she developed an interest in the world of art and started to collect important works as soon as she started her adult life. Today, she is one of the greatest art collectors in the world, with an impressive collection.
Along with her passion for art, Alice develops philanthropic initiatives that seek to bring art closer to those who need it most. Thus, it invests in some projects aimed at education and the development of art for underprivileged children and young people.
