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Alice Walton

The only daughter of Walmart founder Sam Walton and the world's richest woman, whose roughly $130-150 billion fortune rests on the family's controlling stake in the largest U.S. retailer.

Role
Heir to the Walmart fortune; philanthropist and art collector
Net worth
~$134 billion (Forbes); ~$152 billion (Bloomberg) (2026)
Born
1949, Newport, Arkansas
Based
Fort Worth, Texas, and Bentonville, Arkansas
Citizenship
United States

Alice Walton is the only daughter of Walmart founder Sam Walton and, for the third consecutive year, the richest woman in the world. Forbes valued her fortune at about $134 billion in 2026, while Bloomberg's index put it above $150 billion; her wealth jumped sharply as Walmart's stock rose roughly 30 percent over the prior year. Unlike her brothers, she has never run Walmart, but she shares in the family's controlling ownership of the company.

The Walton family, through Walton Enterprises and related holdings, controls roughly 45 percent of Walmart - the largest private employer in the United States and the country's biggest retailer by revenue. That concentrated stake makes the family's collective wealth a direct function of Walmart's performance and gives it durable influence over a company central to American retail, supply chains, and low-wage employment.

Walton has directed much of her fortune into art and, more recently, health. She founded the Crystal Bridges Museum of American Art in Bentonville in 2011 and the Alice L. Walton School of Medicine, which opened its inaugural class of 48 students in July 2025 with a 'whole health' curriculum and free tuition for its first cohorts.

What they control

  • A share of the Walton family's roughly 45 percent controlling stake in Walmart
  • Walton Enterprises and family investment vehicles that hold the family's wealth
  • Crystal Bridges Museum of American Art, a major cultural institution she founded and funds
  • The Alice L. Walton School of Medicine and a growing health-and-wellness philanthropy in Arkansas
  • Significant philanthropic influence over Northwest Arkansas's economy and institutions

Key institutions & holdings

WalmartHeir/owner (family stake)

Family controls ~45%; world's largest retailer and largest U.S. private employer.

Walton EnterprisesFamily holding vehicle

Holds and manages the Walton family's Walmart stake and wealth.

Crystal Bridges Museum of American ArtFounder

Opened in Bentonville in 2011.

Alice L. Walton School of MedicineFounder

Opened its first class in July 2025 with free tuition for early cohorts.

Key facts

  • Only daughter of Walmart founder Sam Walton; the world's richest woman for a third straight year in 2026.
  • Net worth estimated at about $134 billion (Forbes) to over $150 billion (Bloomberg) in 2026.
  • Her fortune rose sharply as Walmart stock gained roughly 30 percent over the prior year.
  • The Walton family controls roughly 45 percent of Walmart.
  • Founded Crystal Bridges (2011) and the Alice L. Walton School of Medicine (first class July 2025).

Timeline

  1. 1949Born in Newport, Arkansas, the only daughter of Sam and Helen Walton.
  2. 2011Opens the Crystal Bridges Museum of American Art in Bentonville.
  3. 2024Crosses $100 billion in net worth, becoming the world's richest woman.
  4. 2025-07The Alice L. Walton School of Medicine welcomes its inaugural class of 48 students.
  5. 2026Tops the Forbes list of the world's richest women for a third consecutive year.

Controversies

Fatal 1989 car accident · 1989

Walton struck and killed a pedestrian, Oleta Hardin, while driving in Arkansas in 1989; no charges were filed.

Drunk-driving record · 1998-2011

She was convicted of DWI in Arkansas in 1998 and arrested again for DWI in Texas in 2011, a case that lapsed when the statute of limitations expired.

Walmart wages and inequality · ongoing

The family's vast inherited wealth has drawn criticism alongside protests over low pay and labor conditions for Walmart's hourly workforce.

Network

  • Sam WaltonFatherFounded Walmart in 1962; source of the family fortune.
  • Rob WaltonBrotherFormer Walmart chairman and co-heir.
  • Jim WaltonBrotherCo-heir and steward of family financial interests.
  • Walton familyCo-ownersCollectively control Walmart through Walton Enterprises.

Why this matters

One family's controlling stake in Walmart ties an immense, inherited fortune to a company that sets wages, prices, and supply-chain terms for much of the country. How that wealth is used - whether for civic goods like museums and medical schools or simply preserved - reflects the broader question of how much unaccountable influence a single family should hold over the economy and the communities that depend on it.

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