Alice Walton

  • American businesswoman
  • Born October 7, 1949

Alice Louise Walton (born October 7, 1949) is an heiress to the fortune of Walmart Inc. She is the daughter of Walmart founder Sam Walton and Helen Walton, and sister of S. Robson Walton, Jim Walton and the late John T. Walton. In September 2016, she was reported to own over US$11 billion in Walmart shares. As of April 2019, she was ranked as the 18th-richest person in the world and the second richest woman (behind L'Oreal heiress Francoise Bettencourt-Myers), with an estimated net worth of $45 billion.

I think it is more of an intuitive, circular kind of personality, for starters. And, as I say of horses, the secret to breeding great horses is the three B's: bones, brains, and balance. If you look at art, it shares some of the same qualities.

One of the great responsibilities that I have is to manage my assets wisely, so that they create value.

I know the price of lettuce. You need to understand price and value. You buy the best lettuce you can at the best price you can.

There is a lot that horses and art share in common. I have found that most horse people are art lovers, and vice versa.